Rapid7 LLC
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Rapid7 LLC - overview
Established
2000
Location
Boston, MA, US
Primary Industry
IT Security/Cybersecurity
About
Rapid7 LLC is a cybersecurity firm specializing in threat detection, vulnerability management, and incident response, empowering organizations to enhance their security posture against increasingly sophisticated cyber threats. Founded in 2000 and headquartered in Boston, US, Rapid7 LLC operates in the cybersecurity space, providing advanced security solutions. The company was initially founded by Tas Giakouminakis. Rapid7 has raised a total of USD 103.
20 mn, with its latest funding round being an IPO that also amounted to USD 103. 20 mn. The company has successfully completed 9 deals to date. Rapid7 offers a comprehensive suite of cybersecurity solutions designed to enhance organizational resilience against evolving threats.
The core product offerings include the Rapid7 command platform, which integrates various security functions such as extended detection and response (XDR), attack surface management, vulnerability management, and threat intelligence. These solutions are utilized by over 11,000 global organizations, including financial institutions, logistics companies, and public sector entities, to identify and mitigate risks, ensure regulatory compliance, and secure multi-cloud environments. Rapid7's products are sold in key geographical markets across North America, Europe, and Asia, addressing the needs of diverse sectors by providing actionable insights and continuous monitoring to preemptively stop cyber threats. Rapid7's revenue structure is primarily driven by subscription-based models for its suite of cybersecurity services, allowing clients to access ongoing support and updates.
The company reported a revenue of USD 859. 79 mn and an EBITDA of USD 61. 22 mn for the most recent year, 2025. Rapid7 engages in direct business-to-business transactions, partnering with organizations to deliver tailored security solutions that align with their unique operational needs.
Transactions typically involve annual or multi-year contracts for services such as managed detection and response (MDR), which includes 24/7 monitoring and incident response capabilities. Rapid7 plans to leverage its recent IPO funding to enhance its product offerings, focusing on the development of innovative cybersecurity solutions that cater to emerging threats. The company aims to expand into new markets in Europe and Asia by the end of 2025, enhancing its global footprint. The recent shift in investment strategy, marked by TCV exiting its stake in Rapid7, indicates a strategic repositioning that may further bolster its market presence and product capabilities.
Current Investors
TCV, Bain Capital
Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity, Analytics & Performance Software, Application Integration Software, Monitoring & Security Software
Website
www.rapid7.com/
Verticals
Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Rapid7 LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE, Secondary Buyout | Completed | Rapid7 LLC | - |
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