Kaseya Valuation, Funding & Investors
Kaseya is valued at $1.8B as of May 2019.
Last Kaseya valuation
$1.8B
Undisclosed stage · May 2019
Last Kaseya funding round
Undisclosed stage
Amount undisclosed · Apr 2022
Cumulative funding Kaseya raised
$547M
across 4 funding rounds
Key investors in Kaseya
Insight Partners
TPG
Temasek
Sixth Street
Ireland Strategic Investment Fund
About Kaseya
Kaseya is an American IT management and security software company headquartered in Miami, Florida. Mark Sutherland and Paul Wong founded it in California in 2000. It sells software to managed service providers (MSPs) and internal IT departments, led by Kaseya VSA for remote monitoring and management, IT Glue for IT documentation, and backup and disaster-recovery products. Revenue comes mainly from recurring subscriptions, and the company reported more than $1.5 billion of annual recurring revenue by 2025. Kaseya grew through acquisitions, including IT Glue, Unitrends and RapidFire Tools in 2018 and Datto for $6.2 billion in 2022. Insight Partners holds the majority of the equity, with TPG, Temasek and Sixth Street as further investors. In July 2021 the REvil ransomware group exploited Kaseya VSA, reaching about 60 direct customers and up to 1,500 downstream organisations; the company had roughly 36,000 customers at the time. Kaseya employed about 5,000 people in January 2026, and Rania Succar became chief executive in June 2025 after Fred Voccola stepped down.
Founded
2000
HQ
Miami, FLWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1.8B (May 2019)
Kaseya Valuation
Kaseya is currently valued at $1.8B, based on its undisclosed-stage round in May 2019. Read the announcement ↗
The $500M round was led by TPG, with participation from Insight Partners.
Kaseya valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| May 2019 | Undisclosed stage | $1.8B |
Kaseya Funding History
Kaseya has raised a total of $547M across 4 funding rounds.
Kaseya's first fundraising round was a $45M undisclosed-stage round in November 2017. The most recent completed round was a undisclosed-stage round in April 2022.
Kaseya funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2022 | Undisclosed stage | Insight Partners (lead); Temasek; Sixth Street; TPG | - | - | Kaseya raised new equity from a consortium led by Insight Partners, with significant investment from TPG Capital and Temasek and participation from investors including Sixth Street, to fund its acquisition of Datto announced on 11 April 2022. Under the agreement Kaseya agreed to buy Datto, then listed on the New York Stock Exchange, for $35.50 per share in cash, valuing Datto at approximately $6.2 billion and representing a 52% premium to its unaffected share price. The all-cash purchase was financed by the equity consortium; the size of each investor's commitment was not disclosed. Kaseya chief executive Fred Voccola said the combination would give managed service providers more functional and integrated products, and Insight Partners said it would continue to support Kaseya as a leader in IT infrastructure and security software. Kaseya, headquartered in Miami, provides unified IT management and security software to managed service providers and small and mid-sized businesses. Its products cover remote monitoring and management, endpoint security, backup, documentation and professional services automation, sold on a subscription basis. Datto, based in Norwalk, Connecticut, sells security and cloud-based software built for managed service providers, including backup and disaster recovery. Insight Partners had been Kaseya's main investor since earlier growth investments, and the consortium financing added TPG, Temasek and Sixth Street to its shareholder base. |
| Jul 2020 | Seed | - | $2M | - | - |
