HashiCorp

San Francisco, United States Founded: 2012 • Age: 14 yrs Unicorn Acquired By IBM
Cloud infrastructure is managed through AI-based security solutions.

About HashiCorp

HashiCorp is a Technology company based in San Francisco (United States) founded in 2012 by Mitchell Hashimoto and Armon Dadgar, and was acquired by IBM in April 2024. Cloud infrastructure is managed through AI-based security solutions. HashiCorp has raised $349 million across 5 funding rounds from investors including IBM, Bessemer Venture Partners and Franklin Templeton. The company has 5,601 employees. HashiCorp has completed 1 acquisition, including BluBracket. HashiCorp was last valued at $6.4 billion in April 2024. Its website hashicorp.com draws about 1.3 million monthly visits. Its Indian entity Hashicorp (India) Private Limited reported revenue of ₹117 Cr. Its focus areas include Enterprise Infrastructure, IT Operations, ITOM and IT Orchestration. Its competitors include Cisco, Datadog and Aviatrix; 3 of its 3 listed competitors have raised funding.

Company details

HashiCorp was founded in 2012 in San Francisco, United States, focusing on the cloud infrastructure sector. AI-driven tools are provided for managing security across cloud environments. Elements within infrastructure are protected, inspected, and connected via these solutions. Access requests are authenticated and authorized in real time. Sessions are monitored, with termination options available as needed. Operations span global cloud services, supporting enterprise-level connectivity and oversight.

  • Headquarters San Francisco, United States
  • Employees 5,601
  • Founders Mitchell Hashimoto, Armon Dadgar
  • Stage Acquired
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Programming and Developer Software
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website hashicorp.com/en
  • Social LinkedIn X Facebook YouTube
  • Acquired by IBM (Apr 2024)
  • Legal Name Hashicorp (India) Private Limited
  • Date of Incorporation 02 Dec, 2020
  • Jurisdiction Delhi, India
Key Metrics
  • Indian entity revenue
    ₹117 Cr

    FY 2025 · +52% YoY

  • Indian entity net profit
    ₹9.90 Cr

    FY 2025 · 8% margin

  • Indian entity EBITDA
    ₹16.76 Cr

    FY 2025 · 14% margin

  • Total Equity Funding
    $349M (USD)

    in 5 rounds

  • Latest Funding Round
    $175M (USD), Series E

    Mar 2020

  • Investors
    IBM

    & 18 more

  • Employee Count
    5,601
  • Investments & Acquisitions
  • Acquired by
    IBM

    & 1 more

    (Apr 2024)

Apps and channels of HashiCorp

its YouTube channel HashiCorp has 69.3K subscribers and 30 videos.

HashiCorp
YouTube 69.3K subscribers 30 videos Science & Technology
Open channel

Videos from HashiCorp

The most watched videos on HashiCorp's YouTube channel, HashiCorp (69.3K subscribers). Click a video to play it here.

Introduction to Terraform
2K views
The Story of Code | Official Trailer
817 views
Introduction to Vault
778 views
What do global leaders say about today’s cloud challenges? (2025 Cloud Complexity Report)
590 views

More on HashiCorp.

Funding Insights of HashiCorp

HashiCorp has successfully raised a total of $349M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $175 million completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $349M
  • Total Rounds 5
  • Last Round Series E — $175M
  • First Round $10M

    (Dec 2014)

  • Investors Count 19

All 5 funding rounds of HashiCorp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2020$175MSeries E$2.15BFranklin Templeton Investments
Nov 2018$100MSeries D$1.9BIVP, Bessemer Venture Partners
–
Oct 2017$40MSeries C–GGV Capital, Redpoint Ventures
Sep 2016$24MSeries B–GGV Capital, Mayfield
–
Dec 2014$10MSeries A–Mayfield, GGV Capital
–
Valuation history
DateValuationStage
Mar 2020$2.15B••••••••
Nov 2018$1.9B••••••••

Last known valuation $6.4B (Apr 2024). 19 investors in total: 19 institutional.

