Individual InvestorsEmployee Shareholders Institutional InvestorsPrivate Companies Accredited InvestorsSeed & Angel InvestorsAsset Managers & Hedge FundsFamily OfficesVenture Capital FirmsWealth Managers & RIAsWho We Serve Trading Data Liquidity Programs Retirement Individual InvestingForge MarketplaceFind new private company investment opportunities​Browse CompaniesInstitutional TradingForge ProTrade private companies with Forge’s institutional brokerage tool​Forge PriceA proprietary indicative price, calculated daily, for approximately 200 pre-IPO companiesForge DataAnalyze private markets via Forge’s intuitive web application​Forge Private Market Index​Monitor a benchmark for actively traded private companies ​Forge Accuidity Private Market Index​Invest in an institutionally-managed diversified basket of private companies (QPs only)​Liquidity ProgramsRetain and reward employees with company-sponsored liquidity solutions like tender offers and customized programsSelf-Directed IRAForge TrustInvest in private companies and other alternative assets through a tax-advantaged Self-Directed IRAWhat We Do All insights Reports and highlights News and trends Private market education Tips and tutorials Forge Investment OutlookPrivate Market UpdatesIPO calendarPrivate Magnificent 7Emerging trendsPrivate company newsUpcoming IPOsAll guidesPrivate market basicsPrivate shares transactionsValuations, pricing and market trendsSelling in the private marketFAQsGlossaryCompany page and tradesProof of ownershipBid and ask submissionsForge fund offeringsInsights About UsLeadershipInvestor RelationsPeople & CultureCareers About
Log InSign Up
Who We Serve
What We Do
Insights
About
HashiCorp

HashiCorp IPO

$5.27B
Series E Valuation, Mar 2020
Register for details
For more details on financing and valuation of private companies similar to HashiCorp before its M&A, register or log in today.
Please provide a valid email address.
By registering, you agree to Forge’s Terms of Use. Already registered? Log In

HashiCorp IPO date and status

2012
Founded
Nov 2021
S-1 Filed
Dec 2021
IPO Completed
Apr 2024
MA Announced
Feb 2025
MA Closed

Company details

HashiCorp was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company has not officially endorsed a plan to participate in an IPO.

HashiCorp is a provider of open-source tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. The company has raised approximately $350 million in Venture Capital funding from investors including Franklin Templeton, Geodesic Capital, T. Rowe Price, Bessemer Venture Partners, IVP, TCV, Redpoint Ventures, GGV Capital, Mayfield Fund, True Ventures, and Haystack. Per company press releases, HashiCorp last raised $175 million in March 2020 at a post-money valuation of $5.1 billion.

Founded
2012
Headquarters
San Francisco, CA, United States
Forge Price 1
Price not available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
$5.27B
Total Funding
$349.76MM
Last Funding Round
Series E

Learn more about HashiCorp

To invest in HashiCorp pre-IPO

Can you invest in HashiCorp pre-IPO?

You can no longer invest in HashiCorp with Forge. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of HashiCorp before it goes public?

You can no longer sell shares of HashiCorp on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my HashiCorp shares?

Forge can no longer determine the value of HashiCorp shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.

Is HashiCorp a publicly traded company?

HashiCorp became a public company following its M&A on 02/27/2025 and is now a publicly traded company.

To learn more about HashiCorp potential IPO

Will HashiCorp go IPO?

HashiCorp became a public company following its M&A on 02/27/2025.

What is HashiCorp’s IPO price?

The IPO price of HashiCorp is not currently available.

When was HashiCorp founded?

HashiCorp was founded in 2012.

What is HashiCorp funding to date?

HashiCorp has raised $349.76MM to date.

HashiCorp pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
03/16/2020 Series E $175MM $28.92 $5.27B Franklin Templeton Investments, Geodesic Capital, Ggv Capital, Ivp, Mayfield Fund, Redpoint Ventures, T. Rowe Price, True Ventures
Price per Share
$ xx.xx
Shares Outstanding
6,051,132
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Franklin Templeton Investments, Geodesic Capital, Ggv Capital, Ivp, Mayfield Fund, Redpoint Ventures, T. Rowe Price, True Ventures
11/01/2018 Series D $100MM $11.08 $1.97B Appdynamics, Ggv Capital, Ivp, Mayfield Fund, Redpoint Ventures & Bessemer Venture Partners, Slack, Snap, True Ventures
Price per Share
$ xx.xx
Shares Outstanding
9,022,542
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Appdynamics, Ggv Capital, Ivp, Mayfield Fund, Redpoint Ventures & Bessemer Venture Partners, Slack, Snap, True Ventures
10/25/2017 Series C $40MM $3.17 $480MM Ggv Capital, Mayfield Fund & True Ventures, Redpoint Ventures
Price per Share
$ xx.xx
Shares Outstanding
12,625,844
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ggv Capital, Mayfield Fund & True Ventures, Redpoint Ventures
09/07/2016 Series B $24MM $0.70 $80MM Ggv Capital, Mayfield, Redpoint Ventures & True Ventures
Price per Share
$ xx.xx
Shares Outstanding
34,434,922
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ggv Capital, Mayfield, Redpoint Ventures & True Ventures
12/10/2014 Series A $10.2MM $0.43 $41MM Ggv Capital & True Ventures, Mayfield
Price per Share
$ xx.xx
Shares Outstanding
23,575,316
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ggv Capital & True Ventures, Mayfield
05/31/2013 Series Seed $560,098.00 $0.07 $5.2MM Originate & Haystack
Price per Share
$ xx.xx
Shares Outstanding
8,418,228
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Originate & Haystack

