HashiCorp Stock: Acquisition and Valuation History
Cloud Infrastructure
By UpMarket Research | Last updated: July 2026
CEO Armon DadgarFounded 2012HQ San Francisco, US
HashiCorp builds software that helps organizations automate, secure, and manage cloud infrastructure across multi-cloud and hybrid environments. Its products support infrastructure and security lifecycle management for developers and operators.
UpMarket does not offer HashiCorp shares. This page covers HashiCorp's history before the acquisition.
Status
Acquired
By IBM, Feb 2025
Last Private Valuation
Not confirmed
Not confirmed by two independent reputable sources
How to Review HashiCorp's Funding History on UpMarket
HashiCorp was acquired by IBM in February 2025 and no longer has shares of its own. UpMarket does not offer HashiCorp shares. This page covers HashiCorp's valuation and funding history before the acquisition.
Step 01
Check the acquisition details
HashiCorp was acquired by IBM in February 2025.
Step 02
Review the valuation history
See how HashiCorp's private-market valuation changed across funding rounds before the acquisition.
Step 03
Review funding and revenue data
See reported funding rounds and revenue figures on this page, with their sources.
Step 04
Explore private companies
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Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
HashiCorp Revenue and Growth
Annual revenue
Why Investors Are Watching HashiCorp
Growth Signal
HashiCorp reported 15% Q4 FY2024 revenue growth to $156M
HashiCorp said Q4 FY2024 revenue rose 15% year over year to $156 million, while non-GAAP remaining performance obligations increased 21% to $483 million. The company said it is targeting 20% quarterly revenue growth by fiscal 2026 through sales execution, product differentiation, and cloud investment.
Market Opportunity
HashiCorp’s IPO implied about $300M ARR and 50% growth
At IPO, HashiCorp was described as an almost $300 million implied ARR business growing 50% year over year, according to Meritech Capital’s S-1 breakdown. Its cloud-managed offering, HCP, was estimated at nearly $15 million in implied ARR, suggesting early monetization of cloud services.
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No. HashiCorp was acquired by IBM in February 2025 and no longer has shares of its own. UpMarket does not offer HashiCorp shares.
HashiCorp has no stock price of its own since its acquisition by IBM. The prices shown on this page are historical private-market prices from before the acquisition.
No. HashiCorp was acquired by IBM and UpMarket does not offer HashiCorp shares. Accredited investors interested in companies that have not yet gone public can review UpMarket's current pre-IPO offerings.
HashiCorp is no longer an independent company, so its shares are not available to buy. This page is kept for its historical funding and valuation data. UpMarket does not offer HashiCorp shares.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
HashiCorp was acquired by IBM in February 2025. What former shareholders received, cash or shares of the buyer, was set by the terms of the acquisition.
UpMarket does not offer HashiCorp shares. The minimum for most pre-IPO offerings on UpMarket is $50,000.
HashiCorp's last valuation was set by its acquisition by IBM. The figures on this page show its valuation history before the acquisition.
HashiCorp builds software that helps organizations automate, secure, and manage cloud infrastructure across multi-cloud and hybrid environments. It was acquired by IBM in Feb 2025. UpMarket does not offer its shares.