Ermetic
2024 Revenue
$12.3M
Funding
$134.3M
YOY
3%
Team
61
Founded
2019
How Ermetic CEO Shai Morag grew Ermetic to $12.3M revenue with a 61 person team in 2024.
Ermetic enables enterprises to protect identities and data in the cloud by powering access policy definition and enforcement at scale.
Last updated
Ermetic Revenue
In 2024, Ermetic's revenue reached $12.3M. The company previously reported $12M in 2023. Since its launch in 2019, Ermetic has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Ermetic Hit $12.3m revenue in October 2024 |
| 2023 | Ermetic Hit $12m revenue in November 2023 |
| 2022 | Ermetic Hit $14.3m revenue in November 2022 |
| 2022 | Ermetic Hit $14.3m revenue in March 2022 |
| 2021 | Ermetic Hit $10.4m revenue in December 2021 |
| 2021 | Ermetic Hit $10.4m revenue in November 2021 |
| 2019 | Launched with $0 revenue |
Ermetic Valuation, Funding Rounds
Ermetic has not publicly disclosed its valuation. The company has raised $134.3M in total funding to date.
Ermetic has raised $134.3M in total funding across 4 rounds, most recently a $100M Venture Round round in 2022.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2022 | Venture Round | $100M | - | - |
| 2021 | Series B | $7M | - | - |
| 2020 | Series A | $17.3M | - | - |
| 2020 | Seed Round | $10M | - | - |
Ermetic Employees & Team Size
Ermetic employs approximately 61 people as of 2026, down from 86 in 2023.
Ermetic has 61 total employees in different roles and functions and 57 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 61 employees (October 2024) |
| 2023 | Reached 86 employees (December 2023) |
| 2023 | Reached 112 employees (November 2023) |
| 2022 | Reached 179 employees (December 2022) |
| 2022 | Reached 136 employees (November 2022) |
| 2022 | Reached 136 employees (March 2022) |
| 2021 | Reached 106 employees (December 2021) |
| 2021 | Reached 106 employees (November 2021) |
| 2020 | Reached 54 employees (November 2020) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Ermetic yet.
Frequently Asked Questions about Ermetic
What is Ermetic's revenue?
Ermetic generates $12.3M in revenue.
Who founded Ermetic?
Ermetic was founded by Shai Morag.
Who is the CEO of Ermetic?
The CEO of Ermetic is Shai Morag.
How much funding does Ermetic have?
Ermetic raised $134.3M.
How many employees does Ermetic have?
Ermetic has 61 employees.
Where is Ermetic headquarters?
Ermetic is headquartered in Palo Alto, California, United States.
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Compare Ermetic to the industry
Ermetic operates across multiple industries. Browse revenue, funding, and growth data for Ermetic in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .