Funding round
Chainguard Seed
Chainguard, which works in open source software distribution in Kirkland, raised $5.0M in a Seed round announced on 8 Dec 2021, led by Amplify Partners. 1 firm took part. It is Chainguard's first venture round on record.
$5.0M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Chainguard did not disclose a valuation in this round. It is Chainguard's first venture round on record, in the year it was founded (2021). It is under 1% of the $892M Chainguard has raised in the venture rounds on record. Chainguard raised again 6 months later: a Series A round of $50M in Jun 2022. Its next priced round, a Series C in Jul 2024, valued it at $1.12B.
Chainguard's funding rounds
Chainguard has 6 venture rounds on record. This one is highlighted.
- Seed this round 8 Dec 2021, led by Amplify Partners $5.0M
- Series A 2 Jun 2022, led by Sequoia Capital $50M
- Series B 1 Nov 2023, led by Spark Capital $61M
- Series C 25 Jul 2024, led by Redpoint Ventures, Lightspeed Venture Partners and Institutional Venture Partners $140M$1.12B post-money
- Series D 23 Apr 2025, led by Kleiner Perkins and Institutional Venture Partners $356M$3.50B post-money
- Growth 23 Oct 2025, led by General Catalyst $280M
Investors
Who put money in
Amplify Partners led the round.
Lead investor
- Amplify Partners new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, scaling operations and working capital.
- Hiring
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
2,506 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $3.1M, and this round was 1.6 times the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Dec 2021 | $43M | not disclosed | not named |
| Tech Companies | 21 Dec 2021 | $20M | not disclosed | not named |
| Tech Companies | 14 Dec 2021 | $18M | not disclosed | not named |
| Tech Companies | 1 Dec 2021 | $15M | not disclosed | Rapyd Ventures |
| Tech Companies | 10 Dec 2021 | $15M | not disclosed | Yield Guild Games |
| Tech Companies | 6 Dec 2021 | $13M | not disclosed | not named |
| Tech Companies | 13 Dec 2021 | $12M | not disclosed | MizMaa Ventures |
| Tech Companies | 9 Dec 2021 | $11M | not disclosed | Molten Ventures |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Chainguard raise in its Seed round?
Chainguard raised $5.0M in its Seed round, announced in Dec 2021.
Who led Chainguard's Seed round?
Amplify Partners led it.
What was Chainguard's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
2,506 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $3.1M, and this round was 1.6 times the median.
Did Chainguard raise again after this round?
Yes: a Series A round in Jun 2022 of $50M.