What is Snyk?
Snyk operates as a comprehensive cybersecurity platform designed to empower development teams to identify and remediate vulnerabilities across application code, open-source dependencies, containers, and cloud infrastructure. By embedding security insights directly into the development lifecycle, the company facilitates automated remediation and AI-driven analysis. This approach effectively bridges the gap between security and development, allowing teams to build and deploy software with greater speed, efficiency, and resilience against emerging threats in an increasingly cloud-native environment.
How much funding has Snyk raised?
Snyk has raised a total of $1.6B across 9 funding rounds:
Angel/Seed
$3M
Series A
$7M
Series B
$22M
Private Equity
$70M
Series C
$150M
Series D
$200M
Series E
$300M
Series F
$605M
Series G
$196.5M
Angel/Seed (2016): $3M, investors not publicly disclosed
Series A (2018): $7M led by Heavybit, Boldstart Ventures, FundFire, Canaan Partners, and Peter McKay
Series B (2018): $22M supported by GV, Boldstart Ventures, Accel, and Heavybit
Private Equity (2019): $70M featuring Accel, GV, and Boldstart Ventures
Series C (2020): $150M backed by Tiger Global, Stripes, Salesforce, Canaan Partners, GV, Amity, Coatue, Accel, Trend Forward, and BoldStart
Series D (2020): $200M with participation from Addition
Series E (2021): $300M led by Canaan Partners, Tiger Global Ltd, Boldstart Ventures, Addition, and Accel Partners BV
Series F (2021): $605M supported by Whale Rock Capital Management, Sands Capital, Tiger Global, Salesforce Ventures, Addition, BlackRock, Canaan Partners, Accel, T. Rowe Price, Baillie Gifford, Koch Strategic Platforms, Coatue, Atlassian, Alkeon Capital Management, Lone Pine Capital, Franklin Templeton, Geodesic Capital, Boldstart Ventures, and Temasek
Series G (2022): $196.5M featuring G Squared, QIA Group, Irving Investors, and Evolution Equity Partners
Key Investors in Snyk
G Squared
G Squared is a global venture capital investment firm focused on providing growth-stage technology companies with flexible capital solutions through primary and secondary investments.
QIA Group
QIA Group specializes in compliance reporting services and provides tailored solutions to meet statutory requirements, leveraging decades of experience in property and safety sectors.
Irving Investors
Irving Investors is a growth fund that employs a sector-agnostic approach, focusing on disruptive technology and high-growth opportunities across the capital structure.
What's next for Snyk?
With this latest round of financing, Snyk is well-positioned to accelerate its product roadmap and expand its global footprint. The company is expected to double down on its AI-driven remediation capabilities, further reducing the friction between security compliance and rapid software delivery. As enterprises continue to migrate toward complex, distributed cloud architectures, Snyk's strategic focus will likely remain on scaling its platform to meet the demands of large-scale organizations, while fostering deeper integrations within the broader DevOps ecosystem to maintain its competitive edge in the cybersecurity market.
See full Snyk company page