| May 2019 | Undisclosed stage | TPG (lead); Insight Partners | $500M | $1.8B | Kaseya, a Dublin, Ireland-based provider of IT infrastructure management and automation software, secured over $500 million in growth equity funding on May 3, 2019, led by TPG entities including TPG Growth, TPG Tech Adjacencies, and TPG Sixth Street Partners, with participation from existing investor Insight Partners, which has owned a majority stake since 2013. The investment valued the company at $1.75 billion post-money and was intended to fuel strategic acquisitions, international expansion, and R&D investment in its unified IT management platform serving managed service providers and SMBs. At the time, Kaseya reported strong momentum with over 30% business growth in 2018, serving more than 40,000 customers worldwide and managing over 10 million endpoints. The company had completed ten acquisitions in the prior six years, including IT Glue, RapidFire Tools, Spanning Cloud Apps, Vorex, Unigma, and Unitrends, positioning it as a comprehensive 'single pane of glass' solution in the rapidly expanding IT management market. CEO Fred Voccola highlighted the platform's appeal for efficient, integrated technology at competitive pricing. TPG partner Nehal Raj praised Kaseya's innovative products, management team, and customer base for future success. Shortly after the round, Kaseya announced the acquisition of ID Agent to bolster threat intelligence and endpoint protection capabilities. Voccola projected potential to reach $1 billion in annual sales within four years, driven by SMB technology adoption, though specific 2019 revenue or ARR figures were not disclosed. Evercore Partners advised Kaseya, while Barclays advised TPG. |
| Nov 2017 | Undisclosed stage | Ireland Strategic Investment Fund (lead) | $45M | - | Kaseya, a leading provider of complete IT management solutions for managed service providers (MSPs) and midsized enterprises, received a €19 million investment from the Ireland Strategic Investment Fund (ISIF) in 2017 as part of a wider funding round totaling over €38 million ($45 million). The company, majority owned by Insight Venture Partners, planned to create up to 130 new jobs in Ireland, expanding its existing Dublin operations from approximately 30 employees. ISIF's investment aimed to support economic activity and employment while delivering commercial returns, further strengthening ties with Insight, which managed a global software fund with ISIF capital commitment. The funding supported Kaseya's growth in Ireland, positioning the country as a hub for its software development and EU presence. CEO Fred Voccola highlighted Ireland's appeal for developing industry-leading solutions, contributing to the nation's IT leadership reputation. ISIF's Head of Private Equity, Fergal McAleavey, emphasized the economic impact through high-quality software jobs and confidence in strong returns. Kaseya operates in 20 countries, focusing on IT management for MSPs and midmarket enterprises. The investment aligned with ISIF's mandate to invest commercially while boosting Ireland's economy, filling funding gaps for growing software firms. |
Who has invested in Kaseya?
5 investors have backed Kaseya across its funding rounds, including Insight Partners, TPG, Temasek, Sixth Street and Ireland Strategic Investment Fund.
Lead investors include Insight Partners, TPG and Ireland Strategic Investment Fund.
Kaseya Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| San Francisco, CA | 2 | Lead | May 2019 | |
| New York City, NY | 2 | Lead | May 2019 | |
 Singapore | 1 | Participant | Apr 2022 | |
This data is available for Pro users. Sign up to see all 5 Kaseya investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Kaseya
Kaseya has acquired 16 companies to date.
Last acquisition by Kaseya was on October 7th 2025. Kaseya acquired Inky for undisclosed valuation.
