Chainguard valuation, funding and investors
Chainguard works in open source software distribution, based in Kirkland, United States. Founded in 2021, it has about 766 employees.
- Last round
- Growth · $280M · Oct 2025
- Valuation at last round
- $3.11B · implied
- Headcount
- 766 · growing
- Grade
- B
- Founded
- 2021
Chainguard valuation today
VCMC values Chainguard at $3.6B today, with a range of $2.2B to $5.5B and a grade of B. The valuation starts from its last funding round, a growth round in Oct 2025.
Valuation by date (77 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2021 | $16.8M | $6.11M – $46.1M | $18.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2021 | $16.9M | $6.17M – $46.5M | $18.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2021 | $17.1M | $6.22M – $46.9M | $19.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2021 | $17.2M | $6.28M – $47.4M | $19.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2021 | $17.4M | $6.33M – $47.8M | $19.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2021 | $17.6M | $6.39M – $48.2M | $19.4M (+10%) | before first round | – | unknown | D | 0% |
| 1 Jul 2021 | $17.7M | $6.45M – $48.6M | $19.5M (+10%) | before first round | – | unknown | D | 0% |
| 1 Aug 2021 | $17.9M | $6.51M – $49.1M | $19.7M (+10%) | before first round | – | unknown | D | 0% |
| 1 Sep 2021 | $18.0M | $6.57M – $49.5M | $19.8M (+10%) | before first round | – | unknown | D | 0% |
| 1 Oct 2021 | $18.2M | $6.62M – $50.0M | $20.0M (+10%) | before first round | – | unknown | D | 0% |
| 1 Nov 2021 | $18.4M | $6.68M – $50.4M | $20.1M (+10%) | before first round | – | unknown | D | 0% |
| 1 Dec 2021 | $18.5M | $6.74M – $50.9M | $20.3M (+9%) | before first round | – | unknown | D | 0% |
| 9 Dec 2021 | $27.8M | $18.3M – $84.6M | $55.6M (+100%) | after a round | – | unknown | C | 0% |
| 1 Jan 2022 | $29.1M | $18.3M – $84.6M | $55.6M (+91%) | after a round | – | unknown | C | 0% |
| 1 Feb 2022 | $30.8M | $18.3M – $84.6M | $55.6M (+80%) | after a round | – | unknown | C | 0% |
| 1 Mar 2022 | $32.5M | $18.3M – $84.6M | $55.6M (+71%) | after a round | 19 | unknown | C | 0% |
| 1 Apr 2022 | $34.5M | $18.3M – $84.6M | $55.6M (+61%) | after a round | 19 | unknown | C | 0% |
| 1 May 2022 | $36.5M | $18.3M – $84.6M | $55.6M (+52%) | after a round | 19 | unknown | C | 0% |
| 1 Jun 2022 | $38.7M | $18.3M – $84.6M | $55.6M (+43%) | after a round | 19 | unknown | C | 0% |
| 3 Jun 2022 | $142M | $99.6M – $361M | $254M (+80%) | after a round | 19 | unknown | C | 0% |
| 1 Jul 2022 | $148M | $99.6M – $361M | $254M (+72%) | after a round | 19 | unknown | C | 0% |
| 1 Aug 2022 | $156M | $99.6M – $361M | $254M (+63%) | after a round | 19 | unknown | C | 0% |
| 1 Sep 2022 | $164M | $99.6M – $361M | $254M (+55%) | after a round | 19 | unknown | C | 0% |
| 1 Oct 2022 | $172M | $99.6M – $361M | $254M (+48%) | after a round | 19 | unknown | C | 0% |
