kapynStartups

Cyera eyes $12B valuation at 80x ARR multiple despite operating losses

Cyera is nearing a $300 million funding round, potentially valuing the cybersecurity company at $12 billion. This aggressive valuation, at 80 times its annual recurring revenue, signals strong investor confidence in its growth trajectory despite current operating losses. Developers should watch Cyera's approach to data security in AI as it scales its platform.

TechCrunch AI·Jun 2, 2026

Opening Kapyn…