Latest Acquisitions by Kaseya
| Description | Inky is a cybersecurity firm specializing in email protection against phishing attacks. Its cloud-based Phish Fence platform employs AI, machine learning, and computer vision to detect sophisticated threats bypassing traditional filters. The system quarantines risky emails or delivers them with disabled links and warnings, integrating seamlessly with Office 365, Exchange, and Google Workspace. College Park, Maryland-headquartered since 2008, Inky secures enterprise inboxes globally. | SaaS Alerts is a Wilmington, North Carolina-headquartered cloud security firm targeting managed service providers. Founded in 2020, it monitors SaaS environments like Microsoft 365 and Google Workspace for data exfiltration, exposure risks, and insider threats. The platform auto-generates tickets in PSA systems such as ConnectWise and Autotask for swift remediation, allowing MSPs to secure client applications and generate new revenue streams. | Vonahi Security is a cybersecurity firm at vonahi.io offering automated penetration testing. Its vPenTest platform simulates internal and external network attacks, scanning for vulnerabilities in firewalls and web apps. Adopted by 1,500 organizations worldwide, the tool delivers reports with CVSS scores and remediation steps. Headquartered in Austin, Texas, Vonahi replicates manual red team tactics affordably for SMBs and enterprises. Launched in 2022, it integrates with SIEM systems like Splunk for continuous monitoring. | ConnectBooster is a payment automation platform designed for managed service providers and IT consultancies. Based in Tampa, Florida, it handles invoicing, collections, and recurring billing through integrations with QuickBooks and ConnectWise. The service processes payments via credit card, ACH, and checks, serving MSPs across the United States. ConnectBooster maintains partnerships with cybersecurity firms and operates in compliance with PCI standards. | |
| HQ Country | | | | | |
| HQ City | Washington, DC | Wilmington, DE | Atlanta, GA | Fargo, ND | |
| Deal Date | 7 Oct 2025 | 29 Oct 2024 | 24 Apr 2023 | 5 Oct 2022 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Kaseya acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Kaseya Competitors
Kaseya competitors include listed companies like PagerDuty and Elastic, and private ones like Sonar, Grafana Labs, Komodor and Fleet Device Management.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| United States | Publicly listed | $493M | $17M | $1.3B | 2.6x | |
 Geneva | Private | $175M | - | $4.7B | 26.9x | |
| New York City, NY | Private | $400M | - | $9B | 22.5x | |
 Netherlands | Publicly listed | $1.7B | $35M | $10B | 5.0x | |
 Tel Aviv | Private | - | - | $115M | - | |
| San Francisco, CA | Private | - | - | $100M | - |
Kaseya Public Comps
Kaseya is still privately-owned, but its public comps include ESDS Software, PagerDuty, Beijing Ultrapower, Datagroup, Dameng Database, Beijing ZZNode, Wiscom System, Bonree Data Technology, Beijing Baolande Software and Suresofttech.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $50M | $25M | 26.2x | 9.5x | 52.5x | 38.9x | |||
| $493M | $17M | 2.6x | 2.6x | 76.2x | 9.0x | |||
| $875M | $166M | 2.1x | 1.9x | 11.3x | 10.8x | |||
| $633M | $93M | 1.5x | 1.5x | 10.0x | 9.5x | |||
| $196M | $84M | 12.1x | 9.6x | 28.2x | 21.1x | |||
| $64M | $19M | 10.8x | - | 35.5x | - | |||
| $235M | $13M | 1.5x | - | 26.2x | - | |||
| $19M | ($13M) | 17.8x | 15.4x | (26.3x) | (42.7x) | |||
This data is available for Pro users. Sign up to see all Kaseya competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Kaseya
| When was Kaseya founded? | Kaseya was founded in 2000. |
| Where is Kaseya headquartered? | Kaseya is headquartered in Miami, FL, United States. |
| Is Kaseya publicly listed? | No, Kaseya is a private, VC-backed company. |
| What is Kaseya's valuation? | Kaseya was last valued at $1.8B in its undisclosed-stage round in May 2019. |
| How much funding has Kaseya raised? | Kaseya has raised $547M across 4 funding rounds. |
| What was Kaseya's last funding round? | Kaseya's last funding round was a undisclosed-stage round in April 2022, led by Insight Partners. |
| Who are Kaseya's investors? | Kaseya's investors include TPG, Insight Partners, Temasek, Sixth Street and Ireland Strategic Investment Fund. |
| Which companies are comparable to Kaseya? | Companies comparable to Kaseya include PagerDuty, Sonar, Grafana Labs, Elastic, Komodor and Fleet Device Management. |
| How many companies has Kaseya acquired? | Kaseya has acquired 16 companies, including Inky, SaaS Alerts, Vonahi Security, ConnectBooster and Datto. |
| What was the largest acquisition by Kaseya? | The $6.2B acquisition of Datto in April 2022 is the largest acquisition Kaseya has made to date. |
See companies similar to Kaseya
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.