About Synack
Synack is a company based in San Francisco (United States) founded in 2013 by Mark Kuhr and Jay Kaplan.. Synack has raised $107.58 million across 6 funding rounds from investors including Hewlett Packard Enterprise, Kleiner Perkins and Singtel. The company has 182 employees as of December 31, 2022. Synack offers products and services including Synack Platform, Penetration Testing as a Service (PTaaS), and Attack Surface Management. Synack operates in a competitive market with competitors including Checkmarx, Applause, Snyk, Bugcrowd and Veracode, among others.
- Headquarter San Francisco, United States
- Employees 182 as on 31 Dec, 2022
- Founders Mark Kuhr, Jay Kaplan
- Stage Minicorn
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$107.58 M (USD)
in 6 rounds
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Latest Funding Round
$52 M (USD), Series D
May 28, 2020
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Investors
Hewlett Packard Enterprise
& 17 more
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Employee Count
182
as on Dec 31, 2022
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Products & Services of Synack
Synack offers a comprehensive portfolio of products and services, including Synack Platform, Penetration Testing as a Service (PTaaS), and Attack Surface Management. 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.
Offers continuous penetration testing for vulnerability discovery and risk management.
Combines automation and human experts for ongoing risk reduction.
Identifies and analyzes assets to mitigate security threats.
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Software Development Team
31 people
Sales and Marketing
5 people
Product Management Team
4 people
Leadership Team
2 people
Human Resources and Administration
2 people
Manager Team
2 people
Legal and Compliance
2 people
Business Team
2 people
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Funding Insights of Synack
Synack has successfully raised a total of $107.58M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $52 million completed in May 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 Total Funding
- Total Rounds 6
- Last Round Series D — $52.0M
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First Round
First Round
(25 Feb 2013)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Series D - Synack | Valuation | C5 Capital , B Capital | |
| Apr, 2017 | Amount | Series C - Synack | Valuation | M12 | |
| Feb, 2015 | Amount | Series B - Synack | Valuation | GGV Capital , Icon Ventures |
| 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 Synack
Synack has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Hewlett Packard Enterprise, Kleiner Perkins and Singtel. 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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Tech-focused VC firm investing in Europe, the Middle East & Africa
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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 | |
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Sector-agnostic growth stage VC investment company funding companies in the US and Asia
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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 Synack
| 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 - Synack
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Synack Comparisons
Competitors of Synack
Synack 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, Applause, Snyk, Bugcrowd and Veracode, 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 |
Security testing software is provided for code vulnerability detection.
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Crowdsourced testing platforms are offered for software quality assurance.
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Application security is delivered via a cloud-based developer platform.
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Crowdsourced penetration testing for web applications is provided.
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AI-powered testing software for securing applications is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Synack
Frequently Asked Questions about Synack
When was Synack founded?
Synack was founded in 2013.
Where is Synack located?
Synack is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Synack?
Jay Kaplan is the current CEO of Synack. They have also founded this company.
Is Synack a funded company?
Synack is a funded company, having raised a total of $107.58M across 6 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Feb 25, 2013.
How many employees does Synack have?
As of Dec 31, 2022, the latest employee count at Synack is 182.
What does Synack do?
Synack was founded in 2013 in San Francisco, United States, within the cybersecurity sector. A platform is operated to deliver crowdsourced vulnerability discovery and continuous security testing. AI is leveraged for assessments on mobile, web, APIs, and cloud assets. Services encompass patch verification, reporting, and vulnerability evaluation, supporting organizations in identifying and addressing security risks.
Who are the top competitors of Synack?
What products or services does Synack offer?
Synack offers Synack Platform, Penetration Testing as a Service (PTaaS), and Attack Surface Management.
Who are Synack's investors?
Synack has 18 investors. Key investors include Hewlett Packard Enterprise, Kleiner Perkins, Singtel, Icon Ventures, and Techstars.
What is Synack's valuation?
The valuation of Synack is $500M as of May 2020.
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