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Devorevenue, valuation & funding

Analytics PlatformsCambridge, MassachusettsFounded 2011CEO Marc Van Zadelhhoff

Devo is an Analytics Platforms company based in Cambridge, founded in 2011.

devo.comLinkedInUpdated Nov 28, 2025
Annual revenue
$70.6M
Oct 2024EST.
Valuation
$2B
Jun 2022
Total raised
$481M
6 rounds
Employees
530
Nov 2025

Devo revenue

Devo has not published its revenue. GetLatka estimates it at about $70.6M a year (October 2024).

$0
$20M
$40M
$60M
$27.6M
–
$37.1M
$70.6M
2021202220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 3 revenue readings, with sources
As ofRevenueSource
Apr 2021$27.6M–
Dec 2023$37.1MEST.GetLatka estimate
Oct 2024$70.6MEST.GetLatka estimate

– source not recorded

Devo valuation

Devo is privately held, so there is no Devo stock to buy. Investors valued it at $2B in its June 2022 Series F.

Devo funding rounds & investors

Devo has raised $481M across six rounds since 2017. The latest was a $100M Series F in June 2022.

DateRoundRaisedValuationSource
Jun 2022Series F$100M$2Bdevo.com
Oct 2021Series E$250M–devo.com
Sep 2020Series D$60M–devo.com
Jun 2018Series B$25M–devo.com
Sep 2017Series A$35M–devo.com
2017Seed$11M–devo.com
Total raised$481M

Devo competitors

Devo competes most directly with Datadog and Elasticsearch B.V..

CompanyRevenueFundingEmployeesCustomersFounded
Datadog$3.4B$795.9M9,71925K2010
Elasticsearch B.V.$1.7B$162M1,1365932012
Devo$70.6M$481M530–2011

Devo CEO, founders & employees

Marc Van Zadelhhoff founded Devo in 2011 and runs it as CEO. Devo has 530 employees (November 2025, LinkedIn), down from 651 a year earlier.

0
200
400
600
604
769
677
651
530
20212022202320242025
ReportedOne figure per year; a reported figure wins over an estimate
All 7 headcount readings, with sources
As ofEmployeesSource
Nov 2025530LinkedIn
Dec 2024651LinkedIn
Oct 2024670LinkedIn
Dec 2023677LinkedIn
Dec 2022769LinkedIn
Dec 2021604LinkedIn
Apr 2021341–

Devo FAQ

What is Devo's revenue?

GetLatka estimates Devo's revenue at about $70.6M a year (October 2024). The company hasn't published its own figure.

What is Devo's valuation?

Investors valued Devo at $2B in its June 2022 Series F, according to devo.com.

How much funding has Devo raised?

Devo has raised $481M across six funding rounds. The latest was a $100M Series F in June 2022.

Is Devo publicly traded?

No. Devo is a private company, so its shares aren't traded on a stock exchange.

How many employees does Devo have?

Devo has 530 employees as of November 2025, according to LinkedIn.

Who is the CEO of Devo?

Marc Van Zadelhhoff is the CEO of Devo and founded the company in 2011.

Who founded Devo?

Marc Van Zadelhhoff founded Devo in 2011.

How this page is sourced

12 from public sources · 2 estimates. 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.

Updated Nov 28, 2025Data disclaimerReport a correctionClaim this profileRun Devo? Join the podcast