How Much Did Smallstep Labs Raise?
Funding & Key Investors

Smallstep Labs has successfully secured a major strategic investment, marking a pivotal milestone in its mission to democratize infrastructure security. With a cumulative capital infusion reaching $19M, the firm is well-positioned to accelerate its product roadmap. This latest financing round, which contributed $19M to the company's balance sheet, underscores the growing market demand for automated, developer-centric security solutions in an increasingly complex digital landscape.

What is Smallstep Labs?

Smallstep Labs
SoftwareSecurity Software

Smallstep Labs operates at the intersection of developer productivity and enterprise-grade security. By transforming complex security best practices into an accessible, open-source toolkit, the company enables engineers to automate the management of x.509 and SSH certificates across diverse workloads, devices, and development environments. This approach effectively removes the friction typically associated with identity and access management, allowing organizations to maintain robust security postures without sacrificing operational velocity. As a leader in the infrastructure security space, Smallstep Labs is redefining how modern teams handle cryptographic identity, moving away from manual, error-prone processes toward a scalable, automated framework that empowers developers to secure their own infrastructure effectively.

How much funding has Smallstep Labs raised?

Smallstep Labs has raised a total of $19M across 1 funding round:

2022

Series A

$19M

Series A (2022): $19M with participation from Bain Capital Ventures and Accel

Key Investors in Smallstep Labs

Bain Capital Ventures

A prominent venture capital firm with extensive experience in scaling enterprise technology companies, managing billions in committed capital across diverse sectors.

Accel

A global venture capital firm that partners with exceptional teams from inception through all phases of private company growth, focusing on innovative technology startups.

What's next for Smallstep Labs?

With the recent influx of capital, Smallstep Labs is poised to transition from its current growth phase into a broader market expansion strategy. The company intends to leverage this investment to deepen its engineering capabilities, focusing on the integration of its certificate automation tools into cloud-native ecosystems. By prioritizing the scalability of its open-source offerings, Smallstep Labs aims to solidify its position as the industry standard for identity-based security. Future strategic initiatives will likely involve expanding its enterprise support infrastructure and enhancing its suite of tools to address the evolving requirements of distributed, multi-cloud environments, ensuring that security remains a seamless component of the software development lifecycle.

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Frequently Asked Questions Regarding Smallstep Labs Financial Insights

What are the most recent funding rounds that Smallstep Labs has completed, and what were the funding rounds?
Smallstep Labs has recently completed 1 funding rounds: Series A on Apr 28, 2022.
What is the total amount of funding Smallstep Labs has raised to date?
Smallstep Labs has raised a total of $19M in funding to date.
How many funding rounds has Smallstep Labs completed?
Smallstep Labs has completed 1 funding rounds.
How much funding did Smallstep Labs raise in its most recent funding round?
Smallstep Labs raised $19M in its most recent funding round.
Who are the lead investors in Smallstep Labs's latest funding round?
The lead investor in Smallstep Labs's latest funding round was Bain Capital Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Smallstep Labs's history?
The largest funding round in Smallstep Labs's history was $19M.
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