Warp revenue, valuation & funding

At a glance

• Valuation: not disclosed. Its last confirmed round was a $50M Series B in June 2023.
• Revenue: not disclosed. Warp publishes no results.
• Status: private. No stock ticker, and no IPO plan has been announced.
• Founded: June 2020, by Zach Lloyd, a former principal engineer at Google.
• CEO: Zach Lloyd.
• Investors: Sequoia Capital, GV, Sam Altman, Marc Benioff and Dylan Field, among others.
• Products: the Warp agentic development environment, the Oz platform for cloud coding agents and Warp Factories.
• Headquarters: New York.
• Users: nearly one million developers, the company said in April 2026.
• On Real Alpha: 16 moments of its people talking, from 3 interviews.

Is Warp public? Can you buy its stock?

No. Warp is a private company, so its shares don't trade on any stock exchange and it has no ticker symbol.

Warp has not announced a plan to go public. No IPO filing has been reported.

Its shares are held privately by its founder, staff and investors. Its April 2026 announcement names Sequoia Capital, GV, Sam Altman, Marc Benioff and Dylan Field as backers. This page reports facts and gives no investment advice.

Valuation, round by round

Warp has never disclosed a valuation, and its rounds grew from $23 million in April 2022 to $50M in June 2023.

No round has been reported since the June 2023 Series B. Sources differ on the Series A's amount and lead, and data sites list valuations that no primary report confirms.

How Warp makes money

Warp sells subscriptions, and its paid plans include a monthly amount of agent usage. Sacra describes it as freemium, with core terminal features free and AI and team features on paid plans.

• Free and Build. Free costs $0 a month. Build costs $20 a month, or $18 billed yearly, and includes $20 of agent usage each month at API rates. Warp pricing page
• Max. $200 a month, or $180 billed yearly, with $200 of agent usage each month, 10 times Build. Warp pricing page
• Business and Enterprise. Business costs $50 per user a month, or $45 billed yearly, for teams of up to 25 seats. Enterprise pricing is custom. Warp pricing page
• Warp Factories. A pay-as-you-go tier at $0 a month charges usage at 20% above API rates. Its Build tier is $20 a month and Business is $50 per user a month. Warp pricing page

Products

Warp began as a terminal for developers and now builds tools for running coding agents. It was released for Windows in February 2025, according to Wikipedia.

OpenAI is the flagship sponsor of its open-source repository, Warp said in April 2026. GPT models power the agentic workflows that ship changes to the code.

• Warp terminal (public beta April 5, 2022). A terminal built for developers. TechCrunch
• Warp AI (April 2023). A chatbot in the terminal built on an OpenAI large language model. Wikipedia
• Warp Drive (June 21, 2023). Team collaboration for the terminal. Warp blog
• Warp 2.0 (June 2025). An agentic development environment combining Code, Agents, Terminal and Drive. AlternativeTo
• Oz (February 10, 2026). A cloud platform for running, managing and orchestrating coding agents at scale. Warp newsroom
• Open-source release (April 28, 2026). Warp open-sourced its core agentic development environment, powered by Oz. Warp newsroom
• Licences. Wikipedia says the terminal and Oz were released under the MIT and AGPL licences. Wikipedia
• Warp Factories (August 18, 2026). Infrastructure for companies building internal cloud software factories, in closed beta. Qualified orgs get $10k of factory usage. Warp blog

Users and usage

Warp said in April 2026 that nearly one million developers used it. They work at companies including Docker, Ramp and Peloton and over half of the Fortune 500.

In February 2026 the company gave a figure of over 700,000 developers. Its homepage says it is trusted by 800k+ devs.

Sacra estimates Warp has passed 1 million active developers, up from over 500,000.

Leadership

GetLatka lists Warp with 78 employees as of October 2025, citing LinkedIn.

