# PagerDuty

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pagerduty

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.pagerduty.com/
- Total disclosed funding: $168M
- Latest round: Series E (Aug 24, 2018)
- Investors on record: 11

## About

PagerDuty, Inc. is a US-based company specializing in incident management and operational efficiency solutions, empowering organizations to streamline their IT processes and enhance customer service through automated tools and AI-driven insights.Founded in 2009 in San Francisco, US, PagerDuty, Inc. focuses on incident management by providing essential tools for organizations. The company was established by Alex Solomon, Ken Human, and Ron Batra. In April 2019, PagerDuty raised USD 218 mn in an IPO, solidifying its market position. The company's headquarters are situated in San Francisco, US.PagerDuty offers a suite of products aimed at optimizing incident management and improving operational performance for various industries. Its key products include Incident Management, which automates IT issue resolution, and AIOps, utilizing artificial intelligence to reduce alert noise. The company also provides Automation tools to enhance critical workflows and Customer Service Operations that connect support and engineering teams during incidents. PagerDuty serves a diverse clientele across sectors such as Financial Services, Healthcare, and Retail, with a strong presence in North America, Europe, and Asia-Pacific.For the most recent fiscal year 2025, PagerDuty reported a revenue of USD 467.50 mn, with an EBITDA of USD -39.17 mn. The company's revenue model is primarily based on subscriptions, providing tiered pricing plans to meet client needs and ensuring ongoing service access for both enterprises and mid-sized businesses.Following its IPO on April 10, 2019, where it raised USD 218 mn by selling 9.1 million shares at USD 24 per share, PagerDuty plans to leverage these funds for product development and market expansion. The company is focused on designing new products to enhance its service offerings and aims to expand its market reach into Europe and Asia by 2025.

## Funding rounds

- Series E, Aug 24, 2018, $90M — Accel, T Rowe Price, Bessemer Venture Partners, Wellington Management, Andreessen Horowitz
- Series C, Apr 13, 2017, $44M — Accel, Bessemer Venture Partners, Andreessen Horowitz, Baseline Ventures, Harrison Metal
- Series B, Jul 31, 2014, $22M — Bessemer Venture Partners, Andreessen Horowitz, Baseline Ventures, Harrison Metal
- Series A, May 20, 2013 — Heavybit
- Series A, Jan 31, 2013, $11M — Ignition Partners, Andreessen Horowitz, Baseline Ventures, Harrison Metal, Webb Investment Network
- Seed, Nov 8, 2010, $2M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Ignition Partners (https://capitalatlas.ai/funds/ignition-partners) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B, Series C, Series E
- Baseline Ventures (https://capitalatlas.ai/funds/baseline-ventures) — Series A, Series B, Series C
- Harrison Metal (https://capitalatlas.ai/funds/harrison-metal) — Series A, Series B, Series C
- Webb Investment Network (https://capitalatlas.ai/funds/webb-investment-network) — Series A
- Heavybit (https://capitalatlas.ai/funds/heavybit) — Series A
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series B, Series C, Series E
- Accel (https://capitalatlas.ai/funds/accel) — Series C, Series E
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series E
- Wellington Management (https://capitalatlas.ai/funds/wellington-management) — Series E