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DepthFirst - About the company

DepthFirst is a series B company based in San Francisco (United States), founded in 2024 by Daniele Perito, Qasim Mithani and Andrea Michi. It operates as a Provider of an AI-native application security platform for software systems. DepthFirst has raised $120M in funding from Meritech and Accela, with a current valuation of $*****. The company has 124 active competitors, including 33 funded and 16 that have exited. Its top competitors include companies like Snyk, Veracode and Checkmarx.

Company Details

Provider of an AI-native application security platform for software systems. It analyzes repositories to understand system functionality, creating a unified view of code, infrastructure, and business logic. The platform identifies vulnerabilities, assesses impact, and filters out false positives. It also delivers ready-to-merge fixes aligned with development workflows. The platform integrates via API and learns from user feedback.
Key Metrics
Founded Year
2024
Location
San Francisco, United States
Stage
Series B
Total Funding
$120M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 16, 2026
Investors
Ranked
Employee Count
50 as on Jun 30, 2026
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DepthFirst's funding and investors

DepthFirst has raised a total funding of $120M over 2 rounds. Its first funding round was on Jan 14, 2026. Its latest funding round was a Series B round on Mar 31, 2026 for $*****. 8 investors participated in its latest round. DepthFirst has 10 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of DepthFirst:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 31, 2026
6379716
Series B
4513800
7482546
7451659
1285897
Jan 14, 2026
8512617
Series A
4281303
6937709
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DepthFirst's founders and board of directors

Founder? Claim Profile
The founders of DepthFirst are Daniele Perito, Qasim Mithani and Andrea Michi. Qasim Mithani is the CEO of DepthFirst.
Here are the details of DepthFirst's key team members:

DepthFirst's employee count trend

DepthFirst has 50 employees as of Jun 26. Here is DepthFirst's employee count trend over the years:
Employee count trend for DepthFirst
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DepthFirst's Competitors and alternates

Top competitors of DepthFirst include Snyk, Veracode and Checkmarx. Here is the list of Top 10 competitors of DepthFirst, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Snyk
Snyk
2015, Boston (United States), Series G
Provider of a platform securing code, models, and agents in applications
$1.32B
77/100
2nd
Logo for Veracode
Veracode
2006, Burlington (United States), Acquired
Provider of software security testing and automated code remediation tools
$107M
74/100
3rd
Logo for Checkmarx
Checkmarx
2006, Atlanta (United States), Acquired
Provider of application security platform unifying testing, monitoring, and remediation
$98.5M
73/100
4th
Logo for ArmorCode
ArmorCode
2020, Palo Alto (United States), Series B
AI powered application security solutions
$81M
63/100
5th
Logo for StackHawk
StackHawk
2019, Denver (United States), Series B
Cloud based security testing software
$47.4M
61/100
6th
Logo for Cycode
Cycode
2019, Tel Aviv (Israel), Series B
Cloud based application testing solutions
$81M
60/100
7th
Logo for Aikido
Aikido
2022, Ghent (Belgium), Series B
Platform offering cloud security software
$84.5M
60/100
8th
Logo for Lineaje
Lineaje
2021, San Francisco (United States), Series A
Provider of threat detection solutions
$27M
60/100
9th
Logo for Prophaze
Prophaze
2019, Milpitas (United States), Seed
Provider of web application and application programming interface security software
$110K
57/100
10th
Logo for Pathlock
Pathlock
2004, Flemington (United States), Series C
Access orchestration solutions provider
$220M
56/100
13th
Logo for DepthFirst
DepthFirst
2024, San Francisco (United States), Series B
Provider of an AI-native application security platform for software systems
$120M
51/100
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DepthFirst's Investments and acquisitions

DepthFirst has made no investments or acquisitions yet.

Reports related to DepthFirst

Here is the latest report on DepthFirst's sector:

News related to DepthFirst

Media has covered DepthFirst for a total of 5 events in the last 1 year, 1 of them has been about company updates.
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