Evan Reiser Net Worth – CEO & Co-Founder of Abnormal Security

Evan Reiser is a computer scientist who serves as the co-founder and chief executive officer (CEO) of Abnormal Security. He co-founded the company in 2018 with Sanjay Jeyakumar. 

Abnormal Security is a cybersecurity company specializing in cloud-native email security. It uses advanced AI and machine learning to detect and prevent sophisticated email attacks, such as phishing, BEC, and malware. By analyzing user behavior, relationships, and communication patterns, Abnormal Security can identify anomalies that may indicate malicious activity, allowing organizations to quickly respond and mitigate threats. 

The San Francisco-based security company was valued at $5.1 billion in August 2024. Following the valuation, CEO Evan Reiser said he would consider making the company go public when the market conditions are favorable. 

This article will look into Evan Reiser’s net worth, education, career, and more. 

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Evan Reiser Net Worth

Unfortunately, there is no information on Evan Reiser’s net worth available in the public domain. We will update this section as soon as we come across any reliable information on Reiser’s wealth. 

However, it should be noted that Evan Reiser is the co-founder and CEO of a billion-dollar company. So, his company shares, base pay, and bonuses must have contributed significantly to his overall net worth. 

Education

Even Reiser earned a Bachelor of Science in Computer Systems Engineering and Computer Science from Rensselaer Polytechnic Institute. Throughout his studies, he engaged in coursework that built a solid foundation in computer systems and engineering principles.

In the earlier phases of his degree, he studied Engineering Analysis and Probability in Engineering Applications, which introduced him to the fundamentals of engineering and the role of probability in managing complex systems. He then advanced to courses like Database Systems and Experimental Networking, where he gained insights into data management and the intricacies of network design.

Near the end of his program, he studied Software Design and Documentation. He also learned the methods for creating well-structured and maintainable software, and Modeling and Analysis of Uncertainty. 

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Career

Even Reiser began his career in 2003 as a Software Engineer in the R&D Division of Eastman Kodak’s System, Software, and Science (S3) Laboratory in Harrow, United Kingdom. Here, he contributed to research on computer vision and machine learning, focusing on applications for intelligence and defense clients, including the Royal Navy and Royal Air Force.

In June 2006, he joined Capital IQ in Greater New York as a Software Engineer. He worked as one of four “big data” engineers on the Screening & Analytics team, where he developed client-facing interfaces and predictive analytics tools that leveraged one of the world’s largest financial databases.

In 2007, Reiser founded GamerNook, a social networking site tailored for gamers, in New York City. He grew the platform to over 100,000 members, built an advertising business, and secured esports sponsorships. Although the product attracted a dedicated community, it struggled due to an unsustainable business model, leading to its closure in 2008.

Following GamerNook, Reiser co-founded Bloomspot in 2008, an online-to-offline advertising platform. Bloomspot used behavioral profiling and in-store conversion tracking to link online ads to offline sales. In December 2012, JPMorgan Chase acquired Bloomspot, aiming to enhance its consumer marketing offerings for merchants.

In September 2010, Reiser founded AdStack, an advertising technology startup focused on data-driven behavioral profiling for optimized ad targeting. AdStack developed products like automatic conversion optimization for Facebook ads and real-time email personalization for e-commerce clients. In September 2013, TellApart acquired AdStack to strengthen its email marketing solutions for retailers.

Reiser joined TellApart as the first Product Manager, where he played a pivotal role in driving growth to over $100 million in annual revenue. He focused on behavioral profiling, data privacy, and real-time decision-making using distributed machine learning. In May 2015, Twitter acquired TellApart for $533 million to enhance its ad platform.

In May 2015, Reiser moved to Twitter as a Product Manager, leading the Core Ads team for nearly three years. He managed Twitter’s $2 billion ad engine, concentrating on AI and machine learning, large-scale behavioral profiling, and strategies for data privacy and security.

In April 2018, Evan Reiser co-founded Abnormal Security, an AI-driven email security company in San Francisco. As CEO, he has led the company in detecting and blocking targeted email attacks like business email compromise and spear phishing. Abnormal Security integrates seamlessly with cloud email systems, using behavior analysis to identify threats. The company achieved significant growth, reaching $100 million in annual recurring revenue and securing a valuation of $4 billion. It is now planning for an eventual initial public offering (IPO).

Latest Updates

Abnormal Security recently raised $250 million in a Series D funding round led by Wellington Management, which values the company at $5.1 billion. The company now serves over 2,400 clients, including 17% of Fortune 500 companies like Maersk and Mattel, while doubling in size and surpassing $200 million in annualized revenue. 

This new funding will enable Abnormal to expand its human behavior AI platform and support customer-led AI initiatives. CEO Evan Reiser notes that while an IPO is on the horizon, the timing will depend on market conditions, marking another milestone as Abnormal seeks to solidify itself as a “generational” cybersecurity company.

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FREQUENTLY ASKED QUESTIONS

Who is the CEO of Abnormal Security?

The CEO of Abnormal Security is Evan Reiser. Reiser co-founded the company in 2018 with Sanjay Jeyakumar and has been serving as its chief executive officer since. 

Who founded Abnormal Security?

San Francisco-based Abnormal Security was founded in 2018 by Evan Reiser and Sanjay Jeyakumar. The company specializes in cybersecurity with a focus on cloud-native email security. 

Is Abnormal Security a unicorn?

With its valuation reaching $5.1 billion, Abnormal Security is the newest unicorn in cybersecurity.