Smallstep

Smallstep

Private
San Francisco, CaliforniaCybersecurityhttps://www.smallstep.com

Last Round

Seed

Apr 28, 2022

Total Funding Raised

$26M

Company Overview

Smallstep is a cybersecurity company that offers a suite of infrastructure components and operational tools for building and maintaining zero trust systems, enabling secure connections for users and services globally while enhancing security and eliminating the need for VPNs and firewalls.

Sector

Cybersecurity

Verticals

Identity & Access, Cloud Security, DevOps & Containers, Zero Trust

Business Model

B2B

Customer Profile

Freemium, Subscription SaaS, Services & Consulting

AI Layer

Non-AI

Keywords

certificate managementPKIdevice identityzero trustautomated PKISSH certificatesprivate CAshort-lived certificatesTLS certificatespublic key infrastructurestep-caDevSecOps toolingopen coremicroservices securityX.509 certificatesstep CLI

Historical Pricing

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Caplight Momentum Score

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Smallstep Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Smallstep Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedApr 28, 2022
Series AApr 28, 2022

Key People

Founding team and executive leadership

Josh Drake

Chief Technology Officer

Executive Team

Smallstep Investors

Notable investors and investment history

InvestorRounds
Boldstart VenturesSeries A, Seed
Bain Capital VenturesSeed, Series A
Upside PartnershipSeed, Series A
RidgelineSeries A
StepStone GroupSeries A
AccelSeed, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 10, 2026

    Partnered with Fleet Device Management, makers of an open-source platform.

  • Aug 22, 2025

    Added Saywise, a technology/AI startup, as a customer.

Smallstep Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Smallstep Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Smallstep's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range28
Year Founded2016
Last FundingApr 28, 2022

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