# CodeScene

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/codescene

- Industry: Software
- Headquarters: Malmo, Sweden
- Website: www.codescene.com/
- Total disclosed funding: $3.6M
- Latest round: Seed (Jan 15, 2021)
- Investors on record: 2

## About

Based in Sweden, CodeScene AB delivers innovative software solutions that enhance code quality and facilitate technical debt management for development teams across various industries.Founded in 2015 in Malmö, Sweden, CodeScene AB specializes in software analytics. The company was established by Adam Tornhill and Christian Kvist. CodeScene has raised a total of EUR 7.5 mn, with its most recent funding round occurring on August 4, 2023, featuring investors such as Inventure, Luminar Ventures, and Neqst.CodeScene's primary offering is its innovative CodeHealth™ metric, which leverages advanced analytics to assess and improve code quality within software development. This tool enables teams to visualize high-risk code areas, prioritize refactoring efforts, and enhance overall productivity. CodeScene integrates with various development environments and supports over 25 programming languages, catering to organizations of different sizes and sectors. It primarily serves markets in North America and Europe, with clients from technology, finance, and e-commerce industries.In 2023, CodeScene reported a revenue of EUR 2,339,562.10, alongside an EBITDA of EUR -421,764.30, reflecting their current financial standing based on their subscription-based model for clients.In August 2023, CodeScene AB raised EUR 7.5 mn in venture funding, led by Neqst, to enhance its market reach and develop its product offerings. The company aims to expand into new geographic regions, particularly targeting additional markets in North America and Europe, leveraging the recent funding to support these initiatives.

## Funding rounds

- Seed, Jan 15, 2021, $3.6M — Inventure, Luminar Ventures

## Investors

- Inventure (https://capitalatlas.ai/funds/inventure) — Seed
- Luminar Ventures (https://capitalatlas.ai/funds/luminar-ventures) — Seed