Fundz

Depot raised $4.1M in a seed funding round led by Felicis to enhance its build acceleration platform aimed at speeding up software builds.

PRIVATEAug 22, 2024

Amount Raised

$4.1 Million

Round Type

Seed

BeavertonSoftwareEnterprise SoftwareSaaS

Investors

Tokyo BlackAviso VenturesY CombinatorFelicis

Description

Depot, a build acceleration platform, has announced a $4.1 million seed funding round led by Felicis, with participation from Y Combinator, Aviso Ventures, Tokyo Black, and several angel investors. This funding will help propel Depot's expansion and further enhance its innovative platform for developers.

Quick answer

Depot raised $4.1 Million in a Seed round, dated August 22, 2024. Investors: Tokyo Black, Aviso Ventures, Y Combinator and Felicis. Depot is based in Beaverton, Oregon, United States.

How much did Depot raise?
Depot raised $4.1 Million in a Seed round on August 22, 2024.
Who invested in Depot?
Tokyo Black, Aviso Ventures, Y Combinator and Felicis are named as investors in this round.
What does Depot do?
Depot helps organizations make their software development cycles up to 40x faster.
Where is Depot based and how big is it?
Depot is based in Beaverton, Oregon, United States.
Who are the decision-makers at Depot?
Fundz holds 2 contacts at Depot, including the Vice President of Revenue. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Enterprise Software and SaaS around the same time

Companies in the same sectors as Depot that raised within 45 days of this round, from Fundz verified event records.

  • Avantra raised an undisclosed amount on October 1, 2024.
  • PowerFleet raised $70M on October 1, 2024.
  • Zintlr raised $893K (Seed) on September 30, 2024.
  • CloudZero raised $6M on September 27, 2024.
  • aarna.ml raised $1.2M (Series A) on September 26, 2024.
  • Nmbr raised $7.6M (Seed) on September 24, 2024.

Who to call at Depot, and when

A new round usually means Depot is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Depot raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Depot, from your own LinkedIn network

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Company Information

Company

Depot

Location

Beaverton, Oregon, United States

About

Depot helps organizations make their software development cycles up to 40x faster. Engineers use Depot to accelerate their container image and continuous integration builds to save days of build time per week. Fast-growing companies like PostHog, Wistia, and Semgrep use Depot to innovate faster.

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Fundz sees it the moment Depot raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsChris, Vice President of Revenue hiddenSee plans and pricing
Predictive Intelligence
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Depot raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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