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- Socket
Socket Revenue, Valuation, Funding & Investors
Socket is valued at $1B as of May 2026.
Last Socket valuation
$1B
Series C · May 2026
Last Socket funding round
$60M
Series C · May 2026
Socket revenue
$17M
Series A · Aug 2023
Key investors in Socket
Andreessen Horowitz
Abstract
Balaji Srinivasan
Guillermo Rauch
Capital One Ventures
Dylan Field
About Socket
Socket secures open source software supply chains against attacks targeting application dependencies. The platform blocks threats proactively in the JavaScript ecosystem rather than merely reporting known vulnerabilities. San Francisco-headquartered and developed by maintainers of packages with billions of monthly downloads, Socket defends developers through real-time detection across npm and other registries.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$17M (Aug 2023)
Valuation
$1B (May 2026)
Socket Valuation
Socket is currently valued at $1B, based on its Series C in May 2026.
The $60M round was led by Thrive Capital, with participation from Sven Wollschlaeger, Michael Ovitz, Andreessen Horowitz, Capital One Ventures, Nick Marwell and 3 other investors.
Socket's valuation has grown 8.1x from $124M at its Series A in August 2023 to $1B in May 2026, across 2 priced rounds.
Socket valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2026 | Series C | $1B | - |
| Aug 2023 | Series A | $124M | 7.3x |
Socket Revenue
Socket's latest recorded revenue is $17M, as of its Series A in August 2023. At a $124M valuation, that implies a 7.3x revenue multiple.
Socket revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Aug 2023 | $17M | $124M | 7.3x | Series A |
* 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.
Socket Funding History
Socket has raised a total of $125M across 4 funding rounds.
Socket's first fundraising round was a $5M seed round in May 2022. The most recent completed round was a $60M Series C in May 2026.
Socket funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2026 | Series C | Thrive Capital (lead); Sven Wollschlaeger; Michael Ovitz; Andreessen Horowitz; Capital One Ventures; Nick Marwell; Abstract; Michael Lai; Elad Gil | $60M | $1B | Socket raised USD 60 million in a Series C financing at a USD 1 billion valuation, led by Thrive Capital with participation from Andreessen Horowitz, Abstract Ventures, and Capital One Ventures. The company said the new capital will be used for product development and team expansion, and the round brought its total funding to USD 125 million. The financing reflects demand for software supply chain security as enterprises try to secure open source and AI-generated code entering production. Socket positions itself as a developer-first security platform that protects companies from software supply chain attacks and open source dependency risk. Socket was founded in 2020 and is based in San Francisco. Its platform is used to govern third-party code without disrupting engineering output, and the company is scaling in response to increased code volumes driven by AI-accelerated development. |
| Oct 2024 | Series B | Abstract (lead); Jeff Lawson; Ann Mather; Scott Johnston; Tobias Lütke; Jerry Chih Yuan Yang; Andreessen Horowitz; Bret Taylor; Phil Venables; Christina Cacioppo | $40M | - | Socket is a San Francisco-based software supply chain security platform that detects and prevents threats in open-source code, including backdoors, typo-squatting, and malware, with AI-powered threat detection supporting six programming languages. It protects companies by monitoring open-source packages in real-time, blocking over 100 software supply chain attacks weekly, and serving customers like Anthropic, Harvey, Figma, Vercel, and a major U.S. bank. The company now safeguards over 7,500 organizations, 300,000 GitHub repositories, and supports more than 1 million developers worldwide, with over 100 direct customers. On October 22, 2024, Socket raised $40 million in a Series B funding round led by Abstract Ventures, with participation from Andreessen Horowitz (a16z), Elad Gil, and prominent angels including Bret Taylor (OpenAI), Phil Venables (Google), Scott Johnston (Docker), Christina Cacioppo (Vanta), Ann Mather (Pixar, Alphabet, Netflix, Airbnb), and Tobias Lütke (Shopify). This brought total funding to $65 million following a prior Series A in August 2023, described as a pre-emptive raise with Series A funds not yet fully deployed. The capital will expand Socket's team in engineering, product, design, and sales to accelerate development amid rising demand for supply chain security, especially as AI generates more code with potential vulnerabilities. Socket positions itself in a market projected to reach $3.5 billion by 2027, competing against legacy SCA tools by offering a rip-and-replace, developer-friendly solution. CEO Aboukhadijeh noted 400% revenue growth on track for 2024, highlighting rapid traction in open-source security. |
| Aug 2023 | Series A | Andreessen Horowitz (lead) | $20M | $124M | Socket is a developer-first security platform that protects applications from software supply chain attacks by scanning open source code for vulnerabilities. The company raised a $20 million Series A round on August 1, 2023, led by Andreessen Horowitz, with participation from investors including Aaron Levie, Abstract Ventures, Arash Ferdowsi, Dylan Field, and Elad Gil. Prior to this, Socket completed a Series A-1 round on May 11, 2022, raising $2.85 million at a $56.25 million valuation with investors like Andrew Peterson, Balaji Srinivasan, Chad Hurley, Charlie Cheever, Dan Boneh, Daniel Gross, Dylan Field, Elad Gil, and Freddy Kerrest. In October 2024, Socket raised a $40 million Series B round, described as pre-emptive since the Series A funds were not fully deployed, bringing total funding to $65 million. Participants included Elad Gil, Andreessen Horowitz, Jerry Yang, Bret Taylor, Jeff Lawson, and Tobias Lütke. Customers include Anthropic, Harvey, Figma, Vercel, a major U.S. bank, and a leading AI company, with over 100 customers protecting 7,500 organizations, 300,000 code repositories, and 1 million developers. The CEO noted plans for 400% revenue growth in 2024 amid rising AI-generated code risks. Socket operates in the growing software supply chain security market, addressing enterprise risks where 88% of companies see poor security as a major threat. |
| May 2022 | Seed | Daniel Gross; Balaji Srinivasan; Fred Ehrsam; Chad Hurley; Charlie Cheever; Guillermo Rauch; Dylan Field; Andrew Peterson; Haroon Meer; John Collison; Jed McCaleb; 515 Ventures | $5M | - | - |
Who has invested in Socket?
