When was Codean founded?

Codean was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Codean located?

Codean is headquartered in Utrecht, Netherlands.

How many employees does Codean have?

As of Jul 01, 2024, the latest employee count at Codean is 7.

Is Codean a funded company?

Codean is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Apr 12, 2022.

When was the latest funding round of Codean?

Codean's latest funding was a $***** Seed round on Apr 12, 2022, with participation from 1 investor.

Where does Codean rank among its competitors?

Codean ranks 508th amongst 4836 active competitors, of which 144 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Cynomi, which secured $37M in Apr, 2025.

Who are the top competitors of Codean?

Codean's top competitors include Optiv Security, Aujas and Parsons. Among them, Cynomi secured the most recent funding round in April, 2025.

Codean - 2026 Company Profile, Team, Funding & Competitors

Codean is a seed company based in Utrecht (Netherlands), founded in 2021 by Arthur Tolsma and Kevin Valk. It operates as a Security testing and vulnerability analysis services provider. Codean has raised $1.09M in funding from TIIN Capital. The company has 4836 active competitors, including 144 funded and 461 that have exited. Its top competitors include companies like Optiv Security, Aujas and Parsons.

Company Details

Security testing and vulnerability analysis services provider. It provides an online framework for penetration testing and security assessment. It provides a solution to perform website penetration testing, network security assessments. It also provides code review, reports vulnerabilities, offers solutions detailed reports, and recommendations for remediation, etc.

Website: codean.io
Email ID: *****@codean.io
Phone Number: +31 **********

Key Metrics

Founded Year

2021

Location

Utrecht, Netherlands

Stage

Seed

Total Funding

$1.09M in 1 round

Latest Funding Round

Seed, Apr 12, 2022, $*****

Investors

TIIN Capital

Ranked

508^th among 4836 active competitors

Employee Count

7 as on Jul 01, 2024

Similar Companies

Optiv Security & 4986 more

View Codean's full profile

Codean has raised a total funding of $1.09M over 1 round. Its latest funding round was a Seed round on Apr 12, 2022 for $*****. 1 investor participated in its latest round. Codean has 1 institutional investor.

Here is the list of recent funding rounds of Codean:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 12, 2022	1299521	Seed	5812930	2841534	6200448	6498725

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View details of Codean's funding rounds and investors

The founders of Codean are Arthur Tolsma and Kevin Valk.

Here are the details of Codean's key team members:

Arthur Tolsma: Co-Founder of Codean.
Kevin Valk: Founder of Codean.

View details of Codean's Founder profiles and Board Members

Codean's employee count trend

Codean has 7 employees as of Jul 24. Here is Codean's employee count trend over the years:

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Top competitors of Codean include Optiv Security, Aujas and Parsons. Here is the list of Top 10 competitors of Codean, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Optiv Security 1999, Denver (United States), Acquired	Cybersecurity solutions provider securing business potential through risk management and technology	$4.05M	CFT Capital Partners, Glade Brook Capital ... & 8 others	67/100
2nd	Aujas 2008, Cupertino (United States), Acquired	Platform for security analytics and risk assessment	$18.9M	Chiratae Ventures, Rajasthan Venture Capital Fund ... & 6 others	67/100
3rd	Parsons 1944, Washington, DC (United States), Public	Provider of cyber security, infrastructure, and other services	-	Hudson Pacific Capital, National Science Foundation ... Read more	65/100
4th	Kratikal 2013, Noida (India), Seed	Provider of vulnerability assessment, penetration testing, and security compliance audit services	$1.93M	GILDA, Art Capital & 19 others	62/100
5th	Adesso 1997, Dortmund (Germany), Public	Provider of IT services, digital solutions, and technology platform expertise	-	Herald Investment Management, Eiffel Investment Group ... Read more	61/100
6th	Convergint 2001, Schaumburg (United States), Acquired	Physical security service provider	$100K	Ares Capital Corporation, Leonard Green and Partners ... & 7 others	61/100
7th	Cynomi 2019, London (United Kingdom), Series B	Provides a range of cyber security services	$60.5M	Insight Partners, Entree Capital & 10 others	59/100
8th	NCC Group 1999, Manchester (United Kingdom), Public	Cyber security company that provides trusted expertise and solutions to help organizations create a more secure digital future	-	-	58/100
9th	NSO Group 2009, Herzliya (Israel), Acquired	Internet security research and consulting	-	Credit Suisse, Jefferies & 1 others	58/100
10th	NetSPI 2001, Minneapolis (United States), Series C	Provider of attack surface management, threat detection, and pentesting services	$500M	KKR, Sunstone Partners & 2 others	58/100
508th	Codean 2021, Utrecht (Netherlands), Seed	Security testing and vulnerability analysis services provider	$1.09M	TIIN Capital	27/100