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GitGuardian Funding, Investors & Competitors
GitGuardian has raised $106M across 3 funding rounds, most recently a $50M Series C in February 2026.
Last GitGuardian funding round
$50M
Series C · Feb 2026
Cumulative funding GitGuardian raised
$106M
across 3 funding rounds
Key investors in GitGuardian
Balderton Capital
Fly Ventures
Bpifrance
Sapphire Ventures
Eurazeo
Insight Partners
Kima Ventures
Quadrille Capital
About GitGuardian
GitGuardian is a Paris-headquartered code security platform scanning Git repositories for leaked secrets like API keys and passwords. Its honeytoken technology detects compromises in CI/CD pipelines and IDEs. Adopted by Ubisoft and Datadog, GitGuardian monitors public GitHub repos and internal repos for Fortune 500 firms. Launched in 2017, its VS Code extension leads GitHub Marketplace security apps.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
GitGuardian Funding History
GitGuardian has raised a total of $106M across 3 funding rounds.
GitGuardian's first fundraising round was a $12M Series A in December 2019. The most recent completed round was a $50M Series C in February 2026.
GitGuardian funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Feb 2026 | Series C | Insight Partners (lead); Quadrille Capital (lead); Fly Ventures; Balderton Capital; Bpifrance; Sapphire Ventures; Eurazeo | $50M | GitGuardian, a New York-based provider of a secrets detection and Non-Human Identity (NHI) security platform, raised $50 million in a Series C funding round in February 2026, led by Insight Partners and Quadrille Capital, with participation from existing investors Balderton Capital, Bpifrance (BPI), Eurazeo, Fly Ventures, and Sapphire Ventures. The platform, ranked #1 on GitHub Marketplace, addresses risks from autonomous AI agents and non-human identities by offering secrets security, lifecycle governance, public monitoring for over 550 secret types, and honeytokens, serving Fortune 500 companies in technology, financial services, healthcare, energy, and manufacturing. The funding supports expansion in AI agent security innovation, enterprise-scale NHI management, and geographic growth across the Americas, EMEA, APAC, South America, and the Middle East. It balances U.S. and European capital, leveraging Insight Partners' cybersecurity expertise (with $90B in assets under management and investments in Wiz, SentinelOne, Darktrace) and Quadrille Capital's European enterprise network to navigate regulations like GDPR, NIS2, and DORA. In 2025, GitGuardian achieved strong traction, protecting over 115,000 developers globally, monitoring 610,000+ repositories, connecting 210,000+ collaboration sources (7x YoY growth), remediating 350,000 secret exposures (5x YoY), securing 60% of new enterprise customers to multi-year agreements, and deriving 80% of new ARR from North America. CEO Eric Fourrier highlighted the shift from managing service accounts to thousands of AI agents requiring secure credentials and full governance. The round positions GitGuardian to lead in secrets and NHI security amid rising enterprise demand, with transatlantic backing enhancing scalability and compliance capabilities for software-driven organizations. |
| Dec 2021 | Series B | Eurazeo (lead); Fly Ventures; Balderton Capital; Bpifrance; Sapphire Ventures | $44M | GitGuardian is the world's leading secret detection platform, providing enterprise-grade code security solutions for detecting secrets in both public and private repositories and containers, deployable in SaaS or on-premise modes. The company offers more than 300 detectors for secrets identification and serves as the #1 security application on the GitHub Marketplace with over 130,000 installs by the time of the Series B round. GitGuardian closed a $44 million Series B funding round on December 7, 2021, led by Eurazeo with participation from Sapphire Ventures, Balderton Capital, Bpifrance Investissement, and Fly Ventures. The round brought total company funding to $56 million across multiple rounds. Between the Series A and Series B, GitGuardian successfully launched its Internal Monitoring product as a second offering, which achieved approximately 40% of total revenue just 12 months after launch, demonstrating the company's ability to cross-sell within its existing customer base. The funding was intended to accelerate go-to-market expansion, extend the secret detection solution into a comprehensive code security platform, and grow engineering and sales teams across the US and Europe as GitGuardian aimed to become a comprehensive code security leader competing with legacy platforms. |
| Dec 2019 | Series A | Balderton Capital (lead); Fly Ventures; Scott Chacon; Renaud Visage; Kima Ventures; Sébastien Lucas; Fonds Ambition Amorçage Angels | $12M | GitGuardian is a Paris-based developer-centric cybersecurity startup specializing in detecting and automating secrets detection in online code, including public GitHub repositories and private sites. The platform provides real-time monitoring to help enterprise teams manage data leaks and prevent breaches. Founded in 2017, it targets modern software development processes where connectivity exposes sensitive information like credentials. On December 4, 2019, GitGuardian raised $12 million in a Series A funding round led by Balderton Capital, with participation from Fly Ventures, GitHub co-founder Scott Chacon, Docker founder Solomon Hykes, and others including Fonds Ambition Amorçage Angels, Kima Ventures, Renaud Visage, and Sébastien Lucas. The funds support expansion of its customer base, primarily in the US where 75% of clients were already located, with the remainder in Europe. The investment enables growth of its monitoring platform for private sites and internal systems like messaging. GitGuardian serves enterprises across sectors, allowing development teams to build code quickly with automated visibility and protection for sensitive data. |
Who has invested in GitGuardian?
