-48%

est. 2Y upside i

CybersecuritySeries D+

Developer security platform for finding and fixing vulnerabilities in code and dependencies

Rank

#4011

Sector

Cybersecurity / AppSec

Est. Liquidity

~2Y

Data Quality

Data: Medium

Snyk's $7.4B valuation is likely above where it will IPO given 12% growth and competitive bundling.

Last updated: March 20, 2026

Bull (25%)+60%

2026 IPO at re-rated multiple, growth re-accelerates to 20%+.

Base (45%)-15%

IPO prices below $7.4B; 15-18x ARR on 12% growth; modest losses.

Bear (30%)-45%

GitHub/GitLab bundling accelerates churn, IPO delayed/pulled, down-round.

Est. time to liquidity~1.5 years

Preference Stack Risk

high

Funding Intensity

18%

$1.32B raised; 18% of cap in preferences. Down-round erodes common.

Dilution Risk

moderate

$25M extension may be flat/down; pre-IPO bridge possible.

Secondary Liquidity

limited

Scarce buyers at $7.4B given public comp discounts.

Other — 2 roles

View all 2 open roles at Snyk →

Last updated: February 17, 2026

Questions to Ask at the Interview

Strategic questions based on Snyk's data — designed to show you've done your homework.

  • 1

    “Current 409A vs Series G preferred price?”

  • 2

    “NRR given GitHub/GitLab bundling?”

  • 3

    “IPO milestones before filing S-1?”

Cluster Peers

Expected Upside

Snyk
-40%
Orca Security
-45%
Snyk
-48%
Wiz
-69%
Orca Security
-69%
Chainguard
-70%

Community

Valuation Sentiment

Our model estimates -48% upside. What do you think?

Anonymous. Do not share material non-public information.

Community Discussion

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.