DevOps SoftwareChicago, IllinoisFounded 2013CEO Ted Elliott
Copado is a DevOps platform built for Salesforce deployments, helping enterprise customers eliminate failed or overnight release cycles.
Copado's annual revenue was $100M in October 2023, the most recent reported figure. That is up 32% from $76M a year earlier. Copado is #62 on the Latka List, level with 19 others. The list ranks the 1,356 companies Nathan Latka has interviewed by revenue.
| As of | Revenue | Source |
|---|---|---|
| Jun 2019 | $4.3M | – |
| 2020 | $15M | Ted Elliott on cameraWatch at 15:25 |
| May 2021 | $40M | Ted Elliott on cameraWatch at 9:34 |
| Nov 2022 | $76M | – |
| Oct 2023 | $100M | Confirmed by CEO |
| Oct 2024 | $140MEST | GetLatka estimate |
– source not recorded
Copado is privately held, so there is no Copado stock to buy. Investors valued it at $1.2B in its September 2021 Series C.
Valuation history$1.2B Series C 2021$400M 2021$35M Series A 2018
Copado has raised $285.5M across five rounds since 2018. The latest was a $147M Series C in September 2021.
| Date | Round | Raised | Valuation | Source |
|---|---|---|---|---|
| Sep 2021 | Series C | $147M | $1.2B | – |
| Feb 2021 | Funding round | $96M | $400M | Ted Elliott on cameraWatch at 13:50 |
| Jun 2020 | Series B | $26M | – | – |
| Sep 2018 | Series A | $9M | $35M | Ted Elliott on cameraWatch at 13:45 |
| 2018 | Funding round | $7.5M | – | Ted Elliott on cameraWatch at 5:20 |
| Total raised | $285.5M |
Nathan Latka has interviewed Copado once, speaking with Ted Elliott. Each figure links to the second it was said.
Watch: How Copado Grew From 30 to 340 People and Reached $40M in Revenue in Two Years (Interview with CEO Ted Elliott)May 2021 · Ted Elliott, CEO
Growth tactics they described: Live EventsWatch at 10:27
Copado competes most directly with AutoRABIT and Gearset. It is the largest of the three by revenue.
| Company | Revenue | Funding | Employees | Founded |
|---|---|---|---|---|
| Copado | $100M | $285.5M | 602 | 2013 |
 AutoRABIT | $40M | $53M | 229 | 2015 |
 Gearset | $6.1M | – | 308 | 2015 |
#7 of 491 DevOps Software companies by revenue · category median $3M · See the ranking
Ted Elliott founded Copado in 2013 and runs it as CEO. Copado has 602 employees (December 2025, LinkedIn).
BoardFederico Larsen, Nikitas Koutoupes, Vinny Pujji
| As of | Employees | Source |
|---|---|---|
| Dec 2025 | 602 | |
| Nov 2025 | 593 | |
| Mar 2024 | 523 | Latka Top 250 List |
| Nov 2023 | 534 | – |
| Sep 2023 | 534 | – |
| Jul 2023 | 565 | – |
| 2023 | 545 | – |
| Nov 2022 | 614 | – |
| 2022 | 614 | – |
| May 2021 | 340 | Ted Elliott on cameraWatch at 9:30 |
| 2020 | 100 | Ted Elliott on cameraWatch at 6:13 |
Copado's annual revenue was $100M in October 2023, according to the CEO. No later figure has been reported.
Investors valued Copado at $1.2B in its September 2021 Series C.
Copado has raised $285.5M across five funding rounds. The latest was a $147M Series C in September 2021.
No. Copado is a private company, so its shares aren't traded on a stock exchange.
Copado has 602 employees as of December 2025, according to LinkedIn.
Ted Elliott is the CEO of Copado and founded the company in 2013. Nathan Latka interviewed Ted Elliott in May 2021.
Ted Elliott founded Copado in 2013.
17 said on camera · 4 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice. The Latka List ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.
Updated Oct 29, 2026Data disclaimerReport a correctionClaim this profile