Chainguard provides minimal, hardened, and zero-CVE container images and software supply-chain security tooling for enterprises adopting open source at scale. The company reached $40M ARR in 2025 (up from $12.7M in 2023) and raised a $356M Series D plus a $280M follow-on growth round at a $3.5B valuation.
Cybersecurity📍 Kirkland, USAFounded 2021
Current Valuation
$3.5B
as of 2025-Q4
UNICORN
QL Price
$2.8B
-20% vs last round
QuantLogix's current estimate for Chainguard, published 2026-10-07 — below the last disclosed round of $3.5B (2026-09).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round
$3.5B
2026-09
weight 0.93
Secondary market print
$1.6B
2026-06-27
weight 0.54
How this price has held up
No round has priced for Chainguard since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Chainguard, 2026-10-07 (c824e51bedc5c6e5).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Chainguard going public?
No. Chainguard is private and has not filed to go public. There is no S-1 on file.
What is Chainguard's valuation in 2026?
Chainguard is valued at $3.5B as of 2025-Q4, set by its Growth Investment ($280M, Oct 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Chainguard filed an S-1?
No public S-1 is on file for Chainguard.
Who are Chainguard's investors?
Chainguard's investors include Kleiner Perkins, IVP, Sequoia Capital, Andreessen Horowitz, General Catalyst, Spark Capital and 1 more.
How much has Chainguard raised?
Chainguard has raised $612M in total, most recently a Growth Investment of $280M in Oct 2025.
Is Chainguard publicly traded — can you buy Chainguard stock?
No. Chainguard is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Chainguard on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Dan Lorenc
Founded
2021
HQ
Kirkland, USA
Employees
~300
Total Raised
$612M
Est. Revenue
$40M (2025-Q4)
Growth
~640% YoY
Last Round
Growth Investment — $280M (Oct 2025) · Lead: General Catalyst Customer Value Fund
IPO Status
private
Fundraising Status
Growth Investment · $280M · 1y ago
privateTotal raised $612M
Secondary Market
Implied price / share
$45.1
Last round price / share
$98.68
vs last round
-54.3%
Open interest
2
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Growth Investment
$280M
Oct 2025
General Catalyst Customer Value Fund
—
Talent Signal
Hiring trend
▶ Hiring steady
-5% vs 2026-08
Open roles
84
via greenhouse
Product-build share
33%
engineering, research, product, design
Trajectory
steady
balanced build + GTM — 33% builders vs 67% go-to-market/G&A — scaling both sides.
Counted from Chainguard's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Dan LorencKim LewandowskiMatt MooreVille Aikas
Investors
Kleiner Perkins · IVP · Sequoia Capital · Andreessen Horowitz · General Catalyst · Spark Capital · Amplify Partners
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q4. Refreshed quarterly.