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Ermeticrevenue, acquisition & funding

GRC PlatformsPalo Alto, CaliforniaFounded 2019

Ermetic was acquired.

Ermetic enables enterprises to protect identities and data in the cloud by powering access policy definition and enforcement at scale.

ermetic.comLinkedInUpdated Oct 17, 2024
Annual revenue
$12.3M
Oct 2024EST.
Owner
Undisclosed
Date not on record
Total raised
$134.3M
4 rounds
Employees
61
Oct 2024

Ermetic revenue

Ermetic has not published its revenue. GetLatka estimates it at about $12.3M a year (October 2024).

$0
$5M
$10M
$10.4M
$14.3M
$12M
$12.3M
2021202220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 4 revenue readings, with sources
As ofRevenueSource
Nov 2021$10.4M–
Mar 2022$14.3M–
Nov 2023$12MEST.GetLatka estimate
Oct 2024$12.3MEST.GetLatka estimate

– source not recorded

Who owns Ermetic

Another company owns Ermetic. The date and price of the deal are not on record.

Ermetic funding rounds & investors

Ermetic has raised $134.3M across four rounds since 2020. The latest was a $100M funding round in March 2022.

DateRoundRaised
Mar 2022Venture$100M
Dec 2021Series B$7M
Jul 2020Series A$17.3M
May 2020Seed$10M
Total raised$134.3M

Ermetic competitors

Ermetic competes most directly with Wiz and Lacework.

CompanyRevenueFundingEmployeesFounded
Wiz$750M$1.8B2,9102020
Lacework$350M$1.9B7622015
Ermetic$12.3M$134.3M612019

Ermetic CEO, founders & employees

Shai Morag founded Ermetic in 2019 and led it as CEO. Ermetic had 61 employees (October 2024, LinkedIn), down from 86 a year earlier.

0
50
100
150
54
106
179
86
61
20202021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 9 headcount readings, with sources
As ofEmployeesSource
Oct 202461LinkedIn
Dec 202386LinkedIn
Nov 2023112–
Dec 2022179LinkedIn
Nov 2022136–
Mar 2022136–
Dec 2021106–
Nov 2021106–
Nov 202054–

Ermetic FAQ

What was Ermetic's revenue?

GetLatka estimates Ermetic's revenue at about $12.3M a year (October 2024). The company hasn't published its own figure.

How much funding has Ermetic raised?

Ermetic raised $134.3M across four funding rounds before it was acquired. The last was a $100M funding round in March 2022.

How many employees does Ermetic have?

Ermetic had 61 employees in October 2024, according to LinkedIn.

Who founded Ermetic?

Shai Morag founded Ermetic in 2019.

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How this page is sourced

3 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Oct 17, 2024Data disclaimerReport a correctionClaim this profileRun Ermetic? Join the podcast