Startup profile · funding coverage
Teleport funding, valuation and investors
Identity-based secure access to servers, Kubernetes, databases, and internal apps.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series C
$110M · May 2022
Latest known valuation
$1.1B
Series C · May 2022
Total disclosed equity funding
$110M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · Oakland, California, USA
Investors in latest funding
Lead: Bessemer Venture Partners
Other: Insight Partners , Kleiner Perkins
Overview
Teleport (formerly Gravitational) provides identity-based infrastructure access — unifying secure connectivity to SSH servers, Kubernetes clusters, databases, and internal web applications without legacy VPNs. Founded by Sasha Klokach and team, Teleport raised a $110M Series C in May 2022 led by Bessemer Venture Partners at $1.1B valuation, with Insight Partners and Kleiner Perkins participating. Andreessen Horowitz backed from early rounds. The company reports strong ARR growth and Fortune 500 adoption for zero-trust infrastructure access.
Why Teleport is interesting
Teleport replaced VPNs and shared SSH keys for infra access — Bessemer-led $110M Series C at $1.1B as ARR grew 2.8x with a16z from seed.
Product & use cases
Teleport replaces VPNs and shared credentials with certificate-based, identity-aware access to infrastructure — with session recording, RBAC, and audit logs.
- Engineers accessing production Kubernetes without shared kubeconfig keys
- DBA secure access to PostgreSQL/MySQL with full audit trail
- Compliance-driven session recording for SOC 2 and FedRAMP environments
Key facts
- Series C (May 2022): $110M at $1.1B led by Bessemer (PR Newswire)
- ARR grew 2.8x YoY at Series C announcement
- Identity-based access replacing VPNs for cloud-native teams
- a16z, Kleiner, Insight among earlier backers
Funding history (newest first)
Series C
2022-05 $110M Valuation: $1.1BInvestors in our directory
Funds linked from Teleport's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Unified access plane for servers, K8s, DBs, and apps — reduces tool sprawl versus separate VPN, PAM, and bastion products.
Zero-trust infrastructure access is crowded as VPN fatigue grows. Teleport wins on developer UX and unified protocol coverage; must compete with platform bundling from cloud providers.
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Cloudflare Access / Zero Trust direct
Zero-trust network access; broader CDN platform.
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HashiCorp Boundary direct
Dynamic infrastructure access; HashiCorp stack integration.
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Traditional VPN (Cisco, Palo Alto) incumbent
Legacy remote access; Teleport argues identity-native replacement.
Notable stories
- Teleport's founders open-sourced gravitational tooling before commercializing unified access — Bessemer's $1.1B valuation bet that every engineering org would drop VPNs for identity-native infra access.
Industries
FAQs about Teleport
Practical answers founders, operators, and investors typically search for.
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