What is Gremlin?
Gremlin operates as the world's first hosted Chaos Engineering service, dedicated to building a more dependable internet. The company empowers engineers with sophisticated tooling to safely conduct experiments on complex systems, thereby identifying potential weaknesses before they can negatively impact customers and lead to revenue loss. This proactive approach transforms potential failures into robust resilience, a critical capability for modern digital infrastructure.
How much funding has Gremlin raised?
Gremlin has raised a total of $26.8M across 3 funding rounds:
Other Financing Round
$1.3M
Series A
$7.5M
Series B
$18M
Other Financing Round (2016): $1.3M with participation from Amplify Partners
Series A (2017): $7.5M led by Index Ventures and Amplify Partners
Series B (2018): $18M supported by Redpoint Ventures
Key Investors in Gremlin
Redpoint Ventures
Redpoint Ventures, established in 1999, is a venture capital firm that focuses on investments in early growth-stage companies, providing strategic capital to fuel their expansion.
Index Ventures
Index Ventures is a global venture capital firm that partners with founders from seed to IPO, investing in ambitious entrepreneurs building enduring companies across various sectors.
Amplify Partners
Amplify Partners specializes in early-stage investments within machine intelligence and computer science, leveraging deep domain expertise to support technical founding teams.
What's next for Gremlin?
The substantial enterprise-level funding Gremlin has garnered, particularly its recent strategic investment, positions the company for accelerated growth and market expansion. This capital infusion is expected to fuel further development of its Chaos Engineering platform, enhance its customer success initiatives, and broaden its reach within the enterprise sector. Gremlin is poised to solidify its leadership in the resilience engineering space, enabling more organizations to build and maintain highly reliable systems in an increasingly complex digital landscape.
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