What is Semgrep?
Founded in 2017 by Drew Dennison, Isaac Evans, and Luke OMalley, Semgrep has rapidly evolved into a leading security solution provider. The company's mission is to fundamentally improve software security, a goal it pursues through its advanced static analysis tool. Semgrep's platform is trusted by industry giants such as Figma, Dropbox, Slack, and Snowflake, highlighting its efficacy in identifying and mitigating security vulnerabilities within complex codebases. The company's open-source project, sgrep, which was reignited in 2020, served as the foundation for the sophisticated security solution Semgrep offers today, demonstrating a commitment to both community-driven development and enterprise-grade security.
How much funding has Semgrep raised?
Semgrep has raised a total of $193M across 4 funding rounds:
Series A
$13M
Series B
$27M
Series C
$53M
Series D
$100M
Series A (2020): $13M with participation from Sequoia Capital and Redpoint Ventures
Series B (2021): $27M led by Felicis Ventures, Redpoint Ventures, and Sequoia Capital
Series C (2023): $53M supported by Lightspeed Venture Partners and Felicis Ventures
Series D (2025): $100M featuring Felicis Ventures, Harpoon Ventures, Menlo Ventures, Redpoint Ventures, and Lightspeed Venture Partners
Key Investors in Semgrep
Felicis Ventures
Felicis Ventures is a Menlo Park-based venture capital firm specializing in early and growth-stage technology companies across SaaS, AI, fintech, and consumer sectors, often leading seed and Series A rounds.
Harpoon Ventures
Harpoon Ventures is an investment firm focused on backing mission-critical technologies in AI, deep tech, software infrastructure, and cybersecurity, aiming to restore American technological leadership.
Menlo Ventures
Menlo Ventures is a venture capital firm investing in early and growth-stage technology companies across enterprise software, consumer internet, fintech, infrastructure, and frontier tech.
What's next for Semgrep?
With its latest major strategic investment and a cumulative total funding of $193M, Semgrep is well-positioned for accelerated growth and further innovation in the cybersecurity landscape. This significant capital infusion is expected to fuel the expansion of its engineering teams, enhance its product development, and broaden its market reach. The company's focus on providing a scalable, developer-friendly security platform suggests a strategic push towards deeper integration within enterprise development workflows and potentially exploring new security domains. Semgrep's trajectory indicates a company poised to further solidify its leadership in application security, addressing the ever-evolving threat landscape with its powerful, code-aware analysis tools.
See full Semgrep company page