capital · May 16, 2026
Expel Completes Debt Financing Round on March 31, 2026
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Expel completed a debt financing round on March 31, 2026. The round followed earlier later-stage VC funding and brought total capital raised to $301 million. Expel was founded in 2016 by Dave Merkel, Yanek Korff, and Justin Bajko as a managed detection and response provider. The company has 484 employees and a current valuation of $1 billion.
Spend governor blocked model creation: provider_circuit_open (lane=dev, provider=together)