Snyk Eyes 2024 IPO
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IPOTechCrunch
•Exclusive: Snyk hits $300M ARR but isn't rushing to go public
79% Informative
Snyk was drafting an IPO prospectus in January 2024 with potential plans to file within months .
CEO Peter McKay says the developer security startup isn’t rushing to IPO .
The firm hit $300 million ARR recently and says it’s on track to be cash flow positive in 2025 .
McKay: “Internally, we feel as though we’re ready [to IPO ]. Externally, I think we're watching”.
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