• Zach Lloyd, founder and CEO. He was a principal engineer at Google before founding Warp in June 2020. Wikipedia
• Andrew Reed, of Sequoia Capital, joined the board with the June 2023 Series B. Warp blog

Who owns Warp?

Its founder, staff and investors. As a private company Warp doesn't publish who holds what, and no stake has been disclosed.

Sacra estimates Warp has raised $73M in total across its seed, Series A and Series B rounds.

• Sequoia Capital led the $50M Series B in June 2023. Warp's blog
• GV and Dylan Field led the $23 million Series A in April 2022, according to Sacra. TechCrunch
• Sam Altman and Marc Benioff are named as backers in Warp's April 2026 announcement. Warp newsroom
• Neo, BoxGroup and Jeff Weiner were named as existing investors in June 2023. Warp's blog

Competitors

The research firm Sacra names these companies as Warp's competitors.

• Microsoft, with GitHub Copilot CLI and Windows Terminal integration. Sacra
• Cursor, which Sacra calls a direct competitive threat. Sacra
• OpenAI, with Codex CLI. OpenAI also sponsors Warp's open-source repository. Sacra
• Google, with Gemini CLI. Sacra

Timeline and latest news

From its founding to the latest reports, newest first.

1. Aug 18, 2026Latest
   Launched Warp Factories in closed beta, with $10k of usage for qualified orgs. Warp blog
2. Apr 28, 2026Latest
   Open-sourced its core agentic development environment, powered by Oz. Warp newsroom
3. Apr 28, 2026Latest
   OpenAI became the flagship sponsor of Warp's open-source repository. Warp newsroom
4. Apr 28, 2026
   Said nearly one million developers used Warp. Warp newsroom
5. Feb 10, 2026
   Launched Oz, a cloud platform for orchestrating coding agents. Warp newsroom
6. Jun 2025
   Released Warp 2.0, its agentic development environment. AlternativeTo
7. Feb 2025
   Released Warp for Windows. Wikipedia
8. Jun 21, 2023
   Raised a $50M Series B led by Sequoia Capital. Warp's blog
9. Jun 21, 2023
   Launched Warp Drive, team collaboration for the terminal. Warp blog
10. Apr 2023
    Announced Warp AI, a chatbot in the terminal built on an OpenAI model. Wikipedia
11. Apr 5, 2022
    Announced $23 million in funding and opened its public beta. TechCrunch
12. Jun 2020
    Founded by Zach Lloyd. Wikipedia

What others say about Warp

Moments where people outside the company talk about it.

Questions people ask

Is Warp a public company? Can I buy Warp stock?

No. Warp is private and has no ticker, so its shares aren't sold on any exchange.

When will Warp IPO?

Warp hasn't announced a plan to go public, and no IPO filing has been reported.

Who owns Warp?

Its founder, staff and investors, including Sequoia Capital, GV, Sam Altman, Marc Benioff and Dylan Field. Stakes haven't been disclosed.

Who is the CEO of Warp?

Zach Lloyd, a former principal engineer at Google who founded Warp in June 2020.

How much is Warp worth?

Warp has not disclosed a valuation. Its last confirmed round was a $50M Series B led by Sequoia Capital in June 2023.

How much revenue does Warp make?

Warp doesn't publish revenue, and no figure has been reported.

How does Warp make money?

Through subscriptions. Its plans run from free to $200 a month, with Business at $50 per user a month and custom Enterprise pricing. 30:56

How many people use Warp?

Nearly one million developers, Warp said in April 2026.

Where is Warp headquartered?

New York.

Who are Warp's competitors?

Sacra names Microsoft, Cursor, OpenAI's Codex CLI and Google's Gemini CLI.

Every moment from Warp's people

16 moments from 3 interviews on 3 shows, newest first. Each one plays from the minute it starts.

People on Real Alpha

• Zach Lloyd, Founder & CEO, Warp · 7 moments
• Kevin Weil, Co-founder & CEO, Warp Sciences · 9 moments

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