Harness Inc.

About Harness Inc.

Financials

Dated, source-cited figures. Estimates are marked.

Products by Harness Inc.

All products by Harness Inc. reviewed by our AI panel of experts.

HarnessAI DevOps

AI-native software delivery across CI/CD, testing, security, and cloud cost

Free8.0/10

How Our Review Panel Scores Harness Inc.

Six independent reviewer personalities assessed Harness Inc.'s product on their own terms. They landed within 0.6 points of each other, an unusually strong consensus.

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Harness Inc. competes with, and how they differ.

GitLab8.1/10

GitLab bundles CI/CD tightly with its own source control, issue tracking, and security scanning in one platform, while Harness is Git-provider-agnostic, plugging into any repo host and modularizing CI, CD, feature flags, chaos engineering, and cost management as separately licensed modules.

1 product reviewed on TopReviewed

C

CircleCI

CircleCI is a pure-play, config.yml-driven CI/CD product with usage-credit pricing per resource class, whereas Harness pairs pipeline execution with a broader delivery platform (deployment verification, feature flags, FinOps, security testing) sold as an integrated suite.

GitHub7.5/10

GitHub Actions ships CI/CD bundled into GitHub's own source-control subscription at low incremental cost, while Harness is an enterprise-focused, Git-agnostic delivery platform charging separately for paid modules (deployment verification, feature flags, cost management) that Actions does not offer natively.

1 product reviewed on TopReviewed

HashiCorp (Terraform Cloud/HCP Terraform, now part of IBM)

HashiCorp's Terraform Cloud focuses narrowly on IaC state management, policy, and remote Terraform runs, while Harness's Infrastructure as Code Management module wraps Terraform/OpenTofu orchestration as one module inside its broader CI/CD, governance, and cost-control platform.

Company Timeline

Key milestones in Harness Inc.'s history, with sources.

1. Dec 11, 2025Funding

   Series E — $240M led by Goldman Sachs at $5.5B valuation

   Harness raised a $240M Series E ($200M primary led by Goldman Sachs plus a $40M employee tender offer, with IVP, Menlo Ventures, and Unusual Ventures), a 49% jump from its April 2022 valuation.

   harness.io
2. Feb 10, 2025Acquisition

   Merged with Traceable, the API-security startup also founded by CEO Jyoti Bansal

   Harness and Traceable announced a merger in which Traceable began operating as its own unit within parent company Harness (GM: Sanjay Nagaraj); the combined company was described as worth about $5B with roughly $250M in expected 2025 revenue.

   nbcphiladelphia.com
3. May 29, 2024Acquisition

   Acquired Split Software (Split.io) for feature flags and experimentation

   Harness acquired feature-flag and experimentation platform Split Software, which had raised over $100M; deal terms were undisclosed.

   techcrunch.com
4. May 14, 2024Funding

   $150M debt financing from Silicon Valley Bank and Hercules Capital

   After ARR grew from $1M to more than $100M over five years, Harness raised $150M in debt financing (a line of credit) from Silicon Valley Bank and Hercules Capital.

   harness.io
5. Jan 11, 2024Acquisition

   Acquired the assets of Armory for about $7M

   Harness acquired the assets of continuous-deployment startup Armory (built on the open-source Spinnaker project) for approximately $7M in cash, hiring Armory staff and continuing support for existing customers.

   techcrunch.com
6. Jan 25, 2023Acquisition

   Acquired Propelo for software engineering analytics

   Harness acquired engineering-analytics tool Propelo, later offered as Harness Software Engineering Insights, adding DORA/SPACE metrics with 40+ third-party connectors; terms were undisclosed.

   devops.com
7. Apr 26, 2022Funding

   Series D — $230M led by Norwest Venture Partners at $3.7B valuation

   Harness raised a $230M Series D ($175M equity plus $55M debt) led by Norwest Venture Partners, with ARR more than doubling year over year, doubling its valuation to $3.7B.

   harness.io
8. Mar 22, 2022Acquisition

   Acquired ChaosNative, maker of LitmusChaos, entering chaos engineering

   Harness acquired ChaosNative, creator of the open-source LitmusChaos chaos-engineering tool, adding fault-injection testing to its platform; purchase price was undisclosed.

   techcrunch.com
9. Jan 14, 2021Funding

   Series C — $85M led by Alkeon Capital at $1.7B valuation

   Harness raised an $85M Series C led by Alkeon Capital, with Battery Ventures, Citi Ventures, Norwest Venture Partners, and others, at a $1.7B valuation; the round also revealed a previously undisclosed $30M B-1 round, bringing total raised to date to $195M.

   techcrunch.com
10. Aug 5, 2020Acquisition

    Acquired Drone.io, its first acquisition, entering open source

    Harness made its first acquisition, buying open-source continuous integration project Drone.io and its creator, entering the open-source community; deal terms were not disclosed.

    techcrunch.com
11. Apr 23, 2019Funding

    Series B — $60M led by IVP, GV, and ServiceNow Ventures at $500M valuation

    Harness raised a $60M Series B led by IVP, GV (Google Ventures), and ServiceNow Ventures, with Big Labs, Menlo Ventures, and Unusual Ventures also participating, valuing the company at $500M and bringing total raised to $80M.

    techcrunch.com
12. Oct 24, 2017Founded

    Jyoti Bansal launches Harness.io with co-founder Rishi Singh

    AppDynamics founder Jyoti Bansal launched continuous-delivery startup Harness.io with co-founder Rishi Singh, a former Apple platform architect, backed by $20M from Menlo Ventures and Bansal's Big Labs startup studio.

    cnbc.com