ZeroFox
- 🦄Became a unicorn2022
- 📈Peak valuation$1.4 Billion ’22
- 💔Became a Unitard2022
- 💸Last valuation~$350M
How it happened
ZeroFox is a US cybersecurity company specializing in external threat intelligence and digital-risk protection — monitoring social media and the dark web for threats to brands and executives. It went public on the Nasdaq in August 2022 via a SPAC merger valued at about $1.4B; the stock quickly fell below $1, and in May 2024 private-equity firm Haveli Investments took it private at roughly $350M, about a quarter of its debut valuation. Employee reviews tracked the slide from inside — staff described morale and culture sliding after the private-equity takeover, with abrupt layoff waves within weeks, perks trimmed, and roles migrating offshore as the new owners cut costs.
Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.
Source: SecurityWeek / GlobeNewswire / Wikipedia (external-cybersecurity/threat-intelligence firm backed by NEA, Highland Capital and Silver Lake Waterman; went public via a ~$1.4B SPAC merger in Aug 2022; the stock slid below $1, and PE firm Haveli Investments took it private in May 2024 at ~$350M / $1.14 per share)
