When was Codemagic founded?

Codemagic was founded in 2018 and raised its 1st funding round 1 year 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 May 31, 2026, the latest employee count at Codemagic is 22.

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 32nd amongst 116 active competitors, of which 32 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 CircleCI. 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 2018 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 116 active competitors, including 32 funded and 13 that have exited. Its top competitors include companies like Vercel, Harness and CircleCI.

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

2018

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 & 12 more

Ranked

32^nd among 116 active competitors

Employee Count

22 as on May 31, 2026

Similar Companies

Gitlab & 153 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	Documents
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 12 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	3926829	Seed	2523090	1097268	4494523	7485018

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View details of Codemagic's funding rounds and investors

The founders of Codemagic is Kristian Sagi. Martin Jeret is the CEO of Codemagic.

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

Kristian Sagi: Co-Founder of Codemagic.
Martin Jeret: CEO of Codemagic.

View details of Codemagic's Founder profiles and Board Members

Codemagic's employee count trend

Codemagic has 22 employees as of May 26. Here is Codemagic's employee count trend over the years:

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Top competitors of Codemagic include Vercel, Harness and CircleCI. 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 & 31 others	81/100
2nd	Harness 2017, San Francisco (United States), Series E	Provider of platform for software delivery, security, testing, and cost optimization	$614M	Goldman Sachs, Norwest & 30 others	78/100
3rd	CircleCI 2011, San Francisco (United States), Series F	Provider of a platform for continuous integration and continuous delivery	$316M	IVP, Owl Rock & 20 others	70/100
4th	A10 Networks 2004, United States, Public	Provider of application delivery, security, and centralized management and analytics solutions	$118M	Sprout Capital Partners, Bank of America ... & 10 others	69/100
5th	Copado 2013, Chicago (United States), Series C	Provider of DevOps platform for Salesforce releases, testing, and compliance	$329M	Insight Partners, Lead Edge Capital & 9 others	66/100
6th	Buildkite 2013, Fitzroy (Australia), Series B	Provider of a continuous integration platform for software development teams	$41.3M	OpenView, AirTree & 4 others	65/100
7th	Codefresh 2014, Mountain View (United States), Acquired	Cloud based software delivery platform	$42M	Alicorn, UpWest & 9 others	62/100
8th	CloudBees 2010, San Jose (United States), Series F	Provider of software delivery platform for continuous integration and continuous delivery	$241M	Lightspeed Venture Partners, Verizon & 16 others	62/100
9th	Bitrise 2015, Budapest (Hungary), Series C	Provider of a platform for mobile continuous integration and delivery	$100M	Insight Partners, Partech Partners & 5 others	61/100
10th	Rocket Software 1990, Waltham (United States), Acquired	Provider of continuous application delivery and hybrid cloud solutions	$96.9M	The D. E. Shaw Group, Court Square & 1 others	61/100
32nd	Codemagic 2018, Panama (Panama), Seed	Continuous integration and delivery platform for mobile	$1.5M	Venrex, E 24 & 11 others	35/100