# Material Security: valuation, funding, and the secondary tape

## The short version

- New-money stake: 9.1%.

| instrument | value | as of | source |
|---|---|---|---|
| Claimed valuation | n/a |  | [source](https://material.security) |
| Napkin: new-money stake | 9.1% ($100.00M of $1.10B) | 2022-05-01 | [source](https://www.hiive.com/securities/material-security-stock) |
104 Clarity prints since 2026-06-24

## Recent milestones

- None dated on record.

[marks](https://data.somen.ai/marks) | [napkin](https://data.somen.ai/napkin) | [scorecard](https://data.somen.ai/scorecard) | [all companies](https://data.somen.ai/companies)

*Derived from the SOMEN graph at render time. The arithmetic cannot lobby you.*