Investors in HashiCorp

HashiCorp has secured backing from 19 investors, including institutional and venture fund investors. Prominent investors backing the company include IBM, Bessemer Venture Partners and Franklin Templeton.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Growth in technology companies is supported through venture capital.
ivp.comMenlo Park, United States
Venture capital is invested in cybersecurity, fintech, and AI startups.
ggvc.comMenlo Park, United States
Mayfield is focused on AI innovation and venture capital investments.
mayfield.comMenlo Park, United States
Redpoint Ventures is engaged in venture capital investments.
redpoint.comWoodside, United States
Venture capital firm supporting AI founders through investments and community.
trueventures.com
Growth-stage tech investments are targeted in the US and Japan.
geodesiccap.comFoster City, United States
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
1911bvp.comRedwood City, United States
Early-to-growth-stage companies are funded by the venture capital firm.
notablecap.comMenlo Park, United States
Provider of investment management and real asset services
iconiqcapital.comSan Francisco, United States
Venture capital is invested in global technology companies by TCV.
tcv.comMenlo Park, United States
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Investor details for HashiCorp

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Board of directors of Hashicorp (India) Private Limited (HashiCorp)

Hashicorp (India) Private Limited is the primary company behind HashiCorp. The board of Hashicorp (India) Private Limited currently have 3 directors; the longest-serving is Arun Goel, appointed in 2022. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Arun Goel
DIN 09492024
Whole-time director07 Feb 20224 yrs 8 moHashicorp (India) Private Limited
Jayalakshmi Chandran
DIN 10799312
Director11 Jul 20251 yr 3 moHashicorp (India) Private Limited
Maya Arun Menon
DIN 11318932
Additional Director08 Dec 202510 moHashicorp (India) Private Limited

People of HashiCorp

356 people are tracked at HashiCorp (115 in leadership, 1 in board & advisors, 240 in team); the tracked headcount is 5,601.

NameRoleGroup
Mitchell Hashimoto
Co-FounderLeadership
Armon Dadgar
Co-Founder and CTOLeadership
Niharika Hubli
Chief Of Staff | Sr. Director, Business Operations & IntelligenceLeadership
Rebeca Vazquez Chao
Avp, Global Strategy Operations At Wwtfo & Managing Director, Madrid Global Tech HubLeadership
Brecca Hansen
Vice President Of America's Corporate SalesLeadership
Mandy Yeo
Partner Field Marketing - APJLeadership
Allie King
Senior Director, Global Sales Strategy, Planning, & OperationsLeadership
Arun G.
Head Of Finance, India Center Of ExcellenceLeadership
James Carpenter
Sales DirectorLeadership
Sebastian Weiss
Area VP DACHLeadership
Jun Wen du
Director Of AccountingLeadership
Daniel Hunt
Senior Director Of Professional ServicesLeadership
Kevin Jeon
Vice President, GTM Strategy And Revenue OperationsLeadership
Michael Duffey
Global Vice President Corporate SalesLeadership
Kenji Itoh
Director Of Sales, JapanLeadership
Matt Brown
Fed Civ Sales DirectorLeadership
Marcel Kalkman
Global Head Of Professional Services SalesLeadership
Carlos Pastor
Global Head Field, Partner And ABM MarketingLeadership
Chris van Wesep
Vice President MarketingLeadership
Nancy Tran
Sr. Executive Assistant To Chief Marketing Officer And Chief Legal OfficerLeadership

336 more people are available in the full profile.

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Financials of HashiCorp

Figures of Hashicorp (India) Private Limited, the primary company behind HashiCorp, for FY 2025. Revenue was ₹117 Cr (+52% year on year). Net profit was ₹9.90 Cr (8% margin). EBITDA was ₹16.76 Cr (14% margin). Revenue has grown at a compounded annual rate of +102% over three years.

