Snyk

OverviewSuggest Edit

Snyk is a company developing an open source security platform designed to help software-driven businesses enhance developer security. Its dependency scanner finds, prioritizes, and fixes vulnerabilities and license violations in open source dependencies and container images.
TypePrivate
Founded2015
HQBoston, MA, US
Websitesnyk.io
Employee Ratings4.4
Overall CultureA+

Latest Updates

Employees (est.) (Jun 2022)1,394(+4%)
Job Openings33
Revenue (FY, 2020)$25 M(+192%)
Cybersecurity ratingBMore
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Key People/Management at Snyk

Peter McKay

Peter McKay

Chief Executive Officer
Guy Podjarny

Guy Podjarny

Founder
Assaf Hefetz

Assaf Hefetz

Co-Founder and Chief Technology Officer
Danny Grander

Danny Grander

Co-Founder and Security, GM Israel
Kenneth MacAskill

Kenneth MacAskill

Chief Financial Officer
Karyn Smith

Karyn Smith

Chief Legal Officer
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Snyk Office Locations

Snyk has offices in Boston, Denver, New York, Barangaroo and in 9 other locations
Boston, MA, US (HQ)
100 Summer Street, 7th floor
Denver, CO, US
1550 Wewatta St, 3rd floor
New York, NY, US
16 E 34th St 18th fl, suite 105
Barangaroo, AU
1 Sussex St
Ottawa, CA
515 Legget Dr #310
Tel Aviv-Yafo, IL
Recital Building (H Tower), 156 Menachem Begin, 16th FL
Show all (13)

Snyk Financials and Metrics

Summary Metrics

Founding Date

2015

Snyk total Funding

$752 m

Snyk latest funding size

$300 m

Time since last funding

a year ago

Snyk investors

Snyk's latest funding round in March 2021 was reported to be $300 m. In total, Snyk has raised $752 m. Snyk's latest valuation is reported to be $4.7 b.
View all funding rounds

Snyk Revenue

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View revenue for all periods
Snyk's revenue was reported to be $25.02 m in FY, 2020 which is a 191.6% increase from the previous period.
USD

Revenue (FY, 2020)

25.0m

Revenue growth (FY, 2019 - FY, 2020), %

191.6%

Gross profit (FY, 2020)

20.6m

Gross profit margin (FY, 2020), %

82.2%

Net income (FY, 2020)

(45.7m)

EBIT (FY, 2020)

(52.5m)

Market valuation

4.7b

Cash (31-Dec-2020)

223.4m

EV

4.5b
USDFY, 2018FY, 2019FY, 2020

Revenue

2.2m8.6m25.0m

Revenue growth, %

295%192%

Cost of goods sold

170.4k445.1k4.5m

Gross profit

2.0m8.1m20.6m
USDFY, 2018FY, 2019FY, 2020

Cash

21.8m153.0m223.4m

Accounts Receivable

1.4m5.2m8.9m

Prepaid Expenses

87.6k3.0m7.7m

Current Assets

24.5m165.8m260.4m
USDFY, 2018FY, 2019FY, 2020

Net Income

(5.9m)(22.4m)(45.7m)

Depreciation and Amortization

47.5k197.0k1.4m

Accounts Payable

3.2m12.5m19.0m

Cash From Operating Activities

(4.9m)(18.0m)(44.1m)
USDFY, 2018

Revenue/Employee

54.3k

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.2 x
Show all financial metrics

Snyk Operating Metrics

Snyk's Customers was reported to be 160 k in Sep, 2018.
Sep, 2018FY, 2018FY, 2019Dec, 2020Mar, 2021

ARR

$5 m$19 m

Customers

160 k

Infrastructure Partners

6

Registered Developers

27 m

Snyk Acquisitions / Subsidiaries

Company NameDateDeal Size
FugueFebruary 17, 2022
CloudSkiffOctober 28, 2021
FossIDMay 12, 2021
Manifold.coJanuary 27, 2021
DeepCodeSeptember 23, 2020
DevSecCon LimitedJuly 24, 2019
Arigato Manifold, Inc.
DeepCode AG
Snyk Canada Inc
Snyk Inc
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Snyk Revenue Breakdown

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Snyk revenue breakdown by geographic segment: 83.8% from Rest of World, 8.9% from United Kingdom and 7.4% from Rest of Europe

