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Valor equity partners12/31/2023 ![]() “Since day one, Strider has been focused on delivering data and software to our customers that empower them to protect their talent, intellectual property, and supply chains. Strider will also look to expand its team of intelligence specialists, data scientists, software engineers, and professional and operational support staff all dedicated to protecting the ideals and innovations of the free world. The $45M investment will allow Strider to enhance existing products, introduce new capabilities, and expand its team and geographic presence to support demand across industry and government markets. We are proud to support such an important mission and look forward to Strider’s continued growth.” “Strider’s solutions are groundbreaking and critical for any organization operating in this increasingly competitive and complex global marketplace. “Strider is the first company to arm its customers with data intelligence to close the critical security gaps that nation-state actors have exploited for decades,” said Costa Saab, Chief Technology Officer of Valor Equity Partners, and former Senior Executive at the Central Intelligence Agency. Strider’s revenue growth came from premier Fortune 500 companies across semiconductor, pharmaceutical, aerospace and defense, and energy & chemicals industries, and contracts with government agencies. In 2021, Strider increased annual recurring revenue by over 450 percent with a customer retention rate of 100 percent. The investment comes at a time of rapid growth for Strider. Since launching in May of 2019, Strider has secured $57 million in venture capital funding, fueling product development and team growth, while securing Strider’s position in a new market category. Strider is the leading provider of proprietary data and software enabling Fortune 500 companies, government agencies, and research institutions to identify, manage, and respond to nation-state directed activities targeting their personnel, intellectual property (IP), and supply chains. Costa Saab, from Valor Equity Partners, will join Strider’s Board of Directors. The round was led by Valor Equity Partners, with participation from existing investors DataTribe, Koch Disruptive Technologies, and One9 Ventures. (“Strider”), the leading provider of strategic intelligence, announced today that it has closed $45 million in Series B funding. Salt Lake City, ApStrider Technologies, Inc. Series B Investment Will Enable Strider to Meet Aggressive Demand for Strategic Intelligence
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