| 1 Nov 2022 | $181M | $99.6M – $361M | $254M (+41%) | after a round | 19 | unknown | C | 0% |
| 1 Dec 2022 | $189M | $99.6M – $361M | $254M (+34%) | after a round | 19 | unknown | C | 0% |
| 1 Jan 2023 | $230M | $127M – $462M | $325M (+42%) | after a round | 58 | growing | C | 0% |
| 1 Feb 2023 | $247M | $127M – $462M | $325M (+32%) | after a round | 58 | growing | C | 0% |
| 1 Mar 2023 | $263M | $127M – $462M | $325M (+24%) | after a round | 58 | growing | C | 0% |
| 1 Apr 2023 | $282M | $127M – $462M | $325M (+15%) | after a round | 58 | growing | C | 0% |
| 1 May 2023 | $302M | $127M – $462M | $325M (+8%) | after a round | 58 | growing | C | 0% |
| 1 Jun 2023 | $324M | $127M – $462M | $325M (0%) | after a round | 58 | growing | C | 0% |
| 1 Jul 2023 | $325M | $129M – $462M | $325M (0%) | after a round | 58 | growing | C | 0% |
| 1 Aug 2023 | $325M | $131M – $462M | $325M (0%) | after a round | 58 | growing | C | 0% |
| 1 Sep 2023 | $325M | $133M – $462M | $325M (0%) | after a round | 58 | growing | C | 0% |
| 1 Oct 2023 | $357M | $148M – $506M | $357M (0%) | after a round | 88 | growing | C | 0% |
| 1 Nov 2023 | $413M | $291M – $880M | $620M (+50%) | after a round | 88 | growing | B | 0% |
| 2 Nov 2023 | $414M | $291M – $880M | $620M (+50%) | after a round | 88 | growing | B | 0% |
| 1 Dec 2023 | $427M | $291M – $880M | $620M (+45%) | after a round | 88 | growing | B | 0% |
| 1 Jan 2024 | $442M | $291M – $880M | $620M (+40%) | after a round | 88 | growing | B | 0% |
| 1 Feb 2024 | $463M | $306M – $924M | $651M (+41%) | after a round | 110 | growing | B | 0% |
| 1 Mar 2024 | $486M | $317M – $958M | $675M (+39%) | after a round | 130 | growing | B | 0% |
| 1 Apr 2024 | $507M | $317M – $958M | $675M (+33%) | after a round | 130 | growing | B | 0% |
| 1 May 2024 | $528M | $317M – $958M | $675M (+28%) | after a round | 130 | growing | B | 0% |
| 1 Jun 2024 | $550M | $317M – $958M | $675M (+23%) | after a round | 130 | growing | B | 0% |
| 1 Jul 2024 | $573M | $317M – $958M | $675M (+18%) | after a round | 130 | growing | B | 0% |
| 26 Jul 2024 | $1.1B | $974M – $1.7B | $1.5B (+30%) | after a round | 130 | growing | A | 0% |
| 1 Aug 2024 | $1.1B | $974M – $1.7B | $1.5B (+29%) | after a round | 170 | growing | A | 0% |
| 1 Sep 2024 | $1.2B | $974M – $1.7B | $1.5B (+26%) | after a round | 170 | growing | A | 0% |
| 1 Oct 2024 | $1.2B | $974M – $1.7B | $1.5B (+24%) | after a round | 170 | growing | A | 0% |
| 1 Nov 2024 | $1.2B | $974M – $1.8B | $1.6B (+29%) | after a round | 250 | growing | B | 0% |
| 1 Dec 2024 | $1.3B | $974M – $1.8B | $1.6B (+25%) | after a round | 250 | growing | B | 0% |
| 1 Jan 2025 | $1.3B | $974M – $1.8B | $1.6B (+22%) | after a round | 250 | growing | B | 0% |
| 1 Feb 2025 | $1.3B | $974M – $1.8B | $1.6B (+18%) | after a round | 250 | growing | B | 0% |
| 1 Mar 2025 | $1.4B | $974M – $1.8B | $1.6B (+15%) | after a round | 250 | growing | B | 0% |
