Grafana Labs Revenue, Valuation, Funding & Investors

Grafana Labs is valued at $9B as of March 2026, a 22.5x revenue multiple. Grafana Labs revenue was $400M, as disclosed with its latest round.

Last Grafana Labs valuation

$9B

Series E · Mar 2026

Last Grafana Labs funding round

$250M

Series E · Mar 2026

Grafana Labs revenue

$400M

Series E · Mar 2026

Key investors in Grafana Labs

  • Lightspeed Venture Partners
  • Lead Edge Capital
  • Sequoia Capital
  • Coatue
  • GIC
  • JPMorgan Chase

Grafana Labs Overview

About Grafana Labs

Grafana Labs is a software company that develops the open-source Grafana visualization project and a commercial observability platform built around it. Its products include Grafana Cloud, Grafana Enterprise, and the Loki, Tempo, Mimir and Pyroscope open-source projects for logs, traces, metrics and profiling. The company was formed in 2014 by Raj Dutt, Anthony Woods and Torkel Odegaard and operates as a remote-first business. It grew through acquisitions including Kausal in 2018, k6 and Pace in 2021, Amixr in 2021, Pyroscope and Asserts in 2023 and Logline in 2026. The company reported annual recurring revenue above 400 million dollars and more than 7,000 customers in September 2025. Investors include Lightspeed Venture Partners, Lead Edge Capital, GIC, Sequoia Capital, Coatue, CapitalG and J.P. Morgan.


Founded

2014

HQ

United StatesNew York City, NY

Status

Privately held

Customer focus

B2B

Revenue model

Subscription, Licensing

Revenue

$400M (Mar 2026)

Valuation

$9B (Mar 2026)

Grafana Labs Valuation

Grafana Labs is currently valued at $9B, based on its Series E in March 2026. Read the announcement ↗

Grafana Labs' valuation has grown 3.0x from $3B at its Series C in August 2021 to $9B in March 2026, across 4 priced rounds.

Grafana Labs valuation by funding round

Revenue multiple
Grafana Labs valuation by funding round
DateStageValuationRevenue Multiple
Mar 2026Series E$9B22.5x
Aug 2024Series D$6B24.0x
Apr 2022Series D$5B-
Aug 2021Series C$3B-

Grafana Labs Revenue

Grafana Labs' latest recorded revenue is $400M, as of its Series E in March 2026. At a $9B valuation, that implies a 22.5x revenue multiple.

Revenue grew from $250M in August 2024 to $400M in March 2026, while the revenue multiple moved from 24.0x to 22.5x.

Grafana Labs revenue by funding round

Grafana Labs revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Mar 2026$400M$9B22.5xSeries E
Sep 2025$400M--Secondary
Aug 2024$250M$6B24.0xSeries D

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Grafana Labs Funding History

Grafana Labs has raised a total of $1.1B across 7 funding rounds, plus 1 secondary share sale.

Grafana Labs' first fundraising round was a $1M seed round in December 2018. The most recent completed round was a $250M Series E in March 2026.

