PagerDuty
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Investors
Founders
About
PagerDuty is a digital operations management platform that helps companies manage IT incidents and alerts in real time 1. Founded in 2009 by University of Waterloo graduates Alex Solomon, Andrew Miklas, and Baskar Puvanathasan, the company participated in Y Combinator before raising institutional funding 2. PagerDuty went public on the NYSE on April 11, 2019, raising $218 million at a $1.8 billion valuation 3.
Funding History
| Round | Date | Amount | Lead Investor(s) | Key Co-Investors |
|---|---|---|---|---|
| Seed | Sep 2010 | $1.9M | — | Harrison Metal, Baseline Ventures, Ignition Partners |
| Series A | Jan 2013 | $10.7M | Andreessen Horowitz | Baseline Ventures, Harrison Metal, Jesse Robbins |
| Series B | Jul 2014 | $27.2M | Bessemer Venture Partners | Andreessen Horowitz, Baseline Ventures, Harrison Metal |
| Series C | Apr 2017 | $43.8M | Accel | Andreessen Horowitz, Bessemer Venture Partners, Baseline Ventures, Harrison Metal |
| Series D | Sep 2018 | $90M | T. Rowe Price, Wellington Management | Accel, Andreessen Horowitz, Bessemer Venture Partners |
| IPO | Apr 2019 | $218M | — | — |
What Investors Say
No independently sourced investor testimonials found.
What Founders Say
No independently sourced founder testimonials found.
Sources
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PagerDuty Newsroom, “PagerDuty Raises $27.2 Million to Become the Hub of Every Company’s Operations to Increase Reliability,” July 2014. https://www.pagerduty.com/newsroom/pagerduty-raises-27-million-to-increase-operations-reliability/↩↩
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TechCrunch, “PagerDuty Raises $10.7M Round From Andreessen Horowitz For IT Alert Service Modeled On AWS System,” January 2013. https://techcrunch.com/2013/01/31/pagerduty-raises-10-2m-round-from-andreessen-horowitz-for-it-alert-service-modeled-on-aws-system/↩↩
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CNBC, “PagerDuty pops nearly 60% in debut as tech IPO market heats up,” April 2019. https://www.cnbc.com/2019/04/11/pagerduty-pops-more-than-50percent-in-debut-as-tech-ipo-market-heats-up.html↩↩
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PagerDuty Newsroom, “PagerDuty’s Strong Performance Drives $43.8 Million Series C Investment to Secure Leadership in Digital Operations Management,” April 2017. https://www.pagerduty.com/newsroom/2017q1-company-momentum/↩
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PagerDuty Newsroom, “PagerDuty Raises $90M Series D Investment to Expand Its Platform for Real-Time Operations,” September 2018. https://www.pagerduty.com/newsroom/raises-series-d-investment/↩
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Crunchbase, “Seed Round - PagerDuty,” accessed March 2026. https://www.crunchbase.com/funding_round/pagerduty-seed–9840ce63↩
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PagerDuty Newsroom, “PagerDuty Announces Pricing of Initial Public Offering,” April 2019. https://www.pagerduty.com/newsroom/initial-public-offering-pricing/↩