Snyk
This company is in the pipeline of America 2030, IPO CLUB’s $50M, actively managed secondary fund focused on U.S. defense, energy, security, and AI.
Updated in January 2026
Headquarter: Boston, Massachusetts, USA
Year Founded: 2015
Leadership: Peter McKay
Industry Sectors: Application security; DevSecOps; Cloud security; Developer tools
Funding Round: ~$196.5M Series G (December 2022)
Valuation: ~$7.4B (2022)
Is Snyk A Public Company? No, it is currently private
What Is Snyk?
Snyk is a developer-centric cybersecurity company focused on enabling secure software delivery by embedding security directly into developer workflows rather than relying on centralized, post-development controls. The company addresses the growing challenge of vulnerabilities introduced through rapid software iteration, open-source usage, cloud-native architectures, and infrastructure as code, positioning itself at the center of the DevSecOps shift. As of the most recent reporting, Snyk has reached approximately $278 million in revenue, with ARR estimates exceeding $300–340 million, and is preparing for a potential IPO as early as 2026.
Technology & Products
Snyk offers an AI-powered application security platform designed to automatically identify, prioritize, and remediate vulnerabilities across custom source code (SAST), open-source dependencies (SCA), containers and cloud artifacts, and infrastructure as code (IaC). The platform integrates natively into developer tools and CI/CD pipelines, providing real-time feedback, risk-based prioritization, and automated fix recommendations at the point of code creation. This developer-first, workflow-embedded approach differentiates Snyk from legacy AppSec tools that typically operate outside DevOps environments and later in the development lifecycle.
Market Opportunity
Snyk targets the application and cloud security market, specifically the fast-growing segment centered on developer-driven security and DevSecOps adoption. As software delivery accelerates and regulatory and compliance pressures increase, enterprises face rising exposure from vulnerabilities in open-source components, cloud infrastructure, and custom code. Traditional application security tools often struggle with adoption due to poor developer integration, creating a structural opportunity for platforms like Snyk that align security controls with how modern software is built and deployed.
Competitive Landscape
Snyk operates in a competitive environment that includes DevOps platforms with native security capabilities, software composition analysis specialists, legacy AppSec vendors, and cloud and runtime security providers. Key competitors include GitLab, Mend (WhiteSource), Checkmarx, and Wiz. Snyk differentiates itself through deep integration into developer workflows, automated remediation, and broad coverage from code to cloud within a single platform, whereas competitors may emphasize stronger enterprise governance, runtime protection, or broader security suite bundling.
How To Buy Snyk Stock?
Snyk is currently a private company and is not publicly traded on major stock exchanges like the NASDAQ or NYSE. This means you can buy shares through a pre-IPO platform or brokerage like IPO CLUB.
This company is in the pipeline of America 2030, IPO CLUB’s $50M, actively managed secondary fund focused on U.S. defense, energy, security, and AI.
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