Predict your next investment

Angel Investor (Individual)

See what CB Insights has to offer

Investments

12

Portfolio Exits

6

About Rakesh Loonkar

Rakesh Loonkar Headquarter Location

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Rakesh Loonkar News

Transmit Security Honored by Goldman Sachs for Entrepreneurship

Oct 14, 2021

Rakesh Loonkar, President and Co-Founder, Among 100 Most Intriguing Entrepreneurs at 2021 Builders + Innovators Summit October 14, 2021 12:33 PM Eastern Daylight Time BOSTON--( BUSINESS WIRE )-- Transmit Security , the Identity Experience™ company, today announced that Goldman Sachs (NYSE:GS) has recognized President and Co-Founder Rakesh Loonkar as one of the 100 Most Intriguing Entrepreneurs of 2021 at its Builders + Innovators Summit in Healdsburg, California. Goldman Sachs selected Loonkar as one of 100 entrepreneurs from multiple industries to be honored at the two-day event. Rakesh is the President and Co-Founder of Transmit Security where he leads and inspires the sales team, services, support and pre-sales engineering. As an active voice, pioneer and mentor in the cyber industry, Rakesh has personally invested in many promising cybersecurity startups, which have evolved into industry leaders such as Palo Alto Networks, Trusteer and ZScaler. Previously, Rakesh founded OneSecure (acquired by Juniper Networks) and co-founded Trusteer (acquired by IBM). “I am honored to be recognized by Goldman Sachs. This award is truly meant for the entire Transmit Security team who work tirelessly to provide our customers and the world with the best identity experiences possible by helping customers eliminate passwords. It is very gratifying to see a company like Goldman Sachs recognize our hard work,” said Rakesh Loonkar, President and Co-Founder of Transmit Security. “Innovation doesn’t happen just anywhere; it thrives where there’s a wide range of thoughts and perspectives,” said David M. Solomon, Chairman & CEO of Goldman Sachs. “One of our great strengths is our ability to bring together people from different walks of life and to spark conversations today that will lead to breakthroughs tomorrow. The leaders we’ve chosen to highlight at our Builders + Innovators Summit are truly remarkable, and we are pleased to recognize Rakesh Loonkar as one of this year’s most intriguing entrepreneurs.” In addition to honoring 100 entrepreneurs, the summit consists of general sessions and clinics led by seasoned entrepreneurs, academics and business leaders as well as resident scholars. About Transmit Security Transmit Security is on a mission to revolutionize the identity experience market. From onboarding to authentication to smart authorization for both customers and workforce across every channel, our technology reduces all forms of identity attrition and saves enterprises substantial costs. Around the world, large enterprises are standardizing on Transmit Security to introduce innovative digital identity journeys. Customers include six of the seven largest financial institutions in the U.S, two of the largest merchants in the U.S., and many financial organizations, merchants and online service providers in Europe, Asia and Latin America. For more information, please visit www.transmitsecurity.com . Contacts

Rakesh Loonkar Investments

12 Investments

Rakesh Loonkar has made 12 investments. Their latest investment was in Neosec as part of their Series A on September 9, 2021.

CBI Logo

Rakesh Loonkar Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/14/2021

Series A

Neosec

$20.7M

Yes

12

2/25/2021

Series A

Monument Bank

$39.33M

Yes

3

8/7/2018

Series B

RiskRecon

$25M

No

3

1/15/2017

Angel

Subscribe to see more

$99M

Subscribe to see more

10

11/15/2016

Angel

Subscribe to see more

Subscribe to see more

10

Date

9/14/2021

2/25/2021

8/7/2018

1/15/2017

11/15/2016

Round

Series A

Series A

Series B

Angel

Angel

Company

Neosec

Monument Bank

RiskRecon

Subscribe to see more

Subscribe to see more

Amount

$20.7M

$39.33M

$25M

$99M

New?

Yes

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

12

3

3

10

10

Rakesh Loonkar Portfolio Exits

6 Portfolio Exits

Rakesh Loonkar has 6 portfolio exits. Their latest portfolio exit was Preempt Security on September 23, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/23/2020

Acquired

$99M

CrowdStrike

6

12/23/2019

Acquired

Subscribe to see more

Subscribe to see more

10

10/19/2017

Acquired

Subscribe to see more

Subscribe to see more

10

9/7/2017

Acquired

Subscribe to see more

Subscribe to see more

10

7/6/2017

Acquired

Subscribe to see more

Subscribe to see more

10

Date

9/23/2020

12/23/2019

10/19/2017

9/7/2017

7/6/2017

Exit

Acquired

Acquired

Acquired

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

Acquirer

CrowdStrike

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

6

10

10

10

10

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.