HashiCorprevenue, acquisition & funding
Cloud Infrastructure Monitoring SoftwareSan Francisco, CaliforniaFounded 2012
HashiCorp was acquired by IBM in 2025.
HashiCorp is a provider of an online tool to manage distributed applications and network infrastructure. It offers various tools to manage physical and virtual machines, windows, linux and others.
HashiCorp revenue
HashiCorp's annual revenue was $583.1M in January 2024, its last figure before IBM bought it (SEC filing). That is up 23% from $475.9M a year earlier.
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Jan 2021 | $211.9M | SEC filing |
| Jan 2023 | $475.9M | SEC filing |
| Jan 2024 | $583.1M | SEC filing |
Who owns HashiCorp
IBM owns HashiCorp. It bought the company in February 2025 for $6.4B (SEC filing).
HashiCorp funding rounds & investors
HashiCorp has raised $349.2M across five rounds since 2014. The latest was a $175M Series E in March 2020.
| Date | Round | Raised |
|---|---|---|
| Mar 2020 | Series E | $175M |
| Nov 2018 | Series D | $100M |
| Oct 2017 | Series C | $40M |
| Sep 2016 | Series B | $24M |
| Dec 2014 | Series A | $10.2M |
| Total raised | $349.2M |
HashiCorp CEO, founders & employees
David McJannet founded HashiCorp in 2012 and led it as CEO. HashiCorp had 2,205 employees (December 2024, Press Release).
- David McJannetFounder & CEO
All 2 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 2,205 | Press Release |
| Apr 2021 | 1,258 | – |
HashiCorp FAQ
What was HashiCorp's revenue?
Before IBM bought it, HashiCorp's annual revenue was $583.1M in January 2024, according to an SEC filing.
Who owns HashiCorp?
IBM owns HashiCorp. It bought the company for $6.4B in February 2025, according to an SEC filing.
How much funding has HashiCorp raised?
HashiCorp raised $349.2M across five funding rounds before IBM bought it. The last was a $175M Series E in March 2020.
How many employees does HashiCorp have?
HashiCorp had 2,205 employees in December 2024, according to a press release.
Who founded HashiCorp?
David McJannet founded HashiCorp in 2012.
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How this page is sourced
4 from public sources. 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 Sep 29, 2026Data disclaimerReport a correctionClaim this profileRun HashiCorp? Join the podcast