WillItSurvive
No grouping · Ireland

Tines

Dublin-based workflow automation platform for security and IT teams, pivoting to AI governance.

Losing its protection
Assessed 29 July 2026 · Evidence as of 29 July 2026
The structural protection is eroding.
On the recordSince 29 July 2026 · Checkable from Q2 2027 · Every call on the record Checkpoint: Next audited Irish filing (FY ending Jan 2026) will show real revenue and Tines 3B traction
The call

Tines has real customers and real revenue growth, but its core SOAR category is being absorbed by bigger platforms while its AI-governance pivot is still unproven.

Tines builds software that helps security teams automate repetitive tasks like threat responses and data gathering. The company has real customers and solid financial growth, but its core product category is being pulled into bigger platforms owned by companies like Palo Alto Networks and Cisco, while newer AI-powered competitors that need less setup are starting to replace the old approach entirely. Everything depends on whether their new AI governance product (launched mid-2026) actually gets enterprises to pay for it in the coming months, because if it doesn't gain real traction quickly, the company's growth story runs out of road.

Why
01
AI pressure: Simbian, Dropzone AI (agentic SOC, playbook-free automation). These startups sell automation that skips Tines' playbook model entirely, aiming at the same SOC buyers. Could AI do the core job? Yes, likely.
02
Bigger players: Palo Alto Networks XSIAM, Cisco/Splunk, Google SecOps. Each now bundles SOAR-like automation into its own security platform, folding Tines' category into a bigger sale. Could a giant copy it? Yes, easily.
03
What protects it. Deep integrations, workflow lock-in, and 124% net revenue retention keep enterprise customers like Coinbase and SAP renewing.
What would change this call
Tines 3B lands paid enterprise deployments (not just logos) within 2-4 quarters. Shows whether the AI-governance pivot has real commercial traction beyond press releases.
Next audited Irish filing (FY ending Jan 2026) reports revenue near $39.6M-doubling or closer to $85M. Resolves whether growth is continuing at prior pace or was overstated.
NRR figure in next audited filing falls below roughly 110%. Would indicate existing customers are cutting usage or churning toward XSIAM, Splunk, or agentic rivals.
Key numbers
  • Audited revenue $39.6M, doubled year over year (2025-01-31)
  • Net revenue retention 124% (2026-07-28)
  • Employee costs $43M against $39.6M revenue (loss) (2025-01-31)
Named risks
  • Core SOAR category being absorbed into SIEM/XDR platforms like XSIAM and Splunk SOAR. Severity: high
  • Tines 3B pivot to AI-agent governance launched July 28, 2026 with no commercial validation yet. Severity: high
  • FY2025 loss with employee costs of $43M exceeding revenue of $39.6M. Severity: medium
  • Conflicting revenue figures between audited $39.6M and unconfirmed aggregator claims of $85M. Severity: low
Rivals, as read in July 2026
RivalDirectionEvidence
Palo Alto Networks (XSIAM)gaining onSOAR absorbed into XSIAM/SIEM platforms per industry buyer's guide dated 2026-06-24
Cisco/Splunk SOARgaining onStandalone SOAR increasingly absorbed into SIEM/XDR platforms as of 2026-06-24
ServiceNowgaining onListed as direct competitor with broader IT workflow orchestration reach, PitchBook 2026 profile
SimbiancontestingAgentic SOC startup positioned to replace playbook-based SOAR entirely, per 2026-06-04 comparison
Dropzone AIcontestingPlaybook-free agentic alternative challenging Tines' core automation use case as of mid-2026
Questions people ask
Is Tines profitable in 2026?
No. Tines posted a loss for the fiscal year ended January 31, 2025, with audited revenue of $39.6M against employee costs of $43M, according to Irish Times reporting from May 28, 2026 on the company's audited accounts.
Is Tines a public company?
No, Tines is privately held and venture-backed. It closed a $125M Series C on February 11, 2025, led by Goldman Sachs Alternatives and SoftBank Vision Fund 2, valuing the company at $1.125 to $1.13 billion, with no subsequent public listing reported.
Could AI replace Tines' core product?
Tines' original playbook-based SOAR automation is directly targeted by agentic AI SOC startups like Simbian and Dropzone AI, which claim to replace pre-built playbooks entirely. Tines responded by launching Tines 3B on July 28, 2026, an unproven pivot to AI-agent governance.
Who is Tines' biggest competitor?
Industry buyer's guides from June 24, 2026 describe standalone SOAR being absorbed into platforms like Palo Alto Networks' XSIAM, Cisco/Splunk SOAR, and Google SecOps, while agentic startups Simbian and Dropzone AI target the same playbook-automation niche Tines built its business on.
What is Tines' actual revenue?
Audited Irish accounts reported by the Irish Times on May 28, 2026 show $39.6M (€34.11M) revenue for the fiscal year ended January 31, 2025, up from $19.1M the prior year. A separate aggregator claim of $85M for 2025 is unconfirmed and conflicts with the audited figure.
What is Tines 3B?
Tines 3B is an AI-native platform launched July 28, 2026, designed to help enterprises build, run, and govern AI-generated workflows, apps, and agents, addressing what Tines calls 'Wild Code' sprawl. It runs alongside the original Tines Stories product and is commercially unproven.
Timeline
  • 2026-07-28Tines launches Tines 3B, an AI-native platform to govern AI-built workflows, apps, and agents
  • 2026-05-28Irish Times reports audited FY2025 revenue of $39.6M and a company loss
  • 2026-03-11Tines announces plans for ~100 new US hires and a new Boston-area office
  • 2026-01-06Tines reports shipping 357 product updates over 2025 and launching an AI Agent action
  • 2025-02-11Tines closes $125M Series C led by Goldman Sachs Alternatives and SoftBank, hitting $1.13B valuation
  • 2025-02-11Tines launches Workbench, a generative-AI chat interface for the platform
  • 2019-12Tines raises Series A of approximately $15.1M
  • 2018Tines founded in Dublin by Eoin Hinchy and Thomas Kinsella
Revision history
29 July 2026
First assessed. Losing its protection. The text above is fixed as of this date and is not edited afterwards.
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