Latka logo

How HashiCorp CEO David McJannet grew HashiCorp to $544M revenue and 35K customers in 2024.

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. It was founded in 2012 and is headquartered in San Francisco, California. The company seeks to acquire businesses through mergers, acquisitions and investments which would help the firm to expand and consolidate its presence in the industry.

Last updated

HashiCorp Revenue

In 2024, HashiCorp's revenue reached $544M. The company previously reported $468M in 2023. Since its launch in 2012, HashiCorp has shown consistent revenue growth.

HashiCorp Revenue GrowthReported revenue / ARR by year$0$125M$250M$375M$500M$625M2012201420162018202020222024$0$89M$544MSource: GetLatka.com
YearMilestone
2024HashiCorp Hit $544m revenue in December 2024Source
2023HashiCorp Hit $468m revenue in December 2023Source
2021HashiCorp Hit $89.3m revenue in April 2021
2012Launched with $0 revenue

HashiCorp Valuation, Funding Rounds

HashiCorp's most recent disclosed valuation is $5B.

HashiCorp has raised $349.2M in total funding across 5 rounds, most recently a $175M Series E round in 2020.

HashiCorp Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$75M$150M$225M$300M$375M2012201320142015201620172018201920202012 cumulative: $0 • 2012 Founded: $02014 cumulative: $10M • 2012 Founded: $0 • 2014 Series A: $10M2016 cumulative: $34M • 2012 Founded: $0 • 2014 Series A: $10M • 2016 Series B: $24M2017 cumulative: $74M • 2012 Founded: $0 • 2014 Series A: $10M • 2016 Series B: $24M • 2017 Series C: $40M2018 cumulative: $174M • 2012 Founded: $0 • 2014 Series A: $10M • 2016 Series B: $24M • 2017 Series C: $40M • 2018 Series D: $100M2020 cumulative: $349M • 2012 Founded: $0 • 2014 Series A: $10M • 2016 Series B: $24M • 2017 Series C: $40M • 2018 Series D: $100M • 2020 Series E: $175M$349M2012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2020Series E$175M--
2018Series D$100M--
2017Series C$40M--
2016Series B$24M--
2014Series A$10.2M--

HashiCorp Employees & Team Size

HashiCorp employs approximately 2.2K people as of 2026, up from 1.3K in 2021.

HashiCorp has 2.2K total employees in different roles and functions and 13 sales reps that carry a quota. They have 35K customers that rely on the company's solutions.

HashiCorp Team GrowthReported headcount over time05001,0001,5002,0002,5002012201420162018202020222024001,2581,2582,2052,205Source: GetLatka.com
YearMilestone
2024Reached 2.2K employees (December 2024)
2021Reached 1.3K employees (April 2021)

Founder / CEO

David McJannet

Dave has more than 15 years of extensive experience across a range of product marketing, product management, and operational functions. Prior to joining Hortonworks, Dave led the product marketing team at VMware for a number of technologies including the Cloud Foundry Platform as a Service project and the vFabric product family.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how HashiCorp acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about HashiCorp

What is HashiCorp's revenue?

HashiCorp generates $544M in revenue.

Who founded HashiCorp?

HashiCorp was founded by David McJannet.

Who is the CEO of HashiCorp?

The CEO of HashiCorp is David McJannet.

How much funding does HashiCorp have?

HashiCorp raised $349.2M.

How many employees does HashiCorp have?

HashiCorp has 2.2K employees.

Where is HashiCorp headquarters?

HashiCorp is headquartered in San Francisco, California, United States.

People Also Viewed

Invisible logo

Invisible

We are a tech-enabled service providing solutions to the world’s most complex business problems. Driven by our proprietary process orchestration platform, we seamlessly integrate advanced AI and automation with a global network of over 3,500 experts. This powerful combination delivers new capabilities and eliminates barriers to execution for our clients, unlocking unprecedented efficiency, scale, and growth opportunities.

toss.im logo

toss.im

Toss operates as a digital financial platform. It offers a range of financial services, including bank accounts, money transfers, a financial dashboard, credit score management, customized loans, insurance plans, and multiple investment services. It was founded in 2013 and is based in Seoul, South Korea.

Back Market logo

Back Market

Back Market is the leading global marketplace dedicated to verified refurbished technology, connecting consumers with high-quality refurbished electronic devices and appliances.

ESG Elektroniksystem- und Logistik-GmbH logo

ESG Elektroniksystem- und Logistik-GmbH

ESG Elektroniksystem- und Logistik is a provider of information technology services. The company develops, integrates and operates electronic and information technology systems for the military, public authorities and companies in the automobile, aerospace and defense industries and from the areas of industrial goods and commercial vehicles. Founded in 1967 the company is headquartered in Fuerstenfeldbruck, Germany. Through certain mergers and acquisitions the company plans to expand its information technology services.

KLOOK logo

KLOOK

Klook is a travel and tourism platform that operates the website klook.com. The company was founded in 2014 and is headquartered in Hong Kong, with additional offices in other parts of Asia, Europe, and North America. Klook's platform offers a wide range of travel experiences and services, including attraction tickets, tours, activities, transportation, and hotel bookings. The platform provides users with a convenient and easy way to plan and book their travel itineraries, with features such as instant confirmation, mobile e-tickets, and 24/7 customer support. Klook partners with over 100,000 travel suppliers worldwide to offer users a diverse range of options across various destinations. The company has received numerous awards and recognition for its innovative approach to travel and tourism, and its commitment to sustainability and responsible tourism practices.

Talkdesk logo

Talkdesk

Talkdesk is a cloud-based contact center software company that provides a platform for businesses to communicate with their customers through various channels such as voice, email, chat, and social media. Their software helps businesses to improve customer experience and streamline their customer support operations. Talkdesk also offers various features such as real-time reporting, call routing, automatic call distribution, and customer data integration. The company was founded in 2011 and is headquartered in San Francisco, California.

Compare HashiCorp to the industry

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 .