Companies · AI / ML

Snyk Ltd

READING · AI / ML · refined from filed group “Other · https://snyk.io/

Diligence memoA one-page analyst read on Snyk Ltd — recommendation, valuation, rhythm, risks.
$799.9M
Total raised · real
5
Rounds
0.6×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Mon Dec 12 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Snyk Ltd looks fair against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the ai/ml sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.14× the median modeled value of Series D+ AI / ML companies in 2022–2024 (11 peers) — value vs value, same stage and era.
  • Within the normal band (114% of peer median) for its niche.
At-risk
  • Last raise 3.6 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in AI / ML

Snyk Ltd is one of 2067 AI / ML companies tracked from READING. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Snyk is the AI Security Fabric — the independent validator that makes AI-generated code, AI agents, and AI-native applications trustworthy. Unleash AI innovation securely.

Snyk is the AI Security Fabric — the independent validator that makes AI-generated code, AI agents, and AI-native applications trustworthy. Unleash AI innovation securely. An independent security layer that continuously validates AI-generated code, governs development agents, and secures AI-native applications—so organizations can move fast with AI without losing control. Machine-speed threats have eliminated the luxury of backlog. AI attacks chain multiple vulnerabilities autonomously — no human in the loop. What used to be a contained vulnerability becomes a full platform compromise before an analyst finishes reading the alert. 65–70% of production code is now AI-generated — and nearly half contains vulnerabilities. AI agents write code, invoke tools, and commit changes with no security checkpoint between inception and production. Security debt is accumulating at machine speed and shrinking at human speed. Security teams have no inventory of the models, workflows, or agents running in production. AI-native components are embedded everywhere — and you cannot enforce policy, pass an audit, or respond to an incident for systems you didn't know existed. Snyk is how organizations answ

ai/ml
Find Snyk online

Trades publicly as Snyk.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
8
Investors (latest)
2022-12-12
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$2.5B$5.0B$7.5B$10.0BSeries C · 2020-08-25 Raised $100M (real) Modeled valuation $3.9B (est)$100M$3.9BSeries C2020Series D+ · 2021-03-03 Raised $175M (real) Modeled valuation $5.9B (est)$175M$5.9BSeries D+2021Series D+ · 2021-06-11 Raised $24M (real) Modeled valuation $750M (est)$24M$750MSeries D+2021Series D+ · 2021-09-02 Raised $304M (real) Modeled valuation $8.9B (est)$304M$8.9BSeries D+2021Series D+ · 2022-12-12 Raised $196M (real) Modeled valuation $3.9B (est)$196M$3.9BSeries D+2022+$175M+$24M+$304M+$196MCumulative $800M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series C$100.0M · 2020
Series D+$175.0M · 2021
Series D+ extension$24.1M · 2021
Series D+ extension$304.3M · 2021
Series D+ extension$196.5M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$3.9B
Base estimate est.
$1.1B
Conservative case
$6.5B
Upside case
$1.6B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the ai/ml sector profile. Directional, not a quoted figure.

Series C · modeled $3.9B · 2020-08-252020Series D+ · modeled $5.9B · 2021-03-03Series D+ · modeled $749.7M · 2021-06-11Series D+ · modeled $8.9B · 2021-09-02Series D+ · modeled $3.9B · 2022-12-122022
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
83%
Survival probability
67% low · 92% high
1.35×/yr
Annual markup
1.51×/yr upside case
3.5 yr
Elapsed time used
3.5 yr actual, capped for stale marks
ai/ml
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$348.2M/yr
Capital velocity
5.9 yr
On record since
2020
First round
5
Rounds on file
How it compares to the market

Benchmarked against 2067 companies in AI / ML. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 169× above median
This company$799.9M
Sector median$4.7M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.1× above median
This company$196.5M
Sector median$174.5M
Modeled value — vs sector median (estimate, all stages) 140× above median
This company$3.9B
Sector median$27.9M

Raised more than 99% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #4 of 11.

