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How Code Ocean CEO Simon Adar grew to $7.1M revenue with a 59 person team in 2023.

Code Ocean is where exceptional computational research is created, organized, and shared in a unified platform. It represents an optimal solution for research teams striving to standardize their research workflows, enabling them to efficiently track and reproduce all computations and discoveries. This platform offers significant advantages to research and development organizations, including reduced IT expenses, automation features to facilitate reproducibility, and the minimization of wasted time for researchers and collaborators. Our mission is to transform computational research into a connected community that collectively pursues faster, more collaborative, and higher-quality discoveries. For the first time, researchers, engineers, developers, and scientists have the ability to meticulously track and share reproducible code, data, results, and a fully operational computational environment along with the associated articles and projects.

We also provide a Digital Object Identifier (DOI) for each algorithm, ensuring proper attribution and linking it seamlessly to the related published research. This comprehensive approach not only facilitates a deeper level of collaboration and transparency within the scientific community but also paves the way for groundbreaking advancements and innovations. By solidifying and simplifying the connection between computational experiments and their documentation, Code Ocean significantly enhances the reliability and impact of scientific research.

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Code Ocean Revenue

In 2023, Code Ocean's revenue reached $7.1M. Since its launch in 2016, Code Ocean has shown consistent revenue growth.

Code Ocean Revenue GrowthReported revenue / ARR over time$0$2M$3M$5M$6M$8M20162017201820192020202120222023$0$7MSource: GetLatka.com
YearMilestoneQuote
2023Code Ocean Hit $7.1m revenue in December 2023
2016Launched with $0 revenue

Code Ocean Valuation, Funding Rounds

Code Ocean is a bootstrapped Cloud Platform as a Service (PaaS) Software startup. Founded in 2016, Code Ocean has grown to $7.1M in revenue without raising any venture capital or outside funding.

As a self-funded Cloud Platform as a Service (PaaS) Software SaaS company, Code Ocean has built its business with no outside investment.

Code Ocean Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12016Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Simon Adar

Simon Adar is listed as Founder / CEO at Code Ocean.

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Customers

We do not have customer count information for Code Ocean yet.

Code Ocean Employees & Team Size

Code Ocean employs approximately 59 people as of 2026, up from 47 in 2022.

Code Ocean Team GrowthReported headcount over time01325385063201620172018201920202021202220230047475959Source: GetLatka.com
YearMilestone
2023Reached 59 employees (December 2023)
2022Reached 47 employees (December 2022)

Frequently Asked Questions about Code Ocean

What is Code Ocean's revenue?

Code Ocean generates $7.1M in revenue.

Who founded Code Ocean?

Code Ocean was founded by Simon Adar.

Who is the CEO of Code Ocean?

The CEO of Code Ocean is Simon Adar.

How much funding does Code Ocean have?

Code Ocean raised $0.

How many employees does Code Ocean have?

Code Ocean has 59 employees.

Where is Code Ocean headquarters?

Code Ocean is headquartered in New York, New York, United States.

Compare Code Ocean to the industry

Code Ocean operates across multiple industries. Browse revenue, funding, and growth data for Code Ocean in each sector below.

Data and Sources

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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Code Ocean Revenue 2023: $7.1M ARR (Bootstrapped)