Tanium IPO: Will Tanium Stock Begin Trading Next Year?
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Explore ways to acquire shares in Tanium stock before and during the IPO. IPO CLUB has launched AMERICA 2030, a $50M secondary growth fund targeting U.S. defense, energy, security, and AI innovation.
Table of Contents
Recent Tanium News
04/01/2024: Tanium and Microsoft Copilot for Security Team Up
02/01/2023: Tanium Appoints Dan Streetman as CEO
09/27/2021: Tanium is facing a exodus over IPO uncertainty
01/28/2021: Tanium Announces $150 Million Funding Investment
Older news….
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. Other cybersecurity startups on our radar include Snyk, Wiz, rival Cohesity, and cloud-native SaaS company Netskope.
Here’s a brief video overview of the Converged Endpoint Platform, its cloud security product suite:
Is Tanium 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.
What is Tanium’s Valuation?
The latest confirmed post-money Tanium valuation is estimated at $9 billion.
However, that number is a few years old. Pre-IPO private transaction data on the Hiive marketplace suggest the company’s valuation is down by at least half since its Series G may 2021 funding round at $9 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 in the next twelve months, especially after the success of the Rubrik IPO.
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?
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.
Private stock price information is becoming more available and reliable based on pre-IPO marketplace data and other sources.
However, the stock price is only the value of one share. Like public companies, the underlying valuation metrics, revenue, profitability, and market sentiment toward private companies are more significant factors than the share price.
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 Hiive, Forge Global, IPO Club, EquityZen, 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,
However, you cannot select individual pre-IPO companies, and Tanium is not in the portfolio at this time.
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.
Check out our list of top pre-IPO investing platforms for current share availability.
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 360 IPOs and secondary offerings via its partnership with ClickIPO.
But Robinhood has 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.
Best of all, it provides IPO access to all U.S.-based customers for free.
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.
Tanium News Archive
06/25/2020: Salesforce and Tanium Announce Partnership
10/02/2018: Tanium Secures $200 Million: Valuation to $6.5 B
03/20/2017: Tanium COO-CFO Leaves Company Suddenly, Despite IPO Plans On Horizon
Conclusion
Investors become interested in buying companies riding extraordinary macroeconomic trends (cybersecurity, cloud). Tanium does not offer physical security products.
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 venture capital investing is still mostly reserved for accredited investors.
Investors will likely find it challenging to acquire shares before an IPO.
If you are inclined to pursue Tanium IPO shares, maintain reasonable expectations. Share may not be accessible or you may need to be accredited to be eligible to invest.
Good luck if you wish to participate in the Tanium IPO. Invest in pre-IPO and IPO companies at your own risk.
Craig Stephens is a former IT professional who left his 19-year consulting career at the IRS to be a full-time finance writer. He started Access IPOs in 2016 to provide a resource for ordinary investors pursuing investment access to IPOs and pre-IPO startups. Craig studied Finance at Michigan State University and lives in Northern Virginia with his wife and three children. Learn more about Craig.
* This is a testimonial in partnership with Fundrise, Hiive, and other affiliate partners. We earn a commission from partner links on AccessIPOs.com. All opinions are my own. If you sign up with one of our partners through certain on this website, Access IPOs will be compensated at no additional cost to the reader. See the full disclosure here. Risk Statement: Investing in IPOs and pre-IPO startups involves significant risk. Do not invest in companies based solely on what is included in this article. Only invest in IPOs and pre-IPO companies with money you can afford to lose. Access IPOs is for informational purposes only. Mentions of specific investments should not be construed as financial advice. Conduct personalized research and consider consulting with an investment advisor before investing.
