NinjaOne says it has raised more than US$400 million in a secondary extension of its Series C funding round, valuing the company at US$12.3 billion.
The company said the round included participation from Wellington Management, Teachers’ Venture Growth, BDT & MSD Partners, Sequoia Capital, ICONIQ, Hedosophia, NEA, Washington Harbour Partners, CapitalG, and Pinegrove Opportunity Partners.
In Australia and New Zealand, NinjaOne has expanded its presence following its acquisition of Australian SaaS backup provider Dropsuite last year, and said the new funding would help accelerate its regional growth efforts.
In a statement, CEO and co-founder Sal Sferlazza linked the funding to product development and market expansion, including the use of AI across the business. “We’re in a rare position to collaborate with some of the most forward-thinking investors in the world, and those partnerships are shaping how we bring AI into every layer of our business, from our platform roadmap and market expansion to our internal operations,” he said.
NinjaOne said it remains founder-led and debt-free, with co-founders Sal Sferlazza and Chris Matarese retaining majority control. The company also cited nearly 40,000 customers across more than 140 countries.
The raise comes as endpoint management and broader IT operations tooling continues to consolidate, with vendors positioning “single platform” approaches as a response to tool sprawl and growing automation requirements. NinjaOne cited a Gartner forecast that by 2030 more than 50% of digital workplace tasks will be automated via digital workplace operations automation platforms, up from less than 5% in 2026.
As part of its announcement, NinjaOne also pointed to third-party research it said measured return on investment for its customers, citing an IDC Research study that reported a 720% three-year ROI and a four-month payback period on investment.
Company president and co-founder Chris Matarese said the round was not driven by a need for capital to keep growing. “Because we are profitable, this raise was never about needing capital to grow,” he said.
