When was Codemagic founded?

Codemagic was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Codemagic located?

Codemagic is headquartered in Panama, Panama.

Which legal entities is Codemagic associated with?

Codemagic is associated with NEVERCODE LTD.

How many employees does Codemagic have?

As of Sep 30, 2026, the latest employee count at Codemagic is 23.

Is Codemagic a funded company?

Codemagic is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 18, 2019.

How much is Codemagic worth?

The latest valuation of Codemagic is £***** as of Nov 30, 2019.

When was the latest funding round of Codemagic?

Codemagic's latest funding was a $***** Seed round on Jan 18, 2019, with participation from 3 investors.

Where does Codemagic rank among its competitors?

Codemagic ranks 33rd amongst 165 active competitors, of which 33 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Harness, which secured $200M in Dec, 2025.

Who are the top competitors of Codemagic?

Codemagic's top competitors include Vercel, Harness and A10 Networks. Among them, Harness secured the most recent funding round in December, 2025.

Codemagic - 2026 Company Profile, Team, Funding & Competitors

Codemagic is a seed company based in Panama (Panama), founded in 2017 by Kristian Sagi. It operates as a Continuous integration and delivery platform for mobile. Codemagic has raised $1.5M in funding from Venrex, with a current valuation of £*****. The company has 165 active competitors, including 33 funded and 13 that have exited. Its top competitors include companies like Vercel, Harness and A10 Networks.

Company Details

Continuous integration and delivery platform for mobile. It allows the user to create automation workflows for configuring the build, test, and release pipelines without requiring deep technical knowledge. The product is available as a cloud version.

Website: codemagic.io/start/
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Key Metrics

Founded Year

2017

Location

Panama, Panama

Stage

Seed

Total Funding

$1.5M in 1 round

Latest Funding Round

Seed, Jan 18, 2019, $*****

Post Money Valuation

£***** as on Nov 30, 2019

Investors

Venrex & 13 more

Ranked

33^rd among 165 active competitors

Employee Count

23 as on Sep 30, 2026

Similar Companies

Gitlab & 157 more

View Codemagic's full profile

Codemagic is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
NEVERCODE LTD CIN: 10577696 , United Kingdom, Active	Jan 22, 2017	-	1 (As on Dec 31, 2024)

Codemagic has raised a total funding of $1.5M over 1 round. Its latest funding round was a Seed round on Jan 18, 2019 for $*****. 3 investors participated in its latest round. Codemagic has 13 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Codemagic:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 18, 2019	5276224	Seed	5541749	9203426	8986887	3830641

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View details of Codemagic's funding rounds and investors

The founders of Codemagic is Kristian Sagi.

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

Kristian Sagi: Co-Founder of Codemagic.

View details of Codemagic's Founder profiles and Board Members

Codemagic's employee count trend

Codemagic has 23 employees as of Sep 26. Here is Codemagic's employee count trend over the years:

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Top competitors of Codemagic include Vercel, Harness and A10 Networks. Here is the list of Top 10 competitors of Codemagic, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vercel 2015, Covina (United States), Series F	Provider of cloud infrastructure and developer tools for web applications	$863M	Accel, GIC & 30 others	82/100
2nd	Harness 2017, San Francisco (United States), Series E	Provider of platform for software delivery, security, testing, and cost optimization	$614M	Goldman Sachs, ServiceNow & 30 others	79/100
3rd	A10 Networks 2004, United States, Public	Provider of application delivery, security, and centralized management and analytics solutions	$118M	Sprout Capital Partners, Summit Partners ... & 10 others	70/100
4th	CloudBees 2010, San Jose (United States), Series F	Provider of software delivery platform for continuous integration and continuous delivery	$241M	Lightspeed Venture Partners, Delta-v Capital ... & 19 others	70/100
5th	CircleCI 2011, San Francisco (United States), Series F	Provider of a platform for continuous integration and continuous delivery	$316M	Owl Rock, NextEquity Partners & 21 others	69/100
6th	Rocket Software 1990, Waltham (United States), Acquired	Provider of continuous application delivery and hybrid cloud solutions	$96.9M	The D. E. Shaw Group, Prospect Capital & 1 others	67/100
7th	Copado 2013, Chicago (United States), Series C	Provider of DevOps platform for Salesforce releases, testing, and compliance	$329M	Insight Partners, Salesforce Ventures & 9 others	66/100
8th	Buildkite 2013, Fitzroy (Australia), Series B	Provider of a continuous integration platform for software development teams	$41.3M	OpenView, AirTree & 4 others	65/100
9th	Codefresh 2014, Mountain View (United States), Acquired	Cloud based software delivery platform	$42M	Viola Ventures, UpWest & 9 others	63/100
10th	Bitrise 2015, Budapest (Hungary), Series C	Provider of a platform for mobile continuous integration and delivery	$100M	OpenOcean, Insight Partners & 5 others	62/100
33rd	Codemagic 2017, Panama (Panama), Seed	Continuous integration and delivery platform for mobile	$1.5M	Wiser Financial Advisors, Seedcamp & 12 others	33/100