Snyk Limited

United States · owned by Independent (United States) · snyk.io · 63 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 63 sub-vendors.

Insights

Last updated 2026-07-30 · revision 10

63 direct vendors, 414 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Migration Readiness: 9/10

Assessed by AI based on technology stack characteristics (cloud-native vs legacy, containerization, microservices), regulatory environment, data residency requirements, financial stability, and vendor lock-in risks. The score ranges from 0-10, where higher scores indicate better readiness for technology migration.

Snyk exhibits very high migration readiness due to its highly modern, cloud-native, and containerized technology architecture. The internal tech stack, built on Amazon Web Services (AWS) and Google Cloud Platform (GCP), Kubernetes, Docker, and Terraform, signifies a microservices-oriented approach that is inherently portable and flexible, significantly reducing technical lock-in. This multi-cloud strategy further enhances their ability to migrate or shift workloads between providers if needed. The company's strong financial growth (projected US$400M revenue in 2024) provides ample resources to fund any strategic migration initiatives. Data residency capabilities, offering regional options in the US, EU, and Australia, are a major asset, demonstrating an architecture designed to meet diverse data sovereignty requirements, which simplifies compliance during potential migrations. From a regulatory perspective, Snyk's explicit GDPR compliance and established mechanisms (EDPO, data processing addendum) indicate a mature approach to data governance that would facilitate migration planning. While NIS2, SOC2, and ISO 27001 are marked as 'Assessment Required,' the company's existing compliance posture suggests an awareness and capability to address these during a migration. Regarding vendor relationships, despite the 'Total Vendors: 0' anomaly, the use of '90 services' and a multi-cloud environment implies a diverse set of underlying dependencies rather than heavy reliance on a few monolithic vendors, thus suggesting lower vendor lock-in at the infrastructure level. The 'Vendor Lock-in Risk' is unknown, which is a data gap, but the technical architecture strongly points towards high flexibility.

Compliance

7 in-scope frameworks identified; showing 3.

SOC 2 (source) — Compliant

Snyk is a cloud-based SaaS security platform serving enterprise customers globally, making SOC 2 compliance a standard market requirement. The presence of a dedicated Trust Center (trust.snyk.io, powered by Vanta — a leading compliance automation platform) strongly indicates active SOC 2 compliance management. Enterprise customers such as Okta, Twilio, Snowflake, and Spotify would typically require SOC 2 Type II reports as part of vendor due diligence. Risk is Low because Snyk appears to have invested in compliance infrastructure and the Trust Center is the standard mechanism for sharing SOC 2 reports with customers under NDA.

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

CPRA — Compliant

Snyk explicitly provides a 'California residents: do not sell my information' link on its homepage (preferences.snyk.io/dont_sell), which is a direct CCPA/CPRA compliance requirement. This demonstrates active compliance with California privacy law. Snyk has US operations and serves California-based customers and employees. Risk is Low because Snyk has implemented the required opt-out mechanism and maintains a Privacy Notice addressing California residents' rights.

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

ISO 27001 (source) — Assessment Required

ISO 27001 is the international standard for Information Security Management Systems (ISMS) and is highly relevant for a cybersecurity SaaS company like Snyk. Many enterprise customers, particularly in Europe and Asia-Pacific, require ISO 27001 certification as a vendor prerequisite. Snyk's Trust Center may contain ISO 27001 certification details, but this was not confirmed in the fetched pages. Risk is Medium because: (1) if Snyk holds ISO 27001 certification, risk is Low; (2) if not certified, there is reputational and commercial risk given Snyk's positioning as a security company serving security-conscious enterprise customers; (3) the cybersecurity industry has high expectations for information security standards.

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

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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