About Code Ocean
Code Ocean is a company based in New York (United States) founded in 2014.. Code Ocean has raised $48.57 million across 6 funding rounds from investors including EBSCO Information Services, Battery Ventures and M12. Code Ocean offers products and services including Compute Capsules, Pipelines, Data Management, and ML Models. Code Ocean operates in a competitive market with competitors including Algorithmiq, Tamarind Bio, DeepSeeq, ZMT Zurich MedTech and MNDL Bio, among others.
- Headquarter New York, United States
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$48.57 M (USD)
in 6 rounds
-
Latest Funding Round
$16.53 M (USD), Series B
May 25, 2022
-
Investors
EBSCO Information Services
& 3 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Code Ocean
Code Ocean offers a comprehensive portfolio of products and services, including Compute Capsules, Pipelines, Data Management, and ML Models. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Encapsulates code, data, and results for reproducible analyses.
Automates and scales computational workflows for bioinformatics.
Manages organizational data with access controls and metadata.
Supports development and tracking of ML models with reproducibility.
Unlock access to complete
Funding Insights of Code Ocean
Code Ocean has successfully raised a total of $48.57M across 6 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 Total Funding
- Total Rounds 6
- Last Round Series B — $16.5M
-
First Round
First Round
(15 Nov 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series B - Code Ocean | Valuation | Battery Ventures , M12 |
|
| May, 2021 | Amount | Series A - Code Ocean | Valuation | Battery Ventures | |
| Jun, 2020 | Amount | Series A - Code Ocean | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments in technology companies are conducted globally by Battery Ventures.
|
Founded Year | Domain | Location | |
|
Venture capital investments in technology startups are facilitated by M12.
|
Founded Year | Domain | Location | |
|
Digitalis Ventures is engaged in health-focused investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Code Ocean
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Code Ocean
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Code Ocean Comparisons
Competitors of Code Ocean
Code Ocean operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Algorithmiq, Tamarind Bio, DeepSeeq, ZMT Zurich MedTech and MNDL Bio, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Quantum computing algorithms are provided for life science applications.
|
|
| domain | founded_year | HQ Location |
Provider of a no-code bioinformatics platform for life scientists
|
|
| domain | founded_year | HQ Location |
Bioinformatics and data mining tools are supplied to biologists.
|
|
| domain | founded_year | HQ Location |
Develops software for simulating medical implants and physiological responses.
|
|
| domain | founded_year | HQ Location |
Develops AI-based tools for gene expression optimization in synthetic biology research.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Code Ocean
Frequently Asked Questions about Code Ocean
When was Code Ocean founded?
Code Ocean was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Code Ocean located?
Code Ocean is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Code Ocean a funded company?
Code Ocean is a funded company, having raised a total of $48.57M across 6 funding rounds to date. The company's 1st funding round was a Series A of $3.21M, raised on Nov 15, 2016.
What does Code Ocean do?
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.
Who are the top competitors of Code Ocean?
Code Ocean's top competitors include Algorithmiq, Tamarind Bio and DeepSeeq.
What products or services does Code Ocean offer?
Code Ocean offers Compute Capsules, Pipelines, Data Management, and ML Models.
Who are Code Ocean's investors?
Code Ocean has 4 investors. Key investors include EBSCO Information Services, Battery Ventures, M12, and Digitalis Ventures.