# DeepCode

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

- Industry: Software
- Headquarters: Zurich, Switzerland
- Website: www.deepcode.ai
- Total disclosed funding: $5.1M
- Latest round: Seed (Aug 6, 2019)
- Investors on record: 4

## About

DeepCode AG specializes in leveraging artificial intelligence to enhance code quality and security, providing tools that assist developers in identifying and rectifying vulnerabilities within their software applications.DeepCode AG, founded in 2016 and headquartered in Zurich, Switzerland, focuses on AI-driven code analysis solutions. The company underwent a significant change when it was acquired by Snyk Ltd. in September 2020, with specific financial terms undisclosed. The founder's details are not available.DeepCode AG's primary offerings utilize its proprietary AI technology to enhance application security. Their tools assist software developers in identifying, fixing, and managing code vulnerabilities. Notable products include real-time code security solutions and tools for managing open-source dependencies, all aimed at maintaining security within the software development lifecycle.DeepCode AG operates under a subscription-based model, allowing clients access to its suite of security tools through various pricing tiers tailored to individual developers and enterprises. These subscription plans ensure a consistent revenue stream, generally involving annual contracts that include additional features and support, contributing to a stable financial structure.With the latest funding round completed in September 2020, DeepCode AG is expected to enhance its product offerings and expand into new markets. The acquisition by Snyk Ltd., a portfolio company of several high-profile investors, signifies a strategic reinforcement aimed at broadening its global reach and improving its technology. Specific details on upcoming product launches or market expansions have not been disclosed.

## Funding rounds

- Seed, Aug 6, 2019, $4M — Earlybird, b2venture, 3VC
- Seed, May 15, 2018, $1.1M — Econa, b2venture

## Investors

- Econa (https://capitalatlas.ai/funds/econa) — Seed
- b2venture (https://capitalatlas.ai/funds/b2venture) — Seed
- Earlybird (https://capitalatlas.ai/funds/earlybird) — Seed
- 3VC (https://capitalatlas.ai/funds/3vc) — Seed