HashiCorp IPO news and media highlights

At age 23, Mitchell Hashimoto built an open-source tool and turned it into HashiCorp. Here's how he became a billionaire even after leaving the C-suite.

HashiCorp, now a public, $14 billion company, began as a passion project in open-source software for Mitchell Hashimoto and cofounder Armon Dadgar.

The CTO of $15 billion HashiCorp says its successful stock-market debut came after years of convincing investors that software-developer tools are valuable

HashiCorp went through a leadership change before its IPO: Its cofounder Mitchell Hashimoto stepped down as CTO to become an engineer.

HashiCorp revoked private key exposed in Codecov security breach

HashiCorp was a victim of the Codecov security breach, as attackers stole the private key used to sign HashCorp's software downloads.

The CEO of $5.27 billion HashiCorp says the pandemic caused an 'enormous' surge in demand that led the firm to have its best quarter ever

HashiCorp's customers were cautious at the start of the pandemic but soon realized they needed cloud services more than ever.
Browse More Insights

Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Enterprise Software
Subsector: Cloud / Networking Infrastructure
Trade Metrics Last Funding Round
Company Forge Price Last Matched Round Post-Money Valuation 3 Price Per Share Amount Raised
CohesityCohesity$15.67 +$0.01 (0.06%)$ xx.xxSeries H-1$4.69B$15.66$27.5MM
Liftoff MobileLiftoff MobileNot available$ xx.xxNot available------
DeelDeelNot available$ xx.xxSeries E$17.3B$38.92$300MM
GenesysGenesysNot available$ xx.xxNot available------
EnvoyEnvoyNot available$ xx.xxSeries C$1.4B$3.14$111MM
4C4CNot available$ xx.xxNot available------

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
SpaceX SpaceX $550.00 +$102.77 (22.98%)High $xxx.xx
Anduril Anduril $114.78 +$9.78 (9.31%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx

Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $114.78 +$9.78 (9.31%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx
Groq Groq $29.77 -$0.01 (0.03%)High $xxx.xx

Forge, your trusted partner for pre-IPO insights and HashiCorp data

Forge is the trusted platform for buying and selling pre-IPO shares. Investors and shareholders worldwide rely on our deep data insights, liquidity solutions, and tailored investment opportunities to navigate the private market. Register to get started.

Updated on: Dec 10, 2025

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

  1. Forge Price™ is a custom data-point calculated and disseminated by Forge Data LLC (“Forge Data”) and is a mark of Forge Data. Forge Price may rely on a very limited number of inputs in its calculation. Forge Price is prepared and disseminated solely for informational purposes. Redistribution is permitted solely with Forge’s written consent. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of Forge Price, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of Forge Price. Forge Price is derived from secondary activity on the Forge platform and other private market trading platforms, and other publicly-available datapoints collected by Forge. Forge Price is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Neither reference to company names, nor calculation of Forge Price for a specific company, implies any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company. The dollar-figure and percentage displayed indicates the per share change in dollar amount and percentage since the most recent Forge Price change. Percentages are rounded to the nearest whole number.
  2. Market activity indicates the level of activity for a company based on recent IOIs, secondary transactions, and pending transactions on Forge.
  3. Post-Money Valuation represents the estimated valuation based on company-submitted Certificates of Incorporations (COIs).
  4. Last Known Valuation represents a valuation gathered from non-COI, publicly available sources including company press releases or multiple concurring news articles.
  5. Actively traded companies are companies with a high market activity with the highest post-money valuation in the same sector.

‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

The news articles displayed on this page may be curated using artificial intelligence (AI) technology, which selects relevant content from a list of trusted web sources. While we strive for accuracy and reliability, the inclusion of an article does not imply endorsement or verification of its content. This communication is for informational purposes only. Investors should conduct their own research and consult a financial professional before making investment decisions.

Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.