Material Security

Material Security is a cybersecurity company founded in 2017 by experts from Dropbox. The company specializes in protecting data within cloud office productivity suites, particularly Microsoft 365 and Google Workspace. It employs a zero-trust security model to secure sensitive information, prevent account takeovers, and stop data exfiltration while maintaining user productivity. Headquartered in Silicon Valley, Material Security emphasizes precision and customer-centric protection. Its comprehensive platform includes features like phishing protection, data loss prevention for email, account takeover prevention, and unified security for cloud environments. The company also offers proactive incident response and maintains transparent accountability through immutable audit logs. With over 100 employees and significant funding, Material Security has a strong net revenue retention rate and aims to expand its product offerings to cover more cloud applications. Material Security serves a diverse range of enterprise clients, including notable companies like Doordash, Lyft, and Fox. The leadership team, including CEO Abhishek Agrawal, guides the company's strategic vision and product innovation.

Computer & Network Security San Francisco, United States Founded 2017 ~75 employees Private · Series C

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Employees
75
-3.8% in the 3 months to Jun 2025
Revenue / employee
$40K
Revenue ~$3M
Total funding
$184M
Last round Series C, May 2022
12-month attrition
27.8%
Tech: 19.3%
H1B filings, FY2026
1
Sponsors visas
Open jobs
3
Last 30 days

Headcount trend

Material Security went from 79 employees in Jul 2023 to 75 in Jun 2025. Jan to Jun 2025: 4 people joined, 16 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Engineering29
Other20
Sales10
Operations4
Marketing4
Design3
Success3
Finance1

Hiring now

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Salaries at Material Security

All salaries

3 salary profiles in the US

Pay by level, gender and ethnicity

H-1B sponsorship

H-1B Sponsorship Limited
H-1B Filings by Department
Engineering1

Funding

  • May 2022 · Series C · $100M · Founders Fund, Andreesen Horowitz
  • May 2021 · Series B · $40M · Andreessen Horowitz LLC
  • Jun 2020 · Series A · $22M · Andreessen Horowitz, Andy Bechtolsheim, Drew Houston
  • Jun 2018 · Series A · $22M · Andreessen Horowitz
  • Jun 2017 · Seed · 122 West

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Material Security FAQ

How many employees does Material Security have?

Material Security has about 75 employees, down 3.8% over the 3 months to Jun 2025.

Does Material Security sponsor H1B visas?

Yes. Material Security filed 1 H1B (LCA) application in FY2026, according to the latest U.S. Department of Labor disclosures. It was for a Engineering role.

What is Material Security's revenue per employee?

Material Security makes about $40K in revenue per employee, based on $3M annual revenue and 75 employees.

How much does Material Security pay?

6figr has 3 salary profiles for Material Security in the US, with pay broken down by role, level, gender and ethnicity on the Material Security salaries page. See Material Security salaries

How much funding has Material Security raised?

Material Security has raised $184M in total funding; its latest round was Series C in May 2022.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.