Snyk Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Snyk Online and Social Media Presence

Embed Graph

Snyk Company Culture

  • Overall Culture

    A+

    89/100

  • CEO Rating

    A+

    94/100

  • Compensation

    A+

    91/100

  • Diversity

    A+

    87/100

Learn more on Comparably

Snyk News and Updates

New Research from Snyk and The Linux Foundation Reveals Significant Security Concerns Resulting from Open Source Software Ubiquity

The State of Open Source Security Highlights Many Organizations Lacking Strategies to Address Application Vulnerabilities Arising from Code Reuse The State of Open Source Security Highlights Many Organizations Lacking Strategies to Address Application Vulnerabilities Arising from Code Reuse

Snyk and StackHawk Announce Partnership to Provide Complete Modern Application Security Testing Suite

DENVER, April 5, 2022 /PRNewswire/ -- StackHawk, the company making application security testing part of software delivery, and Snyk, the leader in developer security, today announced a new partnership to further modernize how engineering teams create and ship secure code. With this...

Snyk cofounder on IPO plans: ‘We’ll pick our time wisely’

DevSecOps platform provider Snyk is gearing up for an IPO, its president says, though he's not saying if the offering could happen in 2022.

Snyk expands into cloud security with acquisition of Fugue

DevSecOps platform Snyk is getting into cloud security with the acquisition of Fugue, a provider of cloud security posture management (CSPM).

🎧 Dead first security and why speed matters - with Guy Podjarny, President and Founder, Snyk

In today’s episode, Andrii Degeler sits down with application security provider Snyk President and Founder Guy Podjarny to discuss why the speed of execution matters when it comes to app security, and...

🎧 Dev first security and why speed matters - with Guy Podjarny, President and Founder, Snyk

In today’s episode, Andrii Degeler sits down with application security provider Snyk President and Founder Guy Podjarny to discuss why the speed of execution matters when it comes to app security, and...
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Snyk Blogs

Snyk’s guide to disclosing pronouns

Whether you identify as cisgender or fall somewhere under the gender-nonconforming umbrella, disclosing your pronouns early and often makes everyone’s lives easier. So, in honor of Pride Month, let's discuss why pronouns are important, the benefits of disclosing them, and what to do if you make a mi…

Bringing cloud native application security full circle

The cloud has enabled organizations to build and deploy applications faster than ever, but security has become more complex. In this post, we’ll discuss the need to bring application security and cloud security together to deliver more secure cloud native applications.

Safer together: Snyk and CISPA collaborate for the greater good

Today, we’d like to share a story about our recent collaboration with the CISPA Helmholtz Center for Information Security, and walk through a few of the vulnerabilities we found together.

Using Rego as a generic policy language

In this post, we’ll discuss Open Policy Agent (OPA) and its rule language, Rego, highlighting how we can use them to write a simple policy for a payroll microservice.

Mental Health Awareness Month: How losing my father changed me

In honor of Mental Health Awareness Month, Tim Leroy, Senior Solutions Engineer based in London, shares how he coped with the tragic loss of his father a few months ago. He discusses tools he used to cope, how he balanced his mental health struggles while working full-time, and gives advice to other…

SnykWeek Boston: Perspectives on developer security adoption

During SnykWeek Boston, Simon Maple (Field CTO, Snyk) led a panel discussion about developer adoption of application security. Read on to dive deeper into these illuminating insights around organizing security teams, setting security goals, empowering developers, improving compliance, and much more.
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Snyk Frequently Asked Questions

  • When was Snyk founded?

    Snyk was founded in 2015.

  • Who are Snyk key executives?

    Snyk's key executives are Peter McKay, Guy Podjarny and Assaf Hefetz.

  • How many employees does Snyk have?

    Snyk has 1,394 employees.

  • What is Snyk revenue?

    Latest Snyk annual revenue is $25 m.

  • What is Snyk revenue per employee?

    Latest Snyk revenue per employee is $18 k.

  • Who are Snyk competitors?

    Competitors of Snyk include Aqua Security Software, Black Duck and WhiteSource.

  • Where is Snyk headquarters?

    Snyk headquarters is located at 100 Summer Street, 7th floor, Boston.

  • Where are Snyk offices?

    Snyk has offices in Boston, Denver, New York, Barangaroo and in 9 other locations.

  • How many offices does Snyk have?

    Snyk has 13 offices.