Who Owns CyberArk Company?

CyberArk Bundle

Get Full Bundle:

	5 FORCES	$15	$10
	BCG	$15	$10
	CANVAS	$15	$10
	4P's MIX	$15	$10
	PESTLE	$15	$10
	SWOT	$15	$10

TOTAL:

ADD TO CART

Who Owns CyberArk?

Understanding CyberArk's ownership is key to grasping its strategic direction. Its 2014 IPO marked a significant shift, transforming it into a global cybersecurity leader.

Founded in 1999, CyberArk pioneered privileged access management solutions. Today, it's a publicly traded entity on NASDAQ (CYBR), serving over 9,000 customers worldwide.

As of July 2025, CyberArk's market capitalization stands at approximately $18.9 billion. In 2024, the company reported $1.001 billion in total revenue, a 33% increase year-over-year, with Q1 2025 ARR reaching $1.215 billion. This growth highlights its strong market position, offering solutions like CyberArk Porter's Five Forces Analysis to secure high-value business data.

CyberArk Software Ltd. was established in 1999 in Israel, with Alon N. Cohen and Udi Mokady as its co-founders. Cohen, the initial CEO and chairman, developed the Network Vault technology, a core component of CyberArk's cybersecurity solutions. Mokady, who later served as CEO for many years, has been pivotal in positioning the company as a leader in identity security.

Founding Vision

The founders identified a critical vulnerability in cybersecurity concerning privileged accounts. They recognized these accounts as high-value targets for cyber attackers, driving the development of specialized security solutions.

Founders' Roles

Alon N. Cohen served as the first CEO and chairman, contributing foundational technology. Udi Mokady took over as CEO, guiding the company's growth and market leadership in identity security.

Early Investment Landscape

CyberArk's early development was supported by venture capital. Key early investors included Jerusalem Venture Partners (JVP) and Goldman Sachs.

Funding Milestones

Before its initial public offering (IPO), CyberArk secured a total of $59 million across five funding rounds. A significant Series C round in December 2011 raised $40 million.

Early Stake Acquisition

In December 2011, prominent investors like Goldman Sachs and JVP acquired stakes in the company. This occurred through transactions with Alon Cohen and other early stakeholders.

Founders' Initial Ownership

While specific initial equity distributions are not publicly disclosed, it is standard practice for tech startup founders to retain significant ownership. This allows them to influence the company's strategic direction.

The initial focus of the founding team was to address the critical gap in cybersecurity related to privileged accounts, recognizing them as prime targets for cyber attackers. This foundational understanding shaped the company's product development and market strategy, aiming to secure these high-risk access points. Understanding the Target Market of CyberArk is key to appreciating the company's early strategic decisions.

Key Early Ownership Aspects

CyberArk's early ownership structure was primarily shaped by its founders and early venture capital investors. This period laid the groundwork for its future growth and public offering.

• Founders Alon N. Cohen and Udi Mokady established the company in 1999.
• Early funding rounds involved significant participation from venture capital firms.
• Notable early investors included Jerusalem Venture Partners and Goldman Sachs.
• A $40 million Series C funding round in December 2011 was a key milestone.
• Founders typically hold substantial initial equity stakes in tech startups.

CyberArk SWOT Analysis

• Complete SWOT Breakdown
• Fully Customizable
• Editable in Excel & Word
• Professional Formatting
• Investor-Ready Format

GET TEMPLATE ➔

CyberArk's ownership structure saw a significant shift with its Initial Public Offering (IPO) on September 24, 2014. This event marked its transition to a publicly traded entity on the NASDAQ Global Select Market under the ticker symbol 'CYBR'. The IPO successfully raised $85.8 million, with an initial market valuation of $473 million.

Since its IPO, institutional investors have become the primary stakeholders in CyberArk, wielding considerable influence through their substantial shareholdings. As of March 30, 2025, these institutional investors collectively held approximately 97.46% of the company's outstanding shares. This significant institutional ownership underscores the company's growth and its integration into the public market, subject to rigorous regulatory oversight and reporting standards.

Key Institutional Shareholders

A diverse group of institutional investors holds significant stakes in CyberArk, reflecting broad market confidence in the company's trajectory.

