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Top Cybersecurity IPOs to Watch in 2025

The cybersecurity industry is set to witness a significant shift in 2025, with several leading companies preparing for initial public offerings (IPOs). This article highlights four key players in the field—Netskope, Claroty, Abnormal Security, and Snyk—and provides insights into their business models, funding milestones, and market potential. With the rise in cyber threats, these companies aim to revolutionize how businesses secure their digital assets, presenting exciting opportunities for investors.

Netskope

Netskope has established itself as a leader in cloud-security services. Founded in 2012, the company focuses on Secure Access Service Edge (SASE) solutions, which combine network and security services into a unified platform. This approach helps organizations protect their data without compromising performance. Netskope serves over one-third of Fortune 100 companies and has raised $1.44 billion in funding. In October 2024, CEO Sanjay Beri announced plans for a U.S. IPO in late 2025, a move expected to enhance the company’s visibility and market position. Netskope’s solutions are pivotal in addressing the increasing demand for cloud-based security. Learn more about Netskope’s IPO journey on InvestBoss.

Claroty

Claroty, founded in 2014, focuses on securing critical infrastructure systems, including industrial control systems and power grids. With over $735 million in funding from investors like Rockwell Automation, Schneider Electric, and Siemens, Claroty is a trusted name in protecting cyber-physical systems. The company surpassed $100 million in annual recurring revenue and is a key partner for 20% of Fortune 100 companies. Claroty plans to go public in 2025 with a valuation target of $3.5 billion. This IPO marks a significant milestone for the company as it continues to expand its reach in safeguarding essential systems. Find out more about Claroty’s impact on the cybersecurity marketon InvestBoss.

Abnormal Security

Founded in 2018, Abnormal Security leverages artificial intelligence to combat email-based cyber threats. The company raised $250 million in a Series D funding round in 2024, pushing its valuation to $5.1 billion. CEO Evan Reiser revealed plans for an IPO by the end of 2025, focusing on expanding the company’s AI capabilities and global presence. Abnormal Security’s innovative approach makes it a key player in email security, offering solutions that detect and prevent sophisticated cyberattacks. Investors should keep an eye on this company as it continues to grow. Discover how Abnormal Security is changing email security on InvestBoss.

Snyk

Snyk is a developer-focused cybersecurity company that empowers software teams to identify and fix vulnerabilities in their code. With revenues growing by 50% to $220 million in 2023, Snyk has proven its capability to scale effectively. The company also reduced losses by 33%, signaling improved financial health. Snyk is preparing to file its IPO prospectus in 2025, marking a significant milestone in its journey to becoming a publicly traded company. The company’s unique focus on developer-first security positions it as a leader in the cybersecurity space.

Why These IPOs Matter

The 2025 cybersecurity IPOs represent more than just business milestones; they reflect a broader shift in how companies prioritize digital security. With increasing cyber threats and the rapid adoption of cloud technologies, businesses are seeking advanced security solutions. These IPOs provide investors with an opportunity to support companies that are shaping the future of cybersecurity. Whether it’s Netskope’s SASE solutions, Claroty’s infrastructure protection, Abnormal Security’s AI-driven email security, or Snyk’s developer-first approach, these companies are at the forefront of innovation in the industry.