What is Semgrep?
Founded in 2017 by Drew Dennison, Isaac Evans, and Luke OMalley, Semgrep has rapidly emerged as a leader in the software security space. The company's core offering is an open-source static analysis tool that evolved from the sgrep project, enabling companies to identify and remediate security vulnerabilities within their codebases. Semgrep's platform is trusted by prominent technology firms such as Figma, Dropbox, Slack, and Snowflake, underscoring its effectiveness and scalability in enterprise environments. The company's commitment to improving software security from its inception has positioned it as a critical solution for modern development workflows.
How much funding has Semgrep raised?
Semgrep has raised a total of $153M across 2 funding rounds:
Series C
$53M
Series D
$100M
Series C (2023): $53M with participation from Lightspeed Venture Partners and Felicis Ventures
Series D (2025): $100M led by Harpoon Ventures, Menlo Ventures, Lightspeed Venture Partners, Redpoint Ventures, and Felicis Ventures
Key Investors in Semgrep
Harpoon Ventures
Harpoon Ventures is an investment firm focused on backing bold leaders who are developing mission-critical technologies across various sectors, including AI, deep tech, software infrastructure, and cybersecurity. Founded in 2018, the firm aims to restore American technological leadership and ensure strategic advantages for future generations.
Menlo Ventures
Menlo Ventures is a Menlo Parkbased venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer internet, fintech, infrastructure, and frontier tech, typically taking board roles and partnering with founders through multiple stages of scale.
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
What's next for Semgrep?
The recent major strategic investment signals Semgrep's transition into a new phase of growth and market expansion. With significant capital backing, the company is poised to further develop its security analysis capabilities, enhance its platform features, and broaden its enterprise adoption. This infusion of financing will likely fuel research and development efforts, enabling Semgrep to stay ahead of evolving cybersecurity threats and maintain its competitive edge. The strategic nature of this investment suggests a focus on deepening partnerships and accelerating market penetration within the enterprise software security sector.
See full Semgrep company page
