Kong Raises $175M in Series F

Kong has successfully raised $175M in a Series F at a $2B valuation led by Tiger Global, Sapphire Ventures.

Company Overview

Kong is a SaaS company headquartered in San Francisco, CA, founded in 2017 with 400+ employees.

API gateway and service mesh platform

Fundraising Details

Amount Raised: $175M
Round Type: Series F
Valuation: $2B
Date: 2025-10-12
Investors: Tiger Global, Sapphire Ventures

About Kong

API gateway and service mesh platform The company is positioned in the SaaS sector, serving a growing market with innovative solutions.

Key Information

Headquarters: San Francisco, CA
Founded: 2017
Team Size: 400+
Industry: SaaS

What This Means

This funding round demonstrates strong investor confidence in Kong's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The SaaS sector continues to attract significant investment as companies innovate to meet evolving market demands. Kong's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $2B valuation marks an important milestone for Kong, positioning the company among notable players in the SaaS industry.

Looking Ahead

With this new capital, Kong is well-positioned to execute on its growth strategy and continue building innovative solutions in the SaaS space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-10-12. For more information about Kong, visit their headquarters at San Francisco, CA.

Kong