HashiCorp

HashiCorp

Enables organizations to provision, secure, and run any infrastructure for any application. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues212m321m476m583m665m757m879m
% growth75 %51 %48 %23 %14 %14 %16 %
EBITDA(83.1m)(287m)(293m)(245m)(8.9m)37.9m71.0m
% EBITDA margin(39 %)(89 %)(62 %)(42 %)(1 %)5 %8 %
Profit(83.5m)(290m)(274m)(191m)(122m)(145m)(67.1m)
% profit margin(39 %)(90 %)(58 %)(33 %)(18 %)(19 %)(8 %)
EV / revenue-32.8x10.0x5.2x9.3x7.6x6.4x
EV / EBITDA--36.7x-16.3x-12.3x-696.9x152.5x78.8x
R&D budget65.2m165m195m223m---
R&D % of revenue31 %51 %41 %38 %---

Source: Dealroom estimates

  • Edit
DateInvestorsAmountRound
-

N/A

-

N/A

Seed

$10.0m

Series A

$24.0m

Series B
*

$40.0m

Series C

$100m

Valuation: $1.9b

Series D
*

$175m

Valuation: $5.1b

Series E

N/A

Secondary
*
N/A

$1.2b

Valuation: $14.0b

115.5x EV/LTM Revenues

-250.1x EV/LTM EBITDA

IPO
*

$6.4b

Valuation: $6.4b

13.4x EV/LTM Revenues

-21.9x EV/LTM EBITDA

Acquisition
Total Funding€317m

Recent News about HashiCorp

Edit
More about HashiCorpinfo icon
Edit

HashiCorp is a leading company in the field of cloud infrastructure and security management. It specializes in helping organizations automate and manage their multi-cloud and hybrid environments. This means that HashiCorp provides tools and services that allow businesses to efficiently operate across different cloud platforms (like AWS, Google Cloud, and Microsoft Azure) and on-premises data centers.

HashiCorp serves a diverse range of clients, including large enterprises, well-known brands, and ambitious startups. These clients rely on HashiCorp's solutions to manage the full lifecycle of their infrastructure and security needs. This includes everything from setting up and maintaining cloud resources to ensuring that these resources are secure and compliant with regulations.

The market HashiCorp operates in is the cloud infrastructure and security sector, which is rapidly growing as more organizations move their operations to the cloud. This shift to the cloud is driven by the need for greater flexibility, scalability, and cost-efficiency. However, it also brings challenges such as high cloud costs and a shortage of skilled cloud professionals. HashiCorp addresses these challenges by providing tools that help organizations optimize their cloud spending and manage their infrastructure more effectively.

HashiCorp's business model is based on offering both open-source and enterprise versions of its products. The open-source versions are freely available and widely used by developers and IT professionals. The enterprise versions, which come with additional features and support, are sold to businesses that need more robust solutions. This dual approach allows HashiCorp to build a large user base and convert a portion of these users into paying customers.

HashiCorp makes money primarily through the sale of its enterprise products and services. These include subscriptions to its software, support services, and training programs. By providing high-value solutions that address critical needs in cloud infrastructure and security management, HashiCorp has established itself as a key player in the industry.

Keywords: cloud infrastructure, security management, multi-cloud, hybrid environments, automation, enterprise solutions, open-source, cost optimization, lifecycle management, privileged access.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by HashiCorp

Edit
BluBracket
ACQUISITION by HashiCorp Jun 2023