Grafana Labs funding rounds

Grafana Labs funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Mar 2026Series E-$250M$9BGrafana Labs raised a Series E round of about $250 million in the first quarter of 2026, according to funding records dated February and March 2026. The financing followed press reports in February 2026 that the observability software company was in talks to raise at a valuation of about $9 billion and that the round could combine new equity with secondary sales. It came after the September 2025 secondary transaction led by Ontario Teachers' Pension Plan and the August 2024 round that valued the company at over $6 billion. Grafana Labs had passed $400 million in annual recurring revenue by early 2026 and served more than 7,000 customers. The company develops the open-source Grafana visualization project and sells Grafana Cloud and Grafana Enterprise, and its other projects include Loki for logs, Tempo for traces, Mimir for metrics and Pyroscope for profiling.
Sep 2025SecondaryOntario Teachers' Pension Plan; Tiger Global; Sapphire Ventures--On 30 September 2025, Grafana Labs announced the completion of a secondary share transaction led by Ontario Teachers' Pension Plan, with participation from Sapphire Ventures and Tiger Global. Existing shareholders Lightspeed Venture Partners, GIC, Coatue, Sequoia Capital, CapitalG and Lead Edge Capital also took part in the transaction. No purchase price, share count or resulting ownership percentage was disclosed. Because the company expressly described the event as a secondary transaction, it is recorded without capital raised or valuation and is kept distinct from Grafana's earlier 2024 Series D and later 2026 financing. Ontario Teachers invested through Teachers’ Venture Growth, its internal late-stage platform, so the canonical pension-plan record is used under the runbook one-house rule. Grafana Labs develops open-source and commercial observability software for visualizing metrics, logs, traces and application performance. At announcement the company said it had surpassed US$400 million in annual recurring revenue and served more than 7,000 customers. The investment was intended to support continued global expansion and product development, including artificial-intelligence features. The event introduced new institutional ownership while giving existing holders a negotiated liquidity route outside the public markets.
Aug 2024Series DLightspeed Venture Partners (lead); K5 Global; Lead Edge Capital; GIC; JPMorgan Chase; CapitalG; Sequoia Capital; Coatue$270M$6BGrafana Labs, the company behind the open-source Grafana observability platform used by over 20 million users worldwide, completed a $270 million primary and secondary transaction on August 21, 2024. This funding was an extension of its 2022 Series D round, led by Lightspeed Venture Partners, with participation from existing investors GIC, Sequoia Capital, Coatue, Lead Edge Capital, J.P. Morgan, and K5 Global, plus new investor CapitalG from Alphabet. The deal valued the company at over $6 billion post-money, up from $3 billion in 2021. The funding will accelerate product development to strengthen market leadership in open-source observability and enable strategic M&A opportunities. Grafana Labs reported surpassing $250 million in annual recurring revenue (ARR) and growing its paying customer base to more than 5,000, including enterprises like Citigroup, Bloomberg, Dell Technologies, Microsoft, and Salesforce. This marks significant growth from 2,000 customers in 2022. Grafana Labs positions itself as the strongest open-source observability platform, excelling in operational dashboarding with capabilities that rival or surpass proprietary solutions. The company has consistently released new products, maintaining its roots in open source while building a sustainable enterprise business. Investors highlighted the company's execution and market validation during uncertain times.
Apr 2022Series DGIC (lead); Lead Edge Capital; JPMorgan Chase; Sequoia Capital; Lightspeed Venture Partners; Coatue$240M$5BGrafana Labs, the company behind the open-source Grafana observability and data visualization platform, raised $240 million in a Series D funding round on April 6, 2022, led by GIC with participation from new investor J.P. Morgan and existing investors including Sequoia Capital, Coatue, Lightspeed Venture Partners, and Lead Edge Capital. The round brought total funding to $540 million following the $220 million Series C in August 2021. The funding aims to accelerate delivery of open-source and cloud products for observability, supporting global growth particularly in APAC via GIC's network, and enhancing capabilities for its community and over 2,000 paying customers like Bloomberg, J.P. Morgan Chase, eBay, PayPal, and Sony. At the time, Grafana had over 900,000 active installations worldwide and 10 million users, with adoption growing 25x in the prior six years. GIC highlighted Grafana's product-led growth and ability to monetize free user adoption into consistent business results.
