# Codeship

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

- Industry: Software
- Headquarters: Boston, US
- Website: www.codeship.com
- Total disclosed funding: $9.6M
- Latest round: Series A (Jul 26, 2016)
- Investors on record: 4

## About

Codeship, Inc. provides a cloud-based Software as a Service (SaaS) platform that simplifies Continuous Integration and Continuous Delivery (CI/CD) processes for development teams, enhancing their software delivery efficiency.Founded in 2010 and headquartered in Boston, US, Codeship, Inc. specializes in CI/CD solutions for engineering teams. The company was acquired by CloudBees, Inc. in February 2018, marking a strategic pivot to strengthen its market position. The founders, Vipul Singh, previously established CodeShip Classes, indicating a background in educational initiatives related to software development. The company has successfully completed 10 deals, with a notable Series A funding round raising USD 7.00 mn led by Ascent Venture Partners.CloudBees CodeShip offers a robust Software as a Service (SaaS) solution designed to facilitate Continuous Integration and Continuous Delivery (CI/CD) for engineering teams. Its core offerings enable users to efficiently implement and optimize CI/CD workflows in the cloud, catering specifically to small and growing development teams. The platform supports a range of applications, from simple web projects to complex microservice architectures, aimed at ensuring rapid, secure, and consistent code delivery. CloudBees CodeShip's services are utilized across various industries, including automotive, financial services, and retail, primarily in North America and Europe. The solution has been adopted by a diverse clientele, including companies like American Express Global Business Travel and Autodesk, which leverage the platform for enhanced software delivery processes.CloudBees CodeShip generates revenue primarily through a subscription-based model, offering various pricing plans tailored to meet the needs of different client segments. Customers subscribe to the service based on their specific requirements, choosing from standard or advanced tiers, which grant access to varying features and capabilities, such as dedicated AWS instances and enhanced security measures. The transaction structure predominantly operates on a B2B model, with clients typically being organizations that engage with the service for their development operations. The company’s flagship product, CloudBees CodeShip Pro, provides users with full control over their CI/CD setup and is especially popular among tech firms looking to streamline their software development lifecycle.CloudBees CodeShip plans to leverage recent funding to expand its product offerings and enhance its market presence. With the acquisition by CloudBees, Inc., the focus will be on developing new features to further streamline CI/CD processes for clients. The company is also targeting expansion into European markets to increase its customer base and reach. The funding from the Series A round will support these growth initiatives, particularly in improving technology infrastructure and increasing market outreach.

## Funding rounds

- Series A, Jul 26, 2016, $7M — Ascent Venture Partners, F-Prime Capital, Boston Seed Capital, Sigma Prime Ventures
- Series A, Feb 13, 2014, $2.6M — F-Prime Capital, Boston Seed Capital, Sigma Prime Ventures

## Investors

- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Series A
- Boston Seed Capital (https://capitalatlas.ai/funds/boston-seed-capital) — Series A
- Sigma Prime Ventures (https://capitalatlas.ai/funds/sigma-prime-ventures) — Series A
- Ascent Venture Partners (https://capitalatlas.ai/funds/ascent-venture-partners) — Series A