Company · Enterprise Software

Copado

www.copado.com ↗ ·Chicago ·Series C

Copado is an AI-enabled DevOps platform for Salesforce and other enterprise SaaS clouds. Enterprise development teams use it to automate release management, continuous integration and delivery, and testing, and it is sold as a subscription. The company says more than 1,500 brands use the platform. It was founded in Madrid in 2013 by former Salesforce release engineers Federico Larsen and Philipp Rackwitz, bootstrapped to about $4 million in revenue, and is now headquartered in Chicago. It has raised about $257 million in total, including a Series B in March 2021 from Insight Partners and Salesforce Ventures and a $140 million Series C in September 2021. The Series C was led by Insight Partners, included SoftBank Vision Fund 2, IBM Ventures, Lead Edge Capital and ISAI, and valued the company at close to $1.2 billion.

Founded
2013
Founders
2
News
10
Rounds
2
Investors
9
SectorsDevOps, Developer Tools, SaaS, Salesforce Ecosystem, Test Automation Start-up MapEnterprise Software

Profile updated 24 Sep 2026

Founders

Federico Larsen
Co-founder & CTO
Philipp Rackwitz
Co-founder & Chief Strategy Officer

Global models

No comparables on record yet.

Investors 9

Declaration Partners
Investor United States
DG Ventures
Investor Japan
IBM Ventures
Investor United States
Insight Partners
Investor United States
Investor France
Lead Edge Capital
Investor United States
Perpetual Investors
Investor Germany
Salesforce Ventures
Investor United States
SoftBank Vision Fund 2
Investor Japan

Funding rounds 2

Series C · $140M
Copado, a DevOps platform for Salesforce and other enterprise SaaS clouds, raised a $140M (about €120M) Series C at a valuation of nearly $1…
2021-09-13
Series B · $96M
Copado, founded in Madrid in 2013, makes a DevOps platform for Salesforce. Insight Partners and Salesforce Ventures co-led the round, so no …
2021-02-17

News & media 10

Start typing to search across everything.
↑↓ navigate↵ openesc close