Chainguard

Network Management Software · Kirkland, WA · Founded 2021 · Privately Held (backing)

Developer of a supply chain security software intended to improve software supply chain security. Chainguard is based in Kirkland, WA and was founded in 2021. It was valued at $3.5 billion at its later-stage round in Apr 2025, the last priced event on record. It has raised $892 million across 3 recorded rounds; the latest was a $356 million Series D in Apr 2025.

PMV mark · valuation
$3.5B
Oct 2026
Priced at
its later-stage round
Apr 2025
Total raised
$892.0M
Last round
Later Stage VC (Series D)
Apr 2025
What is Chainguard worth?
$3.5BPrivateMarketView mark · Oct 2026

Valued at $3.5B at its later-stage round, Apr 2025. Nothing has traded since.

Free account
More of Chainguard with a free account
  • ·The complete investor list: 50 names
  • ·Watch Chainguard: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
▮▮
Markrounds hold their value until the next priced eventMark, today
log scale
Post-money values unlock with a free account.Unlock the axis

Membership and data by Private Market View

Chainguard funding history

3 rounds
DateRoundRaisedPost-money
Apr 2025Later Stage VC (Series D)$356.0M▮
Jul 2024Later Stage VC (Series C)$140.0M▮
Nov 2023Early Stage VC (Series B)$61.0M▮
Unlock post-money valuations

Membership and data by Private Market View

Chainguard valuation

Chainguard was valued at $3.5 billion at its later-stage round in Apr 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Chainguard raised?

Chainguard has raised $892 million across 3 recorded rounds since 2023. The largest was a $61 million Series B in Nov 2023; the most recent was a $356 million Series D in Apr 2025.

Comparable companies

Comparable network management software names by valuation on PrivateMarketView: Claroty ($4 billion), Saviynt ($3 billion) and Illumio ($3 billion).

How Chainguard's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Chainguard, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Chainguard

What is Chainguard worth?
Chainguard is valued at $3.5B as of Oct 2026. Valued at $3.5B at its later-stage round, Apr 2025. Nothing has traded since.
How much has Chainguard raised?
Chainguard has raised $892.0M in total funding across 3 recorded rounds.
When did Chainguard last raise?
Chainguard last raised in Apr 2025 (Later Stage VC (Series D)), raising $356.0M.