Groundcover at a glance
As of- Founded
- 2021[3]
- [1] Equity raised: Sum of the 2 sourced equity rounds in the funding history below (debt, tender offers and rumored rounds excluded), July 30, 2026
- [2] Lead investors: SiliconANGLE, July 30, 2026
- [3] Founded: TechCrunch (retrieved September 14, 2022)
What Groundcover does
Groundcover is an observability platform that monitors cloud applications and infrastructure.[1] Shahar Azulay founded the company in 2021 with Yechezkel Rabinovich.[2] Before Groundcover, Azulay was a machine learning manager at Apple and Rabinovich was chief architect at CyberMDX.[2] Its platform collects telemetry from the Linux kernel using eBPF, so no code changes are needed.[1] Much of the money will go to expanding sales in North America.[3]
Business model and customers
Customers keep the data in their own cloud environments under a bring-your-own-cloud model.[3] Its pricing is not tied to the volume of data customers ingest.[1] Groundcover says it has more than 250 paying customers, from early-stage startups to Fortune 5 enterprises.[3] The company reported more than 3x year-over-year ARR growth and several seven-figure deals in the 12 months before July 2026.[3]
Leadership
- Azulay is CEO and Rabinovich is CTO.[1]
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Recent changes
- Jul 30, 2026Jul 30, 2026Raised $100M Series C SiliconANGLE
- Jul 30, 2026Jul 30, 2026New investor: One Peak SiliconANGLE
- Jul 30, 2026Jul 30, 2026New investor: Morgan Stanley SiliconANGLE
- Jul 30, 2026Jul 30, 2026New investor: Heavybit SiliconANGLE
- Jul 30, 2026Jul 30, 2026Groundcover Raises $100M to Take On Datadog Pulse story
Earlier changes (2)
- Sep 14, 2022Sep 14, 2022Raised $20M Series A TechCrunch
- Sep 14, 2022Sep 14, 2022New investor: Zeev Ventures TechCrunch
Funding history
2 equity events · newest first · sources dated per row| Date | Round | Amount | Valuation | Lead investors | Source |
|---|---|---|---|---|---|
| Jul 30, 2026 | Series C | $100M | — | SiliconANGLE | |
| Sep 14, 2022 | Series A | $20M | — | Zeev Venturesunverified | TechCrunch |
Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.
How Groundcover has been funded
It raised a $20 million Series A led by Zeev Ventures in September 2022.[2] A $35 million Series B, also led by Zeev Ventures, followed in April 2025.[4] That round brought total funding to $60 million.[4] In July 2026 Groundcover raised a $100 million Series C led by One Peak, with Morgan Stanley Expansion Capital participating.[3] The round brought total funding to $160 million.[3] CTech reported that the round valued the company at $500 million.[1]
Investors
Latest Pulse
- Aug 3, 2026AI Agent Governance Is Becoming Its Own Budget LineGroundcover, Glow and Onyx Security have all reached nine- or ten-figure valuations within months of launch by treating AI-agent oversight as a distinct enterprise budget line rather than a feature bolted onto existing security or observability tools.→
- Aug 3, 2026Horizon3 Hits $2B Valuation as AI Threats Force a Security RethinkHorizon3 raised a $250 million Series E at a $2 billion valuation, betting that AI-accelerated attacks require continuous, autonomous penetration testing rather than the periodic audits most enterprises still rely on.→
- Aug 3, 2026Onyx Security Hits $640M Valuing AI Agent GovernanceOnyx Security raised $113M in a Series B at a $640M valuation just four months after emerging from stealth, governing what autonomous agents are allowed to do once inside enterprise systems.→
- Aug 3, 2026AI Is Now Both the Weapon and the Target in CyberattacksSecurity researchers describe AI as simultaneously the tool attackers use to accelerate campaigns and the infrastructure now being targeted directly, a dual role that's reshaping what enterprise security teams have to defend.→
- Aug 3, 2026AI Agents Are Quietly Becoming Observability's BuyerGroundcover's $100 million Series C, betting that AI agents rather than human engineers are now observability tooling's primary users, is a preview of an entire category of dev-tools infrastructure getting rebuilt around AI consumers instead of people.→
- Jul 30, 2026DataBahn Raises $40M to Manage AI's Data PipesDataBahn closed a $40 million Series B led by Insight Partners for its platform that collects, governs and routes security, IoT and observability data across enterprise systems and AI models.→
- Jul 30, 2026Groundcover Raises $100M to Take On DatadogGroundcover raised a $100 million Series C led by One Peak at a $500 million valuation, betting that AI agents -- not just human engineers -- are now the primary users of observability tooling.→
Coverage Timeline
newest firstAll Coverage
AI
AI Agent Governance Is Becoming Its Own Budget Line
Groundcover, Glow and Onyx Security have all reached nine- or ten-figure valuations within months of launch by treating AI-agent oversight as a distinct enterprise budget line rather than a feature bolted onto existing security or observability tools.
Groundcover Raises $100M to Take On Datadog
FUNDING$100M Series C
Groundcover Raises $100M to Take On Datadog
Groundcover raised a $100 million Series C led by One Peak at a $500 million valuation, betting that AI agents -- not just human engineers -- are now the primary users of observability tooling.
Value Add Research
Related Companies
Groundcover FAQ
What is Groundcover's valuation?
CTech reported that the round valued the company at $500 million.[1]
How much has Groundcover raised?
In July 2026 Groundcover raised a $100 million Series C led by One Peak, with Morgan Stanley Expansion Capital participating.[3]
Who invested in Groundcover?
A $35 million Series B, also led by Zeev Ventures, followed in April 2025.[4]
Who is the CEO of Groundcover?
Azulay is CEO and Rabinovich is CTO.[1]
What does Groundcover do?
Groundcover is an observability platform that monitors cloud applications and infrastructure.[1]
When was Groundcover founded?
Groundcover was founded in 2021, according to TechCrunch.
References
researched 2026-10-24Sources & methodologyshow
Where these figures come from
- SiliconANGLEmajor outlet1 fact
- TechCrunchmajor outlet1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.