This Harness company profile covers the company's valuation, revenue, funding rounds, investors and history. Harness works in developer tools, with a focus on AI software delivery and DevOps. It was founded in 2017 and is headquartered in San Francisco, California, United States. Its latest valuation on record is US$5.5 billion (December 2025). Every figure links to a public source, and anything the company hasn't disclosed is marked as such.
Revenue
About US$250 million — Annual recurring revenue on pace for 2025 (as reported), as of December 2025. Source: TechCrunch.
| Metric | Value | As of | Source |
|---|---|---|---|
| Total equity raised | About US$570 million after the Series E | December 2025 | TechCrunch |
Funding history
| Date | Round | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Dec 2025 | Series E | US$240M (US$200M primary, US$40M employee tender) | US$5.5B post-money | Goldman Sachs Alternatives (lead); IVP, Menlo Ventures, Unusual Ventures | Goodwin |
| Apr 2022 | Series D | See source | US$3.7B | See source | TechCrunch |
Harness timeline
Key dates from the sources on this page, oldest first. Metric snapshots are listed after the funding events.
- 2017 — Harness is founded in San Francisco by Jyoti Bansal (CEO) and Rishi Singh.
- Apr 2022 — Series D: See source, valuing the company at US$3.7B.
- Dec 2025 — Series E: US$240M (US$200M primary, US$40M employee tender), valuing the company at US$5.5B post-money. Investors: Goldman Sachs Alternatives (lead); IVP, Menlo Ventures, Unusual Ventures.
- December 2025 — Total equity raised: About US$570 million after the Series E.
Investors
Overview
Harness provides a platform for the work that happens after developers write code: building, testing, deploying, securing and operating software. Its products automate continuous integration and continuous delivery (CI/CD), manage feature flags, control cloud costs, test applications and secure software supply chains, with AI agents that help automate pipelines and fix problems. As AI coding tools let developers write code faster, Harness argues the bottleneck has shifted to delivering that code safely to production, which it calls the "after-code" gap. In December 2025 it raised US$240 million at a US$5.5 billion valuation, led by Goldman Sachs, and TechCrunch reported it was on pace to pass US$250 million in annual recurring revenue in 2025.
Jyoti Bansal, the CEO, founded Harness in 2017 with Rishi Singh. Bansal previously founded AppDynamics, an application performance monitoring company that Cisco acquired for US$3.7 billion in 2017, just before its planned IPO. He has also co-founded the venture firm Unusual Ventures and other companies.
Products
- Continuous integration and delivery: automated building, testing and deployment pipelines.
- Feature management: feature flags and experimentation.
- Cloud cost management: visibility and optimisation of cloud spending.
- Security testing: application and supply chain security, expanded through the Traceable merger and Qwiet AI acquisition.
- Chaos engineering and testing: tools to test resilience and quality.
- AI agents: agents that create pipelines, troubleshoot failures and automate delivery tasks.
Funding
Harness raised from investors including Menlo Ventures, IVP, Unusual Ventures, Alkeon Capital and Citi Ventures. An April 2022 round valued it at US$3.7 billion. In December 2025 it announced a US$240 million Series E at a US$5.5 billion post-money valuation, including US$200 million of primary investment led by Goldman Sachs Alternatives and a planned US$40 million tender offer for long-time employees with IVP, Menlo Ventures and Unusual Ventures participating. Total equity raised reached about US$570 million.
Business model
Harness sells subscriptions to enterprises, priced by modules and usage, such as the number of developers, services or pipelines. Large companies often adopt several modules over time, increasing contract values. Its platform approach aims to replace multiple point tools with one integrated system.
Competition
Harness competes with GitHub Actions, GitLab, Jenkins and CloudBees in CI/CD; with LaunchDarkly in feature flags; with cloud cost tools; and with security vendors such as Snyk and Wiz in application security. Its strengths are a broad, integrated platform and strong enterprise adoption.
Harness at a glance
Harness is a San Francisco software delivery platform founded in 2017 by AppDynamics founder Jyoti Bansal and Rishi Singh. It automates building, testing, deploying, securing and operating software, with AI agents. It raised a US$240 million Series E in December 2025 led by Goldman Sachs at a US$5.5 billion valuation, with ARR reportedly approaching US$250 million.
Timeline
- 2017: founded.
- 2020–2021: becomes a unicorn and expands into multiple modules.
- April 2022: valued at US$3.7 billion.
- 2025: merges with Traceable and acquires Qwiet AI.
- December 2025: raises US$240 million at US$5.5 billion.