| 1 Apr 2025 | $1.4B | $974M – $1.8B | $1.6B (+12%) | after a round | 250 | growing | B | 0% |
| 24 Apr 2025 | $3.5B | $3.0B – $5.2B | $4.6B (+30%) | after a round | 250 | growing | A | 0% |
| 1 May 2025 | $3.5B | $3.0B – $5.2B | $4.6B (+29%) | after a round | 250 | growing | A | 0% |
| 1 Jun 2025 | $3.6B | $3.0B – $5.2B | $4.6B (+26%) | after a round | 250 | growing | A | 0% |
| 1 Jul 2025 | $3.7B | $3.0B – $5.2B | $4.6B (+24%) | after a round | 515 | growing | A | 0% |
| 1 Aug 2025 | $3.8B | $3.0B – $5.3B | $4.6B (+22%) | after a round | 546 | growing | A | 0% |
| 1 Sep 2025 | $3.9B | $3.0B – $5.4B | $4.7B (+20%) | after a round | 573 | growing | A | 0% |
| 1 Oct 2025 | $4.0B | $3.0B – $5.4B | $4.7B (+17%) | after a round | 573 | growing | A | 0% |
| 24 Oct 2025 | $3.1B | $2.0B – $5.2B | $3.4B (+10%) | after a round | 573 | growing | B | 0% |
| 1 Nov 2025 | $3.1B | $2.0B – $5.2B | $3.4B (+10%) | after a round | 587 | growing | B | 0% |
| 1 Dec 2025 | $3.1B | $2.1B – $5.3B | $3.5B (+11%) | after a round | 640 | growing | B | 0% |
| 1 Jan 2026 | $3.2B | $2.1B – $5.3B | $3.5B (+10%) | after a round | 640 | growing | B | 0% |
| 1 Feb 2026 | $3.2B | $2.1B – $5.3B | $3.5B (+9%) | after a round | 640 | growing | B | 0% |
| 1 Mar 2026 | $3.3B | $2.1B – $5.4B | $3.5B (+8%) | after a round | 669 | growing | B | 0% |
| 1 Apr 2026 | $3.3B | $2.1B – $5.4B | $3.5B (+7%) | after a round | 669 | growing | B | 0% |
| 1 May 2026 | $3.3B | $2.1B – $5.4B | $3.6B (+7%) | after a round | 698 | growing | B | 0% |
| 1 Jun 2026 | $3.4B | $2.1B – $5.4B | $3.6B (+5%) | after a round | 698 | growing | B | 0% |
| 1 Jul 2026 | $3.4B | $2.1B – $5.4B | $3.6B (+4%) | after a round | 698 | growing | B | 0% |
| 1 Aug 2026 | $3.5B | $2.1B – $5.4B | $3.6B (+3%) | after a round | 720 | growing | B | 0% |
| 1 Sep 2026 | $3.5B | $2.1B – $5.4B | $3.6B (+2%) | after a round | 720 | growing | B | 0% |
| 1 Oct 2026 | $3.6B | $2.2B – $5.5B | $3.6B (+1%) | after a round | 766 | growing | B | 0% |
| 24 Oct 2026 | $3.6B | $2.2B – $5.5B | $3.6B (0%) | after a round | 766 | growing | B | 0% |
Key facts about Chainguard
- Founded
- 2021
- Headquarters
- Kirkland, United States
- Employees
- about 766 +34% in a year
- Total raised
- $892M
- Funding rounds
- 6
- Last round
- Growth Equity Oct 2025
Chainguard was founded in 2021 by Dan Lorenc, Kim Lewandowski, Matt Moore, Scott Nichols and Ville Aikas.
Chainguard funding history
Chainguard has 6 funding rounds on record, from Dec 2021 to Oct 2025, $892M in total. The latest disclosed valuation is $3.50B post-money (Series D, Apr 2025).
Growth Equity 23 Oct 2025
Led by General Catalyst.
Sources: prnewswire.com, geekwire.com, securityweek.com and 1 more
$280M
Series D 23 Apr 2025
Led by Kleiner Perkins, Institutional Venture Partners; with Salesforce Ventures, Datadog Ventures, Sequoia Capital, Spark Capital, Amplify Partners, Redpoint Ventures, Lightspeed Venture Partners, Mantis VC, Windproof Partners.
