Fundraising Fox

Depot

YC W23

Founded 2022 Β· 8 employees Β· 10 known investors

Depot is a cloud-based build platform that accelerates software compilation and integration with container tools to reduce developer wait times. It targets software development teams seeking to improve build performance and reduce infrastructure bottlenecks.

Also known as Depot Technologies Β· depot.dev

Founders & leadershipΒ· Y Combinator alumni (W23)

Depot was founded in 2022 by Kyle Galbraith and Jacob Gillespie.

KGKyle Galbraith
Kyle Galbraithin𝕏Co-Founder & CEOBased originally in Portland, Oregon, he relocated to France in 2022.
JGJacob Gillespie
Jacob Gillespiein𝕏Co-FounderJacob Gillespie is cofounder and CTO of Depot.

Investors Β· 10

Also in the syndicate Β· 6

Ben PorterfieldDavid LiebEdith HarbaughJonathan CranSolomon HykesTravis McPeak

Funding

SEC filings, press & company announcements

$10M disclosed across 1 of 5 rounds Β· 2023–2026

Source: company announcements and press reports β€” follow each round's link for the claim.

Company profile

researched Aug 2026

Depot operates a cloud build and continuous-integration platform aimed at removing compute bottlenecks from software delivery pipelines. Its original product is a remote container build service positioned as a drop-in replacement for `docker build` (`depot build`), with native Intel (x86) and Arm image support that avoids QEMU emulation, automatic persistent layer caching and cache sharing across a team, build insights and ephemeral registries. The company subsequently added managed GitHub Actions runners that route existing workflow jobs to dedicated AWS EC2 instances, marketed as up to 10x faster and at half the cost of GitHub-hosted runners.

The platform has since broadened into a wider set of products: Depot CI, a programmable CI engine that runs existing GitHub Actions (and GitLab CI) workflow syntax with parallel steps, built-in caching, SSH debugging, custom images, snapshotting and per-second billing; Depot Cache, distributed remote caching for Bazel, Go, Gradle, Maven, Turborepo, sccache, moonrepo and Pants usable from any CI provider or local development; Depot Registry, an OCI-compliant registry with pull-through cache; a Build API for platforms to build container images on behalf of their own customers via gRPC, Connect and HTTP/JSON with language SDKs; a Sandbox SDK exposing Depot's microVMs as a programmable primitive; and Depot Managed, which deploys the Depot data plane inside a customer's own AWS account, including GPU support. Internally the CI engine is described as comprising an orchestration layer ("Switchyard") that dispatches workflows, resolves dependencies and performs durable checkpoint replay, and a compute layer that provisions and executes tasks. In 2026 the company launched Depot Metal, a next-generation compute and storage platform, and Depot Code, a diskless git server in private beta.

Depot markets itself around measured speedups, publishing live benchmarks of open-source repositories (for example PostHog at 24x, grpc at 8.9x, Zed at 2.3x) and a counter of customer build hours saved. Named users include PostHog, Wistia, Semgrep, Appsmith, Secoda, PlanetScale, JaneApp, TicketSwap, Unkey, Astral, Poolside and Equall.

Founding story

Kyle Galbraith and Jacob Gillespie worked together as staff engineers for about 4.5 years at Thorn and Era Software before founding Depot. According to Y Combinator, they built Depot in response to repeatedly encountering inefficient container build tooling and slow, non-performant CI systems across generic providers throughout their careers.

Business model

Depot sells cloud build and CI infrastructure as a paid subscription/usage service, with self-serve signup, a 7-day free trial requiring no credit card, per-second billing on its CI engine, and a Depot Managed option that deploys the data plane in the customer's own AWS account. It also exposes a Build API and SDKs so platform companies can embed container builds for their own customers.

Usage-based and subscription pricing for build minutes/compute and cache, including per-second billing on Depot CI; runners are positioned at roughly half the cost of GitHub-hosted runners. Sources do not disclose revenue figures.

Traction

Reported traction includes more than one million builds per month, about 3,000 users across 1,800 organizations, and an estimated 13,750 build hours saved per week (a website counter cites over 360,740 hours saved in a recent week). Public logos include PostHog, Wistia, Semgrep, Appsmith, Secoda, PlanetScale, Astral, Poolside and others. Cumulative disclosed funding is reported at $16.0M across three rounds, and the team is listed at eight people by Y Combinator and Startup Intros, although the company's about page lists roughly twenty named staff.

