Code Ocean

New York, United States Founded: 2014 • Age: 12 yrs
Provider of cloud based platform for the development of algorithms

About Code Ocean

Code Ocean is a Healthcare company based in New York (United States) founded in 2014. Code Ocean has raised $48.57 million across 7 funding rounds from investors including EBSCO Information Services, Battery Ventures and M12. Its website codeocean.com draws about 86 thousand monthly visits. Code Ocean offers products and services including Compute Capsules, Pipelines, Data Management, and ML Models. Its focus areas include HealthTech, Life Sciences Tech, Research & Development and Drug Informatics. Its competitors include Tamarind Bio, Huggins Lab and BioDepot; 1 of its 3 listed competitors has raised funding.

Company details

Provider of cloud based platform for the development of algorithms. It helps users make a copy of the researchers software code and data, configure parameters, edit code, and run it in the cloud. The platform also provides features for users to upload code and interact with researchers to build on the research findings.

  • Headquarters New York, United States
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website codeocean.com
  • Social LinkedIn X
Key Metrics
  • Total Equity Funding
    $48.57M (USD)

    in 7 rounds

  • Latest Funding Round
    $16.53M (USD), Series B

    May 2022

  • Investors

Products & Services of Code Ocean

Code Ocean offers a comprehensive portfolio of products and services, including Compute Capsules, Pipelines, Data Management, and ML Models.

Compute Capsules
Computational Environment

Encapsulates code, data, and results for reproducible analyses.

Pipelines
Workflow Automation

Automates and scales computational workflows for bioinformatics.

Data Management
Data Handling

Manages organizational data with access controls and metadata.

ML Models
Machine Learning Tools

Supports development and tracking of ML models with reproducibility.

Funding Insights of Code Ocean

Code Ocean has successfully raised a total of $48.57M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $16.53 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $48.57M
  • Total Rounds 7
  • Last Round Series B β€” $16.53M
  • First Round $2.53M

    (Nov 2016)

  • Investors Count 4

All 7 funding rounds of Code Ocean with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2022$16.53MSeries B–Battery Ventures, M12
–
May 2021$15MSeries A–Battery Ventures
Jan 2021Series A––
–
Jun 2020$3.21MSeries A––
–
Jun 2019$8.8MSeries A––
–
Jul 2017$2.5MSeed––
–
Nov 2016$2.53MSeed––
–
Valuation history

4 investors in total: 4 institutional.

Investors in Code Ocean

Code Ocean has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include EBSCO Information Services, Battery Ventures and M12.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investments in technology companies are conducted globally by Battery Ventures.
battery.com
Venture capital investments in technology startups are facilitated by M12.
m12.vcSan Francisco, United States
Digitalis Ventures is engaged in health-focused investments.
digitalisventures.comNew York, United States
End-to-end content and resource services are provided to institutions worldwide.
1944ebsco.comBoston, United States
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Investor details for Code Ocean

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People of Code Ocean

7 people are tracked at Code Ocean (4 in leadership, 3 in team).

NameRoleGroup
Simon Adar
CEOLeadership
Ram Dayan
Co-Founder & CTOLeadership
Dan Gray
Head of SalesLeadership
Dr. Christoph Geiger
Sales Director Life Sciences EMEA & APACLeadership
Ori Drori
Frontend Team LeaderTeam
Ben Even-Tsur
DevOps EngineerTeam
Jerson Enrique Mejía Martínez
Desarrollador de softwareTeam
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Timeline of Code Ocean

3 dated milestones of Code Ocean across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Code Ocean is founded.
  2. Funding First funding round of $2.5M.
  3. Funding Latest funding round, Series B, of $16.5M.

Competitors of Code Ocean

Code Ocean has 3 listed competitors in our database, 1 of them funded. They include Tamarind Bio, Huggins Lab and BioDepot.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
tamarind.bio2023San Francisco, United States$13.56M
Provider of a no-code bioinformatics platform for life scientists
huggins-lab.com2021New York, United States
Develops computational methods for drug discovery and molecular design.
biodepot.io2019Seattle, United States
Tool for creating bioinformatics workflows with drag-and-drop interfaces.
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Detailed competitors of Code Ocean

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Web traffic of Code Ocean

The website of Code Ocean (codeocean.com) receives about 85.8K visits a month.

  • Monthly visits
    85.8K

    ▲ 20.5% vs previous month

Similar websites

Websites whose visitors overlap most with Code Ocean. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
rk86.com
rk86.com
100%
–
cryptoheaven.com
68%
View details
github.com
67%
542.6M#65View details
google.com
65%
85.8B#1View details
linkedin.com
62%
1.9B#18View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 16 similar websites and full traffic analytics for Code Ocean

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  • Audience overlap
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  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Life Sciences Platforms & Tools

3 companies that operate in the same segment as Code Ocean (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
1999New York, New York, United StatesUSD 41.5 M
AI-based solutions for health management are provided.
2015Dallas, Texas, United StatesUSD 2.8 B1,111
Real-world health data is provided for research and decisions.
2012Menlo Park, California, United StatesUSD 259.16 M
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Related news about Code Ocean

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Frequently Asked Questions about Code Ocean

Code Ocean was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Code Ocean is headquartered in New York, United States. It is registered at New York, New York, United States.

Code Ocean is a funded company, having raised a total of $48.57M across 7 funding rounds to date. The company's 1st funding round was a Seed of $2.53M, raised on Nov 2016.

Provider of cloud based platform for the development of algorithms. It helps users make a copy of the researchers software code and data, configure parameters, edit code, and run it in the cloud. The platform also provides features for users to upload code and interact with researchers to build on the research findings.

Code Ocean's top competitors include Tamarind Bio, Huggins Lab and BioDepot.

Code Ocean offers Compute Capsules, Pipelines, Data Management, and ML Models.

Code Ocean has 4 investors. Key investors include EBSCO Information Services, Battery Ventures, M12, and Digitalis Ventures.

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