  • ₹117 CrRevenue · FY 2025 · +52% YoY
  • ₹9.90 CrNet profit · 8% margin
  • ₹16.76 CrEBITDA · 14% margin
  • ₹5 LakhPaid-up capital
  • 136Employees (provident fund records)
  • +102%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Hashicorp (India) Private Limited are on its company page.

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Detailed financial statements for HashiCorp

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Investments & Acquisitions by HashiCorp

HashiCorp has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BluBracket.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Security solutions for application source code are provided.
blubracket.comPalo Alto, United States2018Jun 2023••••
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Timeline of HashiCorp

8 dated milestones of HashiCorp across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded HashiCorp is founded.
  2. Funding First funding round of $10.0M.
  3. Milestone Reaches Unicorn status.
  4. Funding Latest funding round, Series E, of $175.0M.
  5. IPO Lists on the stock exchange (IPO).
  6. Acquisition Acquires BluBracket.
  7. Exit Acquired by IBM.
  8. Exit Acquired by IBM.

Competitors of HashiCorp

HashiCorp has 3 listed competitors in our database, 3 of them funded. They include Cisco, Datadog and Aviatrix.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cisco.com1984San Jose, United States$2.5M708
AI and saas based cloud security solutions
datadoghq.com2010New York, United States$147.19M2,400
Cloud and application performance management platform is provided.
aviatrix.com2014Santa Clara, United States$346M314
Hybrid cloud integration software is developed for enterprise connectivity.
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Detailed competitors of HashiCorp

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Web traffic of HashiCorp

The website of HashiCorp (hashicorp.com) receives about 1.3M visits a month and ranks #44,658 among all websites worldwide, #5,428 in Programming and Developer Software.

  • Monthly visits
    1.3M

    ▼ 3.4% vs previous month

  • Unique visitors
    507.7K

    per month

  • Global rank
    #44,658

    among all websites

  • Category rank
    #5,428

    Computers Electronics and Technology · Programming and Developer Software

Similar websites

Websites whose visitors overlap most with HashiCorp. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
spacelift.io
100%
403.8K#134,506View details
terraform.io
terraform.io
82%
#47,482–
dev.to
80%
5.8M#14,867View details
consul.io
77%
View details
microsoft.com
75%
1.2B#33View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Cybersecurity & Data Protection

3 companies that operate in the same segment as HashiCorp (Cybersecurity & Data Protection) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud based website security solutions
2009San Francisco, California, United StatesUSD 332.1 MUSD 1.67 B7,330
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
Cloud-based identity management solutions are provided for enterprises.
2002Denver, Colorado, United StatesUSD 136.89 MUSD 36.94 M821
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Related news about Hashicorp

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Frequently Asked Questions about HashiCorp

HashiCorp was founded in 2012 and raised its 1st funding round 2 years after it was founded.

HashiCorp is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

HashiCorp is a funded company, having raised a total of $349M across 5 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Dec 2014.

HashiCorp has 5,601 employees.

The primary company behind HashiCorp, Hashicorp (India) Private Limited, reported revenue of ₹117 Cr for FY 2025, up 52% year on year.

HashiCorp was founded in 2012 in San Francisco, United States, focusing on the cloud infrastructure sector. AI-driven tools are provided for managing security across cloud environments. Elements within infrastructure are protected, inspected, and connected via these solutions. Access requests are authenticated and authorized in real time. Sessions are monitored, with termination options available as needed. Operations span global cloud services, supporting enterprise-level connectivity and oversight.

HashiCorp's top competitors include Datadog, Aviatrix and Cisco.

HashiCorp has made 1 acquisition, including BluBracket.

HashiCorp has 19 investors. Key investors include IBM, Bessemer Venture Partners, Franklin Templeton, Cisco Investments, and Greenspring Associates.

The valuation of HashiCorp is $6.4B as of Apr 2024.

HashiCorp operates through Hashicorp (India) Private Limited.

Yes. HashiCorp was acquired by IBM in April 2024.

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