Latest developments

During 2026 Depot announced Depot Metal, a next-generation compute and storage platform on which Depot CI and Sandboxes now run with benchmarked 30% faster workloads (July 2026); Depot Code, a diskless git server in private beta (July 2026); the Sandbox SDK in private beta (June 2026); SOCI v2 index generation in container builds (June 2026); step retry and parallel steps in Depot CI; JUnit test-result reporting with timing-based test splitting (July 2026); macOS 26 (Tahoe) GitHub Actions runners (June 2026); availability in the Stripe Projects developer preview (July 2026); and an early-beta Depot app in Origin code hosting (August 2026). The $10M Series A was announced in March 2026.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Depot positions itself as a faster, cheaper alternative to default CI compute β€” principally GitHub-hosted Actions runners and standard Docker builds on generic CI providers β€” competing on build speed, cache throughput, cost and observability rather than on breadth of DevOps tooling. It is an early-stage, venture-backed developer-infrastructure company with a small team relative to the incumbents it targets, and has been extending from build acceleration toward a full CI, source-control and sandbox platform.

Drop-in compatibility (replacing `docker build` with `depot build`, or swapping the GitHub Actions `runs-on` label) combined with persistent distributed caching shared across a team and local development; emulation-free native Arm and Intel builds; per-second billing and unrestricted concurrency; observability features such as build/CI metrics, logs, test results, failure fingerprints and Datadog CI Visibility integration; and the option to run the data plane inside the customer's own AWS account.

Technology

Depot runs builds and CI jobs on performance-tuned cloud compute, largely AWS EC2 (m7a instances cited as ~30% more performant than alternatives, Graviton for Arm), with a dedicated instance launched per job and terminated afterwards, public IPv4 per instance to avoid shared rate limits, and networking up to 1.5 GB/s. A distributed cache cluster backed by S3 and Ceph provides persistent Docker layer cache and CI cache without GitHub's 10 GB per-repo limit. The CI engine uses microVMs that boot in under a second, durable checkpoint replay, snapshotting, parallel step execution and SSH debugging; engineering posts describe a custom device-mapper control plane replacing LVM for faster block-device assembly, TLA+ formal verification of the registry garbage collector, SOCI v2 seekable-image index generation at build time, and durable Lambda functions with distributed tracing. Interfaces include a CLI, gRPC/Connect/HTTP-JSON APIs and a TypeScript Sandbox SDK.

Go-to-market

Bottom-up, developer-led distribution: free trial without credit card, drop-in replacements for existing commands and workflow labels (changing `docker build` to `depot build`, or the `runs-on` label), extensive documentation and integrations with CI providers, infrastructure-as-code and compute platforms, plus a technical blog, developer-community and events staffing, and Y Combinator launch posts. The team also includes solutions engineering, enterprise support and a VP of Revenue, indicating a sales-assisted motion for larger accounts. Distribution partnerships include the Stripe Projects developer preview and an app in Origin code hosting.

Software engineering teams and DevOps organizations that run container builds and CI pipelines, from individual developers to fast-growing technology companies and enterprise accounts; also platform companies that need to build container images on behalf of their own users. Publicly cited customers include PostHog, Wistia, Semgrep, Appsmith, Secoda and PlanetScale.

Geography

Sources give conflicting location data: Startup Intros lists an HQ in Atlanta, GA while its narrative text says the company is based in Portland, Oregon. The founders are distributed internationally β€” Kyle Galbraith relocated from Portland, Oregon to Montpellier, France in October 2022, and Jacob Gillespie is a US expat living in the UK. Compute infrastructure for GitHub Actions runners is hosted in AWS us-east-1.

History

Depot was incorporated in January 2022 by Kyle Galbraith (CEO) and Jacob Gillespie (CTO). A private beta launched in May 2022 and a public launch followed in July 2022. The company joined Y Combinator's Winter 2023 batch (partner Nicolas Dessaigne). A seed round of about $2M is recorded for July 2023, a $4.1M seed round closed in August 2024, and a $10M Series A was announced in March 2026. Product scope expanded from container builds to managed GitHub Actions runners, Depot Cache, Depot Registry, the Build API, Depot CI, Sandboxes, Depot Metal and Depot Code.

Risks & controversies

No controversies are reported in the sources. Notable data caveats: third-party aggregator figures conflict with company sources (total funding of $16.0M across three rounds versus the internal $10M disclosed figure; headquarters listed as both Atlanta and Portland; team size of 8 versus about twenty named staff on the company's about page). The business depends heavily on the GitHub Actions ecosystem and on AWS as its compute provider, and company blog posts explicitly frame GitHub as "the wrong shape" for current workflows while the product is simultaneously built around GitHub Actions compatibility.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Benchmark: PostHog/posthog buildJan 202624x faster β€” 7m 1s with Depot vs 169m 55s without
Builds per monthJan 20261,000,000 builds
Customer build hours saved per weekJan 2026360,740 hours
Docker build speedupJan 2026Up to 40x faster container builds
Estimated build hours saved per weekJan 202613,750 hours
Funding roundsMar 20263
HeadcountAug 202660
Organizations servedJan 20261,800
Team sizeJan 20268 employees
Total funding raisedMar 2026$16M
UsersJan 20263,000

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

Founder mafia

2 people who came through Depot went on to found or lead other companies.

