Material Security Stock
| Valuation | $1.1B1 |
| Valuation Date | May 11, 2022 |
| Implied Valuation | n/a |
| Last Price | $1.90 |
| 52-Week High | $2.98 |
| 52-Week Low | $1.70 |
| YTD Return | -24.00% |
| 1-Year Return | -35.15% |
| 3-Year Return | -57.78% |
| Total Funding | $166M2 |
| Latest Round Amount | $100M2 |
| Latest Round | Series C |
| Funding Rounds | 3 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Material Security
Material Security is a cybersecurity company that protects the email, files and accounts inside Google Workspace and Microsoft 365. The platform connects to those suites through APIs instead of sitting in front of the mail flow, so it can detect and remediate phishing and business email compromise, find sensitive content already sitting in inboxes and shared drives, contain account takeovers and revoke risky third-party app and AI agent connections. Material makes money by selling the platform as an annual per-user subscription, priced by tier with account takeover protection sold as an add-on, and it is also available through the Google Cloud Marketplace. Three former Dropbox engineers started the company in 2017 in response to the 2016 election email hacks, and its customers include OpenAI, Figma, Mars and DoorDash.
Invest in Material Security
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News
Product Showcase: Material Unifies Google Workspace Email, File and OAuth Defense
Help Net Security profiled Material Security's cloud workspace platform in August 2026, highlighting unified email, file, account takeover, and OAuth governance for Google Workspace and Microsoft 365.
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What Is an Email Bomb? How Inbox Flooding Attacks Work and How to Stop Them
Material Security explains how email bomb attacks flood mailboxes to bury security alerts and describes the detections it ships to identify and clean up the campaigns.
See It, Close It: Agent Enhancements, New Detections, OAuth Risk Report, and More
Material Security's June product update covers enhancements to its OAuth Remediation Agent, new workspace threat detections and the release of its OAuth Risk Report.
The Access You Forgot You Granted: Material's OAuth Risk Report
Material Security published research based on more than 22,000 OAuth apps observed in customer environments, reporting widespread dormant tokens and AI tools connected to corporate workspaces without ...
Material's MCP Server: Cloud Workspace Security for AI Agents and Agentic Workflows
Material Security released an MCP server that lets AI agents query and act on its workspace security data, so triage and remediation can run through agentic workflows without custom integration work.
Fewer Entry Points, More Integration Points: A New Agent, Smarter Defaults, and a Rebuilt Integrations Experience
Material Security's April update includes a rebuilt integrations experience, proactive VIP risk recommendations and a default-on detection for a frequently exploited Google Calendar configuration.
The Legacy OAuth Detection Model Doesn't Survive AI Agents
After Vercel disclosed a breach that started with a compromised third-party AI tool's Google Workspace OAuth app, Material Security said it used the published indicators to hunt for the same exposure ...
Material Security Announces AI OAuth Threat Remediation to Shut Cloud Workspace Back Door
Material Security launched an OAuth Remediation Agent that autonomously discovers, analyzes, and revokes risky third-party OAuth connections across Google Workspace.
Material Security Announces AI OAuth Threat Remediation to Shut Cloud Workspace Back Door
Material Security launched its OAuth Remediation Agent to discover, classify, and revoke risky third-party app and AI agent connections across Google Workspace and Microsoft 365.
Material Security launches OAuth Remediation Agent for cloud workspaces
Material Security introduced an OAuth Remediation Agent that continuously discovers third-party apps and AI agents in Google Workspace and Microsoft 365, analyzes API behavior, and revokes risky or do...
Material Security Announces AI OAuth Threat Remediation to Shut Cloud Workspace Back Door
Material Security launched its OAuth Remediation Agent in April 2026 to help security teams identify and revoke risky third-party app and AI agent connections across Google Workspace and Microsoft 365...
Material Security Announces AI OAuth Threat Remediation to Shut Cloud Workspace Back Door
Material Security launched an OAuth Remediation Agent to help security teams identify and revoke risky third-party app connections across Google Workspace. The capability uses AI to reduce OAuth-drive...
Material Security Announces AI OAuth Threat Remediation to Shut Cloud Workspace Back Door
Material Security launched an OAuth Remediation Agent that discovers third-party app and AI agent connections in Google Workspace and Microsoft 365, scores their risk from actual behavior and revokes ...
Material Security Deepens Google Workspace Security Partnership
Material Security highlighted its status as a Google Cloud Premier Partner and its API-based integration with Google Workspace. The company offers marketplace purchasing and dedicated GCP deployment o...
Material Security Announces Strategic Partnership and Investment from Snowflake
Material Security announced a strategic partnership with Snowflake, which also invested in the company. The collaboration lets Material customers use Snowflake as a data platform for their security da...
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A Sharper Lens on Threats, A Clearer View of Risk: Material's Latest Updates
Material Security detailed detection and risk-reporting improvements across its email, file and account security products.
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Material Security Rolls Out Cloud Office Protection Updates Including Okta SSF Integration
Material's Q2 2025 release adds a unified threat overview dashboard, Okta SSF integration for automated identity response, and expanded phishing detection and triage capabilities.
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Material Security Integrates with Okta Identity Threat Protection via Shared Signals Framework
Material now sends real-time cloud workspace risk signals to Okta via SSF, enabling automated password resets, step-up MFA, and session termination when threats are detected.
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New in Material: Building the Future of Cloud Workspace Security
Material Security rebuilt its products into a single detection and response platform for the cloud workspace, replacing its former standalone Posture Management product.
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Classifying Chaos: How Material Automates User-Reported Phishing at Scale
Material Security described how its platform automatically classifies and responds to phishing messages reported by employees, cutting the manual triage load on security teams.
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New in Material: Unified Detections and Automated Responses
Material Security unified detections across email, files and accounts and added automated remediation workflows to its platform.
New in Material: Automated File Detection & Response for Google Drive
Material Security added automated detection and remediation for oversharing and sensitive content in Google Drive files.
Product Showcase: Introducing Data Protection for Google Drive
Material Security extended its data protection product from email to Google Drive, covering sensitive content discovery and sharing controls for files.
Material and Snowflake announce partnership, powering data-driven security for Office 365 and Google Workspace
Material Security announced a partnership with Snowflake and a strategic investment from Snowflake Ventures, letting joint customers stream Microsoft 365 and Google Workspace security data into the Sn...
Material Security Reaches $1.1 Billion Valuation for 'Zero Trust' Security on Microsoft and Google Email
Material Security raised $100 million in Series C funding led by Founders Fund at a $1.1 billion valuation, bringing total investment to $166 million.
Material Security Raises $40 Million Series B To Protect the World's Email From the Next SolarWinds Attack
Material Security raised a $40 million Series B led by solo capitalist Elad Gil with participation from Andreessen Horowitz, taking total funding to $62 million at the time.
New Email Security Startup Material Emerges From Stealth Mode
Material came out of stealth with $22 million in funding led by Andreessen Horowitz, backing from Dropbox CEO Drew Houston and early customers including Mars, Sonos and Cloudera.