Snyk, founded in 2015 by Guy Podjarny, Danny Grander, and Assaf Hefetz out of the Israel Defence Force's cyber intelligence unit, builds developer-first application security, scanning code, open-source dependencies, containers, and infrastructure-as-config for vulnerabilities directly inside the tools developers already use.
That developer-first positioning, security built into the coding workflow rather than bolted on afterward by a separate security team, took Snyk to roughly $326 million in estimated annual recurring revenue and a filed S-1 for a 2026 Nasdaq IPO at a $7.4 billion valuation, on total funding of $1.8 billion raised across ten rounds.
Snyk prices primarily per contributing developer on a SaaS subscription model, with a free tier available for individual developers and small projects. For a development team that wants vulnerability scanning built directly into its existing coding workflow rather than a separate security review process, Snyk's developer-first approach addresses that directly.