29 investors have backed Socket across its funding rounds, including Andreessen Horowitz, Abstract, Balaji Srinivasan, Guillermo Rauch, Capital One Ventures and Dylan Field.
Lead investors include Thrive Capital, Abstract and Andreessen Horowitz.
Socket Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Aug 2023 | ||
| 2 | Lead | Oct 2024 | ||
| 1 | Participant | May 2022 | ||
| 1 | Participant | May 2022 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Participant | May 2022 | ||
| 1 | Participant | May 2022 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2022 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2022 | ||
This data is available for Pro users. Sign up to see all 29 Socket 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 Socket
Socket has acquired 2 companies to date.
Last acquisition by Socket was on April 27th 2026. Socket acquired Annex Security for undisclosed valuation.
Latest Acquisitions by Socket
| Description | Annex Security is an enterprise platform securing and managing browser extensions to shield organizations from malicious software in work environments. | Coana is a cybersecurity platform specializing in reachability analysis for software composition analysis tools. The Tel Aviv-based company integrates with popular SCA scanners to filter out unreachable vulnerabilities in codebases and dependencies, enabling engineering teams to focus on exploitable risks. Founded in 2023 by program analysis researchers from Technion and Weizmann Institute, Coana attracts investment from Sequoia Capital and Essence VC. Its static analysis engine examines control and data flow across entire applications, supporting languages like Java, Python, and JavaScript. |
| HQ Country | - | |
| HQ City | - | Aarhus |
| Deal Date | 27 Apr 2026 | 23 Apr 2025 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Socket acquisitions and their M&A valuation multiples. Start Free Trial | ||
Socket Competitors
Socket competitors include listed companies like Progress Software and NSFOCUS, and private ones like Aikido Security, Aqua Security, BigID and BlueVoyant.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $978M | $302M | $1.7B | 2.9x | ||
| Private | $13M | - | $1B | 76.9x | ||
| Private | - | - | $1B | - | ||
| Private | $100M | - | $1B | 10.0x | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $379M | $37M | $955M | 2.4x |
Socket Public Comps
Socket is still privately-owned, but its public comps include Qt Group, NSFOCUS, BeiJing Certificate, Yubico, Rapid7, Riskified, Asiainfo Security, Mitek Systems, Eastcompeace Tech and Red Violet.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $249M | $62M | 4.3x | 3.9x | 17.3x | 16.0x | |||
| $379M | $37M | 2.6x | 2.4x | 26.1x | 25.6x | |||
| $125M | ($12M) | 6.7x | - | (70.9x) | - | |||
| $226M | $19M | 3.3x | 3.2x | 39.7x | 25.6x | |||
| $860M | $63M | 1.3x | 1.3x | 17.4x | 6.8x | |||
| $345M | ($31M) | 1.8x | 1.6x | (20.3x) | 19.0x | |||
| $1.2B | ($11M) | 1.2x | 1.1x | (126.2x) | 339.7x | |||
| $180M | $37M | 4.1x | 3.7x | 19.9x | 11.2x | |||
This data is available for Pro users. Sign up to see all Socket competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Socket
| When was Socket founded? | Socket was founded in 2020. |
| Where is Socket headquartered? | Socket is headquartered in San Francisco, CA, United States. |
| Is Socket publicly listed? | No, Socket is a private, VC-backed company. |
| What is Socket's valuation? | Socket was last valued at $1B in its Series C in May 2026. |
| How much funding has Socket raised? | Socket has raised $125M across 4 funding rounds. |
| What was Socket's last funding round? | Socket's last funding round was a $60M Series C in May 2026, led by Thrive Capital. |
| Who are Socket's investors? | Socket's investors include Andreessen Horowitz, Abstract, Daniel Gross, Balaji Srinivasan, Jeff Lawson, Ann Mather, Fred Ehrsam, Chad Hurley, Scott Johnston, Sven Wollschlaeger and 19 others. |
| What is Socket's revenue? | Socket's latest recorded revenue is $17M (August 2023). |
| What is Socket's revenue multiple? | Socket's latest valuation implies a 7.3x revenue multiple ($124M valuation on $17M of revenue). |
| Which companies are comparable to Socket? | Companies comparable to Socket include Progress Software, Aikido Security, Aqua Security, BigID, BlueVoyant and NSFOCUS. |
| How many companies has Socket acquired? | Socket has acquired 2 companies, including Annex Security and Coana. |
See companies similar to Socket
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