# Smallstep Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smallstep-labs

- Industry: IT Security/Cybersecurity
- Headquarters: San Francisco, US
- Website: www.smallstep.com
- Total disclosed funding: $26M
- Latest round: Seed (Apr 28, 2022)
- Investors on record: 7

## About

Established in 2016 and based in California, US, Smallstep Labs, Inc., founded by CEO Mike Malone, operates as a software certification automation provider that primarily helps developers or operators secure infrastructure. In April 2022, Smallstep Labs, Inc. raised USD 19 million in Series A funding led by StepStone, with participation from Ridgeline Partners. The round was part of a larger USD 26 million seed and Series A funding.

The products of the company include certificate manager, which is an opinionated, extensible platform for DevSecOps public key infrastructure (PKI), using which users can easily manage private TLS/SSL certificates for all their internal workloads and developers, smallstep SSH, which removes the need to gather, ship, and rotate SSH public keys for all users and hosts and make it easy to use SSH certificates, and ACME registration authority, which brings ACME protocol support to existing PKI environments and helps users to automate certificate enrollment and renewal.

The company generates revenue through its SaaS-based platform that works on a freemium-based pricing plan. The plans include free, team, business, and custom. The charges are USD 249 per month for the team, and USD 999 per month for the business.      

The company plans to use the Series A investment to further broaden the development of its zero-trust products by investing in its open-source community as well as research and development to bring new capabilities and skills to infrastructure security.

## Funding rounds

- Seed, Apr 28, 2022, $7M — Accel, Bain Capital, Boldstart Ventures, Upside Partnership
- Series A, Apr 28, 2022, $19M — StepStone, Ridgeline
- Seed, Aug 19, 2016 — Accel, Boldstart Ventures, Upside Partnership, Haystack

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed
- Boldstart Ventures (https://capitalatlas.ai/funds/boldstart-ventures) — Seed
- Upside Partnership (https://capitalatlas.ai/funds/upside-partnership) — Seed
- Haystack (https://capitalatlas.ai/funds/haystack) — Seed
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Seed
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series A
- Ridgeline (https://capitalatlas.ai/funds/ridgeline) — Series A