This companyCohort peer
$1.0B$10.0B$100.0M$1.0BCapital raised (log)Inflection Ai, Inc. · Series D+ Raised $225.0M · modeled $5.4B (est)Shield AI Inc · Series D+ Raised $452.7M · modeled $4.5B (est)Magic AI, Inc. · Series D+ Raised $466.2M · modeled $4.3B (est)Vendr, Inc. · Series D+ Raised $272.2M · modeled $3.5B (est)Sigma Computing, Inc. · Series D+ Raised $675.3M · modeled $3.4B (est)AI Software, LLC · Series D+ Raised $266.0M · modeled $2.9B (est)Klaviyo, Inc. · Series D+ Raised $621.0M · modeled $2.2B (est)AutoLab AI, Inc. · Series D+ Raised $234.9M · modeled $1.7B (est)Cresta Intelligence Inc. · Series D+ Raised $125.0M · modeled $1.5B (est)Tractian Ltd · Series D+ Raised $122.9M · modeled $1.4B (est)Snyk Ltd (this company) Raised $799.9M · modeled $3.9B (est)Snyk Ltd
CompanyStageRaised · realValue · estvs peer med.
Inflection Ai, Inc.Series D+$225.0M$5.4B1.57×
Shield AI IncSeries D+$452.7M$4.5B1.31×
Magic AI, Inc.Series D+$466.2M$4.3B1.27×
Snyk Ltd this companySeries D+$799.9M$3.9B1.14×
Vendr, Inc.Series D+$272.2M$3.5B1.02×
Sigma Computing, Inc.Series D+$675.3M$3.4B1.00×
AI Software, LLCSeries D+$266.0M$2.9B0.84×
Klaviyo, Inc.Series D+$621.0M$2.2B0.65×
AutoLab AI, Inc.Series D+$234.9M$1.7B0.51×
Cresta Intelligence Inc.Series D+$125.0M$1.5B0.43×
Tractian LtdSeries D+$122.9M$1.4B0.40×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series C$100.0M2020-08-25$666.7M$3.9B90%
Series D+$175.0M2021-03-03$1.5B$5.9B90%
Series D+$24.1M2021-06-11$200.8M$749.7M90%
Series D+$304.3M2021-09-02$2.5B$8.9B90%
Series D+$196.5M2022-12-12$1.6B$3.9B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series C$100.0M2020-08-25
    • First recorded raise — entered as Series C.
    • 14 investors on this round.
  2. Series D+$175.0M2021-03-03
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • 14 investors on this round.
  3. Series D+$24.1M2021-06-11
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 7.3× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Series D+$304.3M2021-09-02
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 12.6× larger than the prior — scaling up.
    • 49 investors on this round.
  5. Series D+$196.5M2022-12-12
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 8 investors on this round.
Intelligence
2023 ~Q3
Modeled next raise · ~7mo cadence
$196.5M
Modeled next size est.range $196.5M$314.4M
0.6×
Last step-up
$348.2M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Ping Li12 other2021-06
Peter McKay3 other2020-08
Philippe Botteri3 other2020-08
Ken Fox2 other2020-08
Guy Podjarny1 other2020-08
Ken MacAskill1 other2022-12
Michael Scarpelli1 other2021-06
Zachary Nelson1 other2022-12
Kathleen Murphy2022-12
Matthew Weigand2020-08
Sanjay Poonen2022-12
Stephanie Dominy2020-08
Tamar Yehoshua2021-06
Registry & provenance

Snyk Ltd is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1824657
SEC CIK
Recent activityActive

Discovered from snyk — the partnerships, launches, hiring and press it publishes about itself. Evidence the company is alive and what it is doing now, not financial data.

Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Klaviyo, Inc.AI / MLSeries D+$621.0M$2.2Bnetwork1 shared operator · same sector · same stage
Tanium Inc.AI / MLSeries D+$911.8M$5.8Bsame sector · same stage
Sigma Computing, Inc.AI / MLSeries D+$675.3M$3.4Bsame sector · same stage
Highspot, Inc.AI / MLSeries D+$653.8M$6.5Bsame sector · same stage
UiPath, Inc.AI / MLGrowth/Late$2.0B$27.3Bnetwork1 shared operator · same sector
Counsel AI CorpAI / MLSeries D+$490.8M$3.1Bsame sector · same stage
Celestial AI Inc.AI / MLSeries D+$482.0M$1.5Bsame sector · same stage
Docusign, Inc.AI / MLSeries D+$476.5M$1.5Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
MindFort
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Naïve
Agent Infrastructure as Code
Regtech77%
CodeAnt AI
Autonomous offensive and defensive security platform
Cybersecurity76%
Opslane
Verify AI-generated code before you ship it
AI / ML75%
Amika
Infra to build your own software factory
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Tusk
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SafetyKit, Inc.
AI agents for risk, compliance, and safety
FintechSeries B$155.4M75%
Dataleap
AI Employees for the Enterprise
AI / ML75%
Frequently asked
How much funding has Snyk Ltd raised?
Snyk Ltd has raised approximately $799.9M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Snyk Ltd's estimated valuation?
Provath's modeled valuation for Snyk Ltd is approximately $3.9B (modeled range $1.1B–$6.5B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Snyk Ltd at?
Snyk Ltd's latest modeled financing stage is Series D+. Its most recent recorded round closed around Mon Dec 12.
What does Snyk Ltd do and where is it based?
Snyk Ltd operates in the AI / ML sector, based in READING. Snyk is the AI Security Fabric — the independent validator that makes AI-generated code, AI agents, and AI-native applications trustworthy. Unleash AI innovation securely.
Explore related

See where Snyk Ltd sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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