Why delivery is the new bottleneck
AI coding assistants have dramatically increased how much code developers can write. But every change still needs to be built, tested, checked for security issues, deployed and monitored. If those steps remain manual or slow, the extra code piles up, and the risk of bugs and security flaws reaching production rises. Platforms that automate and secure delivery can turn faster coding into faster, safer releases. This is the argument behind Harness's AI agents for DevOps and its positioning for the AI coding era.
How a deployment pipeline works
When a developer merges a change, a CI system builds the code and runs automated tests. If tests pass, a CD system deploys the change, often first to a small percentage of users or a staging environment, monitoring for errors before rolling it out fully. Feature flags let teams turn new features on or off without redeploying. Security scans check code and dependencies for vulnerabilities. Harness orchestrates these steps and uses data from previous deployments to detect problems and roll back automatically.
Who funds Harness
Harness's investors include Goldman Sachs Alternatives, IVP, Menlo Ventures, Unusual Ventures, Alkeon Capital and Citi Ventures.
Who uses Harness
Harness's customers include large enterprises in financial services, technology, retail and healthcare, used by platform engineering, DevOps, security and development teams.
Valuation context
Harness raised at a higher valuation than in 2022, unusual for companies that raised at the peak. A US$5.5 billion valuation on about US$250 million of ARR implies a multiple of roughly 22 times. Our guide to SaaS valuation multiples explains how such figures compare.
Risks
- Competition: GitHub and GitLab bundle CI/CD with source control.
- Integration: acquired products must work as one platform.
- Developer preferences: engineers often choose tools bottom-up.
Questions for buyers
- Which modules do you need, and how is pricing structured?
- How does it integrate with your source control and cloud?
- What AI features are available, and how are they governed?
Lessons from AppDynamics
Jyoti Bansal's previous company, AppDynamics, monitored application performance and was acquired by Cisco for US$3.7 billion in 2017, the day before it was due to list publicly. That experience gave Bansal a deep understanding of enterprise software sales and the challenges developers face in production. With Harness, he set out to build a broad platform from the start, adding modules for delivery, testing, cost and security, and acquiring companies to fill gaps. The strategy aims to make Harness the system of record for software delivery in large enterprises, where buyers increasingly want fewer, more integrated tools.
Platform engineering teams often evaluate Harness module by module, starting where their current tools are weakest.
Latest developments (October 2026)
Harness' December 2025 round of US$200 million, led by Goldman Sachs at US$5.5 billion, remains its latest confirmed valuation; the company also set aside US$40 million for an employee share buyback and said it was on track to exceed US$250 million in annualised revenue with more than 50% growth. Claims on some tracking sites of a 2026 IPO filing could not be verified. Harness merged with Traceable, another company founded by chief executive Jyoti Bansal, to add API security. See our developer tools guide.
What to watch
Watch AI agent adoption, ARR growth, further acquisitions and possible IPO plans. Our guide to upcoming tech IPOs tracks potential listings.
Takeaways
Engineering teams can automate and secure software delivery. Founders can see how a repeat founder built a broad platform. Investors should watch competition from bundled developer platforms.
Sources
Every figure on this page comes from the public sources below. Where sources disagreed, we used the company's own announcement or a primary news report. Private-company data changes; check the date beside each figure.
Frequently asked questions
What does Harness do?
Harness is a developer tools / ai software delivery and devops company headquartered in San Francisco, California, United States. It was founded in 2017.
What is Harness's valuation?
Harness was valued at US$5.5 billion as of December 2025, according to TechCrunch. Private company valuations are set at funding rounds or share sales and can change significantly between them.
How much revenue does Harness make?
Harness reported About US$250 million (annual recurring revenue on pace for 2025 (as reported)) as of December 2025, according to TechCrunch.
What was Harness's latest funding round?
The most recent financing we have verified is a series e in Dec 2025: US$240M (US$200M primary, US$40M employee tender), at a valuation of US$5.5B post-money. Source: Goodwin.
Who are Harness's investors?
Investors named in public announcements include Goldman Sachs Alternatives, IVP, Menlo Ventures, Unusual Ventures, Alkeon Capital and Citi Ventures.
Who founded Harness?
Harness was founded in 2017 by Jyoti Bansal (CEO) and Rishi Singh.
Is Harness a public company?
No. Harness is a private company (private, venture backed), so its shares are not traded on a stock exchange and it isn't required to publish its financial results.
Where is Harness headquartered?
Harness is headquartered in San Francisco, California, United States.