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- Endor Labs
Endor Labs Funding, Investors & Competitors
Endor Labs has raised $188M across 3 funding rounds, most recently a $93M Series B in April 2025.
Last Endor Labs funding round
$93M
Series B · Apr 2025
Cumulative funding Endor Labs raised
$188M
across 3 funding rounds
Key investors in Endor Labs
Lightspeed Venture Partners
Dell Technologies Capital
Coatue
S32
Salesforce Ventures
Sierra Ventures
Citi Ventures
DFJ Growth
About Endor Labs
Endor Labs is an application security company headquartered in San Francisco, California. It provides a software composition analysis platform prioritizing risks in open-source and custom codebases through runtime call graphs and dependency mapping. Endor Labs serves clients including OpenAI, Robinhood, Dropbox, Snowflake, and Citi, securing AI-generated and legacy C/C++ applications. Founded in 2022, it raised $140 million in Series B funding and integrates with CI/CD pipelines for developer-centric vulnerability remediation.
Founded
2021
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Endor Labs Funding History
Endor Labs has raised a total of $188M across 3 funding rounds.
Endor Labs' first fundraising round was a $25M seed round in October 2022. The most recent completed round was a $93M Series B in April 2025.
Endor Labs funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2025 | Series B | DFJ Growth (lead); Salesforce Ventures; S32; Lightspeed Venture Partners; Citi Ventures; Coatue; Dell Technologies Capital | $93M | Endor Labs develops an application security platform focused on securing AI-generated code and open-source software, enabling developers to detect and remediate vulnerabilities at scale. The company pivoted to address risks in AI-native software development, launching an agentic AI framework that automates code review and corrective actions within the development lifecycle. Customers include OpenAI, Rubrik, People.ai, Observe.ai, Mysten Labs, and global financial institutions, with the platform protecting over 5 million applications and running 1 million scans weekly. On April 23, 2025, Endor Labs closed an oversubscribed $93 million Series B funding round led by DFJ Growth, with participation from Salesforce Ventures, Lightspeed Venture Partners, Coatue, Dell Technologies Capital, Section 32, and Citi Ventures. This brings total funding to $163 million across rounds. The round was preempted due to strong traction, including 30x annual recurring revenue growth and 166% net revenue retention since the Series A 18 months prior. Proceeds will fund engineering hires, global go-to-market expansion, and product innovation to support AI-native security workflows. With 133 employees in Palo Alto and Bangalore, Endor positions itself as foundational for securing the AI code revolution amid shifting coding practices driven by generative AI. Investors like DFJ Growth, with a track record in AI leaders such as OpenAI and Scale AI, back the company's momentum in a challenging market. |
| Aug 2023 | Series A | Lightspeed Venture Partners (lead); S32; Coatue; Dell Technologies Capital | $70M | Endor Labs, founded in 2022 and headquartered in Palo Alto, CA, develops an application security platform aimed at enabling effective AppSec programs without burdening developer productivity. The company raised $70M in Series A funding around March 2023, including $22M converted from its prior Seed round, led by Lightspeed Venture Partners with participation from Coatue, Dell Technologies Capital, Section 32, and over 30 industry executives including CEOs, CISOs, and CTOs. Lightspeed's Arif Janmohamed, Coatue's Sri Viswanath (former Atlassian CTO), and Dell's Deepak Jeevankumar joined the board. The funds were intended to support growth 10 months after launch in a fast-growing cybersecurity market addressing unmet needs in application security. Subsequent developments highlight strong traction post-Series A: by April 2025, Endor Labs raised an oversubscribed $93M Series B led by DFJ Growth (with Lightspeed, Coatue, Dell Technologies Capital, Section 32, Salesforce Ventures, Citi Ventures), reporting 30x ARR growth, 166% Net Revenue Retention (NRR), protection of over 5 million applications, and 1 million weekly scans for customers like OpenAI, Rubrik, People.ai, Observe.ai, Mysten Labs, and financial institutions. Later in 2025, it achieved 225% year-over-year revenue growth, serving clients like Atlassian, Anywhere (Cursor makers), and Glean, while raising total funding to $163M to address AI-driven security challenges and expand globally. |
| Oct 2022 | Seed | Dell Technologies Capital (lead); Lightspeed Venture Partners (lead); Sierra Ventures (lead) | $25M | Endor Labs emerged from stealth on October 10, 2022, announcing $25 million in seed financing from Lightspeed Venture Partners, Dell Technologies Capital, Sierra Ventures, and angel investors including Nikesh Arora of Palo Alto Networks. The company provides a dependency lifecycle management platform offering visibility into software dependency graphs, risk prioritization, and tools for securing open-source software supply chains, including software bill of materials generation. Endor Labs had been operating in stealth for a year, engaging over 75 organizations for feedback and launching a private beta with companies ranging from 200 to 35,000 employees. The funding supports growth and R&D expansion amid heightened focus on open-source security following high-profile incidents. Endor Labs positions itself to enable faster, safer software development through intelligent dependency selection, monitoring, and maintenance at scale. The investors' participation reflects strong interest in cybersecurity, with VC funding in the sector remaining robust at $12.5 billion across 531 deals in H1 2022. Subsequent rounds include a Series A-1 on 10/10/2022 for $22.07 million (investors matching the seed), Series A in August 2023 totaling around $65 million from Lightspeed, Coatue, Dell Technologies Capital, Section 32 and others, and a $93 million Series B in April 2025 led by DFJ Growth with participation from Citi Ventures, Coatue, Salesforce Ventures, and others. |
Who has invested in Endor Labs?