12 investors have backed GitGuardian across its funding rounds, including Balderton Capital, Fly Ventures, Bpifrance, Sapphire Ventures, Eurazeo and Insight Partners.
Lead investors include Insight Partners, Quadrille Capital, Eurazeo and Balderton Capital.
GitGuardian Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Dec 2019 | ||
| 3 | Lead | Dec 2019 | ||
| 2 | Participant | Dec 2021 | ||
| 2 | Participant | Dec 2021 | ||
| 2 | Lead | Dec 2021 | ||
| 1 | Participant | Dec 2019 | ||
| 1 | Lead | Feb 2026 | ||
| 1 | Participant | Dec 2019 | ||
| 1 | Lead | Feb 2026 | ||
| 1 | Participant | Dec 2019 | ||
This data is available for Pro users. Sign up to see all 12 GitGuardian investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialGitGuardian Competitors
GitGuardian competitors include listed companies like Cloudflare, Progress Software and Palo Alto Networks, and private ones like Snyk, Anthropic and OpenAI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $2.2B | ($25M) | $119B | 44.3x | ||
| Private | $180M | - | $7.4B | 41.1x | ||
| Publicly listed | $978M | $302M | $1.7B | 2.9x | ||
| Private | $47B | - | $965B | 20.5x | ||
| Private | $25B | - | $852B | 34.1x | ||
| Publicly listed | $11B | $1B | $307B | 25.9x |
GitGuardian Public Comps
GitGuardian is still privately-owned, but its public comps include Palo Alto Networks, CrowdStrike, IBM, Fortinet, Cloudflare, Datadog, Atlassian, Okta, Zscaler and MongoDB.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $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 | |||
| $2.2B | ($25M) | 54.6x | 44.3x | (4653.4x) | 185.1x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
| $6.6B | $142M | 7.4x | 7.2x | 342.1x | 23.7x | |||
| $2.9B | $245M | 10.6x | 10.0x | 126.4x | 36.4x | |||
This data is available for Pro users. Sign up to see all GitGuardian competitors and their valuation data. Start Free Trial | ||||||||
Common questions about GitGuardian
| When was GitGuardian founded? | GitGuardian was founded in 2017. |
| Where is GitGuardian headquartered? | GitGuardian is headquartered in Paris, France. |
| Is GitGuardian publicly listed? | No, GitGuardian is a private, VC-backed company. |
| How much funding has GitGuardian raised? | GitGuardian has raised $106M across 3 funding rounds. |
| What was GitGuardian's last funding round? | GitGuardian's last funding round was a $50M Series C in February 2026, led by Insight Partners and Quadrille Capital. |
| Who are GitGuardian's investors? | GitGuardian's investors include Fly Ventures, Balderton Capital, Bpifrance, Sapphire Ventures, Eurazeo, Scott Chacon, Quadrille Capital, Renaud Visage, Insight Partners, Kima Ventures and 2 others. |
| Which companies are comparable to GitGuardian? | Companies comparable to GitGuardian include Cloudflare, Snyk, Progress Software, Anthropic, OpenAI and Palo Alto Networks. |
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