Snyk

Application security software that scans source code, open-source dependencies, container images and infrastructure-as-code for vulnerabilities and helps developers fix them. Sold mainly to enterprises, with the product line extending toward securing AI-generated code and AI agents.

CybersecurityApplication and developer securityBoston, United States
FoundersSince 2015
Valuation
$7.4B
Total raised
$1.5B
Last round · Jan 2023
Strategic investment
Founded
2015
Employees
990
Quarters in VP50
17

Valuation

$100M$1B$10B2019202020212022$7.4B
Snyk priced rounds
RoundDatePost-money valuationRaisedLed by
Series BSep 25, 2018$100M$22MAccel
Series CSep 9, 2019$500M$70MAccel
Series DSep 9, 2020$2.6B$200MAddition
Series EMar 10, 2021$4.7B$300MAccel and Tiger Global
Series FSep 9, 2021$8.5B$530MSands Capital and Tiger Global
Series GDec 12, 2022$7.4B$197MQIA (Qatar Investment Authority)
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: #9
  2. Q1 2024: #9
  3. Q2 2024: #34
  4. Q3 2024: #32
  5. Q4 2024: no place
  6. Q1 2025: #30
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #9, held for two quarters in a row.

Funding rounds

DateRound · leadRaisedValuation
Jan 24, 2023Strategic investment · ServiceNow$25M—
Dec 12, 2022Series G · QIA (Qatar Investment Authority)$197M$7.4B
Sep 9, 2021Series F · Sands Capital, Tiger Global$530M$8.5B
Mar 10, 2021Series E · Accel, Tiger Global$300M$4.7B
Sep 9, 2020Series D · Addition$200M$2.6B
Jan 21, 2020Funding round · Stripes$150M—
Sep 9, 2019Series C · Accel$70M$500M
Sep 25, 2018Series B · Accel$22M$100M
Mar 6, 2018Series A · Boldstart Ventures, Canaan Partners$7M—
2016Seed$3M—

Team

Snyk | Venture Place