C
Code Ocean
Great computational research that is created, organized, and shared in one place
About Code Ocean
Code Ocean provides a cloud-based computational research platform aimed at enhancing the reproducibility and efficiency of scientific discovery. Founded in 2014 by Simon Adar and Ram Dayan, the company originated from Adar's postdoctoral work at Cornell Tech, where he identified critical gaps in the tools available for computational science. Adar, with a background in signal processing and experience at the German Space Agency, teamed up with Dayan, who brought over 30 years of programming experience to build the platform. The company has secured significant funding, including a $16.5 million Series B round in May 2022, to fuel its growth and platform development.
The company's core offering is a Software-as-a-Service (SaaS) platform that functions as a digital lab for computational scientists. It primarily serves the biopharmaceutical, biotechnology, and academic research sectors, with clients like Sema4, Champions Oncology, and the Allen Institute. The business model centers on providing this integrated environment to standardize research workflows, manage data, and ensure that computational experiments are fully traceable and reproducible. This addresses a significant challenge in scientific research where results are often difficult to replicate due to variations in code, data, and computing environments.
The platform's central feature is the "Compute Capsule," an executable and shareable container that encapsulates the code, data, computational environment, and results of a research project. These capsules are version-controlled using Git and built on Docker technology, ensuring that an analysis will run identically every time, now or in the future. The platform integrates with common data science tools like Jupyter, RStudio, and MLflow, and operates on cloud infrastructure such as AWS, allowing researchers to provision necessary computing resources like CPUs and GPUs on demand. By automating infrastructure management and providing a collaborative space, Code Ocean enables scientists to focus on research rather than DevOps, ultimately accelerating the pace of discovery.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- New York City, United States
- Employees
- 36
- Open positions
- 2
- Dealroom signal
- 80.1/100
- Industry
- Health
- Sub-industry
- Pharmaceutical, BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Spinout, Tech for Biotech and Pharma, Techbio, Techbio Drug Discovery, DT and LS, science-based
- Technology
- Artificial Intelligence, Deep Tech
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | May 2022 | $17M | $66M | Battery Ventures · M12 | ↗ |
| SERIES A✓Equity / VC | May 2021 | $15M | $60M | Digitalis Ventures · EBSCO Capital · Vaal Investment Partners · Battery Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Code Ocean is 51K monthly website visits, down 21.5% over the last three months. Code Ocean's team grew 20% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
Battery Ventures
Digitalis Ventures- ECEBSCO Capital
- VPVaal Investment Partners
M12
Other known investors2 additional known investors
Cornell Tech
Cornell University
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Code Ocean on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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