Tenex

Challenger

AI-native MDR cybersecurity unicorn ($1B+ valuation). $250M Series B (Mar 2026). #1 fastest-growing cyber company (IT-Harvest). Fortune 500 clients. Founded 2024, Sarasota FL.

AI Managed Detection & Response
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Updated April 2026

Company Overview

About Tenex

TENEX is an AI-native MDR provider founded 2024 by Eric Foster (CEO), headquartered in Sarasota, FL with offices in San Jose, Overland Park, Phoenix. Built from the ground up around AI with founding engineers from hyperscalers and AI labs.

Business Model & Competitive Advantage

March 2026: $250M Series B led by Crosspoint Capital at unicorn ($1B+) valuation. Total $277M (including $27M Series A, Sep 2025). $25M+ contracted revenue. 318% YoY headcount growth. Named #1 fastest-growing cyber company (IT-Harvest 2026 Cyber 150).

Competitive Landscape 2025–2026

Appointed former Charles Schwab CISO as president. Plans 250+ hires and EMEA expansion. Multiple Fortune 500 and Global 2000 customers.

Revenue
$1000M
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Key Differentiators

Strong Challenger

Tenex is an established challenger with significant market presence and competitive offerings in Security.

Enterprise Scale

With $1000M in revenue, Tenex operates at enterprise scale with proven market validation.

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