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

Socket Overview

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

United StatesSan Francisco, CA

Website

socket.dev

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
Socket valuation by funding round
DateStageValuationRevenue Multiple
May 2026Series C$1B-
Aug 2023Series A$124M7.3x

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

Socket revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Aug 2023$17M$124M7.3xSeries 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

Socket funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2026Series CThrive Capital (lead); Sven Wollschlaeger; Michael Ovitz; Andreessen Horowitz; Capital One Ventures; Nick Marwell; Abstract; Michael Lai; Elad Gil$60M$1BSocket 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 2024Series BAbstract (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 2023Series AAndreessen Horowitz (lead)$20M$124MSocket 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 2022SeedDaniel 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

Investors in Socket by funding rounds participated
InvestorHQRoundsRoleFirst check
Andreessen HorowitzUnited StatesSan Francisco, CA3LeadAug 2023
AbstractUnited StatesSan Francisco, CA2LeadOct 2024
Daniel GrossUnited StatesSan Francisco, CA1ParticipantMay 2022
Balaji SrinivasanSingaporeSingapore1ParticipantMay 2022
Jeff LawsonUnited StatesUnited States1ParticipantOct 2024
Ann MatherUnited StatesColumbus, OH1ParticipantOct 2024
Fred EhrsamUnited StatesSan Francisco, CA1ParticipantMay 2022
Chad HurleyUnited StatesSan Francisco, CA1ParticipantMay 2022
Scott JohnstonUnited StatesSan Francisco, CA1ParticipantOct 2024
Sven WollschlaegerUnited StatesNew York City, NY1ParticipantMay 2026
Charlie CheeverUnited StatesSan Francisco, CA1ParticipantMay 2022
Michael OvitzUnited StatesLos Angeles, CA1ParticipantMay 2026
Guillermo RauchUnited StatesSan Francisco, CA1ParticipantMay 2022

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions 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

Annex Security
Coana
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-Denmark
HQ City
-
Aarhus
Deal Date27 Apr 202623 Apr 2025
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Socket Competitors

Socket competitors include listed companies like Progress Software and NSFOCUS, and private ones like Aikido Security, Aqua Security, BigID and BlueVoyant.

Public and private companies comparable to Socket
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Progress SoftwareUnited StatesUnited StatesPublicly listed$978M$302M$1.7B2.9x
Aikido SecurityBelgiumGhentPrivate$13M-$1B76.9x
Aqua SecurityIsraelRamat GanPrivate--$1B-
BigIDUnited StatesNew York City, NYPrivate$100M-$1B10.0x
BlueVoyantUnited StatesNew York City, NYPrivate--$1B-
NSFOCUSChinaChinaPublicly listed$379M$37M$955M2.4x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Qt Group$249M$62M4.3x3.9x17.3x16.0x
NSFOCUS$379M$37M2.6x2.4x26.1x25.6x
BeiJing Certificate$125M($12M)6.7x-(70.9x)-
Yubico$226M$19M3.3x3.2x39.7x25.6x
Rapid7$860M$63M1.3x1.3x17.4x6.8x
Riskified$345M($31M)1.8x1.6x(20.3x)19.0x
Asiainfo Security$1.2B($11M)1.2x1.1x(126.2x)339.7x
Mitek Systems$180M$37M4.1x3.7x19.9x11.2x

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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.

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