CyberStartup Watch
Late-Stage Profile

Wiz — Watchlist Profile

Wiz is the fastest-growing cloud security company in history, reaching $350M ARR in record time. As a late-stage company ($1.9B raised), Wiz serves as a benchmark for cloud security execution on our watchlist.

Company Overview

$350M

ARR

$1.9B

Total Raised

#1

Cloud Security

1,200+

Employees

Market Position

Wiz pioneered the agentless cloud security model, providing complete visibility across AWS, Azure, GCP, and OCI without requiring agent deployment. The CNAPP platform covers cloud security posture management (CSPM), cloud workload protection (CWPP), and cloud infrastructure entitlement management (CIEM) in a unified interface.

Relevance to Our Watchlist

While Wiz is beyond typical watchlist stage ($1.9B raised), it demonstrates what exceptional execution looks like in cloud security. Startups on our cloud security sub-watchlist are evaluated partly against Wiz's growth trajectory and product breadth. The company sets the pace for the category.

Key Metrics

Founded: 2020
HQ: New York, NY
CEO: Assaf Rappaport
Total Raised: $1.9B
Valuation: $12B (last reported)
ARR: $350M
Customers: 40%+ of Fortune 100
Category: Cloud Security (CNAPP)

Last updated: May 15, 2026. Wiz is a late-stage private company profiled as a category benchmark.