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- SEMrush
SEMrush Acquisition, Valuation & Financials
SEMrush was acquired by Adobe for $1.9B in November 2025, a 4.2x multiple on $455M of revenue.
SEMrush revenue at acquisition
$455M
Last twelve months · Nov 2025
SEMrush revenue multiple at acquisition
4.2x
EV/Revenue · Nov 2025
SEMrush EBITDA multiple before the deal
20.6x
EV/EBITDA · last month listed · Mar 2026
About SEMrush
SEMrush Holdings Inc is engaged in the online visibility management software-as-a-service (SaaS) platform. Its platform utilizes data and intelligence at the core surrounded by AI-powered interconnected hubs focused on search engine optimization, paid advertising, social media management, local marketing, brand marketing, and content marketing Geographically, it generates revenues from the United States, the UK, and Others.
Founded
2019
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Revenue
$455M (Nov 2025)
Valuation
$1.9B (acquired Nov 2025)
SEMrush Acquisition
SEMrush was acquired by Adobe for $1.9B on 19 November 2025.
The acquisition price implies a 4.2x revenue multiple on $455M of revenue.
Before the acquisition SEMrush had raised $40M across 1 funding round.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 19 Nov 2025 | Strategic M&A | $1.9B | 4.2x |
SEMrush as a Public Company
SEMrush traded as HAM: 628 before it was taken private. Its acquisition was announced in November 2025. March 2026 is its last month on record as a listed company, with a market cap of $1.8B and an enterprise value of $1.5B.
Last-twelve-month revenue was $456M, with EBITDA of $75M (16% margin), and the shares traded at 3.4x EV/Revenue and 20.6x EV/EBITDA.
Over the 4 years before that, its market cap grew from $1.7B in March 2022 to $1.8B, while revenue grew from $202M to $456M.
SEMrush market cap while listed
SEMrush EV/Revenue (LTM) while listed
| As of | Market cap | Revenue (LTM) | EBITDA (LTM) | EBITDA margin | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Mar 2026 | $1.8B | $456M | $75M | 16% | 3.4x | 20.6x |
| Mar 2025 | $1.4B | $395M | $59M | 15% | 2.9x | 19.4x |
| Mar 2024 | $1.9B | $322M | $26M | 8% | 5.3x | 64.3x |
| Mar 2023 | $1.4B | $267M | ($17M) | -6% | 4.5x | (72.4x) |
| Mar 2022 | $1.7B | $202M | ($2M) | -1% | 7.4x | (916.1x) |
Market cap, enterprise value and last-twelve-month figures are month-end values, up to the last month SEMrush traded.
SEMrush Funding History
SEMrush has raised a total of $40M across 1 funding round.
SEMrush funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2018 | Undisclosed stage | Greycroft (lead); Headline (lead); Siguler Guff & Company (lead) | $40M | SEMrush, a leading competitive intelligence and end-to-end analytics platform for digital marketing professionals, raised $40 million in April 2018 from Greycroft, Headline (also listed as e.ventures in some reports), Siguler Guff & Company, and others. This marked the company's first institutional funding round, aimed at expanding its machine learning-powered market intelligence capabilities and proprietary database covering over 125-150 countries with data on search engine marketing, backlinks, user behavior, social media, and brand mentions. The platform serves more than 2 million digital marketers worldwide, including major brands like Booking.com, eBay, HP, and BNP Paribas, and works with seven of the top 10 AdWords spenders and over 25% of the Fortune 500. The funding enabled SEMrush to extend beyond US-based search engines to platforms like Amazon and Baidu, pursue strategic acquisitions of complementary software companies, scale its executive team, and maintain technical excellence. Headquartered in the US but founded in 2008, SEMrush had reportedly doubled revenue annually while remaining profitable prior to the round. It had recently expanded its product suite and won awards like Best SEO Software Suite in the US, UK, and European Search Awards 2017. Post-round, SEMrush continued growth, eventually going public via IPO in March 2021 raising $300 million. Investors highlighted SEMrush's position as a global leader in digital marketing software amid rising importance of search marketing, where Google dominates referral traffic and digital ad spend. |
Who has invested in SEMrush?
3 investors have backed SEMrush across its funding rounds, including Greycroft, Headline and Siguler Guff & Company.
Lead investors include Greycroft, Headline and Siguler Guff & Company.
SEMrush Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Apr 2018 | ||
This data is available for Pro users. Sign up to see all 3 SEMrush 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 SEMrush
SEMrush has acquired 7 companies to date.
Last acquisition by SEMrush was on October 16th 2024. SEMrush acquired Third Door Media for $6M.
