Digitalocean Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Digitalocean

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Digitalocean Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	500 - 1,000Exact Company Size
Primary Industry	51821 Data Centers & Hosting Services
Additional NAICS Codes	541512 Computer Systems Design Services
Address	101 6th Ave New York, NY 10013

Note: Revenues for privately held companies are statistical evaluations.


Digitalocean's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Digitalocean's annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • Digitalocean is classified as operating in the Data Centers & Hosting Services industry, NAICS Code 51821.

Digitalocean Annual Revenue and Growth Rate

Digitalocean	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$100 - $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Digitalocean's revenues are gauged from an analysis of company filings.

Digitalocean's Income Statement (based on Industry Averages)

Digitalocean P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Digitalocean has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
September 13, 2021	12	100%	$35 MM
Complete list of funding rounds and total amounts in the Company Report

Trademark Applications

Trademark applications show the products and services that Digitalocean is developing and marketing. Digitalocean doesn't have any recent trademark applications, indicating Digitalocean is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
CLOUDWAYS Recorded and downloadable computer application software for mobile phones, tablets, handheld computers and computers, namely, software for use in electronic storage of data; Recorded and downloadable computer programs for connecting remotely to computers or computer networks; downloadable software for the management of storage and network resources; Recorded and downloadable cloud-computing software for deploying virtual machines to a cloud computing platform; downloadable cloud computing software for managing virtual machines on a cloud computing platform; downloadable network access cloud server operating software	01/05/2021
NANOBOX Downloadable computer software development tools; Recorded computer software development tools; Downloadable computer software for administration of computer networks; Downloadable computer software for application and database integration; Downloadable computer software to automate data warehousing; Downloadable network access server operating software; Downloadable web site development software	05/01/2019
DIGITALOCEAN 1-CLICK APPS Platform as a service (PAAS) featuring computer software platforms for launching and scaling applications; hosting of solid state device cloud servers for launching and scaling applications; providing temporary use of online non-downloadable cloud computing software for electronic and online storage of data, files and other digital content	02/13/2019

See all trademarks and details in the Full Report.

Market Share of Digitalocean's Largest Competitors

A competitive analysis shows these companies are in the same general field as Digitalocean, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
UBER TECHNOLOGIES	San Francisco, CA	100
CONDUENT BUSINESS SERVICES	Florham Park, NJ	31
AUTOMATIC DATA PROCESSING	Roseland, NJ	29
SOCIOS BUENOS	Atlanta, GA	12
BROADRIDGE FINANCIAL SOLUTIONS	New Hyde Park, NY	11
STRATEGIC LIMITED PARTNERS	Grapevine, TX	10
EXPERIAN INFORMATION SOLUTIONS	Costa Mesa, CA	8
HUBSPOT	Cambridge, MA	6
ROKU	San Jose, CA	4

Nearby Competitors

These companies are similar in business line and location to Digitalocean. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
MONGODB	New York, NY	100
DIGITALOCEAN	New York, NY	27
SPRINKLR	New York, NY	25
GROUP NINE MEDIA	New York, NY	22
COMPLY	New York, NY	11
BITLY	New York, NY	11

Future Competition: Digitalocean's Fastest Growing Competitors

These companies are in the same general field as Digitalocean and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)