NinjaOne®, a leading automated endpoint management platform, has announced a $500 million Series C extension, bringing the company’s valuation to $5 billion. The funding was led by ICONIQ Growth and CapitalG, Alphabet’s independent investment fund, alongside participation from other prominent private investors.
The newly secured capital will be used to accelerate research and development in key areas such as autonomous endpoint management, autonomous patching, vulnerability remediation, and expanded IT use cases designed to enhance employee experiences with devices. Additionally, the funding will support NinjaOne’s commitment to world-class customer support and its pending acquisition of SaaS backup and data protection leader Dropsuite.
Despite the sizable investment, NinjaOne remains a founder-led and controlled company. Co-founders Sal Sferlazza and Chris Matarese continue to hold the largest equity stakes, maintain majority control of the Board of Directors, and command the majority of the company’s voting power. NinjaOne, which currently serves over 24,000 customers—including Nvidia, Lyft, Cintas, Vimeo, HelloFresh, The King’s Trust, and Porsche—has had an impressive year marked by:
- The $262 million acquisition of Dropsuite, reinforcing its leadership in data protection.
- Recognition as a representative vendor in the Gartner Market Guide for Endpoint Management Tools.
- Being named a Champion in the Canalys RMM and PSA Leadership Matrix 2025.
- Launching 20 product releases, including NinjaOne AI for Patch Sentiment, NinjaOne Mobile Device Management (MDM), and free Warranty Tracking.
“At NinjaOne, we are investing in innovation across our platform with a vision to make endpoint and patch management as easy and autonomous as possible, while continuing to expand into other AI, IT, and security use cases,”
said CEO and co-founder Sal Sferlazza. “Endpoints are the backbone of organizations today, and we believe in the coming years, providing products that support the user and their devices will be critical to making our customers successful.”
Co-founder and President Chris Matarese emphasized the company’s commitment to prioritizing customer value over short-term profits.
“Many private equity-funded companies focus on cutting services to increase profits. At NinjaOne, we believe in investing more to provide additional value to our customers. This funding will allow us to commit even more resources to building an unparalleled platform, and we are extremely confident that with Sal’s product leadership, our investments will continue to elevate NinjaOne as the preeminent solution in the market.”
Investors echoed their confidence in NinjaOne’s leadership and innovation.
“By putting the customer at the center of every decision, Sal and Chris developed a sophisticated yet easy-to-use platform at a time when endpoint growth is surging, leaving legacy solutions behind,”
said Roy Luo, General Partner at ICONIQ Growth.
“We believe this differentiated mindset will ensure their continued success.”
“NinjaOne has the potential to be a generational company,”
added Derek Zanutto, General Partner at CapitalG.
“The NinjaOne platform is reimagining what is possible in automated endpoint management while prioritizing results for customers and partners. Coupled with its terrific culture and exceptional leadership team, we find NinjaOne to be one of the strongest IT software companies in the world.”
With its latest funding round, NinjaOne is well-positioned for its next phase of growth and innovation. The company is actively hiring across all departments. For more information, visit: https://www.ninjaone.com/careers/.
