Explore potential ways to participate in the Tanium IPO before the stock begins trading. Get access to select pre-IPO companies at Equitybee.
Recent Tanium IPO News
02/01/2023: Tanium Appoints Dan Streetman as CEO
01/28/2021: Tanium Announces $150 Million Funding Investment
06/25/2020: Salesforce and Tanium Announce Partnership
10/02/2018: Tanium Secures $200 Million: Valuation to $6.5 B
What is Tanium?
Tanium is a cybersecurity company integrating IT, security, risk, and compliance into a single platform to protect enterprise information systems and infrastructure.
The company boasts 70% of the Fortune 100 and five branches of the U.S. military forces as customers.
Its solution offerings include asset discovery and inventory, risk and compliance management, threat hunting, client management, and sensitive data monitoring.
Founded in 2007 by father and son team Orion and David Hindawi, former found of BigFix, which IBM acquired in 2010. David served as the original CEO, with Orion taking over in 2016.
In February 2023, Orion became Executive Chairman of the Board, making way for Dan Streetman to take over as CEO. Streetman was the former CEO of Allvue Systems and TIBCO Software.
Founded in Emeryville, California, Tanium moved its headquarters to Kirkland, Washington, in December 2020.
Here’s a brief video overview of the Converged Endpoint Platform, its cloud security product suite:
Is Tanium Stock Publicly Traded?
No. Tanium is a private company.
Who Owns Tanium?
Tanium is a venture-backed private company. Shareowners include the founders, employees, and several venture capital firms.
The company has raised more than $1.1 billion in private funding since its 2007 founding.
Prominent venture capital investors include Andreessen Horowitz, Baillie Gifford, Bullpen Capital, Citi Ventures, EP Executive Press, Fidelity, Friedman Family Trust, Geodesic Capital, Institutional Venture Partners, Salesforce Ventures, T. Rowe Price, TPG Capital, and the Ontario Teachers’ Pension Plan Board.
Tanium Valuation
The latest confirmed post-money Tanium valuation is estimated at $9 billion.
However, that number is a few years old. Pre-IPO private transactions have valued the company at around $7 billion.
When is the Tanium IPO Date?
The Tanium IPO date is currently unknown.
The company has hired multiple executives with IPO experience, and IPO chatter has been active off and on since at least 2016.
But leadership has yet to indicate a forthcoming IPO.
CEO Orion Hindawi told IT news website CRN in 2017: “I think our path is to go public”, but the public has heard little since.
A report by Business Insider said employees left the company in 2021 due to IPO and business model uncertainty.
Considering its valuation and broad venture capital investor base, Tanium could be a potential IPO candidate or acquisition target in 2023 or 2024. However, we’ve seen no indications of such activity.
Watch for news of hiring an investment bank or a confidential Tanium IPO filing with the SEC to verify IPO intent.
A fresh funding round or remaining private could also be near-term outcomes.
Bookmark this page for the latest developments.
What is the Tanium Stock Symbol? Tanium Ticker?
There is no Tanium stock symbol yet because it is a private company.
Here are a few Tanium ticker suggestions that appear to be available in the U.S.:
- TANM
- TNM
- TANI
What is the Tanium Stock Price?
A public Tanium stock price does not exist because the company is private.
Recent data from a pre-IPO marketplace indicates a private share exchange at an implied share price of $7 per share and an implied $7 billion valuation.
Can You Access Tanium Shares via Pre-IPO Marketplaces?
Yes.
The author has seen clear evidence of Tanium stock availability on multiple prominent pre-IPO investing platforms. A recent offering on a well-known pre-IPO investing platform offered Tanium shares at a discount from the latest confirmed valuation.
Additional shares may become available if early investors or employees want to cash out before the IPO. This may become more likely if the company raises another round of private equity capital or if market uncertainty reduces IPO deal flow.
The SEC requires pre-IPO investors to be accredited, meaning a net worth above $1 million (not including primary residence) or an income above $200,000 (or $300,000 with a spouse).
Check out our list of top pre-IPO investing platforms for current share availability.
How to Invest in Tanium Stock
Since Tanium is a private company, it is still challenging to buy equity ownership today.
However, you can take action to improve your chances of early equity ownership or acquire shares in the IPO.
Only consider investing if you’ve determined that IPOs are a good investment for your specific savings objectives.
Accredited investors may have an easier time via pre-IPO investing platforms.