Aug 2021Series CCoatue (lead); Sequoia Capital (lead); Lead Edge Capital; GIC; Lightspeed Venture Partners; Crew Capital$220M$3BGrafana Labs raised $220M in a funding round on August 24, 2021, led by Coatue and Sequoia Capital, with participation from Lightspeed Venture Partners, GIC, Lead Edge Capital, and others including Crew Capital. The investment valued the company at a **post-money valuation of $3 billion**, more than ten times the Series A valuation two years prior. Carl Eschenbach from Sequoia and David Schneider from Coatue joined the board as part of the deal. The capital was intended to accelerate global adoption and development of Grafana's open-source visualization and observability platform, including rapid growth in Grafana Cloud, Loki for logs, Prometheus for metrics, and Tempo 1.0 for tracing. At the time, Grafana Labs had doubled headcount to nearly 500 remote employees across more than 40 countries and recently acquired k6 for load testing and Pace.dev for developer tools. The company served over 7,000 customers and 25 million users, focusing on enterprise reliability, incident resolution, and telemetry optimization. This Series C round followed minimal early funding of $4M in the first five years, highlighting a strategic shift to growth capital. Later developments include a $240M Series D in 2022 and a $270M primary/secondary extension in 2024 at $6B valuation with $250M+ ARR, but these post-date the queried 2021 round.
Aug 2020Series BLightspeed Venture Partners (lead); Lead Edge Capital$50M-Grafana Labs raised $50 million in an oversubscribed Series B funding round on August 17, 2020, led by Lightspeed Venture Partners with participation from existing investor Lead Edge Capital. This followed their October 2019 Series A of $24 million, bringing total funding to $75.2 million since 2015. The company, headquartered in New York and founded in 2014, provides an open-source platform for visualizing metrics, logs, and traces data, with commercial products including Grafana Enterprise and Grafana Cloud. The funds were intended to accelerate R&D in open-source projects like Grafana query and visualization, Loki logging, Prometheus metrics, and upcoming tracing for application performance monitoring. At the time, Grafana Labs reported over 500,000 active installations and millions of dashboards in use, highlighting strong community adoption. CEO Raj Dutt noted plans to invest from their balance sheet in an accelerator program for open-source ecosystem participants, given their vibrant developer community larger than current revenue size. Grafana Labs has since raised larger rounds, including a Series C in 2021 at implied multi-billion valuation, Series D in 2022, and extensions reaching $6 billion valuation in August 2024 with $270 million led by Lightspeed and others like Lead Edge Capital. Recent metrics include over $270 million ARR in 2024 and $400 million ARR with 7,000 customers by September 2025, but these post-date the 2020 round significantly.
Oct 2019Series ALightspeed Venture Partners (lead); Lead Edge Capital$24M-Grafana Labs, the company behind the open-source Grafana project for data visualization and monitoring, announced a $24 million Series A funding round on October 24, 2019, led by Lightspeed Venture Partners with participation from Lead Edge Capital. The funding aimed to invest further in the open-source community, accelerate growth, and develop an open and composable observability platform centered on Grafana, including support for projects like Loki, an open-source monitoring tool similar to Prometheus. The company, which started as a commercial layer atop the open-source Grafana tool, had expanded its offerings by this time. The investment was described as enabling the startup to scale after building community value through open-source projects that translated into sustainable business growth. New executive hires were announced alongside the round, including Douglas Hanna as COO, Dave Kranowitz as VP of global sales, and Ryan McKinley as VP of applications. Later rounds provide context for Grafana Labs' trajectory: a $50 million Series B in 2020 (total raised then $75.2 million since 2015), Series C in 2020 at $3 billion valuation with $220 million raised, and subsequent Series D extensions reaching over $6 billion valuation by 2024 with $270 million raised and $250 million ARR reported then.
Dec 2018Seed-$1M-Grafana Labs, the company behind the open-source Grafana project for visualizing metrics and monitoring data, raised a seed round of about $1.2 million in December 2018. The round came shortly after the company acquired Kausal and before it began building its commercial cloud and enterprise offerings. It was the first outside financing recorded for the business, which had been founded in 2014 around the Grafana project created by Torkel Odegaard. The capital supported the development of Grafana Cloud and the Loki logging project, and set up the Series A that followed in October 2019, led by Lightspeed Venture Partners with Lead Edge Capital. Grafana Labs is headquartered in New York, operates as a remote-first company, and sells Grafana Enterprise and Grafana Cloud to businesses that monitor their applications and infrastructure.

