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Funding3 min read

NinjaOne hits a $12.3B valuation on more than $400M in new funding

The Austin IT-operations software maker stayed founder-led and profitable as it raised secondary capital from Wellington, Sequoia, ICONIQ and others.

AUSTIN3 min read
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AUSTIN — NinjaOne, which sells a single platform for managing and securing corporate computers and devices, said it reached a $12.3 billion valuation after raising more than $400 million in Series C extensions. Investors in the round included Wellington Management, Teachers' Venture Growth, BDT & MSD Partners' affiliated funds, Sequoia Capital, ICONIQ, Hedosophia, NEA, Washington Harbour Partners, CapitalG and Pinegrove Opportunity Partners.

The company said the capital was raised as a secondary round, meaning it was not taking on the money because it needed it to operate; NinjaOne describes itself as profitable and debt-free, and co-founders Sal Sferlazza and Chris Matarese retain majority control of the board and voting power. NinjaOne reported nearly 70% year-over-year growth in 2025 and says close to 40,000 organizations across more than 140 countries now use its platform, including customers such as Deloitte, Porsche and the PGA Tour.

Why it matters

NinjaOne is one of Austin's most valuable private software companies, and a raise at this scale — done from a position of profitability rather than need — is a marker for a local ecosystem often defined by hardware, robotics and defense. The round also signals continued investor appetite for IT-management platforms as companies fold more automation and AI into how they run sprawling, distributed computing environments.

We're in a rare position to collaborate with some of the most forward-thinking investors in the world, and those partnerships are shaping how we bring AI into every layer of our business.Sal Sferlazza, CEO and co-founder, NinjaOne

Reported by Next in Austin. Based on reporting from Business Wire.

Mara Whitfield
Senior Writer, Startups & Funding

Covers who's raising, who's hiring, and who's next in Austin.