8 investors have backed Endor Labs across its funding rounds, including Lightspeed Venture Partners, Dell Technologies Capital, Coatue, S32, Salesforce Ventures and Sierra Ventures.
Lead investors include DFJ Growth, Lightspeed Venture Partners, Dell Technologies Capital and Sierra Ventures.
Endor Labs Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Oct 2022 | ||
| 3 | Lead | Oct 2022 | ||
| 2 | Participant | Aug 2023 | ||
| 2 | Participant | Aug 2023 | ||
| 1 | Participant | Apr 2025 | ||
| 1 | Lead | Oct 2022 | ||
This data is available for Pro users. Sign up to see all 8 Endor Labs investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Endor Labs
Endor Labs has acquired 1 company to date.
Last acquisition by Endor Labs was on February 11th 2026. Endor Labs acquired Autonomous Plane for undisclosed valuation.
Latest Acquisitions by Endor Labs
| Description | Autonomous Plane secures cloud-native applications with specialized security measures. |
| HQ Country | - |
| HQ City | - |
| Deal Date | 11 Feb 2026 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Endor Labs acquisitions and their M&A valuation multiples. Start Free Trial | |
Endor Labs Competitors
Endor Labs competitors include listed companies like C3.ai and Cloudflare, and private ones like Anthropic, OpenAI, Safe Superintelligence and Lovable.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $47B | - | $965B | 20.5x | ||
| Private | $25B | - | $852B | 34.1x | ||
| Private | - | - | $32B | - | ||
| Private | $500M | - | $13B | 26.6x | ||
| Publicly listed | $250M | ($484M) | $1.7B | 4.5x | ||
| Publicly listed | $2.2B | ($25M) | $119B | 44.3x |
Endor Labs Public Comps
Endor Labs is still privately-owned, but its public comps include Palantir, Palo Alto Networks, CrowdStrike, IBM, Fortinet, Snowflake, Cloudflare, Datadog, Atlassian and Z.ai.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $11B | $1B | 26.7x | 25.9x | 301.1x | 76.9x | |||
| $4.8B | ($12M) | 51.4x | 44.5x | (19816.2x) | 151.0x | |||
| $68B | $17B | 4.2x | 4.0x | 16.9x | 14.6x | |||
| $6.8B | $2.3B | 18.1x | 15.9x | 53.7x | 41.9x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $2.2B | ($25M) | 54.6x | 44.3x | (4653.4x) | 185.1x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
This data is available for Pro users. Sign up to see all Endor Labs competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Endor Labs
| When was Endor Labs founded? | Endor Labs was founded in 2021. |
| Where is Endor Labs headquartered? | Endor Labs is headquartered in San Francisco, CA, United States. |
| Is Endor Labs publicly listed? | No, Endor Labs is a private, VC-backed company. |
| How much funding has Endor Labs raised? | Endor Labs has raised $188M across 3 funding rounds. |
| What was Endor Labs' last funding round? | Endor Labs' last funding round was a $93M Series B in April 2025, led by DFJ Growth. |
| Who are Endor Labs' investors? | Endor Labs' investors include Lightspeed Venture Partners, Dell Technologies Capital, S32, Coatue, Salesforce Ventures, Sierra Ventures, DFJ Growth and Citi Ventures. |
| Which companies are comparable to Endor Labs? | Companies comparable to Endor Labs include Anthropic, OpenAI, Safe Superintelligence, Lovable, C3.ai and Cloudflare. |
| How many companies has Endor Labs acquired? | Endor Labs has acquired 1 company, including Autonomous Plane. |
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