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Posit - About the company

Posit is a series D company based in Boston (United States), founded in 2009 by J J Allaire. It operates as a Posit | The Open-Source Data Science Company. Posit has raised $164M in funding. The company has 247 active competitors, including 26 funded and 20 that have exited. Its top competitors include companies like Progress, Gitpod and Windsurf.

Company Details

The best data science is open source. Posit is committed to creating incredible open-source tools for individuals, teams, and enterprises.
Website
posit.co
Social
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Email ID
*****@posit.co
Phone Number
+1 **********
Key Metrics
Founded Year
2009
Location
Boston, United States
Stage
Series D
Total Funding
$164M in 2 rounds
Latest Funding Round
Ranked
Employee Count
448 as on Jun 30, 2026
Investment & Acquisitions
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Posit's funding and investors

Posit has raised a total funding of $164M over 2 rounds. Its first funding round was on May 27, 2021. Posit has 2 institutional investors.

Here is the list of recent funding rounds of Posit:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 07, 2022
2857009
Series D
8966845
7077389
3126972
9297344
May 27, 2021
6059801
Series D
3608895
3677151
7825016
1533585
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Posit's founders and board of directors

Founder? Claim Profile
The founders of Posit is J J Allaire.
Here are the details of Posit's key team members:

Posit's employee count trend

Posit has 448 employees as of Jun 26. Here is Posit's employee count trend over the years:
Employee count trend for Posit
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Posit's Competitors and alternates

Top competitors of Posit include Progress, Gitpod and Windsurf. Here is the list of Top 10 competitors of Posit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Progress
Progress
1981, Bedford (United States), Public
Platform offering IDE based application development software
-
68/100
2nd
Logo for Posit
Posit
2009, Boston (United States), Series D
Posit | The Open-Source Data Science Company
$164M
63/100
3rd
Logo for Gitpod
Gitpod
2017, Kiel (Germany), Series A
Platform offering integrated cloud development environment
$41M
65/100
4th
Logo for Windsurf
Windsurf
2021, Mountain View (United States), Acquired
Provider of AI-powered code editor enhancing developer productivity
$243M
64/100
5th
Logo for Anysphere
Anysphere
2022, San Francisco (United States), Series D
Developer of software and models for automating code and improving programmers
$3.38B
64/100
6th
Logo for Daytona
Daytona
2023, New York City (United States), Series A
Provider of secure and elastic infrastructure for running AI-generated code
$31M
61/100
7th
Logo for Qt Group
Qt Group
1995, Helsinki (Finland), Acquired
Developer of cross-platform software development tools and quality assurance solutions
$6.7M
61/100
8th
Logo for Coder
Coder
2017, Austin (United States), Series C
Cloud based cross platform integrated development environment
$175M
59/100
9th
Logo for Xamarin
Xamarin
2011, San Francisco (United States), Acquired
Provider of cross platform application development platform
$82.3M
58/100
10th
Logo for Meteor
Meteor
2011, San Francisco (United States), Acquired
Cloud-based cross-platform application development solutions
$62.4M
56/100
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Posit's Investments and acquisitions

Posit has a total of 1 investment in Ursa Computing. Posit has not made any acquisitions as of now.

News related to Posit

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Media has covered Posit for a total of 4 events in the last 1 year, 1 of them has been about company updates.
R-Studio 9.3 Build 191259KaldataNov 21, 2023Posit
RStudio is now PositPositNov 02, 2022RStudio, Posit
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FAQs about Posit

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