Startup · $268.6m raised

Octopus Deploy

Brisbane, QLD

Funding history

Unnamed stage : $45,600,000

2024

Insight Partners

Reported valuation $882,000,000 post-money per the original report, not confirmed by the company.

Sources: Startup Daily (Fri 10 Oct 2025), SmartCompany, Startup Daily (Wed 8 Oct 2025)
Unnamed stage : $223,000,000

21 Apr 2021 · led by Insight Partners

Sources: Startup Daily (Fri 10 Oct 2025), SmartCompany (Fri 10 Oct 2025), Startup Daily (Wed 8 Oct 2025), Startup Daily (Tue 27 Feb 2024), Startup Daily (Mon 11 Apr 2022), SmartCompany (Tue 1 Feb 2022), SmartCompany (Mon 24 Jan 2022), Startup Daily (Tue 10 Aug 2021), SmartCompany (Wed 21 Jul 2021), SmartCompany (Wed 23 Jun 2021), SmartCompany (Tue 4 May 2021), Startup Daily (Mon 3 May 2021), Startup Daily (Mon 26 Apr 2021), SmartCompany (Thu 22 Apr 2021), Startup Daily (Wed 21 Apr 2021), SmartCompany (Wed 21 Apr 2021), Crunchbase News, TechCrunch Australia

Investors

Every investor coverage indicates participated in a round Octopus Deploy raised.

Investor	Rounds	Invested
Insight Partners	Unnamed stage · Unnamed stage	$268,000,000

Disclosed deals

Every published round Octopus Deploy took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.

Company	Stage	Announced	Amount	Role	Alongside	Sources
No published deals recorded yet.

Portfolio

Companies Octopus Deploy has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
No portfolio companies recorded yet.

Funds

Fund closes reported for Octopus Deploy, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for Octopus Deploy yet.

Portfolio companies acquired

Companies Octopus Deploy has backed that another company then bought. An exit for the holding, not a deal Octopus Deploy did.

Company	Bought by	Kind	Announced	Price
No portfolio company of Octopus Deploy is recorded as having been acquired.

What Octopus Deploy bought

Companies Octopus Deploy acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.

Company	Kind	Announced	Price	Sources
Codefresh	Acquisition	2024	$43m	Startup Daily (Fri 10 Oct 2025), SmartCompany, Startup Daily (Wed 8 Oct 2025), Startup Daily (Tue 27 Feb 2024)

People

Name	Role	Sources
Paul Stovell	CEO · Founder	Startup Daily (Fri 10 Oct 2025), SmartCompany (Fri 10 Oct 2025), Startup Daily (Wed 8 Oct 2025), Ten13, Startup Daily (Tue 27 Feb 2024), Startup Daily (Mon 26 Apr 2021), Startup Daily (Wed 21 Apr 2021), SmartCompany (Wed 21 Apr 2021), TechCrunch Australia
Sonia Stovell	Chief Financial Officer · Founder	Startup Daily (Mon 26 Apr 2021), Startup Daily (Wed 21 Apr 2021), SmartCompany, TechCrunch Australia

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Octopus Deploy

Funding history

Investors

Disclosed deals

Portfolio

Funds

Portfolio companies acquired

What Octopus Deploy bought

People

Coverage

Six ANZ startups that raised $211.1 million this week

Software veteran Octopus Deploy wraps around another $45 million raise

H1 2024 in Review: $100m invested

Queensland quiet software giant Octopus Deploy snaps up US rival for $43 million

Kiwi legal tech LawVu tops up its Series A with an extra NZ$20 million

Ignition Lane's Weekly Wrap: The Great Reengagement, backing Web3, riding the markets & the big local raises

The 10 most-read startup stories on SmartCompany in 2021

The startup funding round: Hospitality tech, Kiwis going global, and Blumenthal's bet on plant-based meat

US VC Insight Partners backs Kiwi legal tech in $16m series A

CTV Funding News - 1H 2021 in Review (Startups)

Non-dilutive capital could keep the rewards of Australia's flourishing tech sector at home

SafetyCulture raises $99 million at a $2.2 billion valuation, but founder Luke Anear is just getting started

Ignition Lane's Weekly Wrap: VC investment peaks, cowtech as bro, Big Tech earnings soar

US VC Insight Partners invests in $95 million round for SafetyCulture at $2.1 billion valuation

Ignition Lane's Weekly Wrap: Tiger is the new Softbank, Accel's 40x, more marketplaces, Zooming into VC

The startup funding round: Tech preventing heart failure, the Airbnb of street art, and digital ‘twins’ for infrastructure

After a decade of bootstrapping, Octopus Deploy raises $172.5M from Insight Partners