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Groundcover

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Strives to make observability effortless for developers, so they can focus on what really matters - building world-changing products

Tel Aviv-Yafo, IsraelFounded 2021Other B2B Software
Valuation $250–500M Last recorded · 2026
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Groundcover and the history behind them.

About Groundcover

Groundcover is a Tel Aviv-based company operating in the cloud-native application monitoring market, positioning itself as a challenger to established players like Datadog and New Relic. Founded in 2021 by Shahar Azulay and Yechezkel Rabonivich, the firm aims to address the high costs and integration complexities of traditional Application Performance Monitoring (APM) solutions. The founders' backgrounds, which include experience at Apple and CyberMDX respectively, and service together in an elite Israeli cyber unit, provided them with firsthand experience of the frustrations caused by APM issues, directly informing the company's mission.

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The company's core offering is an observability platform built to monitor modern production environments, particularly those using Kubernetes. Groundcover's key technical differentiator is its use of eBPF (extended Berkeley Packet Filter), a Linux kernel technology that allows for data collection with minimal overhead. This enables the platform to tap into application logs, metrics, and traces directly from the Linux kernel without requiring code changes or invasive instrumentation from its clients. This approach provides granular visibility into a company's entire production stack, helping to identify and resolve issues more rapidly.

Groundcover's business model centers on a "Bring Your Own Cloud" (BYOC) approach. This allows clients to maintain their observability data on their own on-premise infrastructure while the platform remains fully managed by Groundcover, addressing security and data privacy concerns. This model, combined with a pricing structure based on the number of nodes rather than data volume, is designed to offer a more predictable and cost-effective solution compared to legacy systems. The company has secured significant venture capital, including a $20 million Series A in 2022 and a $35 million Series B in April 2025, bringing its total funding to $60 million to support product development and U.S. expansion. Recently, the firm has expanded its offerings to include a dedicated observability tool for Large Language Models (LLMs) and AI-driven workflows.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Tel Aviv-Yafo, Israel
Employees
117
Open positions
8
Dealroom signal
90.3/100
Industry
Enterprise Software
Sector
Other B2B Software
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Apr 2025 $35M $140M Heavybit · Angular Ventures · Jibe Ventures · Zeev Ventures ↗
SERIES AOther financing Mar 2023 $20M $80M Zeev Ventures · Angular Ventures · Jibe Ventures · Heavybit ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Groundcover website traffic

Latest recorded traffic for Groundcover is 94K monthly website visits, down 14.5% over the last three months. Groundcover's team grew 28.6% over the past year.

Latest monthly visits94K 3-month web change-14.5% 1-year team growth+28.6%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Series A1 investor entered at this stage

Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇮🇱 Israel56.4%
🇺🇸 United States43.6%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Groundcover on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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