Who has invested in Grafana Labs?

12 investors have backed Grafana Labs across its funding rounds, including Lightspeed Venture Partners, Lead Edge Capital, Sequoia Capital, Coatue, GIC and JPMorgan Chase.

Lead investors include Lightspeed Venture Partners, GIC, Coatue and Sequoia Capital.


Grafana Labs Investors

Investors in Grafana Labs by funding rounds participated
InvestorHQRoundsRoleFirst check
Lead Edge CapitalUnited StatesNew York City, NY5ParticipantOct 2019
Lightspeed Venture PartnersUnited StatesSan Francisco, CA5LeadOct 2019
GICSingaporeSingapore3LeadAug 2021
Sequoia CapitalUnited StatesSan Francisco, CA3LeadAug 2021
CoatueUnited StatesNew York City, NY3LeadAug 2021
JPMorgan ChaseUnited StatesNew York City, NY2ParticipantApr 2022
K5 GlobalUnited StatesSan Francisco, CA1ParticipantAug 2024
Ontario Teachers' Pension PlanCanadaToronto1ParticipantSep 2025
CapitalGUnited StatesSan Francisco, CA1ParticipantAug 2024
Tiger GlobalUnited StatesNew York City, NY1ParticipantSep 2025

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Acquisitions by Grafana Labs

Grafana Labs has acquired 7 companies to date.

Last acquisition by Grafana Labs was on April 20th 2026. Grafana Labs acquired Logline for undisclosed valuation.


Latest Acquisitions by Grafana Labs

Logline
Asserts
Pyroscope
Amixr
Description
Logline delivers ultra-fast, cost-effective log search for observability stacks like Loki.
Asserts is an observability platform that analyzes Prometheus metrics to deliver root cause insights without data migration or extra storage costs. It enhances native Prometheus setups with AI-driven anomaly detection and alert correlation for Kubernetes and cloud-native infrastructures. San Francisco-headquartered, Asserts serves DevOps teams at companies like Datadog users and handles millions of metrics daily across global deployments.
Pyroscope is an open-source platform for continuous profiling of applications in production environments. The Oakland, California-headquartered company, founded in 2020, enables developers to capture CPU, memory, and latency profiles from services written in Go, Python, Ruby, PHP, and Java. Pyroscope generates interactive flame graphs and integrates with Prometheus and Grafana for visualizing performance bottlenecks without service restarts. Its server architecture supports querying historical data from pprof-compatible sources.
Amixr is a Vienna-based incident management platform integrated with Slack for IT operations teams. The tool routes alerts to optimized channels, selects recipients dynamically, and customizes notifications to accelerate resolution. Amixr connects with monitoring services like Datadog and PagerDuty for unified workflows.
HQ Country-United StatesUnited StatesUnited States
HQ City
-
San Francisco, CA
San Francisco, CA
San Francisco, CA
Deal Date20 Apr 202614 Nov 202315 Mar 202312 Nov 2021
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Investments by Grafana Labs

Grafana Labs has invested in 2 companies to date.

Latest investment by Grafana Labs was on October 9th 2026. Grafana Labs invested in OllyGarden in their $4M Seed round.


Latest Investments by Grafana Labs

OllyGarden
OllyGarden
Isovalent
Description
OllyGarden is a software company supplying observability tools for optimizing telemetry collection and monitoring data in IT infrastructures.
OllyGarden is a software company supplying observability tools for optimizing telemetry collection and monitoring data in IT infrastructures.
Isovalent is a networking software company building open-source eBPF-based tools like Cilium for cloud-native infrastructure security, observability, and connectivity. Adopted by organizations such as Adobe, AWS, Capital One, Datadog, GitLab, and Google, the Cupertino, California- and Zurich-headquartered firm was acquired by Cisco in 2023 to advance Kubernetes networking.
HQ CountryGermanyGermanyUnited States
HQ City
Berlin
Berlin
San Jose, CA
Deal Date9 Oct 20269 Jul 20257 Sep 2022
RoundSeedPre-seedSeries B
Raised$4M$2M$40M
InvestorsACTAI Ventures; DIG Ventures; Grand Ventures; Dash0; NEXT Frontier Capital; Datadog VenturesBatuhan Uslu; DIG Ventures; Dash0; Ian Livingstone; Chris Aniszczyk; Datadog Ventures; Ben SigelmanAndreessen Horowitz; M12; Mango Capital; Cisco; Mirae Asset Capital; Thomvest Ventures; Alphabet
Valuationundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Grafana Labs Competitors

