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Observe

Observe

Private
San Mateo, CaliforniaAI, Data & Cloud Infrastructurehttps://www.observeinc.com/

Last Round

M&A

Feb 2, 2026

Est. Valuation

$596.2M

Total Funding Raised

$601M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Observe is an observability company that provides a SaaS platform designed to help businesses monitor, analyze, and troubleshoot distributed applications by consolidating telemetry data into a single data lake.

Sector

AI, Data & Cloud Infrastructure

Verticals

Data Warehousing, DevOps & Containers, Cloud Infrastructure

Business Model

B2B

Customer Profile

Usage-Based SaaS

AI Layer

Application

Keywords

observability platformdata laketelemetry dataSRE toolsusage-based billingDevOps monitoringlog managemento11ydistributed systems troubleshootingcloud-native observabilityAI copilotincident responseSIEMdata silonatural language query

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Observe Comparables

Compare Observe with similar companies based on industry and business-model similarity.

Observe comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Dash0
87%
Honeycomb
86%
Coralogix
86%

Observe Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
M&AFeb 2, 2026
Series CJul 30, 2025
Series BSep 26, 2024
Series BMar 27, 2024
Series A ExtensionOct 5, 2023
Series A Extension
May 11, 2022

Key People

Founding team and executive leadership

Jacob Leverich

Co-Founder, Chief Product Officer

Founding Team

Philipp Unterbrunner

Chief Technology Officer, Managing Director (Geschäftsführer) Observe Switzerland, Co-Founder

Founding Team

Observe Investors

Notable investors and investment history

Observe investors
InvestorRounds
Human CapitalSeries A
Snowflake VenturesSeries B, Series C
Madrona Venture GroupSeries B, Series C, Series A Extension
Capital One VenturesSeries B, Series C, Series A Extension
Evolution Equity PartnersSeries B
Alumni VenturesSeries C
Sutter Hill VenturesSeries B, Series A, Series C, Series A Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 26, 2026

    Added Flybreeze, an Aviation company, as a customer.

  • Feb 2, 2026

    $596M raised in M&A round.

Observe Filings

Explore SEC and related filing metadata, where available.

Observe filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Observe's valuation, stock price, and market status.

Is Observe a public or private company?

Observe is a private company.

What is the current stock price of Observe?

Observe is a private company with no public stock price. Caplight tracks Observe's secondary market activity and provides MarketPrice™ estimates to Caplight users.

How much is Observe worth (valuation)?

Observe's valuation is estimated at $596.2M based on funding round data.

Can I buy Observe stock?

Observe shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Observe's last funding round?

Observe's most recent funding round was M&A on February 2, 2026.

Who are the main investors in Observe?

Key investors in Observe include Madrona Venture Group, Capital One Ventures, Evolution Equity Partners, Sutter Hill Ventures.

Will Observe IPO soon?

No public IPO plans have been announced for Observe.

How can I track Observe secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Observe's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSan Mateo, California
Employee Range86
Year Founded2017
Last FundingFeb 2, 2026

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