About Heroku
Heroku is a company based in San Francisco (United States) founded in 2007 was acquired by Parseq in May 2014.. Heroku has raised $17 million across 4 funding rounds from investors including Salesforce, Parseq and Womens VC Fund II. Heroku operates in a competitive market with competitors including Odoo, Progress, Kony, OutSystems and DigitalOcean, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17 M (USD)
in 4 rounds
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Latest Funding Round
$4 M (USD), Series A
Mar 13, 2013
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Investors
Salesforce
& 8 more
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Employee Count
Employee Count
- Acquired by
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Leadership Team
748 people
Sales and Marketing
575 people
Software Development Team
538 people
Product Management Team
143 people
Senior Team
89 people
Finance and Accounting
79 people
Data Analysis and Operations Team
42 people
Human Resources and Administration
41 people
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Funding Insights of Heroku
Heroku has successfully raised a total of $17M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in March 2013. 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 Series A — $4.0M
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First Round
First Round
(08 May 2008)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2013 | Amount | Series A - Heroku | Valuation |
investors |
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| May, 2010 | Amount | Series A - Heroku | Valuation | Harrison Metal , Baseline Ventures | |
| Jun, 2008 | Amount | Series A - Heroku | Valuation | Y Combinator |
| 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 Heroku
Heroku has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Salesforce, Parseq and Womens VC Fund II. 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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US tech investments are made by Womens VC Fund II.
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Founded Year | Domain | Location | |
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Redpoint Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in early-stage startups in the US
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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 Heroku
| 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 - Heroku
| 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 |
Heroku Comparisons
Competitors of Heroku
Heroku 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 Odoo, Progress, Kony, OutSystems and DigitalOcean, 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 |
Open-source business management software is developed with integrated modules.
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IDE-based software is provided for application development and management.
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Cloud-based platform for field operations and digital banking is provided.
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Low-code platform enables application development and deployment without coding.
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Cloud based integrated application development platform
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Cloud-based environments are delivered for application development and testing.
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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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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 Heroku
Frequently Asked Questions about Heroku
When was Heroku founded?
Heroku was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Heroku located?
Heroku is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Heroku a funded company?
Heroku is a funded company, having raised a total of $17M across 4 funding rounds to date.
What does Heroku do?
Heroku was founded in 2007 in San Francisco, United States, within the software-as-a-service sector. An integrated platform as a service is provided to developers for deploying, scaling, and managing applications. A runtime environment is supplied for real-time execution of apps. Metrics tools are included to deliver insights on application performance. Various programming languages, such as PHP, Java, and Ruby, are supported across operations.
Who are the top competitors of Heroku?
Heroku's top competitors include DigitalOcean, Odoo and OutSystems.
Who are Heroku's investors?
Heroku has 9 investors. Key investors include Salesforce, Parseq, Womens VC Fund II, Redpoint Ventures, and Harrison Metal.
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