DigitalOcean
New York, New York, United States
Market Cap · 2026
$16B
2025 Revenue
$901.4M
Customers
700K
Funding
$150.8M
YOY
15.5%
Avg ACV
$1.3K
Team · 2021
906
Founded
2012
DigitalOcean Revenue, Valuation & Funding (2025)
DigitalOcean generated $901.4M in revenue in 2025. Source: Company Website
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.
Last updated
DigitalOcean Revenue
In 2025, DigitalOcean's revenue reached $901.4M. The company previously reported $780.6M in 2024. Since its launch in 2012, DigitalOcean has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2025 | DigitalOcean revenue for 2025: $901.4m | Company Website |
| 2024 | DigitalOcean revenue for 2024: $780.6m | Company Website |
| 2023 | DigitalOcean revenue for 2023: $693m | s206.q4cdn.com |
| 2021 | DigitalOcean revenue for 2021: $428.6m | Company Website |
| 2012 | Launched with $0 revenue |
DigitalOcean Valuation, Funding Rounds
DigitalOcean has a $16B market cap as of September 2026.
DigitalOcean has raised $150.8M in total funding across 3 rounds, most recently a $750K Secondary Market round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2026 | Market Cap | - | $16B | - | stockanalysis.com |
| 2021 | Post-IPO Equity | - | $5B | - | Not recorded |
| 2020 | Secondary Market | $750K | - | - | Not recorded |
| 2020 | Series C | $50M | $1.2B | 4% | Not recorded |
| 2020 | Series C | $100M | - | - | Not recorded |
Founder / CEO
Yancey Spruill
Chief Executive Officer
As Chief Executive Officer, Yancey drives the overall strategy for DigitalOcean leading the company through its next phase of profitable growth. He brings a wealth of technical, financial, and leadership experience and spent the last 15 years in senior executive roles at technology companies including SendGrid and DigitalGlobe.
Customers
DigitalOcean serves 700K customers.
DigitalOcean Employees & Team Size
DigitalOcean employs approximately 906 people as of 2026, up from 619 in 2020, including 24 sales reps that carry a quota. It serves 700K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 906 employees (April 2021) | Not recorded |
| 2020 | Reached 619 employees (December 2020) | Not recorded |
| 2020 | Reached 500 employees (August 2020) | Not recorded |
Frequently Asked Questions about DigitalOcean
Is DigitalOcean a public company?
Yes. DigitalOcean is publicly traded, with a market cap of $16B as of 2026.
What is DigitalOcean's revenue?
As of 2025, DigitalOcean generated $901.4M in revenue.
When was DigitalOcean founded?
DigitalOcean was founded in 2012.
Who is the CEO of DigitalOcean?
The CEO of DigitalOcean is Yancey Spruill.
How much funding does DigitalOcean have?
DigitalOcean raised $150.8M across 3 rounds.
How many employees does DigitalOcean have?
As of 2021, DigitalOcean had 906 employees.
Where is DigitalOcean headquartered?
DigitalOcean is headquartered in New York, New York, United States.
Compare DigitalOcean to the industry
DigitalOcean operates across multiple industries. Browse revenue, funding, and growth data for DigitalOcean 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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