---
title: "Verkada revenue and valuation"
description: "Verkada's ARR is estimated at $930M–$2.07B, last reported at $1B. Valued at $5.8B after raising $836M. Funding rounds and competitors."
url: https://www.tryspecter.com/revenue-valuation/verkada.md
canonical_url: https://www.tryspecter.com/revenue-valuation/verkada
publisher: Specter
last_updated: 2026-11-01
---

# Verkada revenue and valuation

Specter estimates Verkada's annual revenue at $930M to $2.07B and its valuation at $5.77B to $8.11B. The company last reported $1B ARR in December 2025 and was priced at $5.8B in December 2025.

Verkada provides an AI-powered cloud physical security platform.

- Estimated revenue: $930M to $2.07B (October 2026)
- Estimated valuation: $5.77B to $8.11B (October 2026)
- Last reported ARR: $1B (December 2025)
- Total funding: $836M
- Founded: 2016
- Headquarters: San Mateo, United States
- Employees: 3,162
- Sector: Security hardware
- Specter Rank: #421,886

## Verkada revenue

Verkada last reported $1B ARR in December 2025. Specter's model puts current ARR between $930M and $2.07B.

| Reported figure | Date | Source |
| --- | --- | --- |
| $1B ARR | December 2025 | [Security startup Verkada hits $5.8 billion valuation in latest funding round led by CapitalG](https://www.cnbc.com/2025/12/03/verkada-capitalg-valuation-security.html) (cnbc.com) |

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $1.39B | $930M | $2.07B |
| September 2026 | $1.76B | $1.24B | $2.5B |
| August 2026 | $1.22B | $930M | $1.6B |
| July 2026 | $1.2B | $890M | $1.64B |
| June 2026 | $1.19B | $890M | $1.58B |
| May 2026 | $1.15B | $880M | $1.51B |
| April 2026 | $990M | $820M | $1.2B |
| March 2026 | $1B | $820M | $1.22B |
| February 2026 | $1B | $820M | $1.22B |
| January 2026 | $990M | $820M | $1.2B |
| December 2025 | $1B | $830M | $1.2B |
| November 2025 | $1B | $770M | $1.29B |
| October 2025 | $1B | $780M | $1.28B |
| September 2025 | $1B | $800M | $1.26B |
| August 2025 | $1B | $770M | $1.29B |
| July 2025 | $1B | $780M | $1.29B |
| June 2025 | $1B | $820M | $1.23B |
| May 2025 | $1B | $810M | $1.23B |
| April 2025 | $1B | $820M | $1.23B |
| March 2025 | $1B | $810M | $1.23B |
| February 2025 | $1B | $820M | $1.22B |
| January 2025 | $1B | $820M | $1.22B |
| December 2024 | $1B | $830M | $1.2B |
| November 2024 | $440M | $290M | $590M |
| October 2024 | $440M | $280M | $590M |
| September 2024 | $500M | $340M | $660M |
| August 2024 | $530M | $290M | $770M |
| July 2024 | $540M | $300M | $780M |
| June 2024 | $560M | $350M | $770M |

## Verkada valuation

Verkada's valuation rose from $540M at its Series B in April 2019 to $5.8B at its venture round in December 2025. Specter's live estimate sits between $5.77B and $8.11B.

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $6.84B | $5.77B | $8.11B |
| September 2026 | $6.02B | $4.8B | $7.55B |
| August 2026 | $5.86B | $4.8B | $7.15B |
| July 2026 | $5.8B | $4.82B | $6.97B |
| June 2026 | $5.8B | $4.46B | $7.53B |
| May 2026 | $5.8B | $4.57B | $7.36B |
| April 2026 | $5.8B | $4.7B | $7.15B |
| March 2026 | $5.8B | $4.82B | $6.97B |
| February 2026 | $5.8B | $4.61B | $7.29B |
| January 2026 | $5.8B | $4.72B | $7.12B |
| December 2025 | $5.8B | $4.82B | $6.97B |
| November 2025 | $5.65B | $3.87B | $8.25B |
| October 2025 | $5.51B | $3.92B | $7.75B |
| September 2025 | $5.37B | $3.95B | $7.32B |
| August 2025 | $5.24B | $3.85B | $7.13B |
| July 2025 | $5.11B | $3.85B | $6.78B |
| June 2025 | $4.98B | $3.84B | $6.46B |
| May 2025 | $4.86B | $3.81B | $6.18B |
| April 2025 | $4.73B | $3.8B | $5.9B |
| March 2025 | $4.62B | $3.77B | $5.65B |
| February 2025 | $4.5B | $3.74B | $5.41B |
| January 2025 | $4.45B | $2.84B | $6.97B |
| December 2024 | $4.4B | $2.75B | $7.04B |
| November 2024 | $4.34B | $2.94B | $6.42B |
| October 2024 | $4.29B | $2.93B | $6.28B |
| September 2024 | $4.24B | $2.88B | $6.25B |
| August 2024 | $4.19B | $2.82B | $6.24B |
| July 2024 | $4.14B | $3.22B | $5.33B |
| June 2024 | $4.1B | $3.04B | $5.51B |