• BlackRock, Inc.
• Fmr Llc
• Jennison Associates Llc
• Thoma Bravo, Llc
• Invesco Ltd.
• First Trust Advisors Lp
• Price T Rowe Associates Inc /md/
• Wellington Management Group Llp
• Voya Investment Management Llc

As of March 31, 2025, notable institutional holdings included BlackRock, Inc. with 3,860,281 shares and Fmr Llc with 1,450,958 shares. The company's market capitalization has experienced robust growth, reaching approximately $18.9 billion by July 2025, and previously surpassing $20 billion in February 2025. This evolution highlights CyberArk's successful transition to a publicly traded entity and the increasing influence of its institutional investors on its corporate strategy and direction. Understanding the Mission, Vision & Core Values of CyberArk can provide further context to the company's strategic decisions driven by its shareholder base.

CyberArk PESTLE Analysis

• Covers All 6 PESTLE Categories
• No Research Needed – Save Hours of Work
• Built by Experts, Trusted by Consultants
• Instant Download, Ready to Use
• 100% Editable, Fully Customizable

GET TEMPLATE ➔

As of early 2025, CyberArk's strategic direction is overseen by a board of directors comprising experienced industry professionals and independent members. Udi Mokady, a co-founder, holds the position of Executive Chairman, playing a significant role in the company's strategic decisions. Matt Cohen serves as the Chief Executive Officer.

CyberArk operates on a standard one-share-one-vote principle, ensuring that each share of common stock typically grants one vote. This structure promotes fairness in voting power among its shareholders. There are no reported instances of special voting rights, golden shares, or founder shares that grant disproportionate control to any specific individual or entity. While there haven't been significant public reports of recent proxy battles or activist investor campaigns, substantial institutional investors such as BlackRock and Vanguard collectively possess considerable voting power. This influence can impact key corporate decisions, including the election of board members and executive compensation. The current board composition and the company's transparent voting framework are integral to its decision-making processes and accountability to its diverse shareholder base. Understanding the Marketing Strategy of CyberArk can also provide context on how the company engages with its stakeholders.

Understanding CyberArk's Shareholder Influence

Institutional investors hold significant sway in CyberArk's corporate governance. Their collective voting power is a key factor in major company decisions.

• One-share-one-vote structure ensures equitable voting rights.
• No special voting rights are known to exist.
• Major institutional investors like BlackRock and Vanguard have substantial voting power.
• Board elections and executive compensation are influenced by shareholder votes.

CyberArk Business Model Canvas

• Complete 9-Block Business Model Canvas
• Effortlessly Communicate Your Business Strategy
• Investor-Ready BMC Format
• 100% Editable and Customizable
• Clear and Structured Layout

GET TEMPLATE ➔

Over the last few years, CyberArk's ownership landscape has seen significant shifts, driven by strategic acquisitions and a notable evolution in its business model. These changes reflect the company's efforts to broaden its market reach and enhance its identity security capabilities.

CyberArk has strategically expanded its operations through key acquisitions, notably the purchase of Venafi in May 2024 for approximately $1.54 billion, which bolstered its machine identity management services. This was followed by the acquisition of Zilla Security in February 2025 for $165 million, integrating modern Identity Governance and Administration (IGA) capabilities into its platform. These moves aim to solidify CyberArk's market standing and increase its total addressable market to an estimated $80 billion. The company has also seen a leadership transition, with co-founder Udi Mokady moving to Executive Chairman in April 2023, and Matt Cohen taking over as CEO. This period has also seen a strong embrace of a subscription-based revenue model, with subscription revenue reaching $770.1 million in 2024, marking a 31% year-over-year increase. CyberArk anticipates its full-year 2025 revenue to fall between $1.308 billion and $1.318 billion, indicating sustained growth. The company continues to prioritize innovation, particularly in securing AI agents and machine identities, aligning with emerging cybersecurity needs. There are no current public announcements regarding potential privatization or further major leadership succession plans beyond the recent CEO change.

Strategic Acquisitions

CyberArk's recent acquisitions of Venafi and Zilla Security significantly expand its identity security offerings and market reach.

Revenue Model Shift

The company's successful transition to a subscription-based model is driving substantial revenue growth, as seen in its 2024 performance.

Leadership Evolution

A leadership change, with Matt Cohen assuming the CEO role, supports the company's ongoing strategic initiatives and future direction.

Market Expansion and Innovation

CyberArk is actively increasing its total addressable market and investing in new areas like AI agent security, demonstrating a commitment to future growth and Growth Strategy of CyberArk.

CyberArk Porter's Five Forces Analysis

• Covers All 5 Competitive Forces in Detail
• Structured for Consultants, Students, and Founders
• 100% Editable in Microsoft Word & Excel
• Instant Digital Download – Use Immediately
• Compatible with Mac & PC – Fully Unlocked

GET TEMPLATE ➔