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Torq Becomes Unicorn with $140M Series D Funding

1/23/2026

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Story summary
  • Torq became a unicorn after raising $140 million in a Series D valuing the company at $1.2 billion.
  • The round included investments from Insight Partners and JPMorgan Private Bank, per Calcalist.
  • Ofer Smadari, Torq's chief executive officer, said the funds will expand Torq's AI-driven Security Operations Center services and support hiring up to 200 new employees.
  • Torq was founded in 2020.
  • Marriott and PepsiCo are among Torq's major clients.