When was HashiCorp founded?

HashiCorp was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Where is HashiCorp located?

HashiCorp is headquartered in San Francisco, United States. It is registered at San Francisco, California.

How many employees does HashiCorp have?

As of Jul 31, 2026, the latest employee count at HashiCorp is 2262.

Is HashiCorp a funded company?

HashiCorp is a funded company, having raised a total of $349M across 5 funding rounds to date. The company's 1st funding round was a $10M Series A round, raised on Dec 10, 2014.

How much is HashiCorp worth?

The last known valuation of HashiCorp was $6.4B as of Apr 25, 2024.

When was the latest funding round of HashiCorp?

HashiCorp's latest funding was a $175M Series E round on Mar 16, 2020, with participation from 7 investors.

What is the annual revenue of HashiCorp?

Annual revenue of HashiCorp is between $500M and $1B as on Jan 31, 2024

Is HashiCorp a Open Source company?

The primary sectors of HashiCorp are Open Source, IT Operations, Cybersecurity and Cloud Infrastructure.

Where does HashiCorp rank among its competitors?

HashiCorp ranks 2nd amongst 384 active competitors, of which 87 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Exaforce, which secured $125M in May, 2026.

Who are the top competitors of HashiCorp?

HashiCorp's top competitors include Cisco, Forescout and A10 Networks. Among them, Exaforce secured the most recent funding round in May, 2026.

HashiCorp - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is HashiCorp an acquired company?

HashiCorp got acquired by IBM on Apr 25, 2024.

HashiCorp is an acquired company based in San Francisco (United States), founded in 2012 by Mitchell Hashimoto and Sam Terrell. It operates as an AI based cloud infrastructure management solutions. HashiCorp has raised $349M in funding from investors like Notable Capital, Redpoint Ventures and Mayfield, with last known valuation of $6.4B. The company has 384 active competitors, including 87 funded and 53 that have exited. Its top competitors include companies like Cisco, Forescout and A10 Networks.

Company Details

AI based cloud infrastructure management solutions. It offers security management solutions that allows users to protect, inspect, and connect elements across cloud infrastructure. The platform authenticates and authorizes access requests in real time. It allows users to monitor the access sessions with option to terminate in real time.

Website: hashicorp.com
Social
Email ID: *****@hashicorp.com
Phone Number: +1 **********
Registered Address: San Francisco, California

Key Metrics

Founded Year

2012

Location

San Francisco, United States

Stage

Acquired

Total Funding

$349M in 5 rounds

Latest Funding Round

Series E, Mar 16, 2020, $175M

Last Known Valuation

$6.4B as on Apr 25, 2024

Investors

Notable Capital & 19 more

Ranked

2^nd among 384 active competitors

Annual Revenue

$500M - $1B as on Jan 31, 2024

Employee Count

2,262 as on Jul 31, 2026

Investment & Acquisitions

BluBracket

Similar Companies

Cisco & 538 more

Exit Details

Acquired by IBM (Apr 25, 2024)

View HashiCorp's full profile

HashiCorp is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HASHICORP, INC. CIN: 1720671 , United States, Active	May 22, 2013	$500M - $1B (As on Jan 31, 2024)	2200 (As on Jan 31, 2024)	-
SERVICES A. CONSUL. CORP. a.s. CIN: 01879472 , Czech Republic, Active	Jul 23, 2013	-	-
HASHICORP (INDIA) PRIVATE LIMITED CIN: U72900DL2020PTC373997 , India, Active	Dec 02, 2020	₹100 - ₹500 Cr (As on Mar 31, 2025)	147 (As on Mar 31, 2024)
HASHICORP INC CIN: 320410665 , United States, Active	Dec 31, 1999	-	1468 (As on Dec 31, 2024)	-

HashiCorp got acquired by IBM on Apr 25, 2024 at an acquisition amount of $*****.

Click here to take a look at HashiCorp's acquisition in detail

HashiCorp has raised a total funding of $349M over 5 rounds. Its first funding round was on Dec 10, 2014. Its latest funding round was a Series E round on Mar 16, 2020 for $175M. 7 investors participated in its latest round. HashiCorp has 20 institutional investors.

Here is the list of recent funding rounds of HashiCorp:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 16, 2020	$175M	Series E	$2.15B	-	Franklin Templeton Investments	IVP, Mayfield, Redpoint Ventures, True Ventures, Geodesic Capital, Notable Capital
Nov 01, 2018	$100M	Series D	$1.9B	-	IVP, Bessemer Venture Partners, Mayfield, Redpoint Ventures, True Ventures, Notable Capital	-
Oct 25, 2017	$40M	Series C	-	-	Redpoint Ventures, Notable Capital	Mayfield, True Ventures

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View details of HashiCorp's funding rounds and investors

The founders of HashiCorp are Mitchell Hashimoto and Sam Terrell. David McJannet is the CEO of HashiCorp.

Here are the details of HashiCorp's key team members:

Mitchell Hashimoto: Co-Founder of HashiCorp and founder of 5 other companies, including Waypoint, Terraform and Vagrant. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Sam Terrell: Regional Vice President - Northeast Region of HashiCorp.
David McJannet: CEO of HashiCorp.
Contact Info: 1 email address

View details of HashiCorp's Founder profiles and Board Members

HashiCorp's employee count trend

HashiCorp has 2,262 employees as of Jul 26. Here is HashiCorp's employee count trend over the years:

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Top competitors of HashiCorp include Cisco, Forescout and A10 Networks. Here is the list of Top 10 competitors of HashiCorp, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cisco 1984, San Jose (United States), Public	Provider of AI infrastructure, secure networking, and software solutions	$2.5M	Western Technology Investment, Greyrock Investments ... & 34 others	83/100
2nd	HashiCorp 2012, San Francisco (United States), Acquired	AI based cloud infrastructure management solutions	$349M	Sprout Capital Partners, Founders Circle Capital ... & 18 others	74/100
3rd	Forescout 2000, San Jose (United States), Acquired	Provider of cybersecurity solutions for continuous threat exposure management and mitigation	$120M	Meritech, Pitango & 12 others	74/100
4th	A10 Networks 2004, United States, Public	Provider of application delivery, security, and centralized management and analytics solutions	$118M	Sprout Capital Partners, Summit Partners ... & 10 others	70/100
5th	Orca Security 2019, Portland (United States), Series C	Platform offering cloud security solutions for businesses	$640M	CapitalG, Redpoint Ventures & 19 others	70/100
6th	Level Blue 2002, Dallas (United States), Acquired	Network and cloud infrastructure security solutions provider	$55.6M	Industry Ventures, Covera Ventures & 8 others	66/100
7th	Exaforce 2023, San Jose (United States), Series B	Provider of an agentic security operations platform with AI capabilities	$263M	Khosla Ventures, Thomvest Ventures & 6 others	65/100
8th	Upwind 2022, San Francisco (United States), Series B	Provider of cloud security solutions for infrastructure and application protection	$430M	Craft Ventures, Bessemer Venture Partners ... & 13 others	64/100
9th	Sweet 2023, Tel Aviv (Israel), Series B	Cloud workload and runtime security solutions	$120M	Evolution Equity Partners, Glilot Capital Partners ... & 6 others	63/100
10th	Armor Defense 2009, Plano (United States), Series F	Provider of managed detection and response and cloud security solutions	$147M	ST Telemedia, Arizona Tech Investors & 4 others	63/100