OverviewSuggest Edit

Rapid7 is a company providing vulnerability risk management solutions. It offers Rapid Insight, a cloud platform that helps security teams reduce vulnerabilities, monitor for malicious behavior, investigate and shut down attacks, and automate routine tasks. The company also provides security and product consulting, training, certification, support, and managed services. Rapid7 serves energy, financial services, government, education, retail, and healthcare industries.

TypePublic
Founded2000
HQBoston, MA, US
Websiterapid7.com
Employee Ratings4.3
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)1,544(+24%)
Job Openings174
Revenue (FY, 2020)$411.5 M(+26%)
Share Price (Jun 2021)$88.9
Cybersecurity ratingBMore

Key People/Management at Rapid7

Corey E. Thomas

Corey E. Thomas

Chairman & Chief Executive Officer
Andrew Burton

Andrew Burton

President & Chief Operating Officer
Tas Giakouminakis

Tas Giakouminakis

Co-Founder & Chief Technology Officer
Christina Luconi

Christina Luconi

Chief People Officer
Peter Kaes

Peter Kaes

General Counsel & Secretary
Jeff Kalowski

Jeff Kalowski

Chief Financial Officer
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Rapid7 Office Locations

Rapid7 has offices in Boston, Arlington, Austin, El Segundo and in 9 other locations
Boston, MA, US (HQ)
120 Causeway St #400
Arlington, VA, US
901 N Glebe Rd #400
Austin, TX, US
401 Congress Ave #1900
El Segundo, CA, US
777 Aviation Blvd #210
Melbourne, AU
level 6/607 Bourke St
Toronto, CA
1 Toronto St #700Toronto
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Rapid7 Financials and Metrics

Rapid7 Revenue

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View revenue for all periods
Rapid7's revenue was reported to be $411.49 m in FY, 2020
USD

Revenue (Q1, 2021)

117.5m

Gross profit (Q1, 2021)

81.2m

Gross profit margin (Q1, 2021), %

69.1%

Net income (Q1, 2021)

(29.8m)

EBIT (Q1, 2021)

(23.1m)

Market capitalization (11-Jun-2021)

4.9b

Closing stock price (11-Jun-2021)

88.9

Cash (31-Mar-2021)

503.8m

EV

5.3b
Rapid7's current market capitalization is $4.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

200.9m244.1m326.9m411.5m

Revenue growth, %

28%21%34%

Cost of goods sold

56.9m71.1m91.1m121.5m

Gross profit

144.0m173.0m235.8m290.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

54.5m58.4m62.4m73.2m79.0m83.2m94.3m92.4m98.6m117.5m

Cost of goods sold

16.6m17.4m17.8m20.0m22.2m23.6m27.7m23.1m25.2m36.3m

Gross profit

37.9m41.0m44.6m53.2m56.8m59.5m66.6m69.3m73.4m81.2m

Gross profit Margin, %

70%70%71%73%72%72%71%75%74%69%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

51.6m99.6m123.4m173.6m

Accounts Receivable

73.7m74.9m87.9m111.6m

Prepaid Expenses

27.8m

Current Assets

173.3m355.8m364.6m473.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

99.6m100.7m131.2m89.9m126.6m114.9m204.4m279.3m239.4m503.8m

Accounts Receivable

38.7m48.5m53.8m59.7m69.3m62.4m64.4m76.8m73.6m76.7m

Prepaid Expenses

19.6m20.7m20.5m28.9m

Current Assets

188.8m185.9m347.6m339.9m344.3m339.9m342.3m431.6m434.0m734.1m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(45.5m)(55.5m)(53.8m)(98.8m)

Depreciation and Amortization

7.6m11.1m16.5m22.6m

Accounts Payable

(2.3m)3.7m92.0k(2.4m)

Cash From Operating Activities

13.3m6.1m(1.4m)4.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(16.4m)(30.7m)(42.5m)(11.7m)(25.1m)(39.5m)(22.9m)(44.4m)(69.9m)(29.8m)

