What Code Ocean does

Code Ocean is a cloud-based SaaS company founded in 2016 that provides a computational research platform for data-heavy science. The company's core offering uses a proprietary technology called Compute Capsule to package data, analysis code, and compute environments into portable, reproducible units that researchers can share, replicate, and modify across different setups. Headquartered in New York with a Tel Aviv office, Code Ocean targets biopharmaceutical organizations and scientific research institutions that need to standardize workflows, reproduce experiments, and collaborate securely across disciplines.

The platform is built natively on AWS infrastructure (Amazon Bedrock and EC2). In March 2026, the company released version 4.0 introducing Trusted Agents — Aqua, a natural language AI assistant for scientists, and Cline, a coding agent for Visual Studio Code — which provide secure, auditable access to agentic AI capabilities deployed within customers' own AWS environments. A documented deployment at the Allen Institute processes over 1.75 million CPU hours and generates more than 150 TB of reproducible results monthly across 250 researchers supported by a five-person IT team, illustrating the scale of institutional usage.

Code Ocean operates a subscription-based SaaS revenue model with a sales-led go-to-market motion targeting enterprise biopharma and research institutions, supplemented by product-led self-service capabilities for researchers working within governed cloud environments. The company has raised approximately $31.5 million across disclosed funding rounds, with Battery Ventures as the consistent lead investor and M12 (Microsoft's venture fund) co-leading the most recent Series B in May 2022. Leadership is held by co-founders Simon Adar (CEO) and Ram Dayan (CTO), with Marty Kahn as Chairman and Andy Keane as COO.

Name

Code Ocean

Legal name

Code Ocean

Website

https://codeocean.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Code Ocean is a cloud-based SaaS platform that uses proprietary Compute Capsule technology to enable experiment reproducibility and collaboration for biopharma companies and scientific research organizations.

Ownership category

akta.pro rank

Product category

Computational Research Platform

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

General-Purpose Compute (VMs & Bare Metal IaaS) (HDABAAAA)

Keywords

• Computational research platform
• Scientific reproducibility software
• Cloud research workflows
• Biopharma research computing
• Computational notebook platform

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Platform Subscription: Code Ocean generates revenue through subscription-based SaaS licensing of its computational research platform, providing standardized workflows, experiment reproducibility tools, and cloud-based collaboration capabilities to research organizations.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Code Ocean provides a cloud-based SaaS platform that allows computational scientists to standardize, share, reproduce, and modify research workflows. Its core technology is the Compute Capsule, which packages code, data, and the compute environment into a self-contained unit that can be executed in cloud environments such as AWS. The platform is designed for biopharma and scientific research organizations that need reproducible, collaborative computational experiments.

Product overview

Code Ocean provides a unified cloud-based computational research platform designed for scientific collaboration and discovery. The core platform uses Compute Capsule technology to package and reproduce computational experiments, enabling researchers to share, replicate, and modify research techniques. The platform has evolved through multiple versions, with v4.0 introducing Trusted Agents — a feature set comprising Aqua (natural language AI assistant) and Cline (VS Code coding agent) — which provides secure, auditable access to agentic AI capabilities. The platform serves biopharma and scientific organizations, with the Allen Institute as a notable adopter processing over 1.75 million CPU hours and generating 150 TB of reproducible results monthly.

Differentiator

Problem solved

Functional benefit

Brands

• Compute Capsule: Technology used to enhance research reproducibility, collaboration, and security in cloud-based scientific work
• Trusted Agents
• Aqua
• Cline

Products and services

• Code Ocean Computational Research Platform A cloud-based SaaS platform that allows computational scientists to standardize, share, reproduce, and modify research workflows by packaging code, data, and the compute environment into a portable Compute Capsule that runs in customer cloud environments. It is designed for biopharma companies and scientific research organizations that need reproducible, auditable, and collaborative computational experiments.

Quantifiable outcome

• 1.75 million CPU hours processed monthly per customer deployment
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability5 records

Feature3 records

Partnerships

One partnership is on record.

• AWS (Amazon Web Services)coreTechnology or Integration · 2 March 2026Code Ocean's platform version 4.0 is built on AWS infrastructure including Amazon Bedrock and EC2, enabling the deployment of Trusted Agents (Aqua and Cline) within customers' own AWS environments.

Scale indicators6 records

Recent moves4 records

Expansion highlights5 records

Emerging players

• Saturn Cloud: Cloud-based data-science and ML notebooks built on Kubernetes for research and analytics teams — emerging alternative to Code Ocean's Cloud Compute Capsule approach.
• Jupyter (Project Jupyter / nbdev): Open-source standard for reproducible computational notebooks and environments — the free reference platform against which Code Ocean competes on governance and packaging.
• Paperspace (DigitalOcean): GPU/CPU cloud notebooks and compute environments used by researchers and data scientists; comparable compute-and-notebook delivery model for data-heavy science workloads.

Direct peers

• Domino Data Lab: Enterprise data science and MLOps platform that standardizes and governs computational research across pharmaceutical and scientific organizations — same vertical, same reproducibility/governance wedge as Code Ocean.
• Posit (RStudio): Provides data-science authoring, collaboration (Connect), and managed cloud environments aimed at research and analytics teams — directly comparable to Code Ocean's reproducibility/collab mission.
• Anaconda: Distributes Python/R data-science environments and notebooks via a managed commercial platform used by research and enterprise data teams; overlaps with Code Ocean's reproducibility/collab story.
• Weights & Biases: ML experiment tracking, reproducibility and collaboration platform widely adopted in research and biopharma; competes for the same governed-research workflow budget as Code Ocean.

Broad incumbents

• Databricks: Unified data and AI platform with notebooks, ML, and collaboration tooling widely adopted in biopharma and research; competes with Code Ocean for the same governed research-workload budget.
• AWS SageMaker: Hyperscaler ML platform used by research and biopharma teams for governed compute and ML on Bedrock-backed infrastructure; overlaps with the same enterprise AI workloads Code Ocean targets within customers' AWS environments.
• GitHub Codespaces: Cloud-hosted dev environments with collaboration and reproducibility tooling; competes for the cloud computational research budget and pairs with the same VS Code workflows as Cline.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/CodeOceanHQ
• Facebookfacebook.com/codeoceanhq
• LinkedInlinkedin.com/company/code-ocean

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Code Ocean