Semgrep, Inc.
Semgrep's mission is to make it expensive to exploit software by providing developer-friendly code security tools that enable teams to find, fix, and prevent security vulnerabilities without slowing down development.
Founding Story
Semgrep was founded in 2017 by three MIT graduates - Isaac Evans, Drew Dennison, and Luke O'Malley - who shared a mission to profoundly improve software security from day one. The founders first collaborated during MIT's Independent Activities Period in 2011 on a contract to secure Android apps for the U.S. Army, which sparked their interest in software security. In 2016, Evans and Dennison became Entrepreneurs in Residence at Redpoint Ventures, where they explored opportunities in the software security space. They recognized a fundamental problem: security tools were too complex, slowed down development, and created an asymmetry where attackers had the advantage. Security was treated as a specialized skillset rather than something every developer could participate in. In 2019, during an internal hackathon at their startup (then called r2c), the team encountered the open-source sgrep tool, originally created by Yoann Padioleau at Facebook. They recognized its potential and hired Padioleau to help revive and expand the project. This became the foundation of Semgrep - a tool designed to democratize security by making it as easy as using "Grammarly for code." The founders' vision was to create a developer-friendly security platform that would make it expensive to exploit software by empowering every programmer to write security rules and participate in securing code, rather than requiring highly specialized security expertise. Their goal was to allow companies to maintain development velocity without sacrificing security, addressing the core problem that defenders were at a disadvantage against attackers.
Discussions
No discussions yet
Be the first to start a discussion about Semgrep, Inc.
Leadership
Founders
Isaac Evans
CEO and Co-Founder. MIT graduate (SM '15) in Electrical Engineering and Computer Science. Completed a master's thesis on advanced software security. Former Entrepreneur in Residence at Redpoint Ventures (2016-2017). Experience at Palantir and Fortune 500 companies. Conducted research into binary exploitation at MIT Lincoln Laboratory and U.S. Department of Defense. Member of Simmons Hall and the Gordon-MIT Engineering Leadership (GEL) Program at MIT.
Drew Dennison
CTO and Co-Founder. MIT graduate ('13) in Electrical Engineering and Computer Science. Former Entrepreneur in Residence at Redpoint Ventures (2016-2017). Experience at MIT computer science research labs and Fortune 500 companies. Member of Simmons Hall and the Gordon-MIT Engineering Leadership (GEL) Program at MIT. Mentored by Professor Joel Schindall.
Luke O'Malley
CPO (Chief Product Officer) and Co-Founder. MIT graduate ('14) in Electrical Engineering and Computer Science. Joined as Head of Product in December 2017. Member of Simmons Hall and the Gordon-MIT Engineering Leadership (GEL) Program at MIT.
Executive Team
Isaac Evans
Founder and CEO
MIT graduate (SM '15) in EECS. Former Entrepreneur in Residence at Redpoint Ventures. Experience at Palantir, MIT Lincoln Laboratory, and U.S. Department of Defense.
Drew Dennison
Co-Founder and CTO
MIT graduate ('13) in EECS. Former Entrepreneur in Residence at Redpoint Ventures. Experience at MIT computer science research labs.
Business Model
Revenue Model
SaaS subscription model based on number of contributors (developers). Free for teams under 10 contributors. Revenue streams from SAST (Code), SCA (Supply Chain), and Secrets Detection subscriptions. Enterprise customers pay custom pricing for scale and dedicated support.
Pricing Tiers
Open-source rules, DIY CI/CD setup, community support, lightweight fast scanning
Pro rules, AI Assistant, SSO, award-winning support, managed scans option, advanced features
Reachability analysis, malicious dependency detection, SBOM generation, license compliance
Semantic secrets detection, entropy analysis, secret validation
Dedicated account management, volume pricing, custom SLAs, enterprise support, scale features
Target Markets
- Late-stage startups and scale-ups
- Enterprise technology companies
- Fintech companies
- SaaS platforms
- Cloud-native applications
- Developer teams and engineering organizations
- Secure Vibe Coding (securing code written by AI or humans)
- Open-Source Malware Protection
- Static Application Security Testing (SAST)
- OWASP Top 10 vulnerability prevention
- Secure Guardrails for automated security enforcement
- Software Composition Analysis (SCA) for dependency vulnerabilities
- Lyft
- Snowflake
- Figma
- Dropbox
History & Milestones
Recognized in the 2025 Gartner Magic Quadrant for Application Security Testing for the first time
Launched Semgrep Assistant with Memories, an AI-powered triage system with 96% researcher agreement rate
Malicious Dependency Detection reached General Availability with 80,000 SCA rules
Launched Semgrep Assistant (AI remediation tool) to general availability
Hit 100 million annual scans
