Surfshark B.V in a few pages, for writers, partners and anyone curious: the facts, the people, the money, the products and the news. Put together by ToolGPA, not by Surfshark B.V.
Surfshark VPN is offered by Surfshark B.V., a Netherlands-registered company that was founded in Lithuania in 2018. It earns money from VPN and security subscriptions sold on monthly and multi-year terms, and since February 2022 it has been part of a group formed with Nord Security.
Founded
2018
Based in
Registered in the Netherlands
Chief executive
Dovydas Godelis
Valuation
$3B
Team
500+ people
Latest round
Growth investment, $100M
Unofficial. Put together by ToolGPA from Surfshark B.V’s own pages, news reports and our own grades, read Oct 18, 2026. Not made, paid for or approved by Surfshark B.V. toolgpa.com
Part 01 · Company
The company
Who they are, the facts in one place, and the people who run it
2018
The year Surfshark B.V was founded, in Registered in the Netherlands
In a sentence
Surfshark VPN is offered by Surfshark B.V., a Netherlands-registered company that was founded in Lithuania in 2018. It earns money from VPN and security subscriptions sold on monthly and multi-year terms, and since February 2022 it has been part of a group formed with Nord Security.
In a paragraph
Surfshark B.V was founded in 2018 and is based in Registered in the Netherlands, with a distributed team working from Lithuania, Poland, the Netherlands and more. Dovydas Godelis is its CEO. More than 500 employees, as its About page states; its 2023 blog post put the joint Nord Security and Surfshark team at over 2,000 people. Its last reported valuation was $3B, in September 2023.
Free to quote. Please link to toolgpa.com so readers can check the facts.
Fact sheet
Company
Surfshark B.V
Founded
2018
Based in
Registered in the Netherlands, with a distributed team working from Lithuania, Poland, the Netherlands and more
Team
More than 500 employees, as its About page states; its 2023 blog post put the joint Nord Security and Surfshark team at over 2,000 people
Last valuation
$3B (Sep 28, 2023)
Website
surfshark.com
Products we list
Surfshark
Ownership: Part of a larger company
Part of the group formed with Nord Security in February 2022. Its own announcement says the two came together to form a group while continuing to operate as autonomous companies with separate infrastructure and product plans.
27 jobs in three locations, Vilnius, Kaunas and Warsaw, across marketing, tech, business intelligence, design and product, for Surfshark, Incogni and HeyPolo; 11 of them in marketing.
Affiliate program
Affiliate program paying a 40% revenue share on new sales, with one payout rate for all countries, a 30-day cookie and a real-time tracking dashboard.
Part 02 · Funding
The money
Every announced round, who put money in, and what it was last valued at
$3B
Last reported valuation, Sep 28, 2023
Raised as the joint Surfshark and Nord Security group. Its own blog announced $100M from Novator Ventures, Burda Principal Investments and General Catalyst in April 2022 at a $1.6 billion valuation, then $100M from Warburg Pincus in September 2023 at $3 billion.
Announced rounds, oldest first. Bar heights are to scale.
Every announced round
Sep 28, 2023Growth investment$100MLed by Warburg Pincus. surfshark.com
Apr 7, 2022Growth investment$100MLed by Novator Ventures. With Burda Principal Investments, General Catalyst, Ilkka Paananen, Miki Kuusi, Matt Mullenweg. surfshark.com
Investors named
Novator Ventures
Warburg Pincus
Burda Principal Investments
General Catalyst
Ilkka Paananen
Matt Mullenweg
Miki Kuusi
Filled: led at least one round. As each announcement names them.
Last valuation
$3B
Sep 28, 2023
Surfshark announced the figure itself on its blog on 28 September 2023, as the joint valuation of Surfshark and Nord Security after the Warburg Pincus investment.
What they make
Surfshark, as ToolGPA grades it: five subjects, a letter for each, and a GPA.
Surfshark
VPN with no device limit, sold alone or in security bundles
#3 of 17 VPNsFrom $79 per year at renewal4.7 on the App Store
2.8GPA
Our pick for households with more than 10 devices. Surfshark puts no limit on devices, so one subscription covers the whole family's phones, laptops and TVs.
BValue
DFree
BFeatures
AEase
BPlatforms
Surfshark’s grade as a badge for its own site, free: it updates itself and links to the review. Code at toolgpa.com/badges.
Part 04 · News
News and contacts
What they have announced lately, and every official channel
This media kit is ToolGPA’s own summary of what Surfshark B.V’s pages, news reports, investors’ announcements and public filings said on the dates shown, with our own grades. It is not made, paid for or approved by Surfshark B.V, and Surfshark B.V’s names and logos are trademarks of their owner. Grades are our judgement under the rules at toolgpa.com/grades. ToolGPA uses affiliate links and may earn a commission from them, and it works with sponsors; no one can pay for a grade. Product pictures are Surfshark B.V’s own, from its website and app-store listings.