About DeepCode
DeepCode is a company based in Zurich (Switzerland) founded in 2016 was acquired by Snyk in September 2020.. DeepCode has raised $5.1 million across 4 funding rounds from investors including Snyk, European Union and EIC Fund. DeepCode operates in a competitive market with competitors including Semgrep, Code Climate, Coverity, CodeSee and Rogue Wave, among others.
- Headquarter Zurich, Switzerland
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Software Development Team
167 people
Sales and Marketing
40 people
Leadership Team
25 people
Finance and Accounting
15 people
Senior Team
14 people
Human Resources and Administration
12 people
Legal and Compliance
7 people
Board Team
5 people
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Funding Insights of DeepCode
DeepCode has successfully raised a total of $5.1M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $54.68 thousand completed in September 2019. 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 4
- Last Round Grant — $54,684
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First Round
First Round
(15 May 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2019 | Amount | Grant - DeepCode | Valuation |
investors |
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| Aug, 2019 | Amount | Seed - DeepCode | Valuation | Earlybird | |
| Jun, 2019 | Amount | Grant - DeepCode | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DeepCode
DeepCode has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Snyk, European Union and EIC Fund. 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 |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Venture capital investments are managed for innovative startups.
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Founded Year | Domain | Location | |
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Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DeepCode
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DeepCode
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deepcode Comparisons
Competitors of DeepCode
DeepCode 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 Semgrep, Code Climate, Coverity, CodeSee and Rogue Wave, 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 |
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| domain | founded_year | HQ Location |
Code analysis and review are provided through an AI-powered platform.
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| domain | founded_year | HQ Location |
Automated code review is delivered to reduce technical debt.
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| domain | founded_year | HQ Location |
Intelligent code and test analysis tools are provided for developers.
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| domain | founded_year | HQ Location |
Code reviews are enabled by AI-powered dependency visualization.
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| domain | founded_year | HQ Location |
Cross-platform software tools are provided for mission-critical development.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Deepcode
Frequently Asked Questions about DeepCode
When was DeepCode founded?
DeepCode was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is DeepCode located?
DeepCode is headquartered in Zurich, Switzerland.
Who is the current CEO of DeepCode?
Boris Paskalev is the current CEO of DeepCode.
Is DeepCode a funded company?
DeepCode is a funded company, having raised a total of $5.1M across 4 funding rounds to date. The company's 1st funding round was a Grant of $55.99K, raised on May 15, 2018.
What does DeepCode do?
DeepCode was founded in 2016 as a spin-off from ETH Zurich, based in Zurich, Switzerland. Operations focus on the software development sector, where data-driven machine learning analyzes open-source and company-specific codebases. Automated suggestions are generated for constructing, modifying, or enhancing programs across multiple languages, without requiring user annotations. This approach supports developers in creating more adaptable and reliable software solutions.
Who are the top competitors of DeepCode?
DeepCode's top competitors include Code Climate, Semgrep and Qodo.
Who are DeepCode's investors?
DeepCode has 9 investors. Key investors include Snyk, European Union, EIC Fund, capital300, and Earlybird.
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