Hasura’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Hasura Technologies Private Limited | CIN: U72900KA2017PTC104083
Hasura, co-founded by Tanmai Gopal and Rajoshi Ghosh, is a global leader in simplifying GraphQL APIs and accelerating app development. Founded in 2017, Hasura enables instant data access with a real-time GraphQL engine, helping developers reduce backend development time drastically. By bridging the gap between frontend and backend teams, Hasura empowers organizations to innovate faster and scale globally. Backed by leading investors, Hasura is rapidly expanding its enterprise solutions, focusing on security, scalability, and developer experience to support modern application needs.
| Metric | Detail |
|---|---|
| Founding Year | 2017 |
| Headquarters | India & USA |
| Revenue FY23 | ~$9 million |
| Revenue FY22 | ~$6 million |
| Profit/Loss FY23 | Loss-making |
| Total Employees FY23 | ~240 |
| Round | Date | Amount Raised | Valuation | Investors |
|---|---|---|---|---|
| Series C | 2022 | $100 million | ~$1 billion | Greenoaks, Nexus, Lightspeed |
| Series B | 2021 | $25 million | — | Lightspeed Venture Partners |
| Series A | 2020 | $9.9 million | — | Vertex Ventures, Nexus, Strive VC |
| Seed | 2017 | $1.6 million | — | Surge (Sequoia India) |
Hasura’s revenue has increased from ~$6 million in FY22 to ~$9 million in FY23, with projections of ~$15 million in FY24. The company remains loss-making as it invests aggressively in global market expansion and product innovation to strengthen its GraphQL platform leadership.
Hasura’s margins have been under pressure due to high R&D and go-to-market investments. As the company scales, efficiency improvements and strong enterprise adoption are expected to gradually improve margins.
Hasura’s workforce grew from ~180 employees in FY22 to ~240 in FY23, reflecting its global expansion and commitment to product development. Talent acquisition remains a focus to support growth and community initiatives.
- Accelerate enterprise adoption of GraphQL globally.
- Expand open-source community support and cloud offerings.
- Focus on security and advanced performance features.
- No immediate IPO plans; long-term focus on market leadership.
Hasura recently completed a $100 million Series C round to strengthen global go-to-market efforts. The company continues to expand its GraphQL capabilities and deepen relationships with major enterprise clients.
| Metric | Detail |
|---|---|
| Revenue Growth | Strong upward trend |
| Profitability | Loss-making but strategic |
| Employee Growth | Steady global expansion |
| Market Position | GraphQL leader |
Hasura’s strong revenue growth and deep investment in its GraphQL platform reinforce its leadership in developer productivity and modern app architecture. While profitability remains a future focus, its strategic growth, global presence, and open-source community foundation pave the way for long-term success. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
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