Latest Acquisitions by SEMrush
| Description | Third Door Media is a Seattle-based publisher of digital marketing content and organizer of industry conferences. It produces Search Engine Land for SEO professionals and Search Engine Journal for broader search insights, while hosting SMX Advanced and SMX East events attended by thousands of marketers from agencies and brands worldwide. | Ryte is a software suite for website optimization targeting digital marketers, agencies, and freelancers. The platform aggregates tools for SEO audits, content analysis, technical quality assurance, Core Web Vitals performance monitoring, sustainability scoring, accessibility checks, and compliance with standards like GDPR. Munich-headquartered Ryte processes data from Google Search Console, Google Analytics, and PageSpeed Insights to deliver actionable insights. Launched in 2012, it supports over 10,000 customers worldwide with daily website rankings and error tracking. | Brand24 is a social media monitoring tool tracking online mentions of companies, competitors, and keywords. Warsaw-based since 2010, the platform aggregates data from social networks, blogs, news sites, and forums into a single dashboard for reputation management, customer insights, influencer identification, and campaign analysis. It supports real-time alerts and sentiment analysis for global users. | Traffic Think Tank is a professional network accelerating SEO skills and careers through its Academy training programs and mastermind groups. Based in the United States, the organization offers structured courses on technical SEO, content strategy, and link building. Members access peer feedback, case studies, and expert sessions to boost agency performance and freelance success. | |
| HQ Country | |||||
| HQ City | Edgartown, MA | Munich | Daytona Beach, FL | Philadelphia, PA | |
| Deal Date | 16 Oct 2024 | 12 Jul 2024 | 8 May 2024 | 22 Feb 2023 | |
| Valuation | $6M | undisclosed | $24M | $2M | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all SEMrush acquisitions and their M&A valuation multiples. Start Free Trial | |||||
SEMrush Competitors
SEMrush competitors include listed companies like DoubleVerify, Sprout Social and Zeta Global, and private ones like Bloomreach, VideoAmp and Aleph Group.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $748M | $136M | $2.1B | 2.5x | ||
| Private | $150M | - | $2.2B | 14.7x | ||
| Private | $100M | - | $1.4B | 14.0x | ||
| Publicly listed | $458M | ($31M) | $656M | 1.2x | ||
| Publicly listed | $1.3B | $39M | $7.6B | 4.5x | ||
| Private | - | - | $2B | - |
SEMrush Public Comps
SEMrush is no longer listed, but its public comps include Planisware, Innodata, Business-intelligence, Marketingforce Management, Amplitude, DoubleVerify, Sansan, Karooooo, Affle 3i and LiveRamp.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $228M | $78M | 7.3x | 6.7x | 21.5x | 18.4x | |||
| $252M | $47M | 6.8x | 5.2x | 36.6x | 22.7x | |||
| $389M | $54M | 6.6x | 5.9x | 47.7x | - | |||
| $420M | $22M | 3.8x | 2.7x | 73.4x | 24.4x | |||
| $343M | ($76M) | 4.6x | 4.1x | (21.1x) | 98.8x | |||
| $748M | $136M | 2.7x | 2.5x | 14.6x | 7.4x | |||
| $346M | $67M | 4.3x | 4.2x | 22.3x | 21.9x | |||
| $337M | $148M | 6.3x | 5.7x | 14.3x | 13.8x | |||
This data is available for Pro users. Sign up to see all SEMrush competitors and their valuation data. Start Free Trial | ||||||||
Common questions about SEMrush
| When was SEMrush founded? | SEMrush was founded in 2019. |
| Where is SEMrush headquartered? | SEMrush is headquartered in Boston, MA, United States. |
| Is SEMrush publicly listed? | No, SEMrush was acquired by Adobe in November 2025. |
| Who acquired SEMrush? | SEMrush was acquired by Adobe in November 2025. |
| How much was SEMrush acquired for? | SEMrush was acquired for $1.9B in November 2025, a 4.2x revenue multiple. |
| How much funding has SEMrush raised? | SEMrush has raised $40M across 1 funding round. |
| What was SEMrush's last funding round? | SEMrush's last funding round was a $40M undisclosed-stage round in April 2018, led by Greycroft, Headline and Siguler Guff & Company. |
| Who are SEMrush's investors? | SEMrush's investors include Siguler Guff & Company, Greycroft and Headline. |
| Which companies are comparable to SEMrush? | Companies comparable to SEMrush include DoubleVerify, Bloomreach, VideoAmp, Sprout Social, Zeta Global and Aleph Group. |
| What was SEMrush's market cap before the acquisition? | SEMrush had a market cap of $1.8B in March 2026, its last month on record as a listed company, trading at 3.4x EV/Revenue. |
| What was SEMrush's revenue as a public company? | SEMrush's last reported twelve-month revenue was $456M (March 2026), with EBITDA of $75M. |
| How many companies has SEMrush acquired? | SEMrush has acquired 7 companies, including Third Door Media, Ryte, Brand24, Traffic Think Tank and Kompyte. |
| What was the largest acquisition by SEMrush? | The $24M acquisition of Brand24 in May 2024 is the largest acquisition SEMrush has made to date. |
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