United States · Venture startup

Who invested in HashiCorp

5 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cloud

Funding summaryUpdated 26 Oct 2026

$175Mraised across 5 rounds since 2014, from 6 sources

$10MSeries A$24MSeries B$41MSeries C$100MRound
Latest round
VentureMar 2021
Biggest round
$100MRound · Nov 2018
Investors
14 (3 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015201620172018201920202021
$10MSeries A$24MSeries B$41MSeries C$100MRound?Venture
First round
Series A, $10M
Dec 2014
Biggest round
$100M
Round · Nov 2018
Usual gap between rounds
21 months
the median of 4

The rounds

  1. Mar 2021
    VentureAmount undisclosed4 new1 returning

    Source recorded

  2. Nov 2018
    Round$100M2 new4 returning

    Reported by TechCrunchSEC filing: $100M sold, first sale Oct 2018

  3. Oct 2017
    Series C$41M2 new1 returning

    Reported by FinSMEsSEC filing: $40M sold, first sale Oct 2017

  4. Sept 2016
  5. Dec 2014
    Series A$10M3 new

    From a historical funding record

Founders and team

From the SEC filings it signed: 3 on the team.

  • Armon DadgarExecutive Officer, Director, Promoteri
  • David McJannetExecutive Officer, Directori
  • Mitchell HashimotoExecutive Officer, Director, Promoteri

On the board, as filediGlenn SolomonNavin ChaddhaScott RaneySusan St. Ledger

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Mayfield FundVC firm4rounds, led 1
GGV CapitalVC firm4rounds, led 1
RedpointVC firm2rounds
True VenturesVC firm2rounds
True.VC firm2rounds
IVPInvestment firm1round, led 1
IVPVC firm1round
TCVPrivate equity1round
Franklin TempletonPrivate equity1round
Originate VenturesVC firm1round
IVP/ Bessemerno record of our own yet1round
Redpoint Ventures/ Mayfieldno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 8 firms list HashiCorp as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

True VenturesVC firmPer its own site
Notable CapitalVC firmPer its own site
Iconiq CapitalGrowth equityPer its own site
Geodesic CapitalVC firmPer its own site
ICONIQ CapitalFamily officePer its own site
Founders Circle CapitalVC firmPer its own site
ChemistryVC firmPer its own site
ConduitAcceleratorPer its own site

Quick answers about HashiCorp

Who invested in HashiCorp?

HashiCorp's investors include Mayfield Fund, GGV Capital, Redpoint, True Ventures and True., and 9 more on record.

How much has HashiCorp raised?

HashiCorp has raised $175M across 5 rounds since 2014. One round did not disclose an amount, so the total is a floor.

When did HashiCorp last raise?

HashiCorp's most recent round was a Venture in Mar 2021.

What was HashiCorp's biggest round?

HashiCorp's largest round on record is $100M (Undisclosed round), in Nov 2018, led by IVP.

Who backed HashiCorp first?

HashiCorp's first round on record, in Dec 2014, was backed by Mayfield Fund, GGV Capital and True Ventures.

What stage is HashiCorp at?

HashiCorp's latest named round is a Venture, in Mar 2021.

Where is HashiCorp based?

HashiCorp is based in the United States.

Who led HashiCorp's rounds?

Mayfield Fund led the Series B in 2016; IVP led the Undisclosed round in 2018.

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