Ermetic
Palo Alto, California, United States
2024 Revenue
$12.3M(Est.)
Funding
$134.3M
Team
61
Founded
2019
Ermetic Revenue & Funding (2024)
Ermetic generated an estimated $12.3M in annual revenue in 2024. Source: GetLatka estimate
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 | 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 March 2022 | Not recorded |
| 2021 | Ermetic Hit $10.4m revenue in November 2021 | Not recorded |
| 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 in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Venture | $100M | - | - | Not recorded |
| 2021 | Series B | $7M | - | - | Not recorded |
| 2020 | Series A | $17.3M | - | - | Not recorded |
| 2020 | Seed | $10M | - | - | Not recorded |
Founder / CEO
Ermetic Employees & Team Size
Ermetic employs approximately 61 people as of 2026, down from 86 in 2023, including 57 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 61 employees (October 2024) | Not recorded |
| 2023 | Reached 86 employees (December 2023) | Not recorded |
| 2023 | Reached 112 employees (November 2023) | Not recorded |
| 2022 | Reached 179 employees (December 2022) | Not recorded |
| 2022 | Reached 136 employees (November 2022) | Not recorded |
| 2022 | Reached 136 employees (March 2022) | Not recorded |
| 2021 | Reached 106 employees (December 2021) | Not recorded |
| 2021 | Reached 106 employees (November 2021) | Not recorded |
| 2020 | Reached 54 employees (November 2020) | Not recorded |
Frequently Asked Questions about Ermetic
Is Ermetic still an independent company?
No. Ermetic was acquired.
What is Ermetic's revenue?
As of 2024, Ermetic generated an estimated $12.3M in annual revenue.
Who founded Ermetic?
Ermetic was founded by Shai Morag.
When was Ermetic founded?
Ermetic was founded in 2019.
How much funding does Ermetic have?
Ermetic raised $134.3M across 4 rounds.
How many employees does Ermetic have?
As of 2024, Ermetic had 61 employees.
Where is Ermetic headquartered?
Ermetic is headquartered in Palo Alto, California, United States.
Compare Ermetic to the industry
Ermetic operates across multiple industries. Browse revenue, funding, and growth data for Ermetic in each sector below.
- Best Governance, Risk & Compliance Software
- Cloud Access Security Broker (CASB) Software
- Data Privacy Management Software
- Policy Management Software
- Identity and Access Management (IAM) Software
- Cloud Security Posture Management (CSPM) Software
- Sensitive Data Discovery Software
- Security Compliance Software
Data and Sources
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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