Private Markets, Angel and Secondary Investing, Sacra

Sacra

Bringing transparency to private markets so investors, founders, and employees can build on conviction.

Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Markets, Angel and Secondary Investing

Bringing transparency to private markets so investors, founders, and employees can build on conviction. Sacra delivers deeply researched insights on the private companies shaping tomorrow's markets. By surfacing the data, context, and operator perspective that are missing from private markets today, we help secondary buyers and sellers price equity accurately and unlock liquidity for the people building these businesses.

Private Capital Markets

<ul><li>When we first covered Snyk, we estimated that they had crossed $250M in annual recurring revenue (ARR) at the end of 2023, growing 25% YoY.</li><li>Now, Sacra estimates that Snyk has crossed $300M in ARR as of October, growing 25% YoY, with tailwinds from the rise of AI code generation—like Cursor ($65M ARR) and GitHub Copilot—in the enterprise.</li><li>Snyk is increasingly an enterprise business—enterprise ARR grew 40% and represented 70% of net new ARR in Q2'24 as they acquired companies like Probely (API vulnerability scanning) and Helios (distributed app testing) to sell themselves as a complete developer security platform.</li></ul>

When we first covered Snyk, we estimated that they had crossed $250M in annual recurring revenue (ARR) at the end of 2023, growing 25% YoY.Now, Sacra estimates that Snyk has crossed $300M in ARR as of October, growing 25% YoY, with tailwinds from the rise of AI code generation—like Cursor ($65M ARR) and GitHub Copilot—in the enterprise.Snyk is increasingly an enterprise business—enterprise ARR grew 40% and represented 70% of net new ARR in Q2'24 as they acquired companies like Probely (API vulnerability scanning) and Helios (distributed app testing) to sell themselves as a complete developer security platform.

Snyk

Snyk At $300M ARR