Ngrok Pitch Deck Used to Raise $50 Million in Series A for API aaS

Company Background:

With minimal code modifications, ngrok's streamlined API-first ingress-as-a-service gives apps connection, security, and observability. Alan Shreve, an expert in creating distributed systems at scale, founded ngrok in 2015.

Ngrok started as an open source community-funded hosted service but has since developed into a platform that supports millions of tunnels every day and has more than 30,000 paying clients, including Zendesk, Copado, and Veritas.

The $50 million Series A round, was led by Lightspeed and included Coatue Management among others.

Business Model & Funding Summary:

• Industry: Software, SaaS
• Business model: B2B
• Year: 2022
• Amount raised: $50M
• Stage: Series A

Pitch Deck Used:

Ngrok's $50M Series A Pitch Deck