DigitalOceanrevenue, market cap & funding
Infrastructure as a Service (IaaS) ProvidersNew YorkFounded 2012CEO Yancey Spruill
Public companyDigitalOcean is a cloud computing platform that provides a cloud platform to deploy, manage, and scale applications of any size.
- Customers
- 700K
DigitalOcean revenue
DigitalOcean's annual revenue was $901.4M in December 2025 (Company Website). That is up 15% from $780.6M a year earlier.
All 4 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Dec 2021 | $428.6M | SEC filing |
| Dec 2023 | $693M | s206.q4cdn.com |
| Dec 2024 | $780.6M | Company Website |
| Dec 2025 | $901.4M | Company Website |
DigitalOcean market cap
DigitalOcean is a public company. Its market capitalisation was $16B in September 2026.
DigitalOcean funding rounds & investors
DigitalOcean has raised $150M across two rounds since 2020. The latest was a $50M Series C in September 2020.
Rounds before the IPO
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Sep 2020 | Series C | $50M | $1.2B |
| May 2020 | Series C | $100M | – |
| Total raised | $150M |
Not counted as funding
- Secondary share sale (not new capital) $750K Sep 2020
DigitalOcean CEO & employees
Yancey Spruill is CEO of DigitalOcean. DigitalOcean had 906 employees (April 2021).
- Yancey SpruillChief Executive Officer
- Bill SorensonChief Financial Officer
- Carly BrantzChief Marketing Officer
- Jeff GuyChief Operating Officer
- Matt NormanChief People Officer
- Barry CooksChief Technology Officer
BoardPueo Keffer, Amy Butte, Steve Dow, Ben Uretsky, Peter Levine, Brad Gillespie, Moisey Uretsky
Also at DigitalOceanRafael Mojica, Danielle Fisher, JJ Festoso, Apurva Joshi, Al Sene, Chris Higgins, Adrienne Calderone, Brian Erickson, Arif Kadir
Team mix (Apr 2021): 341 engineers, 24 in sales, 39 in marketing
All 3 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Apr 2021 | 906 | – |
| Dec 2020 | 619 | – |
| Aug 2020 | 500 | – |
DigitalOcean FAQ
What is DigitalOcean's revenue?
DigitalOcean's annual revenue was $901.4M in December 2025, according to the company's website.
Is DigitalOcean publicly traded?
Yes. DigitalOcean is a public company, with a market capitalisation of $16B in September 2026.
How much funding has DigitalOcean raised?
DigitalOcean raised $150M across two funding rounds. The last was a $50M Series C in September 2020.
How many employees does DigitalOcean have?
DigitalOcean had 906 employees in April 2021.
Who is the CEO of DigitalOcean?
Yancey Spruill is the CEO of DigitalOcean.
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How this page is sourced
4 from public sources. 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 Oct 12, 2026Data disclaimerReport a correctionClaim this profileRun DigitalOcean? Join the podcast