NinjaOne Hits $12.3 Billion Valuation in $400 Million Share Sale
Updated
Updated · Bloomberg · Jun 9
NinjaOne Hits $12.3 Billion Valuation in $400 Million Share Sale
1 articles · Updated · Bloomberg · Jun 9
Summary
$400 million in secondary share sales valued NinjaOne at $12.3 billion, more than doubling the IT management startup's $5 billion valuation from February 2025.
The deal let early investors and longtime employees sell equity, with Wellington Management, Iconiq Capital, Alphabet's CapitalG and Sequoia Capital participating.
NinjaOne said annual recurring revenue has climbed above $600 million from $500 million at the end of 2025, and the business turned profitable in the first quarter after being cash-flow positive throughout 2025.
Nearly 40,000 organizations use its platform to manage devices and fix security vulnerabilities, a business the company argues should benefit as AI-powered hardware expands rather than be displaced by AI.