# Gitpod

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

- Industry: Software
- Headquarters: Kiel, Germany
- Website: www.gitpod.io
- Total disclosed funding: $28M
- Latest round: Series A (Nov 3, 2022)
- Investors on record: 7

## About

Based in Germany, Gitpod GmbH operates as a provider of cloud-based development environments that enhance developer productivity through automation and security features.Gitpod GmbH specializes in offering cloud-based development environments tailored for developers. Founded in 2016 in Kiel, Germany, the company has successfully raised EUR 25.50 mn through its Series A funding round, attracting investors including Crane Venture Partners and General Catalyst Partners. The founders, Jan Köhnlein, Johannes Landgraf, Moritz Eysholdt, and CEO Johannes Landgraf, have a background in technology and development, contributing significantly to the company’s growth. Gitpod provides a robust platform for developers, offering ready-to-code environments that prioritize security and automation. The core product is a cloud-based development environment that allows users to write, compile, and run code using their preferred editor or command line interface (CLI). This service streamlines workflows by automating common tasks such as database seeding, infrastructure provisioning, and the integration of AI coding assistants. Gitpod’s solutions target enterprises and are utilized by a diverse client base, including significant players in the financial, insurance, and healthcare sectors. The service can be self-hosted in under three minutes, facilitating deployment in various geographical markets, including North America, Europe, and parts of Asia, thus catering to a global audience of over 1.5 million developers.Gitpod operates on a subscription-based revenue model, focusing on businesses and enterprises that require scalable and secure development environments. Clients typically engage through annual subscription plans, granting access to its flagship platform for self-hosting or cloud use. The pricing structure is tiered to accommodate different team sizes and needs. Enterprise clients benefit from customized solutions, including dedicated support and enhanced security features tailored to their operational demands. This transactional approach primarily serves the B2B segment, enabling Gitpod to effectively cater to large organizations while maintaining a commitment to user privacy and compliance standards.Gitpod GmbH plans to leverage its recent funding to expand its product offerings and market reach. The company is currently developing new features and services aimed at enhancing user experience and productivity. Gitpod aims to expand into additional geographic markets, particularly focusing on increasing its presence in Asia by 2024. The recent EUR 25.50 mn raised will be utilized to support these initiatives and further develop the platform, ensuring it meets the evolving demands of its enterprise clientele.

## Funding rounds

- Series A, Nov 3, 2022, $25M — General Catalyst Partners, Speedinvest, Vertex Ventures, Crane Venture Partners, GTMfund, Pebblebed, MongoDB Ventures
- Seed, Oct 8, 2020, $3M — Speedinvest, Vertex Ventures, Crane Venture Partners

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed, Series A
- Vertex Ventures (https://capitalatlas.ai/funds/vertex-ventures) — Seed, Series A
- Crane Venture Partners (https://capitalatlas.ai/funds/crane-venture-partners) — Seed, Series A
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A
- GTMfund (https://capitalatlas.ai/funds/gtmfund) — Series A
- Pebblebed (https://capitalatlas.ai/funds/pebblebed) — Series A
- MongoDB Ventures — Series A