# LaunchDarkly

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

- Industry: Software
- Headquarters: Oakland, US
- Website: www.launchdarkly.com/
- Total disclosed funding: $334M
- Latest round: Series D (Aug 10, 2021)
- Investors on record: 13

## About

Based in California, US, and founded in 2014 by Edith Harbaugh and John Kodumal. Catamorphic Co. doing business as LaunchDarkly develops an online feature flagging system for content management and deployment solutions for applications and software. In August 2021, Catamorphic Co. raised USD 200 million in Series D funding from Lead Edge Capital, Top Tier Capital Partners, Bessemer Venture Partners, and Uncork Capital.

The company's line of products includes connectivity and data that help software teams to build, deliver, measure, and control their features. Catamorphic Co. also offers solutions for development teams, DevOps & SRE teams, and digital transformation teams. The company also provides a feature management platform called LaunchDarkly.

The company generates revenue through subscription plans for its feature management and experimentation platform. The pricing tiers include the Developer plan, which is free with usage limits and additional charges for exceeding those limits; the Foundation plan at USD 12 per month, which includes unlimited projects and environments but charges for service connections or contexts; and the Enterprise plan, which offers custom pricing for advanced features and scalability.

Catamorphic Co. plans to use its Series D raised in August 2021 to accelerate its growth, scale to more customers, and hire 100 new engineers. It will also continue to build integrations with other services such as ServiceNow, Allasian, Zendesk, and Salesforce, and grow its global team across Oakland, New York, Atlanta, and London.

## Funding rounds

- Series D, Aug 10, 2021, $200M — Redpoint Ventures, Insight Partners, Bessemer Venture Partners, Top Tier Capital Partners, Uncork Capital, Lead Edge Capital, Bloomberg Beta, Vertex Ventures, Threshold Ventures
- Series C, Jan 16, 2020, $54M — Redpoint Ventures, Bessemer Venture Partners, Uncork Capital, Bloomberg Beta, Vertex Ventures, Threshold Ventures
- Series C, Mar 13, 2019, $44M — Draper Fisher Jurvetson, Redpoint Ventures, Bessemer Venture Partners, Uncork Capital, Vertex Ventures, Threshold Ventures
- Series B, Nov 10, 2017, $22M — Redpoint Ventures, Uncork Capital, Vertex Ventures
- Series A, Nov 18, 2016, $11M — Draper Fisher Jurvetson, Uncork Capital, Bloomberg Beta
- Seed, Jun 4, 2015, $2.6M — Cervin Ventures, 500 Global, Uncork Capital, Bloomberg Beta, Heavybit

## Investors

- Cervin Ventures (https://capitalatlas.ai/funds/cervin-ventures) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Uncork Capital (https://capitalatlas.ai/funds/uncork-capital) — Seed, Series A, Series B, Series C, Series D
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Seed, Series A, Series C, Series D
- Heavybit (https://capitalatlas.ai/funds/heavybit) — Seed
- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series A, Series C
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series B, Series C, Series D
- Vertex Ventures (https://capitalatlas.ai/funds/vertex-ventures) — Series B, Series C, Series D
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series C, Series D
- Threshold Ventures (https://capitalatlas.ai/funds/threshold-ventures) — Series C, Series D
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series D
- Top Tier Capital Partners (https://capitalatlas.ai/funds/top-tier-capital-partners) — Series D
- Lead Edge Capital (https://capitalatlas.ai/funds/lead-edge-capital) — Series D