What is Snyk?
Snyk operates as a specialized cybersecurity platform designed to integrate seamlessly into the developer workflow. By enabling organizations to identify and remediate security flaws across application code, open-source dependencies, containers, and cloud infrastructure, the company bridges the gap between rapid software deployment and robust security posture. Its AI-driven analysis and automated remediation capabilities allow engineering teams to maintain high velocity without compromising on safety, positioning Snyk as an essential tool for enterprises navigating the complexities of modern cloud-native development.
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 Canaan Partners, Peter McKay, Boldstart Ventures, FundFire, and Heavybit
Series B (2018): $22M supported by Boldstart Ventures, GV, Heavybit, and Accel
Private Equity (2019): $70M featuring Accel, Boldstart Ventures, and GV
Series C (2020): $150M backed by BoldStart, GV, Tiger Global, Stripes, Coatue, Amity, Trend Forward, Accel, Salesforce, and Canaan Partners
Series D (2020): $200M with participation from Addition
Series E (2021): $300M led by Canaan Partners, Tiger Global Ltd, Boldstart Ventures, Accel Partners BV, and Addition
Series F (2021): $605M supported by Geodesic Capital, Boldstart Ventures, T. Rowe Price, Alkeon Capital Management, Tiger Global, Whale Rock Capital Management, Salesforce Ventures, Temasek, Koch Strategic Platforms, Accel, BlackRock, Coatue, Baillie Gifford, Canaan Partners, Sands Capital, Lone Pine Capital, Franklin Templeton, Atlassian, and Addition
Series G (2022): $196.5M featuring Irving Investors, G Squared, Evolution Equity Partners, and QIA Group
Key Investors in Snyk
Evolution Equity Partners
An international venture capital firm specializing in cybersecurity investments, partnering with visionary entrepreneurs to build market-leading companies.
G Squared
A global venture capital firm focused on providing growth-stage technology companies with flexible capital solutions through primary and secondary investments.
Irving Investors
A growth fund employing a sector-agnostic approach, focusing on disruptive technology and high-growth opportunities to maximize alpha.
What's next for Snyk?
With the infusion of capital from its latest financing round, Snyk is well-positioned to deepen its penetration into the enterprise market and further refine its automated security offerings. The company is expected to leverage this strategic investment to enhance its AI-driven remediation engine and expand its footprint in key international markets. As organizations continue to prioritize secure software supply chains, Snyk's focus on developer-first security will likely remain a critical driver of its long-term growth and market dominance in the cybersecurity sector.
See full Snyk company page