Semgrep combines deterministic static analysis with AI reasoning to power detection, triage, and remediation, helping teams uncover real vulnerabilities, prioritize reachable risks, and fix issues faster. Notable customers such as Lyft, Snowflake, and Figma exemplify Semgrep's ideal profile, representing late-stage, high-growth tech companies. The company raised $100M in Series D funding on Feb 05, 2025, positioning it as a well-capitalized player in a rapidly expanding security market.
Cyborg Score Rationale
Semgrep stands 3rd in terms of total funding among its competitors and has achieved meaningful product-market traction with prominent enterprise customers. The company benefits from strong tailwinds in the DevSecOps market and demonstrated ability to attract top-tier venture backing. However, it faces intense competition from well-funded rivals like Snyk and execution risk in achieving profitability at scale.
Top Insights
As of May 31, 2026, Semgrep has 262 employees, reflecting aggressive hiring to support growth
Products hit 100 million scans annually in 2024, demonstrating strong adoption among developer teams
In March 2026, Semgrep launched Multimodal, combining AI reasoning with rule-based analysis for detection, triage, and remediation, strengthening competitive differentiation
Customers report up to 80% fewer false positives across Code and Supply Chain, with 95% of findings validated by security reviewers across more than 6 million results, validating core value proposition
Named Competitors
Snyk — Automatically fixes vulnerabilities in code, dependencies, containers, and infrastructure
Checkmarx — SAST and SCA platform for identifying and managing code vulnerabilities