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New Relic

San Francisco, California, United States

Acquired For

$6.5B

2023 Revenue

$925M

Customers

17K

Funding

$375.8M

Avg ACV

$54.4K

Team · 2024

2.5K

Founded

2008

New Relic Revenue, Valuation & Funding (2023)

New Relic generated $925M in revenue in 2023. Source: newrelic.com

New Relic is a digital intelligence company that delivers full-stack visibility and analytics to enterprises.

Last updated

New Relic Revenue

In 2023, New Relic's revenue reached $925M. The company previously reported $600M in 2020. Since its launch in 2008, New Relic has shown consistent revenue growth.

New Relic Revenue GrowthReported revenue / ARR over time$0$200M$400M$600M$800M$1B200820102012201420162018202020222023$0$600M$925MSource: GetLatka.com
YearMilestoneSource
2023New Relic revenue for 2023: $925mnewrelic.com
2020New Relic revenue for 2020: $600mNot recorded
2019New Relic revenue for 2019: $479mNot recorded
2008Launched with $0 revenue

New Relic Valuation, Funding Rounds

New Relic reached a $6.5B valuation in 2023.

New Relic has raised $375.8M in total funding across 8 rounds, with its most recent round in 2014.

New Relic Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$1.5B$100M$3B$200M$4.5B$300M$6B$400M$7.5B$500M200820102012201420162018202020222023$11.5M$6.5BSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2023AcquisitionExit-$6.5B-sec.gov
2014Private Equity$100M$900M11%Not recorded
2014Funding round$101.3M$1.4B7%Not recorded
2013Funding round$60M$778M8%Not recorded
2013Private Equity$80M$670M12%Not recorded
2011Venture$15M$394.5M4%Not recorded
2010Series C$10M$132.5M8%Not recorded
2008Series B$6M$36.7M16%Not recorded
2008Series A$3.5M$11.5M30%Not recorded

Customers

New Relic serves 17K customers.

New Relic Employees & Team Size

New Relic employs approximately 2.5K people as of 2026, up from 1.1K in 2015. It serves 17K customers that rely on its solutions.

New Relic Team GrowthReported headcount over time06001,2001,8002,4003,000200820102012201420162018202020222024001,1431,1432,5002,500Source: GetLatka.com
YearMilestoneSource
2024Reached 2.5K employees (December 2024)Not recorded
2015Reached 1.1K employees (October 2015)Not recorded

Frequently Asked Questions about New Relic

Who owns New Relic?

New Relic is owned by Francisco Partners and TPG, which acquired it for $6.5B in 2023.

What is New Relic's revenue?

As of 2023, New Relic generated $925M in revenue.

Who founded New Relic?

New Relic was founded by Lew Cirne.

When was New Relic founded?

New Relic was founded in 2008.

How much funding does New Relic have?

New Relic raised $375.8M across 8 rounds.

How many employees does New Relic have?

As of 2024, New Relic had 2.5K employees.

Where is New Relic headquartered?

New Relic is headquartered in San Francisco, California, United States.

Compare New Relic to the industry

New Relic operates across multiple industries. Browse revenue, funding, and growth data for New Relic in each sector below.

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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