Chainguard revenue and valuation
Specter estimates Chainguard's annual revenue at $104M to $290M and its valuation at $2.64B to $4.25B. The company was priced at $3.5B in April 2025.
- Estimated revenue
- $104M–$290M
- Estimated valuation
- $2.64B–$4.25B
- Total funding
- $892M
- Founded
- 2021
- Headquarters
- Kirkland, United States
- Employees
- 791
Chainguard revenue
Specter's model puts current revenue between $104M and $290M.
Monthly data
| Month | Specter estimate | Low | High | Reported revenue |
|---|---|---|---|---|
| $196M | $104M | $290M | ||
| $137M | $85M | $189M | ||
| $143M | $95M | $191M | ||
| $140M | $89M | $191M | ||
| $141M | $84M | $197M | ||
| $149M | $84M | $210M | ||
| $152M | $88M | $220M | ||
| $129M | $81M | $177M | ||
| $133M | $83M | $183M | ||
| $137M | $87M | $188M | ||
| $130M | $75M | $186M | ||
| $106M | $57M | $154M | ||
| $102M | $52M | $152M | ||
| $90M | $57M | $123M | ||
| $93M | $58M | $127M | ||
| $84M | $48M | $120M | ||
| $84M | $47M | $120M | ||
| $75M | $40M | $110M | ||
| $67M | $29M | $104M | ||
| $45M | $20M | $70M | ||
| $40M | $16M | $65M | ||
| $32M | $11M | $52M | ||
| $31M | $12M | $49M | ||
| $27M | $11M | $43M | ||
| $25M | $9.9M | $40M | ||
| $26M | $9.7M | $43M | ||
| $21M | $7.9M | $34M | ||
| $23M | $7M | $39M | ||
| $18M | $6M | $29M |
Chainguard valuation
Chainguard's valuation rose from $1.12B at its Series C in July 2024 to $3.5B at its Series D in April 2025. Specter's live estimate sits between $2.64B and $4.25B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $3.35B | $2.64B | $4.25B | ||
| $2.73B | $1.82B | $4.09B | ||
| $2.72B | $1.87B | $3.95B | ||
| $2.79B | $1.92B | $4.05B | ||
| $2.82B | $2.03B | $3.9B | ||
| $2.97B | $2.22B | $3.96B | ||
| $3.11B | $2.32B | $4.15B | ||
| $3.15B | $2.33B | $4.25B | ||
| $3.33B | $2.6B | $4.27B | ||
| $3.37B | $2.72B | $4.16B | ||
| $3.45B | $2.85B | $4.19B | ||
| $3.49B | $2.88B | $4.22B | ||
| $3.5B | $2.91B | $4.21B | $3.5B (press) | |
| $3.5B | $2.84B | $4.32B | ||
| $3.5B | $2.86B | $4.28B | ||
| $3.5B | $2.9B | $4.22B | ||
| $3.5B | $2.91B | $4.21B | $3.5B (press) | |
| $3.5B | $2.9B | $4.23B | ||
| $3.5B | $2.91B | $4.21B | $3.5B (round) | |
| $3.08B | $2.58B | $3.68B | ||
| $2.72B | $2.26B | $3.27B | ||
| $2.39B | $2.01B | $2.85B | ||
| $2.11B | $1.78B | $2.5B | ||
| $1.86B | $1.54B | $2.25B | ||
| $1.64B | $1.35B | $1.98B | ||
| $1.44B | $1.2B | $1.74B | ||
| $1.27B | $1.05B | $1.54B | ||
| $1.12B | $930M | $1.35B | $1.12B (round) | |
| $1.49B | $1.23B | $1.8B |
Chainguard funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Debt financing | $280M | Undisclosed | General Catalyst | |
| Series D | $356M | $3.5B | Kleiner Perkins, IVP | |
| Series C | $140M | $1.12B | Redpoint, Lightspeed Venture Partners, IVP | |
| Series B | $61M | Undisclosed | Spark Capital | |
| Series A | $50M | Undisclosed | Sequoia Capital | |
| Seed | $5M | Undisclosed | Amplify Partners |
Chainguard competitors
Software supply chain security focuses on either proactive artifact hardening or reactive vulnerability analysis.
| Company | Revenue | Valuation |
|---|---|---|
| $104M–$290M | $2.64B–$4.25B | |
| $2.5M–$14M | $230M–$640M | |
| $1.8M–$7.9M | $94M–$540M | |
| $3.2M–$18M | $154M–$490M | |
| $2.4M–$10M | $30M–$183M |
Chainguard revenue and valuation FAQ
What is Chainguard's revenue?
Specter estimates Chainguard's annual revenue at $104M to $290M as of October 2026.
What is Chainguard's valuation?
Chainguard's latest post-money valuation is $3.5B, from an April 2025 Series D. Specter's live estimate is $2.64B to $4.25B.
How much funding has Chainguard raised?
$892M across six rounds, from a $5M Seed in December 2021 to a $280M debt financing in October 2025.
Who invested in Chainguard?
25 investors, including General Catalyst, IVP, Kleiner Perkins, Lightspeed Venture Partners, Redpoint and Spark Capital.
Who are Chainguard's competitors?
Echo, Minimus (acquired by Echo), RAPIDFORT and Anchore. Specter ranks 30 competitors for Chainguard.