HashiCorp - About the company
HashiCorp is an acquired company based in San Francisco (United States), founded in 2012 by Armon Dadgar and Mitchell Hashimoto. It operates as an AI based cloud infrastructure management solutions. HashiCorp has raised $349M in funding from investors like GGV Capital, Redpoint Ventures and Mayfield, with last known valuation of $6.4B. The company has 310 active competitors, including 83 funded and 52 that have exited. Its top competitors include companies like Cisco, Forescout and Orca Security.
Company Details
AI based cloud infrastructure management solutions. It offers security management solutions that allows users to protect, inspect, and connect elements across cloud infrastructure. The platform authenticates and authorizes access requests in real time. It allows users to monitor the access sessions with option to terminate in real time.
- Website
- hashicorp.com
- Social
- Email ID
- *****@hashicorp.com
- Phone Number
- +1 **********
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Acquired
Total Funding
$349M in 5 rounds
Latest Funding Round
Last Known Valuation
$6.4B as on Apr 25, 2024
Investors
Ranked
2nd among 310 active competitors
Annual Revenue
$583M as on Jan 31, 2024
Employee Count
2,219 as on Mar 31, 2026
Investment & Acquisitions
Exit Details
Acquired by IBM (Apr 25, 2024)
Legal entities associated with HashiCorp
HashiCorp is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HASHICORP, INC. CIN: 1720671 , United States, Active | May 22, 2013 | $583M (As on Jan 31, 2024) | 2200 (As on Jan 31, 2024) | - |
SERVICES A. CONSUL. CORP. a.s. CIN: 01879472 , Czech Republic, Active | Jul 23, 2013 | - | - | |
HASHICORP (INDIA) PRIVATE LIMITED CIN: U72900DL2020PTC373997 , India, Active | Dec 02, 2020 | $13.8M (As on Mar 31, 2025) | 147 (As on Mar 31, 2024) | |
HASHICORP INC CIN: 320410665 , United States, Active | Dec 31, 1999 | - | 1468 (As on Dec 31, 2024) | - |
HashiCorp's acquisition details
HashiCorp got acquired by IBM on Apr 25, 2024 at an acquisition amount of $6.4B.
Click here to take a look at HashiCorp's acquisition in detail
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HashiCorp's funding and investors
HashiCorp has raised a total funding of $349M over 5 rounds. Its first funding round was on Dec 10, 2014. Its latest funding round was a Series E round on Mar 16, 2020 for $175M. 7 investors participated in its latest round. HashiCorp has 20 institutional investors.
Here is the list of recent funding rounds of HashiCorp:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 16, 2020 | $175M | Series E | $2.15B | - | ||
Nov 01, 2018 | $100M | Series D | $1.9B | - | - | |
Oct 25, 2017 | $40M | Series C | - | - |
Access funding benchmarks and valuations. Sign up today!View details of HashiCorp's funding rounds and investors
HashiCorp's founders and board of directors
Founder? Claim ProfileThe founders of HashiCorp are Armon Dadgar and Mitchell Hashimoto. David McJannet is the CEO of HashiCorp.
Here are the details of HashiCorp's key team members:
- Armon Dadgar: Co-Founder and CTO of HashiCorp. They are also an angel investor in 4 startups.
- Mitchell Hashimoto: Co-Founder of HashiCorp and founder of 5 other companies, including Waypoint, Terraform and Vagrant. They are also an angel investor in 1 startup.Contact Info: 1 email address
- David McJannet: CEO of HashiCorp. Contact Info: 1 email address
View details of HashiCorp's Founder profiles and Board Members
HashiCorp's employee count trend
HashiCorp has 2,219 employees as of Mar 26. Here is HashiCorp's employee count trend over the years:
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HashiCorp's Competitors and alternates
Top competitors of HashiCorp include Cisco, Forescout and Orca Security. Here is the list of Top 10 competitors of HashiCorp, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Cisco 1984, San Jose (United States), Public | Provider of AI infrastructure, secure networking, and software solutions | $2.5M | 77/100 | |
2nd | HashiCorp 2012, San Francisco (United States), Acquired | AI based cloud infrastructure management solutions | $349M | 76/100 | |
3rd |  Forescout 2000, San Jose (United States), Acquired | Provider of cybersecurity solutions for continuous threat exposure management and mitigation | $120M | 75/100 | |
4th | Orca Security 2019, Portland (United States), Series C | Platform offering cloud security solutions for businesses | $640M | 72/100 | |
5th |  A10 Networks 2004, United States, Public | Provider of application delivery, security, and centralized management and analytics solutions | $118M | 69/100 | |
6th |  Aujas 2008, Cupertino (United States), Acquired | Platform for security analytics and risk assessment | $18.9M | 68/100 | |
7th | Trend Micro 1988, Irving (United States), Public | Provider of cloud security solutions | - | 66/100 | |
8th | Tripwire 1997, Portland (United States), Acquired | Provider of cloud security solutions for enterprises | $26.6M | 66/100 | |
9th | Tigera 2016, San Francisco (United States), Series B | AI based cloud infrastructure security solutions provider | $65M | 65/100 | |
10th | Cyber risk and vulnerability assessment solutions provider | $49M | 65/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on HashiCorp's competitors? Click here to see the top ones
HashiCorp's Investments and acquisitions
HashiCorp has acquired BluBracket. HashiCorp has not made any investments as of now.Reports related to HashiCorp
Here is the latest report on HashiCorp's sector:
News related to HashiCorp
Filter this listMedia has covered HashiCorp for a total of 12 events in the last 1 year, 9 of them have been about company updates and 1 about people movement.
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ConductorOne Expands Security Leadership, Appoints William Bengtson as CISOCIO Influence•Jan 27, 2026•ConductorOne, HashiCorp
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Qovery raises 11 million euros to accelerate in the DevOps automation marketFrenchWeb•Sep 30, 2025•Didask, Twilio, Datadog, Alan and 15 others
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HashiCorp Previews Agentic Infrastructure Automation with Project infragraphPR Newswire•Sep 25, 2025•IBM, HashiCorp
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HashiCorp Expands Unified Lifecycle Management for Hybrid Cloud OperationsGlobeNewswire•Jun 03, 2025•HashiCorp, IBM
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Hashi Brands Acquires Bokksu and Japan Crate AssetsBusiness PR News•May 28, 2025•HashiCorp, Bokksu, Japan Crate
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