DigitalOcean logo
Founded 2012


2021 Revenue







About DigitalOcean

DigitalOcean is a cloud computing platform that provides a cloud platform to deploy, manage, and scale applications of any size. Its infrastructure and platform-as-a-service solutions provide a no DevOps required experience, allowing developers to focus their energy on creating innovative software. By combining the power of simplicity, love for the developer community, an obsession for customer service, and the advantages of open source, DigitalOcean brings software development within the technical and economic reach of anyone around the world. DigitialOcean was formed in 2012 and is headquartered in New York, NY, USA.

Monthly Revenue


+ $6.8M (29.35%)
Total Expenses


Net Income


Ebidta Margin


YOY Growth


Rule of 40



New YorkNew YorkUnited States

DigitalOcean Revenue vs Funding



In 2021, DigitalOcean revenue run rate hit $357.0M in revenue.


Funding History

DigitalOcean has raised a total of $455.4M.

Why are so many SaaS founders taking money from instead of VC's?
Funding DateRoundTotalValuation


DigitalOcean has 700K customers.

Lifetime Months

Monthly ARPU

Lifetime Dollars

Acquisition Cost

Average Annual Price



DigitalOcean has an annual churn rate of 0.00%

Churn vs Expansion

Gross Annual Dollar Churn


Annual Dollar Expansion


Net Revenue Retention




DigitalOcean has 619 employees. They have 7 sales reps that carry a quota They have an engineering team of 257. and a marketing team of 21.


Total Team Size



257 (42%)


7 (1%)


21 (3%)


Yancey Spruill


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DigitalOcean Board of Directors

Pueo  KefferBoard of Director
Steve DowBoard of Director
Peter LevineBoard of Director
Amy ButteBoard of Director
Ben UretskyBoard of Director
Brad GillespieBoard of Director
Moisey UretskyBoard of Director

DigitalOcean Executives

Yancey SpruillChief Executive Officer
Bill SorensonChief Financial Officer
Carly BrantzChief Marketing Officer
Jeff  GuyChief Operating Officer
Matt NormanChief People Officer
Barry CooksChief Technology Officer

DigitalOcean Employees

Al SeneVice President Of Engineering
Danielle FisherVice President of Customer Support
Brian EricksonVice President of FP&A at DigitalOcean
Adrienne CalderoneVice President of Finance
Chris HigginsVice President of Infrastructure
Apurva JoshiVice President of Products
Arif KadirVice President of Revenue Marketing
JJ FestosoVice President of Strategic Sourcing
Rafael MojicaVice President of User Experience

Frequently Asked Questions about DigitalOcean

When was DigitalOcean founded?

DigitalOcean was founded in 2012.

Who is the CEO of DigitalOcean?

The CEO of DigitalOcean is Yancey Spruill

How many employees does DigitalOcean have?

DigitalOcean has 619 employees.

How much revenue does DigitalOcean generate?

DigitalOcean generates $357.0M in revenue.

How much funding does DigitalOcean have?

DigitalOcean has raised $455.4M.

Where is DigitalOcean headquarters?

DigitalOcean is headquartered at New YorkNew YorkUnited States

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