1. Access Tanium Stock via Pre-IPO investing platforms
The author has seen clear evidence of Tanium stock availability on multiple pre-IPO platforms.
Investors can monitor pre-IPO investing platforms such as Equitybee, EquityZen, Forge Global, and Linqto for share availability.
Accredited investors should expect to pay a minimum of $10,000 to participate in a share exchange. Signing up for online access to pre-IPO data and deal alerts is free.
Pre-IPO investing platforms empower users to indicate interest in companies they wish to invest in.
Investment opportunities are available via diversified venture capital funds or direct investments.
Non-accredited retail investors can bypass the accreditation requirement by owning venture capital funds such as:
- The Fundrise Innovation Fund, or
- The ARK Venture Fund at Titan Invest
However, you cannot select individual pre-IPO companies, and Tanium is not in either portfolio.
Please note: This is a testimonial in partnership with Fundrise. We earn a commission from partner links on AccessIPOs.com. All opinions are my own.
2. Buy stock during Tanium IPO through a participating broker
Tanium conducted a private funding round in early 2021 and is producing significant revenue. It may have sufficient ongoing funding for ongoing operations.
But multiple prominent venture capital firms have invested in Tanium and may expect an exit in the coming years, either by an IPO or acquisition.
IPO investors may find opportunities to invest during the IPO when it arrives, acquiring shares at the IPO price the night before the company begins trading.
Once reserved for Wall Street’s wealthiest customers, IPO access has become more attainable to retail investors in the past few years.
The following online brokers give customers free access to IPOs, even with low account balances:
Brokers sometimes negotiate exclusive IPO share allocations for retail investors.
Access to specific high-demand IPOs may be limited by which brokerage accounts you have and what broker gets exclusive access.
TradeStation has a longer track record of accessing more than 200 IPOs and secondary offerings via its partnership with ClickIPO.
But Robinhood and SoFi Invest have the advantage of Silicon Valley networks and a history of getting allocations for high-profile IPOs.
Read the S-1 filings to find mentions of these online brokers to find opportunities.
Check out this list of best brokers for IPO investing to learn more about IPO access for retail investors.
3. Buy the stock after the Tanium IPO
Waiting for the IPO requires patience. But there are advantages to waiting for the stock to become publicly traded before owning it.
The IPO allows investors to review financials. Pre-IPO startups have limited financials available.
IPO stock prices typically rise with high-demand companies. You can benefit if you’re in early and sell when the price overheats.
Many IPOs start with an immediate price increase (“the pop”). Then the stock falls once quarterly earnings reports become available.
Stock price declines after IPOs can be excellent entry points.
Avoid buying overvalued shares immediately after the IPO. Shares often fall after the IPO due to lockup expirations and quarterly earnings disappointments.
However, the most disruptive companies will be higher in a decade. Patience pays.
Buy post-IPO stocks with any online broker. My favorite is M1 Finance, which is the best for long-term buy-and-hold investors.
M1 Finance does not provide IPO access.
Where can I find the Tanium IPO S-1 Filing?
Tanium has not released an S-1 filing to the public. There is no evidence of a confidential S-1 filing to the SEC yet.
News of a confidential or public S-1 filing would kick off the IPO process, suggesting the IPO could occur during the following two to six months.
When the company releases the S-1 filing to investors, we’ll link to and embed the document on this web page.
In the meantime, you can check out the most recent S-1 filings in our S-1 filings feed.
Conclusion
Investors become interested in buying companies riding extraordinary macroeconomic trends (cybersecurity, cloud).
However, buying ownership in Tanium before an IPO may prove difficult for retail investors, especially non-accredited ones.
Pre-IPO investing platforms have opened more opportunities for retail investors, and there is clear evidence of Tanium shares being available on multiple platforms.
But private equity investing is still mostly reserved for accredited investors.
Investors will likely find it challenging to acquire shares before an IPO.
But if you are inclined to pursue Tanium IPO shares, maintain reasonable expectations. Share may not be accessible.
Good luck if you wish to participate in the Tanium IPO. Invest in pre-IPO and IPO companies at your own risk.
Read may also be interested in the Netskope IPO.
* Disclosure: The web page contains affiliate links from our partners. If a reader opens an account or buys a service from a link in this article, we may be compensated at no additional cost to the reader. Opening an account with a broker that provides access to IPOs does not guarantee the customer allocations of specific IPOs. The author is long HOOD, ARK Titan Venture Fund, and the Fundrise Innovation Fund.
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