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Darktrace

Cyber AI that learns you.

CybersecurityLondon, United Kingdom subsidiary Founded 2013

At a Glance

Legal name
Darktrace Holdings Limited
Registry number
11364317 · verify
Jurisdiction
Jersey (Darktrace parent) / UK (operating)
Ownership
subsidiary
Employees
2000-5000
Revenue (est.)
$500M-$1B
Headquarters
Maurice Wilkes Building, Cowley Road, Cambridge, CB4 0DS, United Kingdom (London office: 10 New Street Square, London, EC4A 3BF)
Snapshot Last updated 24 April 2026

Darktrace is a Cambridge- and London-headquartered cybersecurity company founded in 2013 using mathematics research from the University of Cambridge and intelligence-community operational expertise.

Founded2013
Employees2000-5000
Revenue (est.)$500M-$1B
OwnershipSubsidiary

Darktrace is a Cambridge- and London-headquartered cybersecurity company founded in 2013 using mathematics research from the University of Cambridge and intelligence-community operational expertise. The group sells a self-learning AI platform that models normal behaviour across enterprise networks, cloud workloads, email, operational technology, and endpoints to detect anomalies in real time. Customers include thousands of organisations across financial services, government, healthcare, manufacturing, and critical infrastructure. After listing on the London Stock Exchange in April 2021 with a highly successful IPO, Darktrace was acquired in October 2024 by US private-equity firm Thoma Bravo in a $5.3 billion all-cash take-private transaction, one of the largest ever UK cybersecurity buyouts. The former LSE-listed parent Darktrace plc was delisted and ownership restructured through a Jersey holding company, with the principal UK operating entity, Darktrace Holdings Limited, continuing under Thoma Bravo stewardship. Darktrace maintains dual headquarters in Cambridge and London.

  1. 1

    Capital markets path

    Darktrace is a valuable UK-focused case study on Jersey holding structures, private-to-public-to-private ownership transitions, and the mechanics of a scheme of arrangement under UK company law. From its 2021 IPO, the listed parent was Darktrace plc, incorporated in England and Wales, whose shares were admitted to the LSE Main Market.

  2. 2

    Capital markets path

    Beneath the plc sat a multi-layer group including Darktrace Holdings Limited and operating subsidiaries in the US, Europe, and Asia-Pacific. Early investors including KKR and Invoke Capital, along with significant founder shareholdings, meant the pre-IPO cap table used multiple share classes that the prospectus reconciled into a single ordinary class at listing.

  3. 3

    Estonia e-Residency play

    In October 2024, Thoma Bravo completed a scheme of arrangement under Part 26 of the Companies Act 2006 to acquire Darktrace plc for $5.3 billion in cash, a transaction that required a shareholder vote, a court hearing, and a scheme circular filed at Companies House and the FCA National Storage Mechanism. Post-take-private, the UK operating entities sit under a Jersey-incorporated bidco parent controlled by Thoma Bravo-managed funds, which means UK-resident readers researching Darktrace today will find a UK operating stack filed at Companies House but ultimate beneficial ownership pointing through Jersey to Delaware limited partnerships. This structure is increasingly common for UK technology take-privates and is a key reference point for UK FCA and BEIS policy discussions about foreign-controlled critical-infrastructure suppliers.

Key People

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Poppy Gustafsson

CEO

From Wikidata

Corporate Timeline

  1. Jan 2013Incorporation

    Darktrace founded

    Founded in 2013.

    Source →

Build Your Own

Replicate Darktrace's structure in 4 steps

The formation playbook, distilled from how this company was actually set up.

1

Estonia e-Residency play

Following the October 2024 take-private by Thoma Bravo, the UK operating stack is led by Darktrace Holdings Limited (Companies House number 11364317) and Darktrace Limited, with regional subsidiaries in the US, Netherlands, Germany, Australia, Singapore, and Japan.

2

Parent-subsidiary layout

The ultimate parent is a Jersey-incorporated acquisition holding company controlled by Thoma Bravo-managed funds.

3

UK incorporation

The former LSE-listed parent, Darktrace plc, was cancelled from the Official List and Main Market following sanction of the Part 26 scheme of arrangement.

4

Estonia e-Residency play

Statutory accounts for each UK operating entity, persons-with-significant-control disclosures, and the 2024 scheme documentation are all available at Companies House and the FCA National Storage Mechanism.

Frequently Asked Questions

Is Darktrace still listed on the stock market?

No. Darktrace plc was delisted from the London Stock Exchange in October 2024 following its $5.3 billion take-private acquisition by Thoma Bravo, completed via a UK scheme of arrangement.

Who owns Darktrace now?

Darktrace is owned by funds managed by US private-equity firm Thoma Bravo, with ultimate ownership running through a Jersey-incorporated acquisition vehicle.

What is Darktrace's UK operating company?

The principal UK operating entity is Darktrace Holdings Limited, registered at Companies House under number 11364317, alongside Darktrace Limited and regional subsidiaries.

Why use a Jersey holding structure?

Jersey holding vehicles are widely used in UK private-equity take-privates for their flexible company law, long-standing familiarity with UK tax authorities, and neutral treatment of international investors pooled through Delaware limited partnerships.

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