Code Ocean

InternetSeries BNew York, UScodeocean.com

Latest round

Series B

Last raised

May 2022

Total raised

$32M

Investors

5

About Code Ocean

Founded in 2016, Code Ocean, Inc. enables researchers to automate and manage computational tasks through its innovative platform.Code Ocean provides a comprehensive computational science platform designed primarily for the fields of biology, bioinformatics, and machine learning (ML). Their core offerings include Compute Capsules, which encapsulate code, data, environments, and generated results into a single object, enabling reproducible research. The platform supports users in automating, scaling, and managing computational tasks, including data analysis and bioinformatics pipelines, all in a cloud-based environment. With a focus on data management, users can manage data from the cloud and other sources while adhering to FAIR principles. The platform is tailored for various customer segments, including biotech and pharmaceutical companies, research institutes, and academic organizations, serving clients across North America, Europe, and Asia.Code Ocean's revenue model is primarily based on a subscription structure, where clients pay for access to the platform's various capabilities, including the use of Compute Capsules, bioinformatics pipelines, and machine learning functionalities. Subscribers range from individual researchers and small teams to larger organizations in the biotech and pharmaceutical sectors. The pricing plans are designed to accommodate different user needs, with tiered options that scale based on the number of users, computational resources required, and specific features accessed. Transactions are structured as B2B engagements, where organizations enter into agreements for annual subscriptions, ensuring continuous access to the platform's features and updates.In May 2022, Code Ocean, Inc.

Who invested in Code Ocean

5 investors across 3 rounds

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Funding rounds

  1. Series B

    May 18, 2022

    Amount

    $17M

    Investors

    Locked

  2. Series A

    May 17, 2021

    Amount

    $15M

    Investors

    Locked

  3. Series A

    Jun 11, 2019

    Amount

    Undisclosed

    Investors

    Locked

Questions about Code Ocean

Who invested in Code Ocean?

Code Ocean has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Code Ocean raised?

Code Ocean has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Code Ocean last raise money?

Code Ocean's most recent round on record is a Series B, in May 2022.

What does Code Ocean do?

Founded in 2016, Code Ocean, Inc.

Where is Code Ocean headquartered?

Code Ocean is headquartered in New York, US.

Which VCs invest in companies like Code Ocean?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Code Ocean's stage. Their profiles are linked below.

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