NinjaOne Reaches $12.3B Valuation in Series C Extension Led by Sequoia and ICONIQ

NinjaOne, the Austin-based provider of a unified endpoint management platform, has raised more than $400 million in a Series C extension, lifting its post-money valuation to $12.3 billion ([Tech Funding News](https://techfundingnews.com/from-5b-to-12-3b-in-a-year-ninjaone-raises-over-400m-from-sequoia-capital-and-iconiq/)). The new figure represents a sharp increase from the roughly $5 billion the company was valued at in February 2025, an upward move of approximately 146 percent in a little over a year ([Yahoo Finance](https://finance.yahoo.com/markets/stocks/articles/platform-ninjaone-valued-12-3-101242566.html)). The round was led by Sequoia Capital and ICONIQ, with additional participation from Wellington Management and Teachers' Venture Growth ([Tech Funding News](https://techfundingnews.com/from-5b-to-12-3b-in-a-year-ninjaone-raises-over-400m-from-sequoia-capital-and-iconiq/)). According to the company's founders, Sal Sferlazza and Christopher Matarese, the leadership team retains majority equity and board control, and the business carries no debt. NinjaOne reports serving a large base of organizations, with figures ranging from more than 24,000 ([Tech Funding News](https://techfundingnews.com/from-5b-to-12-3b-in-a-year-ninjaone-raises-over-400m-from-sequoia-capital-and-iconiq/)) to nearly 40,000 ([Yahoo Finance](https://finance.yahoo.com/markets/stocks/articles/platform-ninjaone-valued-12-3-101242566.html)) customers, including Nvidia, Lyft, Deloitte, Hyundai, and Vimeo. The company says it reached profitability in 2025 and grew roughly 70 percent year over year during that period ([Digitalisation World](https://digitalisationworld.com/news/72535/ninjaones-valuation-surge-in-a-burgeoning-it-landscape)). The company plans to direct the proceeds toward research and development for autonomous endpoint management and an artificial-intelligence-assisted helpdesk, while also supporting its $262 million acquisition of Dropsuite ([Tech Funding News](https://techfundingnews.com/from-5b-to-12-3b-in-a-year-ninjaone-raises-over-400m-from-sequoia-capital-and-iconiq/)). NinjaOne was named a Leader in the 2026 Gartner Magic Quadrant for Endpoint Management Tools, underscoring its position in a growing segment of the IT operations market ([Digitalisation World](https://digitalisationworld.com/news/72535/ninjaones-valuation-surge-in-a-burgeoning-it-landscape)).