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Ardoq is a privately held software company based in Oslo, Norway, and is not owned by any other company. Ardoq provides an enterprise-grade platform for creating and maintaining documentation of complex IT systems and processes, enabling businesses to visualize their architecture, manage change, and improve collaboration. Their platform includes features such as automated data discovery, interactive documentation, and visualizations, enabling businesses to gain insights into their IT environment and optimize their operations. Ardoq was founded in 2013 and has since grown to become one of the leading software providers in the enterprise architecture and IT documentation space, serving clients across various industries, including finance, healthcare, and telecommunications. The company has been recognized for its innovation and impact in the technology industry, receiving awards from organizations such as Gartner and Red Herring.
Last updated
In 2024, Ardoq's revenue reached $35.5M. The company previously reported $23.6M in 2023. Since its launch in 2013, Ardoq has shown consistent revenue growth.
Ardoq reached a $300M valuation in 2022, set during its Series D round.
Ardoq has raised $163.7M in total funding across 5 rounds, most recently a $126.1M Series D round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Series D | $126.1M | $300M | 42% | |
| 2021 | Series C | $26M | - | - | |
| 2020 | Series B | $6.6M | - |
CEO
Erik is a former hockey player turned geek. With six years’ experience as a developer, he has worked in industries including education, banking/finance and telecoms.
Chief Marketing Officer
Monica Visconti-Patel is listed as Chief Marketing Officer at Ardoq.
Chief Technology Officer
Øystein Ellingbø is listed as Chief Technology Officer at Ardoq.
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We do not have customer count information for Ardoq yet.
Ardoq employs approximately 262 people as of 2026, up from 228 in 2023, including 39 sales reps that carry a quota.
Ardoq generates an estimated $35.5M in annual revenue.
The CEO of Ardoq is Erik Bakstad.
Ardoq raised $163.7M across 5 rounds.
Ardoq has 262 employees.
Ardoq is headquartered in Oslo, Oslo, Norway.
Ardoq operates across multiple industries. Browse revenue, funding, and growth data for Ardoq in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$300M
2024 Revenue
$35.5M(Est.)
Funding
$163.7M
Team
262
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2024 | Ardoq Hit $35.5m revenue in October 2024 | Estimated |
| 2023 | Ardoq Hit $23.6m revenue in November 2023 | Estimated |
| 2022 | Ardoq Hit $15.9m revenue in November 2022 | |
| 2022 | Ardoq Hit $15.9m revenue in March 2022 | |
| 2021 | Ardoq Hit $9.2m revenue in November 2021 | |
| 2020 | Ardoq Hit $2.5m revenue in June 2020 | |
| 2013 | Launched with $0 revenue |
| - |
| 2019 | Series A | $3.8M | - | - |
| 2016 | Seed Round | $1.2M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 262 employees (December 2024) | |
| 2024 | Reached 259 employees (October 2024) | |
| 2023 | Reached 228 employees (November 2023) | |
| 2023 | Reached 228 employees (July 2023) | |
| 2022 | Reached 162 employees (November 2022) | |
| 2022 | Reached 162 employees (March 2022) | |
| 2021 | Reached 144 employees (November 2021) | |
| 2020 | Reached 126 employees (November 2020) |
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