CrowdStrike
Financials
Estimates*
| USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 874m | 1.5b | 2.2b | 3.1b | 3.9b | 4.8b | 5.8b |
| % growth | 82 % | 66 % | 54 % | 36 % | 28 % | 23 % | 21 % |
| EBITDA | (46.2m) | (66.0m) | (40.8m) | 294m | 980m | 1.2b | 1.6b |
| % EBITDA margin | (5 %) | (5 %) | (2 %) | 10 % | 25 % | 26 % | 28 % |
| Profit | (92.6m) | (235m) | (183m) | 89.3m | 129m | 265m | 509m |
| % profit margin | (11 %) | (16 %) | (8 %) | 3 % | 3 % | 6 % | 9 % |
| EV / revenue | 53.3x | 27.7x | 10.2x | 22.1x | 16.5x | 13.1x | 10.6x |
| EV / EBITDA | -1008.7x | -608.8x | -560.9x | 229.8x | 65.6x | 51.1x | 38.3x |
| R&D budget | 215m | 371m | 608m | 768m | - | - | - |
| R&D % of revenue | 25 % | 26 % | 27 % | 25 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | $26.0m | Series A | |
$30.0m | Series B | ||
N/A | Secondary | ||
$100m | Series C | ||
* | €91.0m Valuation: €3.0b | Series D | |
$25.0m | Series D | ||
* | $200m Valuation: $3.0b 56.9x EV/LTM Revenues -34.2x EV/LTM EBITDA | Series E | |
| N/A | $612m Valuation: $6.6b 55.6x EV/LTM Revenues -52.7x EV/LTM EBITDA | IPO | |
* | N/A | $750m | Post IPO Debt |
| Total Funding | AUD744m | ||
Recent News about CrowdStrike
EditCrowdStrike is a cybersecurity company that specializes in protecting businesses from cyber threats. The company operates in the cybersecurity market, providing cloud-native endpoint security solutions. This means their security tools are hosted in the cloud and designed to protect devices like computers and servers from cyber attacks.
CrowdStrike serves a wide range of clients, including some of the largest organizations in the world. Their clientele includes 44 of the Fortune 100 companies, 37 of the top 100 global companies, 9 of the top 20 major banks, 5 of the top 10 largest healthcare providers, and 7 of the top 10 largest energy institutions. This indicates a strong presence in various critical sectors such as finance, healthcare, and energy.
The company’s main product is the Falcon platform, which offers several key services:
- **Falcon Pro**: Replaces traditional antivirus software with next-generation antivirus (NGAV) that integrates threat intelligence and provides immediate responses to threats.
- **Falcon Insight**: Provides endpoint detection and response (EDR), which helps in detecting and investigating security incidents.
- **Falcon Device Control**: Manages and controls devices connected to the network to prevent unauthorized access.
CrowdStrike makes money by selling subscriptions to its Falcon platform. Clients pay for different levels of service, depending on their needs. The company also offers premium services like proactive threat hunting, which involves actively searching for potential threats before they can cause harm.
CrowdStrike has been recognized as a leader in the cybersecurity field. It has received accolades from industry analysts like Forrester and Gartner, highlighting its effectiveness in endpoint security and threat detection.
In summary, CrowdStrike is a leading cybersecurity firm that provides cloud-based endpoint protection to some of the largest organizations in the world. Its business model revolves around subscription-based services, offering advanced threat detection and response capabilities.
Keywords: cybersecurity, cloud-native, endpoint security, threat intelligence, Falcon platform, NGAV, EDR, proactive threat hunting, Fortune 100, subscription-based.
Tech stack
Investments by CrowdStrike
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