Snyk Limited Due Diligence

Run due diligence on Snyk Limited: check compliance and get alerts when suppliers or ownership change.

United States · owned by Independent (United States) · snyk.io · 54 vendors

Snyk is an AI security company that helps organizations build fast and stay secure in the age of AI. Its platform finds and fixes security issues across code, dependencies, containers, and cloud infrastructure, enhanced by AI-powered insights. Snyk enables businesses to embed security directly into their development process, serving customers ranging from startups to enterprises like Google and Atlassian.

Resilience scores

Technology vendors

Services catalogue

7 services in catalogue across 3 categories; runs on 54 sub-vendors.

Insights

Last updated 2026-07-30 · revision 10

54 direct vendors, 335 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

7 in-scope frameworks identified; showing 3.

SOC 2 (source) — Evidence found

Evidence: https://trust.snyk.io/home, https://snyk.io

CPRA — Evidence found

Evidence: https://snyk.io, https://preferences.snyk.io/dont_sell, https://snyk.io/policies/privacy/

ISAE 3000 (source) — No public evidence

Evidence: https://trust.snyk.io/home

Financials

Three-year financials

Financial Resilience Score: 7/10

Snyk demonstrates strong financial resilience for a late-stage private SaaS company, backed by over US$1.3 billion in cumulative equity funding across Series A through G, with a peak valuation of US$8.5 billion in September 2022. The company has a robust recurring-revenue engine with ARR growing from ~$275M in 2022 to approximately $650M by 2025, representing ~30-35% compound annual growth. Its blue-chip customer base including Google, Atlassian, Snowflake, Spotify, and Twilio provides revenue predictability, with historical net dollar retention reported above 130%. However, the company is not yet profitable on a GAAP basis, and required two rounds of layoffs in 2022 (~14%) and 2023 (~11%) to reduce cash burn. A secondary market valuation reset to approximately US$7.4 billion in 2024 indicates some pressure. Competitive intensity is significant, particularly from Wiz (acquired by Google for $32B), GitHub Advanced Security, Palo Alto Networks, and Microsoft's integrated tooling. Despite these risks, the strategic pivot to AI security through the Evo platform, acquisitions of Probely and Invariant Labs, and achievement of FedRAMP Moderate authorization in 2025 position the company well for continued growth and eventual IPO.

Key strengths: Over US$1.3B cumulative equity funding raised across Series A-G, Strong ARR growth of ~30-35% CAGR from $275M (2022) to ~$650M (2025), Blue-chip enterprise customer base (Google, Atlassian, Snowflake, Spotify, Twilio), Historically strong net dollar retention above 130%, Significant cash cushion after cost restructuring, FedRAMP Moderate authorization opens US federal market, Strategic repositioning to AI security via Evo platform and acquisitions, Recognition as Leader by Forrester (SCA Wave 2024)

Risk factors: Not yet profitable on GAAP basis with high historical burn, Two rounds of layoffs in 2022 and 2023 signal sustained losses, Valuation reset from $8.5B peak to ~$7.4B in 2024 secondary, Intense competition from Wiz, GitHub, Palo Alto Networks, Microsoft, IPO overhang - company has been 'IPO-ready' since 2021 without listing, Product portfolio breadth creates integration and GTM focus risk, Limited public financial disclosure (UK holding company filings are thin), Employee retention pressure around stock-based compensation

Revenue by geography

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