Valuation
$2B
2024 Revenue
$70.6M
Funding
$481M
YOY
90.4%
Team · 2025
530
Founded
2011
How Devo CEO Marc Van Zadelhhoff grew to $70.6M revenue with a 530 person team in 2024.
Provider of big data analytics platform designed to provide a complete and unified view of business operations. The company's big data analytics platform allows for the integration, management and visualization of data for business to consult, correlate and analyze, in real-time, years of data retention and petabytes of information, enabling businesses to make informed business decisions.
Last updated
Devo Revenue
In 2024, Devo's revenue reached $70.6M. The company previously reported $37.1M in 2023. Since its launch in 2011, Devo has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Devo Hit $70.6m revenue in October 2024 | |
| 2023 | Devo Hit $37.1m revenue in December 2023 | |
| 2021 | Devo Hit $27.6m revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
Devo Valuation, Funding Rounds
Devo reached a $2B valuation in 2022, set during its Series F round.
Devo has raised $481M in total funding across 6 rounds, most recently a $100M Series F round in 2022.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2022 | Series F | $100M | $2B | 5% | |
| 2021 | Series E | $250M | - | - | |
| 2020 | Series D | $60M | - | - | |
| 2018 | Series B | $25M | - | - | |
| 2017 | Series A | $35M | - | - | |
| 2017 | Seed Round | $11M | - | - |
Founder / CEO
Marc Van Zadelhhoff
CEO
Marc van Zadelhoff has nearly 20 years of experience in strategy, venture capital, business development and marketing in the IT and security space. Currently, Marc is the VP, Worldwide Strategy and Product Management for IBM Security Systems –responsible for overall product management, budget and positioning for IBM’s full software portfolioglobally. Marc’s prior responsibilities at IBM have included leadership roles in M&A, product management and marketing in both software and services. Marc was a member of the executive team of Dutch-based Consul before it sold to IBM and spent the rest of his pre-IBM years in IT venture capital and strategy consulting. Marc lives outside of Boston, Massachusetts.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Devo yet.
Devo Employees & Team Size
Devo employs approximately 530 people as of 2026, down from 651 in 2024, including 28 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2025 | Reached 530 employees (November 2025) |
| 2024 | Reached 651 employees (December 2024) |
| 2024 | Reached 670 employees (October 2024) |
| 2023 | Reached 677 employees (December 2023) |
| 2022 | Reached 769 employees (December 2022) |
| 2021 | Reached 604 employees (December 2021) |
| 2021 | Reached 341 employees (April 2021) |
Frequently Asked Questions about Devo
What is Devo's revenue?
Devo generates an estimated $70.6M in annual revenue.
Who founded Devo?
Devo was founded by Marc Van Zadelhhoff.
Who is the CEO of Devo?
The CEO of Devo is Marc Van Zadelhhoff.
How much funding does Devo have?
Devo raised $481M across 6 rounds.
How many employees does Devo have?
Devo has 530 employees.
Where is Devo headquarters?
Devo is headquartered in Cambridge, Massachusetts, United States.
Compare Devo to the industry
Devo operates across multiple industries. Browse revenue, funding, and growth data for Devo 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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