About Ngrok
Ngrok is a company based in United States founded in 2013 by Alan Shreve.. Ngrok has raised $50 million across 1 funding round from investors including Lightspeed Venture Partners and Coatue. Ngrok offers products and services including API Gateway, Device Gateway, Kubernetes Operator, and Global Load Balancer. Ngrok operates in a competitive market with competitors including Styra, Cerbos, Stormpath, Permit.io and ZITADEL, among others.
- Headquarter United States
- Founders Alan Shreve
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ngrok, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$50 M (USD)
in 1 rounds
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Latest Funding Round
$50 M (USD), Series A
Dec 13, 2022
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Investors
Lightspeed Venture Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of Ngrok
Ngrok offers a comprehensive portfolio of products and services, including API Gateway, Device Gateway, Kubernetes Operator, and Global Load Balancer. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages secure API traffic with policies for authentication.
Standardizes connections for IoT devices in external networks.
Simplifies ingress and security for Kubernetes environments.
Routes traffic to nearest points for high availability.
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Funding Insights of Ngrok
Ngrok has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series A round of $50 million completed in December 2022. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $50.0M
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First Round
First Round
(13 Dec 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series A - Ngrok | Valuation | Lightspeed Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ngrok
Ngrok has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners and Coatue. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Provider of an investment platform for various stages
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ngrok
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ngrok
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ngrok Comparisons
Competitors of Ngrok
Ngrok operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Styra, Cerbos, Stormpath, Permit.io and ZITADEL, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Authorization and security solutions for cloud environments are provided.
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| domain | founded_year | HQ Location |
Frameworks for authorization in applications are provided by Cerbos.
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| domain | founded_year | HQ Location |
Authorization management solutions for web and mobile apps are provided.
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| domain | founded_year | HQ Location |
Cloud-based permissions and access control solutions for applications
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| domain | founded_year | HQ Location |
Open source identity management platform is provided for developers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ngrok
Frequently Asked Questions about Ngrok
When was Ngrok founded?
Ngrok was founded in 2013 and raised its 1st funding round 9 years after it was founded.
Where is Ngrok located?
Ngrok is headquartered in United States.
Is Ngrok a funded company?
Ngrok is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Series A of $50M, raised on Dec 13, 2022.
What does Ngrok do?
Ngrok was founded in 2013 in the United States as a software platform focused on developer tools. Authorization management is handled through an API that integrates security, connectivity, and observability into applications. Mobile app testing, webhook development, and website building are supported, along with tracking of developer activities. Operations center on enabling reliable software deployment for global users.
Who are the top competitors of Ngrok?
What products or services does Ngrok offer?
Ngrok offers API Gateway, Device Gateway, Kubernetes Operator, and Global Load Balancer.
Who are Ngrok's investors?
Ngrok has 2 investors. Key investors include Lightspeed Venture Partners, and Coatue.