| Reported valuation | Month | Source |
| --- | --- | --- |
| $5.8B | July 2026 | [finance.yahoo.com](https://finance.yahoo.com/quote/VERK.PVT/) |
| $5.8B | March 2026 | [prnewswire.com](https://prnewswire.com/news-releases/verkada-launches-four-new-offices-in-the-us-market-and-a-new-international-hub-amid-record-sales-302724863.html) |
| $5.8B | December 2025 | Funding round |
| $4.5B | February 2025 | Funding round |
| $3.2B | September 2022 | Funding round |
| $1.6B | January 2020 | Funding round |
| $540M | April 2019 | Funding round |

## Verkada funding rounds

| Date | Round | Raised | Post-money | Lead investors |
| --- | --- | --- | --- | --- |
| 1 Jul 2026 | Corporate round | Undisclosed | Undisclosed | NVIDIA |
| 3 Dec 2025 | Venture round | $41.2M | $5.8B | CapitalG |
| 1 Sep 2025 | Debt financing | $150M | Undisclosed | Undisclosed |
| 19 Feb 2025 | Series E | $200M | $4.5B | General Catalyst |
| 9 Oct 2023 | Series D | $100M | Undisclosed | Alkeon Capital |
| 14 Sep 2022 | Series D | $205M | $3.2B | Linse Capital |
| 29 Jan 2020 | Series C | $80M | $1.6B | Felicis |
| 25 Apr 2019 | Series B | $40M | $540M | Sequoia Capital, Meritech Capital Partners |
| 11 Apr 2018 | Series A | $15M | Undisclosed | N47 |
| 21 Sep 2017 | Seed | $3.9M | Undisclosed | First Round Capital |
| 28 Oct 2016 | Debt financing | $400K | Undisclosed | Undisclosed |

## Verkada vs competitors

Physical security is shifting from fragmented legacy hardware to unified cloud-based management platforms.

| Company | Estimated revenue | Estimated valuation |
| --- | --- | --- |
| Verkada | $930M–$2.07B | $5.77B–$8.11B |
| Avigilon (avigilon.com) | $54M–$192M | No estimate |
| Genetec (genetec.com) | $290M–$680M | $390M–$1.69B |
| Eagle Eye Networks (een.com) | $20M–$94M | $138M–$720M |
| Turing AI (turingvideo.com) | $13M–$51M | $53M–$560M |

## Questions

### What is Verkada's revenue?

Specter estimates Verkada's annual recurring revenue at $930M to $2.07B as of October 2026. Verkada last reported $1B ARR in December 2025.

### What is Verkada's valuation?

Verkada's latest post-money valuation is $5.8B, from a December 2025 venture round. Specter's live estimate is $5.77B to $8.11B.

### What is Verkada's revenue multiple?

Verkada is valued at about 5.8× ARR, based on its $5.8B December 2025 valuation and $1B last reported ARR. That works out to roughly $316K of ARR per employee.

### How much funding has Verkada raised?

$836M across 11 rounds, from a $400K debt financing in October 2016 to a corporate round in July 2026.

### Who invested in Verkada?

27 investors, including Alkeon Capital, CapitalG, Felicis, General Catalyst, Linse Capital and NVIDIA.

### Who are Verkada's competitors?

Avigilon, Genetec, Eagle Eye Networks and Turing AI. Specter ranks 29 competitors for Verkada.

## About this data

Specter models revenue and valuation monthly and anchors each estimate to reported figures and priced rounds. Method: https://www.tryspecter.com/revenue-valuation

Cite as: Specter. "Verkada revenue and valuation." tryspecter.com/revenue-valuation/verkada. Updated November 2026.