When was Copado founded?

Copado was founded in 2013 and became a unicorn in 2021, reaching the milestone in 8 years. It raised its 1st funding round 5 years after its incorporation.

Where is Copado located?

Copado is headquartered in Chicago, United States.

How many employees does Copado have?

As of Mar 31, 2026, the latest employee count at Copado is 615.

Is Copado a funded company?

Copado is a funded company, having raised a total of $329M across 6 funding rounds to date. The company's 1st funding round was a $8.76M Series A round, raised on Sep 20, 2018.

How much is Copado worth?

The latest valuation of Copado is $1.2B as of Sep 13, 2021.

When was the latest funding round of Copado?

Copado's latest funding was a $140M Series C round on Sep 13, 2021, with participation from 9 investors.

Is Copado a Build Tools company?

The primary sectors of Copado are Build Tools, DevOps and Software Testing Tools.

Where does Copado rank among its competitors?

Copado ranks 6th amongst 171 active competitors, of which 43 are funded. It stands 3rd 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 Copado?

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

Copado - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of DevOps platform for Salesforce releases, testing, and compliance. The platform offers continuous integration and delivery, robotic testing, and artificial intelligence to streamline software development lifecycles. It provides tools for planning, building, testing, releasing, and operating Salesforce applications. The platform supports various team roles, including administrators, architects, developers, and testers, across multiple industries.

Website: www.copado.com/
Social

Key Metrics

Founded Year

2013

Location

Chicago, United States

Stage

Series C

Total Funding

$329M in 6 rounds

Latest Funding Round

Series C, Sep 13, 2021, $140M

Post Money Valuation

$1.2B as on Sep 13, 2021

Investors

Insight Partners & 10 more

Ranked

6^th among 171 active competitors

Employee Count

615 as on Mar 31, 2026

Investment & Acquisitions

IOVIO & 5 more

Similar Companies

Vercel & 141 more

View Copado's full profile

Copado is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
COPADO AUSTRALIA PTY LTD CIN: 622686999 , Australia, Active	Nov 05, 2017	-	-	-
COPADO LIMITED CIN: 11719338 , United Kingdom, Active	Dec 09, 2018	$10.2M (As on Jan 31, 2025)	25 (As on Jan 31, 2024)
COPADO INDIA PRIVATE LIMITED CIN: U74999KA2020FTC132494 , India, Active	Feb 10, 2020	$3.44M (As on Mar 31, 2025)	53 (As on Aug 31, 2025)

Copado has raised a total funding of $329M over 6 rounds. Its first funding round was on Sep 20, 2018. Its latest funding round was a Series C round on Sep 13, 2021 for $140M. 9 investors participated in its latest round. Copado has 11 institutional investors.

Here is the list of recent funding rounds of Copado:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 13, 2021	$140M	Series C	$1.2B	-	Insight Partners	SoftBank Group, Digital Garage, IBM, Lead Edge Capital, Perpetual Investment, Declaration Partners, ISAI, Salesforce Ventures
Aug 12, 2021	$52.8M	Series C	-	-	-	-
Jul 22, 2021	$5.25M	Series B	-	-	-	-

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View details of Copado's funding rounds and investors

The founders of Copado are Philipp R and Federico Larsen.

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

Philipp R: Co-Founder & Chief Strategy Officer of Copado.
Federico Larsen: Co-Founder & CTO of Copado.
Contact Info: 1 email address
Ted Elliott: CEO of Copado.
Contact Info: 1 email address

View details of Copado's Founder profiles and Board Members

Copado's employee count trend

Copado has 615 employees as of Mar 26. Here is Copado's employee count trend over the years:

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Top competitors of Copado include Vercel, Harness and CircleCI. Here is the list of Top 10 competitors of Copado, 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, Google Ventures & 30 others	81/100
2nd	Harness 2017, San Francisco (United States), Series E	Provider of platform for software delivery, security, testing, and cost optimization	$614M	IVP, Goldman Sachs & 30 others	77/100
3rd	CircleCI 2011, San Francisco (United States), Series F	Provider of a platform for continuous integration and continuous delivery	$316M	Top Tier Capital Partners, IVP & 19 others	70/100
4th	A10 Networks 2004, United States, Public	Provider of application delivery, security, and centralized management and analytics solutions	$118M	Mitsui, Bank of America & 9 others	69/100
5th	Komodor 2020, Rockville (United States), Series B	Provider of an autonomous AI SRE platform for Kubernetes management	$72M	Tiger Global Management, Accel & 13 others	67/100
6th	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
7th	Buildkite 2013, Fitzroy (Australia), Series B	Provider of a continuous integration platform for software development teams	$41.3M	OpenView, AirTree & 4 others	64/100
8th	Codefresh 2014, Mountain View (United States), Acquired	Cloud based software delivery platform	$42M	Red Dot Capital Partners, Viola Ventures & 9 others	64/100
9th	Rocket Software 1990, Waltham (United States), Acquired	Provider of continuous application delivery and hybrid cloud solutions	$96.9M	D. E. Shaw Group, Prospect Capital & 1 others	63/100
10th	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 ... & 16 others	63/100

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Copado has not made any investments yet. Copado has made 6 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 01, 2022	Acquisition	IOVIO	2011	Amsterdam (Netherlands)
Feb 01, 2022	Acquisition	Qualibrate	2016	Amsterdam (Netherlands)
Jun 30, 2021	Acquisition	Qentinel	2002	Chicago (United States)