Funding round
Snyk Seed
Snyk, which works in AI-Driven security platform development in Boston, raised $3.0M in a Seed round announced on 1 Jan 2016. 1 firm took part. It is Snyk's first venture round on record.
$3.0M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Snyk did not disclose a valuation in this round. It is Snyk's first venture round on record, 1 year after it was founded in 2015. It is under 1% of the $1.48B Snyk has raised in the venture rounds on record. Snyk raised again 26 months later: a Series A round of $7.0M in Mar 2018. Its next priced round, a Growth in Jan 2020, valued it at $1.00B.
Snyk's funding rounds
Snyk has 9 venture rounds on record. This one is highlighted.
- Seed this round 1 Jan 2016 $3.0M
- Series A 6 Mar 2018, led by Boldstart Ventures and Canaan $7.0M
- Series B 25 Sep 2018, led by Accel $22M
- Growth 10 Sep 2019, led by Accel $70M
- Growth 21 Jan 2020, led by Stripes $150M$1.00B post-money
- Series D 9 Sep 2020, led by Addition $200M$2.60B post-money
- Series E 10 Mar 2021, led by Accel and Tiger Global $300M$4.70B post-money
- Series F 9 Sep 2021, led by Sands Capital and Tiger Global $530M$8.50B post-money
- Series G 13 Dec 2022, led by Qatar Investment Authority $197M$7.40B post-money
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- backs 55 venture-backed companies new investor
Comparable rounds
How it compares
397 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.5M, and this round was 2.0 times the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 28 Jan 2016 | $4.0M | not disclosed | not named |
| Tech Companies | 1 Jan 2016 | $4.0M | not disclosed | not named |
| Tech Companies | 1 Jan 2016 | $3.8M | $13M | not named |
| Tech Companies | 1 Jan 2016 | $3.5M | not disclosed | August Capital |
| Tech Companies | 1 Jan 2016 | $3.2M | not disclosed | not named |
| Tech Companies | 20 Jan 2016 | $3.2M | not disclosed | BonAngels |
| Tech Companies | 10 Jan 2016 | $3.2M | $9.1M | Matrix Capital Management |
| Tech Companies | 25 Jan 2016 | $2.8M | not disclosed | Balderton Capital |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Snyk raise in its Seed round?
Snyk raised $3.0M in its Seed round, announced in Jan 2016.
Which investors took part in Snyk's Seed round?
Boldstart Ventures.
What was Snyk's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
397 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.5M, and this round was 2.0 times the median.
Did Snyk raise again after this round?
Yes: a Series A round in Mar 2018 of $7.0M.