How Much Did Gremlin Raise?
Funding & Key Investors

Gremlin, a leader in chaos engineering services, has secured significant enterprise-level funding, with a recent major strategic investment contributing to its total capital raised of $26.8M. The company's latest funding round, which closed on September 28, 2018, amounted to $18M, underscoring continued investor confidence in its mission to enhance internet reliability through proactive system resilience testing.

What is Gremlin?

Gremlin
SoftwareEngineering SoftwareStorage & System Management Software

Gremlin operates as the world's first hosted Chaos Engineering service, dedicated to fostering a more reliable internet. By providing engineers with sophisticated tooling, Gremlin enables safe experimentation on complex systems. This allows organizations to proactively identify and address potential weaknesses before they manifest as customer-impacting issues or revenue loss. The company's approach transforms potential failure points 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:

2016

Other Financing Round

$1.3M

2017

Series A

$7.5M

2018

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 expansion.

Index Ventures

Index Ventures is a global venture capital firm that partners with founders from seed to IPO, investing in companies that challenge the status quo and aim to build enduring businesses.

Amplify Partners

Amplify Partners specializes in early-stage companies at the forefront of machine intelligence and computer science, leveraging deep domain expertise to support technical founding teams.

What's next for Gremlin?

The substantial enterprise-level funding and recent strategic investment signal Gremlin's strong growth trajectory and market validation. This capital infusion is expected to fuel further development of its chaos engineering platform, expand its customer base among major enterprises like GrubHub and Walmart, and enhance its go-to-market strategies. The company is well-positioned to capitalize on the increasing demand for resilient systems in an interconnected digital world, likely focusing on scaling its operations and deepening its technological capabilities.

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Frequently Asked Questions Regarding Gremlin Financial Insights

What are the most recent funding rounds that Gremlin has completed, and what were the funding rounds?
Gremlin has recently completed 3 funding rounds: Series B on Sep 28, 2018, Series A on Dec 11, 2017, Other Financing Round on Jan 25, 2016.
What is the total amount of funding Gremlin has raised to date?
Gremlin has raised a total of $26.8M in funding to date.
How many funding rounds has Gremlin completed?
Gremlin has completed 3 funding rounds.
How much funding did Gremlin raise in its most recent funding round?
Gremlin raised $18M in its most recent funding round.
Who are the lead investors in Gremlin's latest funding round?
The lead investor in Gremlin's latest funding round was Redpoint Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Gremlin's history?
The largest funding round in Gremlin's history was $18M.
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