Competitors Β· 8

by search overlap
Docker412 shared keywordsDocker provides containerization and application development platform tools including sandboxes, governance, and security solutions for developers.
Blacksmith132 shared keywordsBlacksmith processes jobs and serves developers and organizations. The page does not clearly describe the core product or service offering.
Earthly114 shared keywordsEarthly offers Lunar, a platform that converts engineering standards, compliance mandates, and incident-response actions into deterministic guardrails enforced across pull requests and CI/CD pipelines for both human-written and AI-generated code. It targets platform engineering, SRE, and compliance teams, integrating with GitHub, GitLab, and tools like Claude Code, Cursor, and OPA.
Qiita109 shared keywordsQiita is a knowledge-sharing platform where engineers post, share, and edit technical articles, and follow users and tags. It serves software engineers and developers, primarily in Japan, as a community content and knowledge-sharing service.
GitLab109 shared keywordsGitLab is an intelligent orchestration platform for DevSecOps that enables teams and AI agents to collaborate on the full software development lifecycle, from planning through deployment, with integrated security and compliance capabilities.
CyberPanel102 shared keywordsCyberPanel is a free web hosting control panel built on OpenLiteSpeed that lets users deploy and manage unlimited websites, WordPress installs, email, DNS, databases, backups, and Docker apps from a single dashboard. It targets self-hosting users, agencies, and resellers, and also offers optional paid add-ons plus managed cloud VPS, email delivery, VPN, and managed WordPress hosting services.
Circleci90 shared keywordsCircleCI develops continuous integration and continuous delivery (CI/CD) tooling that helps software development and developer-experience teams build, test, and ship code faster and more reliably. It serves engineering teams and businesses across the software delivery lifecycle.
CLOUDBEES, INC.90 shared keywordsCloudBees Unify Feature Management is a control layer for software delivery that decouples code deployment from customer exposure, letting engineering teams ship continuously while leaders retain visibility, governance, and risk control. It integrates with existing DevOps toolchains to provide Git-native release controls, real-time exposure management, and auditable governance for enterprises.

Companies competing with Depot for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline Β· 15

launches, deals, and filings
Aug 2026
Depot CI available in Origin

Early beta of a Depot app in Origin code hosting that runs existing GitHub Actions workflows on Depot CI.

source β†—

Jul 2026
Test results in CI jobs

JUnit reporting for Depot CI and Depot GitHub Actions jobs, with test splitting by historical timing.

source β†—

Jul 2026
Depot available in Stripe Projects developer preview

Depot joined the Stripe Projects developer preview, allowing setup from the terminal to create or link an organization, pick a plan, and receive a token.

source β†—

Jul 2026
Depot Code private beta

Diskless git server backed by blob storage that mirrors GitHub repositories and integrates with Depot CI.

source β†—

Jul 2026
Depot Metal

Next-generation compute and storage platform; Depot CI and Sandboxes run on it, with benchmarks cited at 30% faster workloads.

source β†—

Jun 2026
Depot Sandbox SDK (private beta)

TypeScript SDK exposing the microVMs behind Depot CI as a programmable primitive.

source β†—

Jun 2026
SOCI v2 support for Depot container builds

Container builds can generate Seekable OCI (SOCI) v2 index metadata at build time so compatible runtimes can lazy-load images.

source β†—

Mar 2026
$10M Series A

Series A led by Felicis with Pioneer Fund and Y Combinator participating (Startup Intros dates the round 2026-03-11; YC news dates it 2026-03-10).

$10M source β†—

Aug 2024
$4.1M seed round

Seed funding round completed; reported by VentureBeat as raised to speed software builds by 40x.

$4.1M source β†—

Jan 2024
Managed GitHub Actions runners for AWS

YC launch of Depot-managed GitHub Actions runners that route jobs to dedicated AWS EC2 m7a instances, integrated with Depot's distributed cache cluster; Arm runners on Graviton in beta.

source β†—

Jul 2023
$2M seed round

Seed round with participation from Afore Capital, Sequoia Capital and David Lieb, per Startup Intros.

$2M source β†—

Jan 2023
Joined Y Combinator (Winter 2023 batch)

Depot participated in Y Combinator's Winter 2023 batch; primary partner listed as Nicolas Dessaigne.

source β†—

Jul 2022
Public launch

source β†—

May 2022
Private beta launch

source β†—

Jan 2022
Initial incorporation

Depot was incorporated in January 2022.

source β†—

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

In the news

β–ΈResearch sources Β· 8

primary sources listed

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

Frequently asked questions

What does Depot do?
Depot is a developer build-acceleration platform offering fast container builds, GitHub Actions runners, remote caching and a CI engine.
Who founded Depot?
Depot was founded by Kyle Galbraith, Jacob Gillespie in 2022.
Who are Depot's investors?
Depot's investors include Y Combinator, Aviso Ventures, Felicis Ventures, Kima Ventures.
How much funding has Depot raised?
Depot has disclosed $10M raised across 1 of its 5 known rounds.