Cyera, an AI and data security company, announced an employee tender offer led by Cyberstarts’ Employee Liquidity Fund, with participation from Evolution Equity Partners.
This initiative marks Cyera as the first company within the Cyberstarts portfolio to utilize the fund, with plans to make the program available annually. The tender offer is designed to provide eligible employees with predictable access to liquidity as part of Cyera’s long-term talent retention strategy.
“This is about recognizing our employees, investing in their success, and giving them the flexibility to share in what we’re building, all while staying focused on growing an enduring company in a critical industry,” stated Yotam Segev, Cyera Co-Founder and CEO.
Through the program, eligible Cyera employees can sell a portion of their vested shares, providing liquidity while maintaining their commitment to the company’s long-term growth. This approach aligns Cyera with a group of private companies adopting employee-focused equity models that balance short-term flexibility with sustained commitment, aiming to retain high-performing teams focused on enterprise-scale secure AI adoption.
Mr. Segev reiterated, “The most important thing at Cyera is our team. Great technology companies are created over many years by people who are deeply committed to the mission. This program is about recognizing our employees, investing in their lasting success, and giving them the flexibility to share in what we’re building, all while staying focused on growing an enduring company in a critical industry.”
The $300 million Employee Liquidity Fund was founded by Cyberstarts’ Gili Raanan. Its purpose is to support core cybersecurity talent across Cyberstarts’ portfolio companies by offering employees a practical method to participate in their company’s financial success without needing to depart. This fund, described as the first of its kind in the industry, aims to assist companies in retaining and motivating key contributors by providing annual, company-supported liquidation opportunities that align with long-term growth and execution.
“At Cyberstarts, we’ve always believed that nurturing and motivating talent from idea through execution is what creates enduring companies,” said Gili Raanan, Founder of Cyberstarts. “Cyera’s participation in this program reflects that belief in action, creating a thoughtful mechanism to reward employees for what they’ve built, while reinforcing their continued role in the company’s next phase of growth.”
Launched in July 2025, the Cyberstarts Employee Liquidity Fund allocates a dedicated portion to each eligible Cyberstarts-backed company, with Cyera being the inaugural portfolio company to leverage the fund.
Cyera, recognized as a global AI and data security company, focuses on enabling secure AI adoption at scale for enterprises. Its mission is to empower businesses to accelerate AI adoption by establishing a holistic security framework that encompasses data, access, and model integrity. The Cyera platform offers a unified control plane that identifies relationships among data, access, and behaviors involving humans, systems, AI tools, and agents. The company is valued at $9 billion and has secured over $1.7 billion in funding from investors including Accel, Blackstone, Coatue, Cyberstarts, Georgian, Greenoaks, Lightspeed, Redpoint, and Sequoia. It serves Fortune 1000 companies adopting AI.
Cyberstarts, established in 2018, concentrates on supporting cybersecurity founders from initial concept to execution. As a venture firm focused on cybersecurity entrepreneurs, Cyberstarts invests early, prior to product development, team formation, or code creation. The firm provides domain expertise and partnership, aiding founders with go-to-market strategies, team building, and access to a network of global CISOs. Cyberstarts has raised more than $1 billion across six funds, with its portfolio accounting for nearly 50% of the global market capitalization of private cybersecurity companies. Its portfolio includes companies such as Wiz, Fireblocks, Cyera, Island, and Transmit Security.
