Fundraising Fox

Code Ocean

New York, US · Delaware corporation · 5 known investors

Code Ocean is a cloud computational research platform for reproducible code, data and environments in science.

Also known as Code Ocean

Founders & leadership

SA
Simon AdarFounder

Board

ST
Scott TobinBoard director
JRJoshua Ruch
Joshua RuchinBoard directorCo-Founder & Managing Partner at Rho Ventures
MK
Marty KahnBoard director

Investors · 5

Also in the syndicate · 1

M12lead

Reported raises · per SEC filings

Form D private placements

$35.6M disclosed across 6 of 7 rounds · 2016–2022

$16.5MraisedJun 2022 · 14 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Simon AdarExecutive Officer, Director
  • Martin KahnDirector
  • Scott TobinDirector
  • Joshua RuchDirector
Offering amount
$16.5M
Amount sold
$16.5M
First sale
Mar 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2MraisedMay 2021 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Marty KahnDirector
  • Scott TobinDirector
  • Joshua RuchDirector
  • Simon AdarExecutive Officer, Director
Offering amount
$5M
Amount sold
$2M
First sale
Apr 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.2MraisedJun 2020 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Simon AdarExecutive Officer, Director, Promoter
  • Joshua RuchDirector
  • Martin F. KahnDirector
  • Scott TobinDirector
Offering amount
$3.2M
Amount sold
$3.2M
First sale
Jun 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$8.8MraisedJun 2019 · 9 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Scott TobinDirector
  • Simon AdarExecutive Officer, Director
  • Martin F. KahnDirector
  • Joshua RuchDirector
Offering amount
$12.8M
Amount sold
$8.8M
First sale
Jun 2019
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.5MraisedJul 2017 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Marty KahnDirector
  • Simon AdarExecutive Officer, Director
  • Joshua RuchDirector
Offering amount
$2.5M
Amount sold
$2.5M
First sale
Jun 2017
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.5MraisedNov 2016 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Simon AdarExecutive Officer, Director
Offering amount
$2.5M
Amount sold
$2.5M
First sale
Nov 2016
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Code Ocean operates a cloud-based computational research platform used by enterprises, academic researchers and discovery teams to create, organize and share the code, data, computing environment and results behind a research project. The central unit of the platform is the Compute Capsule, a container technology that bundles metadata, code, data and environment so that a computational experiment can be preserved, reproduced, reused and shared. The platform is language agnostic and provides cloud workstations for RStudio, Jupyter, Terminal, MATLAB and Shiny, and automates the use of underlying open-source tooling such as Docker, git repositories and Nextflow.

The product includes capsules and pipelines, data assets, collections, apps, MLflow and model management, an activity center, Git provider integration and a public API, along with agent-oriented functionality (Aqua & Agents). In its earlier positioning the platform offered researchers and developers a way to share, discover and run code published in academic journals and conferences, with published software code and data openly accessible to view and download and executable in the cloud on CPUs or GPUs without local installation.

Founding story

Founder and CEO Simon Adar started the company through the Cornell Tech Runway Startup Postdoc program in 2014.

Business model

Code Ocean is described as a SaaS platform for computational research laboratories, sold to enterprises and research organizations, with a documented product covering capsules, pipelines, data assets, apps and model management.

SaaS platform for computational research.

Traction

The platform has been adopted by biopharma companies including Sema4, Lantern, Champions Oncology, CytoReason and Dragonfly Therapeutics.

Latest developments

The company maintains an actively updated product with user guide version 4.6.0 documenting features such as Code Ocean Apps, Aqua & Agents, MLflow and model management, Git provider integration and pipelines.

Full profile — market position, technology, go-to-market, geography, history

Market position

Positioned as a computational research and reproducibility platform serving scientific collaboration and discovery across disciplines, with adoption among biopharma organizations.

Differentiation centers on the Compute Capsule container, which preserves the full triplet of code, data and computing environment to guarantee reproducibility of computational experiments over time, and on automating open-source tooling into a managed cloud research environment.

Technology

The core technology is the Compute Capsule, a container format for science that encapsulates code, data and the computing environment in a reproducible, archival and executable package. It builds on the concept of Open Science to allow migration of code and data across platforms and automates Docker, git repositories, Nextflow and other open-source technologies. The platform is language agnostic and offers cloud workstations including RStudio, Jupyter, Terminal, MATLAB and Shiny, running on cloud CPUs or GPUs, plus MLflow and model management, Git provider integration and an API.

Go-to-market

Sold as a SaaS digital lab to research-driven organizations, notably biopharma companies, supported by documentation, onboarding guides, a support team and a community Slack workspace; hiring in sales and marketing followed the 2022 Series B.

Enterprises, researchers and discovery teams, including biopharma companies and academic researchers publishing code in journals and conferences.

Geography

Headquartered in New York, NY, with a cloud-delivered platform.

History

Code Ocean was developed by founder and CEO Simon Adar as a Runway Startup Postdoc project at Cornell Tech beginning in 2014, and is based in New York. In May 2022 the company raised a $16.5M Series B led by Battery Ventures and M12 to expand operations and hiring across engineering, science, marketing and sales.

Compiled by commissioned research from 3 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
User guide / product versionJan 2026v4.6.0

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 1

launches, deals, and filings
May 2022
Code Ocean raises $16.5M Series B led by Battery Ventures and M12

Code Ocean raised $16.5M in Series B funding led by Battery Ventures and M12, intended to expand operations, including hiring across engineering, science, marketing and sales, and its business reach.

$16.5M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Code OceanDelaware

In the news

Research sources · 3

primary sources listed

3 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Code Ocean do?
Code Ocean is a cloud computational research platform for reproducible code, data and environments in science.
Who founded Code Ocean?
Code Ocean was founded by Simon Adar.
Who are Code Ocean's investors?
Code Ocean's investors include Battery Ventures, Digitalis Ventures, M12 (Microsoft's Venture Fund), Rho Ventures.
How much funding has Code Ocean raised?
Code Ocean has disclosed $35.6M raised across 6 of its 7 known rounds.
Where is Code Ocean headquartered?
Code Ocean is headquartered in New York, US.