Low confidence

    Material Security revenue is an estimated $8.9M in annual recurring revenue.

    RSVP to Material’s live screenings of retro hacker films in a city near you! This page estimates Material Security's revenue, customers, growth, and unit economics from public traffic and pricing data — an estimated ~$9M ARR for the Series B security company, based in Redwood City, CA.

    Stage
    Series B
    Founded
    HQ
    Redwood City, CA
    Funding raised
    $155M
    Annual recurring revenueModeled estimate
    ~$8.9M
    Range $3.6M$14.3M
    $3.6M low$14.3M high
    Est. MRR
    ~$744K
    Modeled from public signals
    Revenue & growth

    Where Material Security's ~$744K of monthly revenue moves

    Modeled monthly-recurring-revenue movement — the new, expansion and reactivation revenue added against the contraction and churn lost.

    MRR movementlast full month
    New+$53K
    Expansion+$14K
    Reactivation+$2K
    Contraction-$3K
    Churned-$7K
    Net new+$60K
    Net new MRR
    +$60K

    Added revenue is running ahead of what's lost.

    Quick ratiohealthy > 4.0
    7.3

    Every $1 lost is offset by ~$7.3 gained.

    Web trafficgrowing
    19K+/mo
    Organic28%
    Direct27%
    Referral29%
    Paid0%
    Social9%
    Conversion funnel
    Visitor → signup
    benchmark 2%
    2%
    Visitor → paid
    benchmark 0.2%
    0.3%
    Traffic quality
    1.7%
    from AI assistants & answer engines
    55%
    organic / non-paid demand

    Source: SimilarWeb, Q2 2026

    What you can do with Material Security's estimate

    See it on your data

    Run this analysis on Material Security's real Stripe

    This page is modeled from public signals. Connect Stripe, read-only, and every figure becomes exact — with the actual account names behind each finding.

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    Under the hood

    How we estimate this — and what we don't claim

    Public signals, published peer benchmarks, a fitted model, and an honest range with a confidence tier. Reported figures override the model as Verified.

    Metrics vs. benchmark

    How Material Security compares to same-stage SaaS peers

    Each estimated metric is placed at its percentile against same-stage peers. The dot is Material Security; the tick is the peer median.

    Customer churnP67 · top 33%
    2.2%
    peer median3%

    Low churn for its stage — customers stick.

    Gross MRR churnP67 · top 33%
    0.9%
    peer median1.2%

    Little revenue lost to downgrades and cancels.

    Net MRR churnP92 · top 8%
    -0.6%
    peer median0.3%

    Expansion outweighs losses — negative net churn.

    Gross revenue retentionP48
    86.2%
    peer median89%

    Retains revenue near the peer median.

    Net revenue retentionP51 · top 49%
    107.3%
    peer median106%

    Roughly flat net retention within the base.

    MoM growthP95 · top 5%
    8%
    peer median4%

    Growing faster than the typical SaaS company.

    Customers & unit economics

    Roughly 20K+ accounts, 20K+ of them paying

    Total accounts
    20K+
    free + paying, estimated
    Paying customers
    20K+
    at ~$37/mo each
    Blended ARPU
    $37
    per paying account / mo
    Customer LTV
    $2K
    lifetime value, modeled
    Processing fees
    2.9%
    ~$22K/mo on payments
    Net cash flow
    $723K
    MRR less processing, /mo
    Est. ARR / customer
    $442
    annual revenue per account
    Pricing & plan mix

    Material Security's published pricing

    Essentials
    $4/user/mo
    est. of customers57%
    Cloud office security and threat detection
    Advanced
    $6/user/mo
    est. of customers31%
    Data governance and anomaly detection
    ATO Resilience
    $3/user/mo add-on
    est. of customers12%
    Account takeover protection
    Enterprise
    Custom
    Volume discounts available
    Business health

    How healthy is Material Security's business?

    76/ 100
    Healthy

    Strong across most dimensions — a healthy, compounding SaaS profile.

    MoM 8.0%Strong86
    NRR 107%Strong78
    Quick ratio 7.3Strong84
    CLV $1.6KWeak49
    What the agents would find

    North Metric's agents found an estimated
    $26K/mo in opportunities for Material Security

    And that's from public signals alone. Connect Stripe and every finding below carries the actual account names.

    Protect$7K
    Churn Radar$5K/mo
    Accounts with declining usage
    Usage-decline cohort flagged from engagement signals.
    Whale Alert$2K/mo
    Revenue concentration in top accounts
    Top accounts represent an outsized share of MRR.
    Recover$3K
    Payment Recovery$2K/mo
    Failed charges in retry window
    ~5.5% of charges fail; smart-retry addressable.
    Win-Back Engine$1K/mo
    Recently churned, high re-engage odds
    Recent churned logos with strong prior engagement.
    Expand$16K
    Upgrade Finder$9K/mo
    Power users on lower tiers
    Feature usage exceeds current plan limits.
    Trial Closer$5K/mo
    Engaged trials nearing decision
    High-activation trials in the conversion window.
    Pricing Power$2K/mo
    ASP trails ARPU
    In-app upgrade prompts could lift realized price.
    Protect. Recover. Expand. your revenue.

    If we can find this from the outside, imagine what we'd find in your Stripe.

    Connect once, read-only. Your first nightly report — priced in dollars, with customer names — lands in the morning.

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    Same category

    Revenue estimates for Material Security's competitors

    How much does Material Security make? Common questions

    How much revenue does Material Security make?

    We estimate Material Security generates about $8.9M in annual recurring revenue, most likely between $3.6M and $14.3M (low confidence). Material Security is private and doesn't disclose financials, so this is a model estimate from public traffic, demand, and pricing data.

    What is Material Security's ARR?

    Our estimate puts Material Security's ARR near $8.9M (~$744K/mo MRR).

    How many customers does Material Security have?

    We estimate roughly 20K+ paying customers, based on estimated revenue of $8.9M at about $37/mo per account.

    Is Material Security growing?

    Material Security's web traffic is currently growing, and we estimate revenue growth around 8% per month with net revenue retention near 107.3%.

    How much does Material Security cost?

    Material Security offers 4 plans (per-seat pricing), starting from the lowest listed tier.

    Is Material Security public or private?

    Material Security is a private, series b company founded in 2017, based in Redwood City, CA. It has raised $155M.

    How accurate is this estimate?

    We validate our model on companies whose revenue is public: it lands within 2× of the real figure about 70% of the time, and within 3× about 90%. See our full methodology.

    How we estimate this — and what we don't claim

    01
    Public signals

    Web traffic, traffic mix, brand-search demand and published pricing — the signals anyone can see.

    02
    Peer benchmarks

    Published SaaS conversion, churn and retention rates — looked up, not invented.

    03
    Fitted model

    A demand model trained on companies whose revenue is public, reconciled with the traffic funnel.

    04
    Honest accuracy

    Validated blind: ~70% of estimates land within 2× of the reported figure, ~90% within 3×.

    Every figure is a model output with a stated range and confidence — never a claim of Material Security's actual books. Where a company publishes or a credible outlet reports a real number, we mark it Verified and lean on it. Read the full methodology. Last updated 2026-07-12.

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