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
Total funds raised
€225M
Rounds
3
Investors
9
Last round
Sep 2021
SectorsDevOps, Developer Tools, SaaS, Salesforce Ecosystem, Test Automation Start-up MapEnterprise Software › Productivity & creation tools

Suggest a correction

Founders

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

Global models 5

Harness
United States · www.harness.io ↗
AI-enabled software delivery platform (CI/CD, release automation, testing) sold to enterprise development teams on subscription.
$570M+Comparable
GitLab
United States · about.gitlab.com ↗
End-to-end DevOps platform for enterprise development teams covering CI/CD and release management, sold on per-seat subscriptions.
$426M (pre-IPO)Comparable
CircleCI
United States · circleci.com ↗
Continuous integration and delivery platform that automates builds, tests and releases for development teams, sold on subscription and usage plans.
$315MComparable
Gearset
United Kingdom · gearset.com ↗
DevOps platform built for Salesforce (deployments, CI/CD, testing, backup), sold on subscription to Salesforce development teams; Copado's closest direct rival.
$55MComparable
Flosum
United States · www.flosum.com ↗
Salesforce-native DevOps and release-management platform for enterprise Salesforce teams, sold as a subscription.
$30M+Comparable

In the same niche 23 others

See all in the Start-ups Map →

Notes: Most funded first

Investors 9

Open as list →
Insight Partners
www.insightpartners.com
Led 3 rounds · 2018–21 United States
SoftBank Vision Fund 2
visionfund.com
Series C 2021 United Kingdom
Salesforce Ventures
3 rounds, led 1 · 2018–21 United States
ISAI Cap Venture
2 rounds · 2021 France
Lead Edge Capital
2 rounds · 2021 United States
Perpetual Investors
2 rounds · 2021 Germany
Declaration Partners
Series C 2021 United States
DG Ventures
Series C 2021 Japan
IBM Ventures
Series C 2021 United States

Funding rounds 3

DateRoundAmountLead
Start typing to search across everything.
↑↓ navigate↵ openesc close? shortcuts
Keyboard shortcuts
/ Ctrl K
Search
j k
Next or previous row
↵
Open the row
Ctrl ↵
Open it in a new tab
[ ]
Previous or next page
?
This list