Code Climate

Code Climate

Provides engineering intelligence for software development

About Code Climate

Simplify's Rating
Why Code Climate is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

11-50

Company Stage

Series C

Total Funding

$72.8M

Headquarters

New York City, New York

Founded

2011

Overview

Code Climate provides engineering intelligence solutions that enhance software development processes. Its main product, Velocity, analyzes data from code commits and pull requests to deliver actionable metrics and insights. These insights help organizations identify workflow bottlenecks, optimize their processes, and boost productivity. Code Climate operates on a subscription-based model, allowing clients to access the Velocity platform for a fee, with a 14-day free trial available for new users. This platform is particularly useful for companies aiming to improve their continuous delivery practices and manage technical debt. Code Climate differentiates itself by focusing specifically on the needs of engineering teams, offering detailed analytics that help diagnose issues and implement improvements. The company's goal is to empower software development teams with the data they need to work more efficiently and effectively.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for remote work tools aligns with Code Climate's offerings.
  • The rise of DevOps practices increases the need for platforms like Velocity.
  • Data-driven decision-making trends support the adoption of Code Climate's insights.

What critics are saying

  • Emerging competitors could erode Code Climate's market share.
  • Rapid technological changes may outpace Code Climate's platform updates.
  • Economic downturns could impact subscription renewals and customer acquisition.

What makes Code Climate unique

  • Code Climate's Velocity platform offers unique data-driven insights for engineering teams.
  • The company focuses on optimizing workflows and reducing technical debt in software development.
  • Code Climate's subscription model allows clients to trial the platform before committing.

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Funding

Total Funding

$72.8M

Below

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
Medium
$50M
Code Climate
$62M
SeatGeek
$100M
Oura

Growth & Insights and Company News

Headcount

6 month growth

ā†‘ 5%

1 year growth

ā†‘ 5%

2 year growth

ā†‘ 2%
Code Climate
Jul 19th, 2022
Code Climate hired Kathleen Rohrecker as Senior Vice President of Marketing on Jul 19th 22'.

Code Climate, creator of the leading Engineering Management Platform, Velocity, today welcomes Kathleen Rohrecker as Senior Vice President of Marketing.

REW Online
Feb 5th, 2022
Code Climate closes offices in 54 West 21st Street

Under the 10-year lease, Code Climate will move its headquarters from 54 West 21st Street to 41,878 square feet of pre-built space across the entire 20th floor of L&Lā€™s landmark office building.

Code Climate
Jan 20th, 2022
Code Climate launches Velocity navigation

Code Climate is introducing a new look for its Velocity navigation!

Code Climate
Dec 7th, 2021
Code Climate hired Bill Serino as VP of Sales on Dec 7th 21'.

Code Climate, the leader in Engineering Intelligence, today announced two key strategic hires, naming Rory Parness as CFO and Bill Serino as VP of Sales.

Business Wire
Dec 7th, 2021
Code Climate Adds Two Tech Industry Experts To Executive Team

NEW YORK--(BUSINESS WIRE)-- #engineeringintelligence--Code Climate, the leader in Engineering Intelligence, today announced two key strategic hires, naming Rory Parness as CFO and Bill Serino as VP of Sales. These tech industry veterans join Code Climate as the company gains momentum on the heels of a successful Series C round of funding closed in August. Parness and Serino are the latest additions to a seasoned executive leadership team brought on in 2021. Code Climate has experienced significant expansion over the past

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