Rubrik Stock: IPO History and Valuation

Cybersecurity
CEO Bipul Sinha Founded 2014 HQ Palo Alto, US

Rubrik is a cybersecurity company that provides a data security platform for cyber resilience, posture, and recovery. It helps organizations protect data, recover quickly from attacks, and support cloud adoption.

UpMarket does not offer Rubrik shares. This page covers Rubrik's history before it went public.

Status
Public
NYSE: RBRK, since Apr 2024
Last Private Valuation
Not confirmed
Not confirmed by two independent reputable sources

How to Review Rubrik's Pre-IPO History on UpMarket

Rubrik became a public company on April 25, 2024 and trades on NYSE as RBRK. UpMarket does not offer Rubrik shares. This page covers Rubrik's valuation and funding history before it went public.

Step 01

Check the listing details

Rubrik listed on NYSE under the ticker RBRK on April 25, 2024.

Step 02

Review the valuation history

See how Rubrik's private-market valuation changed across funding rounds before it went public.

Step 03

Review funding and revenue data

See reported funding rounds and revenue figures on this page, with their sources.

Step 04

Explore private companies

Accredited investors can review UpMarket's current pre-IPO offerings in companies that have not yet gone public.

Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.

${{aum_amount_brokered_en}}B+
UpMarket has brokered over ${{aum_amount_brokered_en}} billion in alternative investments*
*Includes principal invested and appreciation of investments originated via the UpMarket platform based on historical trade volume and valuation estimates through {{aum_as_of_date_en}}. Of the total, approximately ${{aum_amount_managed_en}} million is managed by UpMarket Management, with the remaining originated investments managed by affiliates. Past performance is not predictive of future results.

Valuation Growth Over Time

Post-money valuation by round
Previous rounds Most recent
DateRoundPPS (split-adj.)Valuation

Rubrik Revenue and Growth

Annual revenue

Why Investors Are Watching Rubrik

Growth Signal

Rubrik guides to $1.89B revenue by FY2028, 29% CAGR

Wall Street expects Rubrik to reach $1.89 billion in revenue by FY 2028, which implies a 29% CAGR over the next three years. The company also turned free cash flow positive, giving the growth story more financial support.

Competitive Moat

Rubrik Security Cloud drives 96% recurring subscription revenue

Rubrik generates revenue from its Rubrik Security Cloud platform, which bundles backup, recovery, security, and compliance features. Roughly 96% of revenue comes from recurring subscription fees, and customers typically sign annual or multi-year contracts.

Market Opportunity

Rubrik targets $50B cyber resilience TAM beyond backup

Rubrik’s traditional backup market is estimated at $10 billion and still growing. Its broader data security and cyber resilience total addressable market is cited at $50 billion, expanding the opportunity well beyond legacy backup.

Looking for companies that are still private? Browse UpMarket's pre-IPO company directory. Accredited investors only.

Browse the directory →

Rubrik Leadership Team

Bipul Sinha
CEO
Arvind Jain
Co-Founder
Kiran Choudary
CFO

UpMarket Investment Curation Process

  • Full diligence on every offering

    UpMarket curates and conducts independent diligence on every investment opportunity before it reaches the platform.

  • Strategy, fees & legal reviewed in full

    We review every offering's strategy, risk management, liquidity, fees, valuation methodology, tax matters, and all third-party providers: legal counsel, auditor, administrator, and custodian.

  • Disciplined managers only

    We offer investments exclusively from disciplined managers that pursue unique strategies across an array of asset classes.

  • Built around your objectives

    Our goal is to empower you to build a portfolio that best meets your individual investment objectives.

Ready to access institutional-grade private market investments? Unlock private markets

Rubrik Stock FAQ

Yes. Rubrik became a public company on April 25, 2024 and trades on NYSE under the ticker RBRK. UpMarket does not offer Rubrik shares.

Rubrik's share price is set on the public market under the ticker RBRK. The prices shown on this page are historical private-market prices from before it went public.

No. Rubrik is now a public company and UpMarket does not offer its shares. Accredited investors interested in companies that have not yet gone public can review UpMarket's current pre-IPO offerings.

Rubrik is now publicly traded, so its shares can be bought and sold on NYSE and their price can change significantly. Review Rubrik's public filings and consult a financial advisor before investing. UpMarket does not offer Rubrik shares.

In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.

Rubrik became a public company on April 25, 2024, so shares held before the listing can generally be sold on the public market once any lock-up period ends. The exact terms depend on how the shares are held, for example directly or through a fund.

UpMarket does not offer Rubrik shares. The minimum for most pre-IPO offerings on UpMarket is $50,000.

Rubrik's valuation is now set by its public share price on NYSE. The figures on this page show its valuation history before it went public.

Rubrik is a cybersecurity company that provides a data security platform for cyber resilience, posture, and recovery. It became a public company in Apr 2024. UpMarket does not offer its shares.

Explore pre-IPO companies Register