Depreciation and Amortization

2.4m5.1m7.7m3.4m7.4m12.0m4.8m10.4m16.3m6.7m

Accounts Payable

3.2m2.4m565.0k66.0k2.2m1.1m4.0m137.0k1.9m550.0k

Cash From Operating Activities

7.3m(1.8m)(5.9m)(13.6m)(11.1m)(9.2m)(7.2m)(6.8m)4.3m20.6m
USDFY, 2017

Revenue/Employee

186.2k

Financial Leverage

11.8 x
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Rapid7 Operating Metrics

Rapid7's Customers was reported to be 9 k in FY, 2019.
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Rapid7 Acquisitions / Subsidiaries

Company NameDateDeal Size
AlcideFebruary 01, 2021$50 m
NetFortApril 02, 2019
tCellOctober 15, 2018
KomandJuly 18, 2017$50 m
LogentriesOctober 13, 2015$68 m
NTObjectivesMay 04, 2015
MobilisafeOctober 09, 2012
MetasploitOctober 20, 2009
Komand Inc.
Rapid7 Australia Pty Ltd.
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Rapid7 Revenue Breakdown

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Rapid7 revenue breakdown by business segment: 11.9% from Term and Perpetual Software Licenses, 67.5% from Subscription, 8.9% from Professional Services, 11.2% from Maintenance and Support and 0.5% from Other

Rapid7 revenue breakdown by geographic segment: 81.0% from United States and 19.0% from Other

Rapid7 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Rapid7 Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Rapid7 Online and Social Media Presence

Embed Graph

Rapid7 Company Culture

  • Overall Culture

    A+

    88/100

  • CEO Rating

    A+

    95/100

  • Compensation

    A+

    92/100

  • Diversity

    A+

    86/100

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Rapid7 Blogs

Automated remediation level 1: Lock down fundamentals

Ensuring visibility across teams is a critical component in a shared data set where everyone can come to the same conclusions. And if this understanding and trust between teams is achieved, then you might be ready to get into the particulars of automated remediation.

Attack Surface Analysis Part 1: Vulnerability Scanning

In this three-part series, we’ll explore key considerations and strategies for choosing an attack surface analysis strategy. We’ll start with vulnerability assessment below.

[Security Nation] Jeff Man on Mapping the MITRE ATT&CK Framework Against PCI

In this episode of Security Nation, we are joined by Jeff Man, who talks about his work mapping the MITRE ATT&CK Framework against PCI.

Akkadian Provisioning Manager Multiple Vulnerabilities Disclosure

Researchers discovered a trio of vulnerabilities in the Akkadian Provisioning Manager version 4.50.18.

Patch Tuesday - June 2021

Rapid7 Patch Tuesday Blog - June 2021

Action! Start putting automation into practice.

In our new blog series, we’ll talk about the challenges of leveraging automation and actually putting it into practice for your organization and business.
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Rapid7 Frequently Asked Questions

  • When was Rapid7 founded?

    Rapid7 was founded in 2000.

  • Who are Rapid7 key executives?

    Rapid7's key executives are Corey E. Thomas, Andrew Burton and Tas Giakouminakis.

  • How many employees does Rapid7 have?

    Rapid7 has 1,544 employees.

  • What is Rapid7 revenue?

    Latest Rapid7 annual revenue is $411.5 m.

  • What is Rapid7 revenue per employee?

    Latest Rapid7 revenue per employee is $266.5 k.

  • Who are Rapid7 competitors?

    Competitors of Rapid7 include Sumo Logic, Trustwave and Cybereason.

  • Where is Rapid7 headquarters?

    Rapid7 headquarters is located at 120 Causeway St #400, Boston.

  • Where are Rapid7 offices?

    Rapid7 has offices in Boston, Arlington, Austin, El Segundo and in 9 other locations.

  • How many offices does Rapid7 have?

    Rapid7 has 13 offices.