How Much Did Copado Raise? Headquarters, Funding & Key Investors

Copado has raised $329 million to date, achieving a $1.9 billion valuation (as of September 2021). The company’s latest Series C round of $140 million, led by Insight Partners and supported by SoftBank Group, accelerated its mission to revolutionize DevOps for Salesforce and other cloud ecosystems. Backed by major investors such as Salesforce Ventures, Copado leverages AI and automation to streamline software releases and testing. With its rapid growth trajectory, the company continues to expand globally, delivering smarter, faster, and more secure enterprise DevOps solutions.

How Much Did Copado Raise? Funding & Key Investors

Copado is a cloud-based DevOps platform helping enterprises accelerate digital transformation through AI-driven automation and testing. It provides release management, agile planning, and compliance tools with integrations for GitHub, GitLab, Jira, and Salesforce. The platform enhances visibility, reduces release risks, and improves developer efficiency. With a subscription-based model and global customer base, Copado has emerged as a trusted name in DevOps for enterprise SaaS ecosystems.

What Is Copado and What Does It Do?

Copado, founded in 2013 by Federico Larsen and Philipp Rackwitz, is headquartered in Chicago, Illinois, and employs 59 people (as of October 2024). The company provides a comprehensive AI-powered DevOps platform designed to automate release management, testing, and compliance for Salesforce and other enterprise applications.

Its suite of solutions enables organizations to streamline deployment, monitor performance metrics, and maintain continuous delivery pipelines with minimal risk. Copado’s integrations with major platforms, including GitHub, GitLab, and Jira, make it a powerful solution for agile enterprises.

How Much Funding Has Copado Raised?

*1. Series A* • Amount Raised: €7.5M
• Date: September 2018
• Lead Investors: Insight Partners
• Motivation: To accelerate product development and expand market reach.

*2. Series B* • Amount Raised: $26M
• Date: June 2020
• Lead Investors: Insight Partners
• Motivation: To enhance platform capabilities and support customer growth.

*3. Series B (Extended)* • Amount Raised: $96M
• Date: February 2021
• Lead Investors: Insight Partners, Salesforce Ventures
• Motivation: To scale operations and drive international expansion.

*4. Series C* • Amount Raised: $140M
• Date: September 2021
• Lead Investors: Insight Partners
• Motivation: To expand DevOps and AI-enabled testing solutions and fuel international growth.

Total Funding Raised: $329 Million

Current Valuation: $1.9 Billion (as of September 2021)

Latest Funding Date: September 2021

Key Investors

*1. Insight Partners* • Details: A global private equity and venture capital firm investing in high-growth software and technology companies. Founded in 1995, it has backed over 400 firms worldwide.
• Investment Focus Areas: High-growth technology, software, cloud solutions.
• Notable Investments: Twitter, Shopify, DocuSign.

*2. Salesforce Ventures* • Details: The venture capital arm of Salesforce, investing in enterprise cloud companies that drive digital transformation.
• Investment Focus Areas: Enterprise cloud, SaaS, and automation technologies.
• Notable Investments: Zoom, Twilio, Snowflake.

*3. SoftBank Vision Fund 2* • Details: Managed by SoftBank Group, this fund focuses on transformative, tech-driven companies shaping the future of AI, robotics, and connectivity.
• Investment Focus Areas: AI, robotics, IoT, cloud technology.
• Notable Investments: Uber, WeWork, ByteDance.

*4. Declaration Partners* • Details: Backed by David M. Rubenstein’s family office, the firm focuses on long-term investments across multiple sectors.
• Investment Focus Areas: Technology, real estate, consumer products.
• Notable Investments: Varo Money, The Wing, The RealReal.

*5. DG Ventures* • Details: The venture arm of Digital Garage, investing in early to growth-stage technology firms globally.
• Investment Focus Areas: Early-stage technology, internet services, marketing tech.
• Notable Investments: Multiple early-stage tech startups.

Where Is Copado’s Headquarters?

Copado is headquartered in Chicago, Illinois, a strategic hub for enterprise software and cloud technology innovation. The city’s vibrant tech ecosystem, skilled workforce, and proximity to major U.S. business centers position Copado advantageously for growth and collaboration with enterprise clients and partners worldwide.

What’s Next for Copado?

Copado is focused on scaling its AI-driven DevOps automation and testing suite to meet the rising demand for digital agility in enterprise ecosystems. With strong backing from Insight Partners and SoftBank, the company plans to expand its global footprint and deepen integration with Salesforce and other leading platforms. As DevOps continues to evolve toward intelligent automation, Copado aims to lead this transformation by enabling enterprises to deploy faster, with higher quality, and reduced operational risk.

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