About Snyk
Snyk is a company based in Boston (United States) founded in 2015 by Assaf Hefetz and Guy Podjarny.. Snyk has raised $1.32 billion across 17 funding rounds from investors including Atlassian, ServiceNow and Accel. Snyk has completed 11 acquisitions, including DeepCode, DevSecCon and Enso Security. Snyk operates in a competitive market with competitors including Checkmarx, Bugcrowd, Synack, Veracode and WhiteHat Security, among others.
- Headquarter Boston, United States
- Founders Assaf Hefetz, Guy Podjarny
- Stage Unicorn
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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
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Software Development Team
167 people
Sales and Marketing
40 people
Leadership Team
25 people
Finance and Accounting
15 people
Senior Team
14 people
Human Resources and Administration
12 people
Legal and Compliance
7 people
Board Team
5 people
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Funding Insights of Snyk
Snyk has successfully raised a total of $1.32B across 17 strategic funding rounds. The most recent funding activity was a Series G round of $25 million completed in April 2024. 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 17
- Last Round Series G — $25.0M
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First Round
First Round
(06 Jan 2016)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Series G - Snyk | Valuation |
investors |
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| Jan, 2023 | Amount | Series G - Snyk | Valuation | ServiceNow |
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| Dec, 2022 | Amount | Series G - Snyk | Valuation | Qatar Investment Authority |
| 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 Snyk
Snyk has secured backing from 35 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Atlassian, ServiceNow and Accel. 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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Growth-stage tech companies are funded by this venture capital firm.
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Growth-stage technology companies are funded via primary and secondary investments.
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Venture capital firm focused on crypto infra, and SaaS companies
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Snyk
Snyk has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include DeepCode, DevSecCon and Enso Security. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Open-source analysis tool to fix bugs and vulnerabilities in AI agents
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2024 | ||||
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Distributed app testing software is provided for infrastructure validation.
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2021 | ||||
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Application security management platform is provided for risk assessment.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Snyk
| 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 |
Snyk Comparisons
Competitors of Snyk
Snyk 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 Checkmarx, Bugcrowd, Synack, Veracode and WhiteHat Security, 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 |
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| domain | founded_year | HQ Location |
Security testing software is provided for code vulnerability detection.
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| domain | founded_year | HQ Location |
Crowdsourced penetration testing for web applications is provided.
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| domain | founded_year | HQ Location |
Crowdsourced vulnerability discovery and security testing are provided via platform.
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| domain | founded_year | HQ Location |
AI-powered testing software for securing applications is offered.
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| domain | founded_year | HQ Location |
Web application security testing and vulnerability management are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Snyk
Frequently Asked Questions about Snyk
When was Snyk founded?
Snyk was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Snyk located?
Snyk is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Snyk?
Peter McKay is the current CEO of Snyk.
Is Snyk a funded company?
Snyk is a funded company, having raised a total of $1.32B across 17 funding rounds to date. The company's 1st funding round was a Series G of $196.5M, raised on Jan 06, 2016.
What does Snyk do?
Snyk was founded in 2015 and is headquartered in Boston, United States. A cloud-based platform is provided for developer security, integrating into tools, workflows, and pipelines to identify and remediate vulnerabilities. Custom code, open source dependencies, containers, and cloud infrastructure are secured. Pricing plans are offered for organizations of varying sizes in the application security sector.
Who are the top competitors of Snyk?
How many acquisitions has Snyk made?
Snyk has made 11 acquisitions, including DeepCode, DevSecCon, and Enso Security.
Who are Snyk's investors?
Snyk has 35 investors. Key investors include Atlassian, ServiceNow, Accel, BlackRock, and T. Rowe Price.
What is Snyk's valuation?
The valuation of Snyk is $6.4B as of Jan 2023.
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