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Palo Alto, California, United States
Ermetic enables enterprises to protect identities and data in the cloud by powering access policy definition and enforcement at scale.
Last updated
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.
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 | Source |
|---|---|---|---|---|---|
| 2022 | Venture Round | $100M | - | - | |
| 2021 | Series B | $7M | - | - | |
| 2020 | Series A | $17.3M | - |
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We do not have customer count information for Ermetic yet.
Ermetic employs approximately 61 people as of 2026, down from 86 in 2023, including 57 sales reps that carry a quota.
Ermetic generates an estimated $12.3M in annual revenue.
Ermetic was founded by Shai Morag.
The CEO of Ermetic is Shai Morag.
Ermetic raised $134.3M across 4 rounds.
Ermetic has 61 employees.
Ermetic is headquartered in Palo Alto, California, United States.
Ermetic operates across multiple industries. Browse revenue, funding, and growth data for Ermetic in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$12.3M(Est.)
Funding
$134.3M
Team
61
Founded
2019
| Year | Milestone | Source |
|---|---|---|
| 2024 | Ermetic Hit $12.3m revenue in October 2024 | Estimated |
| 2023 | Ermetic Hit $12m revenue in November 2023 | Estimated |
| 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 |
| - |
| 2020 | Seed Round | $10M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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