“To end cyber risk by providing comprehensive security operations and services that protect organizations from cyber threats.”

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Founded in 2012, Arctic Wolf is a cybersecurity company that specializes in providing security operations as a concierge service. The company was established to address the increasing complexity and frequency of cyber threats faced by organizations. Arctic Wolf offers a range of services, including Managed Detection and Response (MDR), Managed Risk, Managed Security Awareness, and Incident Response. These services are delivered through a unique Concierge Delivery Model, which integrates highly-trained security experts as an extension of internal teams to provide 24x7 monitoring, detection, and response.

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Business Model

Arctic Wolf operates on a service-based business model, offering cybersecurity solutions through a subscription model. The company provides its services via the Arctic Wolf Platform, which processes trillions of security events weekly using machine learning and custom detection rules. Arctic Wolf's Concierge Delivery Model ensures personalized protection and continuous improvement of security postures for its clients, reducing the need for extensive in-house security resources.

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Targeted Impact

Arctic Wolf aims to eliminate cyber risk, providing organizations with robust security operations that protect against evolving threats.

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Who Will benefit?

Organizations across various industries, including those with limited in-house security resources, will benefit from Arctic Wolf's comprehensive cybersecurity services.

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What Comes Next?

Arctic Wolf plans to continue expanding its service offerings and enhancing its platform to address the growing and evolving cybersecurity landscape.

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Arctic Wolf Growth Timeline

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Prominent News

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Arctic Wolf Expands Cyber JumpStart Portal Program to Help Business Leaders Fast-track Their Security Journey and Improve Insurability at No Cost,  August 05, 2024 - Arctic Wolf, a global leader in security operations, announced the  availability of the Arctic Wolf Cyber JumpStart™ Portal for free. The Cyber JumpStart Portal equips businesses to evaluate and strengthen their cybersecurity stance. Click here to read more.‍

New Ransomware Exploits Compromised VPNs to Target US Education and Recreation Sectors, June 7, 2024 - In early may Arctic Wolf Incident Response team investigated a new ransomware corporation called "Fog" which targeted organizations in the U.S.'s education and recreation sectors. Threat actors leveraged compromised VPN credentials to access victim environments.  Click here to read more.‍

‍Arctic Wolf Recognized as a 2023 CDW Partner of the Year, November 20, 2023 - Arctic Wolf, a top player in global security operations, has been recognized as a 2023 CDW Partner of the Year. This prestigious award, presented at CDW's annual Partner Summit in Las Vegas, highlights Arctic Wolf's commitment to customer-centric solutions and exceptional support for CDW and its clients. Click here to read more.‍

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Revenue

Based on 2023 revenue figures (source: Sacra), Arctic Wolf currently trades around a 10.11x revenue multiple.
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Return on Investment (ROI)

ROI computed as of August 26, 2024.

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Funding Round in USD

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Series F Valuation

<span class="date">2021-07-07</span>
<span class="value">$4.3B</span>

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Implied Valuation

<span class="date">2024-08-26</span>
<span class="value">$4.43B</span>

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Change Since Last Round

<span class="date">2021-07-07 → 2024-08-26</span>

<span class="value green">+3.02%</span>

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Monthly Bid:Ask Volume Ratio

PM Insights highlights the monthly bid:ask volume ratio where there were at least three institutionally-sized broker contributions within that period. PM Insights did not observe activity for Arctic Wolf before February 2022.

February of 2023 had the lowest volume at $2.36M. Whereas August of 2024 had the highest volume at $262.7M.

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90D Activity

Activity at each date is the total unique broker contributions within the last 90 days of that date. Arctic Wolf’s secondary market activity is trending upward after a steep decline in May of 2024. There were 24 unique broker contributions between May 29, 2024, and August 26, 2024.

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Mean Bid and Ask Spread

Bid and ask spread is computed as the spread between ask and bid relative to ask within a period. Arctic Wolf’s bid and ask spread was highest in Q1 of 2023 at 46%, and lowest in Q3 of 2022 at 7%.

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