Overview

Semgrep provides a software solution that helps security engineers and developers find and fix vulnerabilities in their code before it is deployed. The tool integrates into existing workflows and ticketing systems, offering actionable insights that allow developers to trust and act on the results. One of its standout features is the ability to reduce false positives in open-source vulnerabilities by up to 98% through reachability analysis, ensuring that only real threats are flagged. Semgrep's tool is designed for speed, with average scan times of less than 5 minutes and median CI scan times of just 10 seconds, which enhances productivity for engineering teams. Unlike many competitors, Semgrep focuses on delivering accurate results with minimal noise, making it a reliable choice for teams looking to secure their software development life cycle. The goal of Semgrep is to empower engineering teams to proactively manage security risks and improve their software delivery processes.

Simplify's Take

What believers are saying

• Increased demand for integrated security solutions in CI/CD pipelines boosts Semgrep's market relevance.
• The rise of supply chain attacks heightens the need for Semgrep's third-party dependency detection.
• The shift towards DevSecOps aligns with Semgrep's focus on developer-friendly security tools.

What critics are saying

• Increased competition from Snyk and GitHub's CodeQL could impact Semgrep's market position.
• Over-reliance on funding rounds may lead to financial instability if future rounds falter.
• Rapid technological changes in cybersecurity could render Semgrep's tools obsolete without innovation.

What makes Semgrep unique

• Semgrep reduces false positives in vulnerabilities by up to 98% with reachability analysis.
• The tool integrates seamlessly into existing workflows, enhancing SDLC processes for engineering teams.
• Semgrep's average scan time is under 5 minutes, with a median CI scan time of 10 seconds.

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Funding

Total Funding

$187.7M

Meets

Industry Average

Funded Over

4 Rounds

Notable Investors:

Lightspeed Venture Partners

Notable Investors:

Lightspeed Venture Partners

$100,000,000

Series D

Feb 2025

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.

Series D Funding Comparison

Above Average

Industry standards

Ind Avg. $77M

$49M

$50M

$70M

$80M

$100M

$100M

View all funding stages