Grafana Labs competitors include listed companies like Elastic, Dynatrace, PagerDuty and Datadog, and private ones like Sonar and Kaseya.

Public and private companies comparable to Grafana Labs
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ElasticNetherlandsNetherlandsPublicly listed$1.7B$35M$10B5.0x
DynatraceUnited StatesUnited StatesPublicly listed$2B$276M$17B7.2x
SonarSwitzerlandGenevaPrivate$175M-$4.7B26.9x
KaseyaUnited StatesMiami, FLPrivate--$1.8B-
PagerDutyUnited StatesUnited StatesPublicly listed$493M$17M$1.3B2.6x
DatadogUnited StatesUnited StatesPublicly listed$3.4B($588K)$84B18.8x

Grafana Labs Public Comps

Grafana Labs is still privately-owned, but its public comps include GitLab, Elastic, CommVault Systems, Open Text, JFrog, SenseTime Group, Octave Intelligence, Presight AI, Freshworks and Sportradar.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
GitLab$955M($82M)8.2x7.2x(94.7x)48.8x
Elastic$1.7B$35M5.4x5.0x269.6x27.1x
CommVault Systems$1.2B$84M5.7x5.4x80.3x24.9x
Open Text$5.2B$1.8B2.2x2.2x6.5x6.3x
JFrog$532M($67M)20.4x17.1x(160.8x)85.6x
SenseTime Group$753M($71M)6.5x5.2x(68.8x)51.2x
Octave Intelligence$1.6B$530M3.9x3.8x11.7x11.2x
Presight AI$825M$214M6.0x4.9x23.0x19.1x

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Common questions about Grafana Labs

When was Grafana Labs founded?Grafana Labs was founded in 2014.
Where is Grafana Labs headquartered?Grafana Labs is headquartered in New York City, NY, United States.
Is Grafana Labs publicly listed?No, Grafana Labs is a private, VC-backed company.
What is Grafana Labs' valuation?Grafana Labs was last valued at $9B in its Series E in March 2026.
How much funding has Grafana Labs raised?Grafana Labs has raised $1.1B across 7 funding rounds.
What was Grafana Labs' last funding round?Grafana Labs' last funding round was a $250M Series E in March 2026.
Who are Grafana Labs' investors?Grafana Labs' investors include Lead Edge Capital, Lightspeed Venture Partners, GIC, Sequoia Capital, Coatue, JPMorgan Chase, K5 Global, Ontario Teachers' Pension Plan, CapitalG, Tiger Global and 2 others.
What is Grafana Labs' revenue?Grafana Labs' latest recorded revenue is $400M (March 2026).
What is Grafana Labs' revenue multiple?Grafana Labs' latest valuation implies a 22.5x revenue multiple ($9B valuation on $400M of revenue).
Which companies are comparable to Grafana Labs?Companies comparable to Grafana Labs include Elastic, Dynatrace, Sonar, Kaseya, PagerDuty and Datadog.
How many companies has Grafana Labs acquired?Grafana Labs has acquired 7 companies, including Logline, Asserts, Pyroscope, Amixr and Pace.
How many companies has Grafana Labs invested in?Grafana Labs has invested in 2 companies, including OllyGarden and Isovalent.
What was Grafana Labs' last investment?In October 2026, Grafana Labs invested in OllyGarden's $4M seed round alongside ACTAI Ventures, DIG Ventures, Grand Ventures and 3 other investors.

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