Sources: chainguard.dev
$356M
$3.50B post-money
Series C 25 Jul 2024
Led by Redpoint Ventures, Lightspeed Venture Partners, Institutional Venture Partners; with Amplify Partners, Mantis VC, Sequoia Capital, Spark Capital.
Sources: chainguard.dev, geekwire.com, prnewswire.com and 1 more
$140M
$1.12B post-money
Series B 1 Nov 2023
Led by Spark Capital; with Sequoia Capital, Amplify Partners, Mantis VC, Banana Capital.
Sources: chainguard.dev, prnewswire.com, securityweek.com and 1 more
$61M
Series A 2 Jun 2022
Led by Sequoia Capital; with Amplify Partners, Mantis VC, LiveOak, Banana Capital, K5/JPMC.
Sources: chainguard.dev, prnewswire.com
$50M
$5.0M
Chainguard investors
17 investors have backed Chainguard; Sequoia Capital, Amplify Partners and Spark Capital and 6 more led at least one round.
- Sequoia Capital lead, 4 rounds
- Amplify Partners lead, 3 rounds
- Spark Capital lead, 3 rounds
- Institutional Venture Partners lead, 2 rounds
- Lightspeed Venture Partners lead, 2 rounds
- Redpoint Ventures lead, 2 rounds
- General Catalyst lead
- Institutional Venture Partners lead
- Kleiner Perkins lead
- Datadog Ventures
- K5/JPMC
- Salesforce Ventures
What Chainguard does
Chainguard works in tech companies, with 15 recorded offerings and customers in enterprise and government.
Chainguard, Inc. is an American software company engaged in providing secure-by-default open source software solutions for software development and deployment. The company offers products such as containers, libraries, and virtual machines, with a focus on security, compliance, and efficiency. Chainguard serves enterprises, startups, and government organizations, and its solutions are designed to be scalable and adaptable to various industries. The company also provides CVE remediation and SLSA L2 hardened infrastructure, and integrates with partners and systems to support its offerings.
Description from Veridion's company data.
Products and services
- Open Source Software Distribution
- Container Image Distribution
- Container Library Distribution
- Container VM Distribution
- Hardened Infrastructure Deployment
- CVE Remediation Services
- Security Compliance Consulting
- Security Practices Enforcement
- Customized Security Solution Development
- Security Integration Services
- Scalable Security Solution Deployment
- Industry-Specific Security Solution Development
- Security Risk Reduction Services
- Security Engineering Services
- Security Partner Integration Services
Markets
- Enterprise
- Government
Business model
- Business-to-Business
- Software-as-a-Service
- Enterprise
Industry codes (NAICS)
- 513210 Software Publishers 100% match
Questions about Chainguard
What is Chainguard worth?
Valuation $3.6B (range $2.2B to $5.5B), as of 24 Oct 2026. The last disclosed valuation was $3.50B (Series D, Apr 2025).
Has Chainguard raised money?
Chainguard has 6 funding rounds on record, from Dec 2021 to Oct 2025, $892M in total. The latest disclosed valuation is $3.50B post-money (Series D, Apr 2025).
Who has invested in Chainguard?
Sequoia Capital, Amplify Partners, Spark Capital, Institutional Venture Partners, Lightspeed Venture Partners and Redpoint Ventures, and 11 more. Lead investors include Sequoia Capital, Amplify Partners, Spark Capital and Institutional Venture Partners.
How many people work at Chainguard?
About 766, up 34% over the last year. Headcount grew from 19 in Mar 2022 to 766 in Sep 2026.
What does Chainguard do?
Chainguard works in tech companies, with 15 recorded offerings and customers in enterprise and government. Its main offerings are open source software distribution, container image distribution and container library distribution.
When was Chainguard founded, and where is it based?
Chainguard was founded in 2021 and is based in Kirkland, United States. It has about 766 employees, up 34% over the last year.