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Semgrep

Semgrep

AI-powered code security platform that finds and fixes vulnerabilities across the development lifecycle.

38
Open Roles
Founded
2017
Headquarters
San Francisco, CA
Latest Round
Series D
Est. Valuation
~$1,000M
Seed
Series A
Series B
Series C
Series D+

Investment Thesis

๐Ÿš€ What They Do

Semgrep is a code security platform that uses program analysis and AI to find and fix vulnerabilities across the software development lifecycle. Originally known as r2c (Return to Corporation), the company builds lightweight static analysis tools that developers actually want to use, combining the precision of traditional SAST with AI-powered capabilities.

With $204 million in total funding, Semgrep serves developers and security teams who need to ship secure code fast. The open-source Semgrep engine has been widely adopted by the developer community, and the commercial platform adds enterprise features including custom rules, CI/CD integration, and AI-assisted remediation. The company operates in a hybrid model with hubs in San Francisco, Boston, Denver, London, and New York.

๐Ÿ”ฅ The Problem

Application security scanning is plagued by false positives, slow scan times, and rules that don't understand modern code patterns โ€” leading developers to ignore security findings rather than fix them.

๐ŸŽฏ The Bet

Semgrep combines lightweight static analysis with AI-powered code understanding to find real vulnerabilities fast, with a developer experience so good that engineers actually want to use it โ€” shifting security left without slowing down shipping.

๐Ÿ“ˆ The Signal

Used by Dropbox, Slack, Figma, and thousands of engineering teams; 40,000+ community-contributed rules; trusted to scan code at companies processing billions of dollars in transactions.

โฐ Why Now

AI-generated code is flooding into production at unprecedented scale via Copilot and similar tools, dramatically increasing the need for automated security scanning that can keep pace with the volume of code being written.

Funding & Investors

$800M$600M$400M$200M$0
Founded
Seed
Jun 2019
Amount Raised: $5M
Seed
$5M raised
Series A
Jun 2020
Amount Raised: $13M
Series A
$13M raised
Series B
Jul 2021
Amount Raised: $27M
Series B
$27M raised
Series C
Apr 2023
Amount Raised: $53M
Series C
Apr 2023
Post-Money Valuation: $395M
Series C
$395M est. val
$53M raised
Series D
Feb 2025
Amount Raised: $100M
Series D
$100M raised
20172018201920202021202220232024202520262027
Amount raisedEst. post-money valuationFounded
Series D$100MFeb 2025
Lead: Menlo Ventures ยท Felicis Ventures, Harpoon Ventures, Lightspeed Venture Partners, Redpoint Ventures, Sequoia Capital
Series C$53MApr 2023
Lead: Lightspeed Venture Partners ยท Felicis Ventures, Redpoint Ventures, Sequoia Capital
Series B$27MJul 2021
Lead: Felicis Ventures ยท Redpoint Ventures, Sequoia Capital
Series A$13MJun 2020
Lead: Redpoint Ventures ยท Sequoia Capital
Seed$5MJun 2019
Lead: Sequoia Capital ยท Redpoint Ventures

Headcount Growth

4003002001000
40
80
120
170
200
257
295*
20172018201920202021202220232024202520262027
*Forecast assumes all 38 open roles are filled

38 Open Roles

Data Scientist
18d agoEngineering Org0
Digital Native, Account Executive (West)
18d agoSales Org0
Director of Strategic Technology Partnerships
18d agoOperations0
Enterprise Account Executive (APAC)
18d agoSales Org0
Enterprise Account Executive (PNW)
6d agoSales Org0
Enterprise Account Executive (Texas)
6d agoSales Org0
Enterprise Account Executive (West)
18d agoSales Org0
Field Marketing Manager, West
18d agoMarketing Org0
Field Marketing Manager, West
18d agoMarketing Org0
Growth Marketing Manager, PLG
18d agoMarketing Org0