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Snyk - About the company

Snyk is a series G company based in Boston (United States), founded in 2015 by Danny Grander and Assaf Hefetz. It operates as a Provider of a platform securing code, models, and agents in applications. Snyk has raised $1.32B in funding from investors like Accel, Boldstart Ventures and Tiger Global Management, with a current valuation of $8.5B. The company has 496 active competitors, including 87 funded and 56 that have exited. Its top competitors include companies like Checkmarx, Veracode and HackerOne.

Sectors and market segments that Snyk operate in

Snyk serves in the Native AI market segments.The primary business model of Snyk is:

Company Details

Provider of a platform securing code, models, and agents in applications. The platform offers tools for application security, software supply chain security, and fixing vulnerabilities. It provides resources such as a vulnerability database, security education, and documentation. The platform helps organizations secure development, reduce business risk, and accelerate software delivery.
Website
snyk.io
Social
XFacebook
Email ID
*****@snyk.io
Registered Address
Highlands House Basingstoke Road, Spencers Wood, Reading, Berkshire, England, RG7 1NT
Key Metrics
Founded Year
2015
Location
Boston, United States
Stage
Series G
Total Funding
$1.32B in 17 rounds
Latest Funding Round
Post Money Valuation
$8.5B as on Apr 10, 2024
Investors
Ranked
Annual Revenue
£147M as on Dec 31, 2022
Employee Count
1,207 as on Mar 31, 2026
Investment & Acquisitions
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Snyk's funding and investors

Snyk has raised a total funding of $1.32B over 17 rounds. Its first funding round was on Jan 06, 2016. Snyk has 56 institutional investors and 21 angel investors.

Here is the list of recent funding rounds of Snyk:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 10, 2024
$25M
Series G
$8.5B
19.8x
-
-
Jan 19, 2023
$25M
Series G
$6.43B
29.9x
-
Dec 12, 2022
$196M
Series G
$6.37B
33.4x
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Snyk's founders and board of directors

Founder? Claim Profile
The founders of Snyk are Danny Grander and Assaf Hefetz. Peter McKay is the CEO of Snyk.
Here are the details of Snyk's key team members:

Snyk's Board of Directors

Snyk's board has 9 active members. Guy Podjarny, Peter McKay, Michael Scarpelli, Tamar Yehoshua, Zachary Nelson and Kathleen Annala are part of team and Matthew Roberts, Philippe Laurent and Kenneth Fox are independent board members.
Here is the list of Snyk's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 8m
Team
-
Past
2y 2m
Team
-
Current
8y 10m
Team
-
Current
5y 0m
Team
-
Current
4y 9m
Team
-
Current
4y 1m
Team
-
Past
0y 0m
Investor
-
Current
4y 1m
Independent board member
-
Current
6y 7m
Independent board member
-
Current
7y 6m
Independent board member
-
Current
6y 3m
Independent board member
-
Current
1y 11m
Independent board member
-
Current
4y 5m
Independent board member
-
Current
1y 5m
Independent board member
-
Current
5y 0m

Snyk's employee count trend

Snyk has 1,207 employees as of Mar 26. Here is Snyk's employee count trend over the years:
Employee count trend for Snyk
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Snyk's Competitors and alternates

Top competitors of Snyk include Checkmarx, Veracode and HackerOne. Here is the list of Top 10 competitors of Snyk, 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 Checkmarx
Checkmarx
2006, Atlanta (United States), Acquired
Provider of application security platform unifying testing, monitoring, and remediation
$98.5M
75/100
3rd
Logo for Veracode
Veracode
2006, Burlington (United States), Acquired
Provider of application security solutions for identifying and resolving software flaws
$107M
74/100
4th
Logo for HackerOne
HackerOne
2012, San Francisco (United States), Series E
AI powered security testing platform
$159M
69/100
5th
Logo for Synack
Synack
2013, San Francisco (United States), Series D
Platform offering security testing solution
$112M
69/100
6th
Logo for Vulcan
Vulcan
2018, Tel Aviv (Israel), Acquired
Vulnerability remediation and devops security platform
$70M
69/100
7th
Logo for Cobalt
Cobalt
2013, San Francisco (United States), Series B
Provider of penetration testing as a service and offensive security
$36.6M
67/100
8th
Logo for Bugcrowd
Bugcrowd
2012, San Francisco (United States), Series E
Provider of crowdsourced security platform offering vulnerability disclosure and penetration testing
$184M
66/100
9th
Logo for Mend
Mend
2011, Boston (United States), Series D
Provider of application security platform securing code, open source, containers, and AI
$121M
64/100
10th
Logo for Detectify
Detectify
2013, Stockholm (Sweden), Acquired
Provider of attack surface management and dynamic application security testing solutions
$42.1M
64/100
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Snyk's Investments and acquisitions

Snyk has made 4 investments in companies including LogicStar and Climatiq. Snyk has also acquired 11 companies including Invariant Labs and Probely.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 24, 2025
Acquisition
2024
Zurich (Switzerland)
Feb 04, 2025
Investments
2024
Zurich (Switzerland)
Nov 12, 2024
Acquisition
2016
Lisbon (Portugal)
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See all investments and acquisitions by Snyk

Reports related to Snyk

Here is the latest report on Snyk's sector:

News related to Snyk

lockFilter this list
Media has covered Snyk for a total of 24 events in the last 1 year, 10 of them have been about company updates and 4 about partnerships.
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FAQs about Snyk

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