About Snyk
Snyk is a Technology company based in Halifax (Canada) founded in 2016, and was acquired by Snyk in January 2021. Snyk is focused on developer-first cloud native application security. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. Snyk has raised $15 million across 1 funding round from investors including Snyk, OMERS Ventures and Boldstart Ventures. The company was acqui-hired. Snyk offers products and services including Snyk Code, Snyk Open Source, Snyk Container, Snyk IaC, and Snyk API & Web. Its focus areas include Software and Application Security. Its legal entity is Snyk Limited. Its competitors include RapidAPI, Mashape, PowerAPI, Chenosis and IndiaStack and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Snyk is engaged in providing a cloud native application security platform. The company empowers developers to integrate security seamlessly into their workflows across code, open source, containers, and infrastructure as code. Solutions are offered to secure AI-generated code, mitigate software supply chain risks, and address zero-day vulnerabilities. Comprehensive vulnerability data and developer security education are also provided to enhance application security practices in various sectors.
Products & Services of Snyk
Snyk offers a comprehensive portfolio of products and services, including Snyk Code, Snyk Open Source, Snyk Container, Snyk IaC, and Snyk API & Web.
Code security is provided during development process stages.
Vulnerable dependencies are identified and avoided with precision.
Base images are secured against potential security threats.
Infrastructure misconfigurations are fixed directly in the code.
APIs and web apps are tested for vulnerabilities.
Apps and channels of Snyk
its YouTube channel Snyk has 12.6K subscribers and 30 videos.
Videos from Snyk
The most watched videos on Snyk's YouTube channel, Snyk (12.6K subscribers). Click a video to play it here.
More on Snyk.
Funding Insights of Snyk
Snyk has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series A round of $15 million completed in September 2017. 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 $15M
- Total Rounds 1
- Last Round Series A — $15M
- First Round $15M
(Sep 2017)
- Investors Count 11
All 1 funding rounds of Snyk with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2017 | $15M | Series A | – | OMERS |
12 investors in total: 7 institutional and 5 angel.
Investors in Snyk
Snyk has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Snyk, OMERS Ventures and Boldstart Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage technology-driven companies are targeted for venture capital investments. | – | omersventures.com | Toronto, Canada | |
Venture capital firm focused on crypto infra, and SaaS companies | – | boldstart.vc | Miami, United States | |
Early-stage investments are provided to mission-driven technology founders. | – | versionone.vc | - | |
Technical founders are supported through early-stage venture capital investments. | – | amplifypartners.com | Menlo Park, United States | |
Early stage capital is provided to Atlantic Canadian technology companies by Build Ventures. | – | buildventures.ca | Canada | |
Investments in tech startups are made by Leaders Fund. | – | leaders.vc | Toronto, Canada | |
Application security is delivered via a cloud-based developer platform. | 2015 | snyk.io | Boston, United States | |
AB Alex Bard | Angel investor and entrepreneur, ex-Salesforce, focused on SaaS and tech startups. | – | unknown_6bfd7c99b5bd4ef2a | - |
DD Daniel Debow | Canadian entrepreneur, angel investor, co-founder of Helpful.com, active in Indian startups | – | unknown_f28c59340a2f4a319 | - |
MW Matt Wyndowe | Angel investor, ex-Uber product leader, focused on Indian startups | – | unknown_6b107beb022c44b7a | - |
Investor details for Snyk
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Timeline of Snyk
3 dated milestones of Snyk across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Snyk is founded.
- Funding First funding round of $15.0M.
- Exit Acquired by Snyk.
Competitors of Snyk
Snyk has 9 listed competitors in our database, 3 of them funded. They include RapidAPI, Mashape, PowerAPI, Chenosis and IndiaStack, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rapidapi.com | 2014 | Tel Aviv, Israel | $272.5M | – | Platform offering API hubs | |
| mashape.com | 2010 | San Francisco, United States | $26.3M | 211 | API marketplace is operated for discovery and distribution by developers. | |
| powerapi.com | 2018 | Geneva, Switzerland | $7.5M | – | API marketplace platform for enterprises | |
| chenosis.io | 2020 | Randburg, South Africa | – | – | Provides comprehensive solutions for API marketplaces. | |
| indiastack.org | 2015 | Ghaziabad, India | – | – | Open APIs for digital identity, payments, and data sharing in India. | |
| codugh.com | 2019 | – | – | – | Platform for developers to monetize APIs and foster innovation. | |
| openapi.it | 2017 | Romana, Italy | – | – | Offers cloud-based solutions for API services integration. | |
| honeycomb-labs.com | 2019 | San Francisco, United States | – | – | Technology research and development is conducted in San Francisco. | |
| askmacgyver.com | 2015 | United States | – | – | Delivers an API marketplace with comprehensive solutions for developers. |
Detailed competitors of Snyk
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Verified entity values are shown only after access is granted.
Top companies in API Management
10 companies that operate in the same segment as Snyk (API Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
API management software is provided for lifecycle development and monitoring. | 2004 | Alameda, California, United States | USD 45 M | – | – | |
Cloud-based API management and integration solutions are offered. | 2006 | San Francisco, California, United States | USD 259.35 M | – | 1,053 | |
Cloud-based API security is delivered via distributed tracing and analytics. | 2018 | San Francisco, California, United States | USD 110.25 M | – | – | |
Platform offering API hubs | 2014 | Tel Aviv, Tel Aviv, Israel | USD 272.5 M | – | 341 | |
Cloud-based robotic process automation software is developed and provided. | 2005 | Bucharest, Romania | USD 1.96 B | USD 1.61 B | 3,868 | |
Kong Inc. is recognized for providing a unified API platform. | 2009 | San Francisco, California, United States | USD 345 M | – | 1,085 | |
API design, testing, and management platform is developed for teams. | 2014 | San Francisco, California, United States | USD 433.98 M | – | 273 | |
API security is provided through AI-driven detection and protection. | 2016 | Palo Alto, California, United States | USD 280.86 M | – | 207 | |
API integration solutions are facilitated via a workflow platform. | 2019 | Los Angeles, California, United States | USD 21 M | – | – | |
API testing and monitoring tools are provided for developers. | 2016 | San Francisco, California, United States | USD 15.5 M | – | 9 |
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Related news about Snyk
Complete news archive for Snyk
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Frequently Asked Questions about Snyk
Snyk was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Snyk is headquartered in Halifax, Canada. It is registered at Halifax, Nova Scotia, Canada.
Snyk is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Series A of $15M, raised on Sep 2017.
Snyk is engaged in providing a cloud native application security platform. The company empowers developers to integrate security seamlessly into their workflows across code, open source, containers, and infrastructure as code. Solutions are offered to secure AI-generated code, mitigate software supply chain risks, and address zero-day vulnerabilities. Comprehensive vulnerability data and developer security education are also provided to enhance application security practices in various sectors.
Snyk's top competitors include RapidAPI, Mashape and IndiaStack.
Snyk offers Snyk Code, Snyk Open Source, Snyk Container, Snyk IaC, and Snyk API & Web.
Snyk has 12 investors. Key investors include Snyk, OMERS Ventures, Boldstart Ventures, Version One Ventures, and Amplify Partners.
Snyk operates through Snyk Limited.
Yes. Snyk was acquired by Snyk in January 2021.