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

GitGuardian Overview

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

FranceParis

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

GitGuardian funding rounds
DateStageInvestorsRaisedDeal Summary
Feb 2026Series CInsight Partners (lead); Quadrille Capital (lead); Fly Ventures; Balderton Capital; Bpifrance; Sapphire Ventures; Eurazeo$50MGitGuardian, 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 2021Series BEurazeo (lead); Fly Ventures; Balderton Capital; Bpifrance; Sapphire Ventures$44MGitGuardian 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 2019Series ABalderton Capital (lead); Fly Ventures; Scott Chacon; Renaud Visage; Kima Ventures; Sébastien Lucas; Fonds Ambition Amorçage Angels$12MGitGuardian 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

Investors in GitGuardian by funding rounds participated
InvestorHQRoundsRoleFirst check
Fly VenturesGermanyBerlin3ParticipantDec 2019
Balderton CapitalUnited KingdomLondon3LeadDec 2019
BpifranceFranceParis2ParticipantDec 2021
Sapphire VenturesUnited StatesAustin, TX2ParticipantDec 2021
EurazeoFranceFrance2LeadDec 2021
Scott ChaconGermanyBerlin1ParticipantDec 2019
Quadrille CapitalFranceParis1LeadFeb 2026
Renaud VisageFranceFrance1ParticipantDec 2019
Insight PartnersUnited StatesNew York City, NY1LeadFeb 2026
Kima VenturesFranceParis1ParticipantDec 2019

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GitGuardian Competitors

GitGuardian competitors include listed companies like Cloudflare, Progress Software and Palo Alto Networks, and private ones like Snyk, Anthropic and OpenAI.

Public and private companies comparable to GitGuardian
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CloudflareUnited StatesUnited StatesPublicly listed$2.2B($25M)$119B44.3x
SnykUnited StatesBoston, MAPrivate$180M-$7.4B41.1x
Progress SoftwareUnited StatesUnited StatesPublicly listed$978M$302M$1.7B2.9x
AnthropicUnited StatesSan Francisco, CAPrivate$47B-$965B20.5x
OpenAIUnited StatesSan Francisco, CAPrivate$25B-$852B34.1x
Palo Alto NetworksUnited StatesUnited StatesPublicly listed$11B$1B$307B25.9x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palo Alto Networks$11B$1B26.7x25.9x301.1x76.9x
CrowdStrike$4.8B($12M)51.4x44.5x(19816.2x)151.0x
IBM$68B$17B4.2x4.0x16.9x14.6x
Fortinet$6.8B$2.3B18.1x15.9x53.7x41.9x
Cloudflare$2.2B($25M)54.6x44.3x(4653.4x)185.1x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
Atlassian$6.6B$142M7.4x7.2x342.1x23.7x
Okta$2.9B$245M10.6x10.0x126.4x36.4x

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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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