Diligence memo · auto-generated · as of July 2, 2026
Snyk Ltd
Snyk Ltd looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Snyk Ltd operates in AI / ML, 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.
Sub-sector tags: ai/ml.
Capital & rounds (filed)filed
Snyk Ltd has raised $800M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $304M on 2021-09-02.
Most recent recorded round closed around 2022-12-12.
Valuation (modeled)modeled
Provath models Snyk Ltd at approximately $3.9B (range $1.1B–$6.5B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 7 months.
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.
The last round was 1.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 99% of AI / ML peers (2067 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Inflection Ai, Inc., Shield AI Inc, Magic AI, Inc., Vendr, Inc., Sigma Computing, Inc..
Peoplefiled
13 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.