About Depot
Depot is a company based in Beaverton (United States) founded in 2022.. Depot has raised $4.23 million across 2 funding rounds from investors including Felicis Ventures, Y Combinator and Aviso Ventures. Depot offers products and services including Depot Build, Depot Cache, and GitHub Actions Runners. Depot operates in a competitive market with competitors including Okteto, Quay.io, MicroBadger, OKD and Helmbay, among others.
- Headquarter Beaverton, United States
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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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- Legal Name Depot Technologies Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.23 M (USD)
in 2 rounds
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Latest Funding Round
$4.1 M (USD), Seed
Aug 22, 2024
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Investors
Felicis Ventures
& 3 more
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Employee Count
Employee Count
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Products & Services of Depot
Depot offers a comprehensive portfolio of products and services, including Depot Build, Depot Cache, and GitHub Actions Runners. 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.
Accelerates Docker image builds with remote execution.
Enables incremental builds using distributed caching.
Provides faster runners for GitHub workflows.
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Funding Insights of Depot
Depot has successfully raised a total of $4.23M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.1 million completed in August 2024. 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 2
- Last Round Seed — $4.1M
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First Round
First Round
(01 Jun 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Seed - Depot | Valuation | Felicis Ventures | |
| Jun, 2023 | Amount | Seed - Depot | 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 Depot
Depot has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Felicis Ventures, Y Combinator and Aviso Ventures. 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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Investments in technology startups are made by Felicis Ventures.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Aviso Ventures is focused on investing in enterprise software.
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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 Depot
| 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 - Depot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Depot Comparisons
Competitors of Depot
Depot 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 Okteto, Quay.io, MicroBadger, OKD and Helmbay, 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 |
Container image development is facilitated by a specialized software platform.
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| domain | founded_year | HQ Location |
Docker images are hosted and distributed via Quay.io repositories.
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| domain | founded_year | HQ Location |
MicroBadger offers effective management solutions for Docker container images.
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| domain | founded_year | HQ Location |
Provides enhanced Kubernetes deployment for scalable application orchestration and management.
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| domain | founded_year | HQ Location |
Secure platform for pushing, hosting, and sharing Helm charts for developers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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| domain | founded_year | HQ Location |
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 Depot
Frequently Asked Questions about Depot
When was Depot founded?
Depot was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Depot located?
Depot is headquartered in Beaverton, United States. It is registered at Beaverton, Oregon, United States.
Is Depot a funded company?
Depot is a funded company, having raised a total of $4.23M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2023.
What does Depot do?
Depot was founded in 2022 and is headquartered in Beaverton, United States. The company operates in the software sector, focusing on container image development. Its platform enables the creation of real-time ARM containers, with options for users to download generated images or push them directly to registries. Services are delivered through a web-based interface to support development workflows.
Who are the top competitors of Depot?
Depot's top competitors include Okteto, Quay.io and MicroBadger.
What products or services does Depot offer?
Depot offers Depot Build, Depot Cache, and GitHub Actions Runners.
Who are Depot's investors?
Depot has 4 investors. Key investors include Felicis Ventures, Y Combinator, Aviso Ventures, and Tokyo Black.