RStudio Funding, Investors & Competitors

RStudio has raised $166M across 3 funding rounds, most recently a $3M seed round in June 2022.

Last RStudio funding round

$3M

Seed · Jun 2022

Cumulative funding RStudio raised

$166M

across 3 funding rounds

RStudio Overview

About RStudio

RStudio is a Boston-headquartered provider of software tools enhancing the R programming language for data science and statistics. Core products include the RStudio IDE for code editing across Windows, macOS, and Linux; Shiny for interactive web apps; R Markdown for reproducible reports mixing code, text, and output; and Posit Connect for deploying applications. Founded in 2008, the company rebranded to Posit in 2022 and serves enterprises like Merck, CERN, and NASA with enterprise editions featuring collaboration and security features.


Founded

2009

HQ

United StatesBoston, MA

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

RStudio Funding History

RStudio has raised a total of $166M across 3 funding rounds.

RStudio's first fundraising round was a $161M undisclosed-stage round in June 2021. The most recent completed round was a $3M seed round in June 2022.

RStudio funding rounds

RStudio funding rounds
DateStageRaisedDeal Summary
Jun 2022Seed$3MRStudio, now known as Posit, develops open-source and commercial software tools for the R programming language focused on data science and analytics. The company raised a total of $166.38M across 6 funding rounds, including an unattributed VC round on June 17, 2022. Investors in prior rounds included Baseline Ventures and General Catalyst.
Apr 2022Seed$3M-
Jun 2021Undisclosed stage$161M-

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Investments by RStudio

RStudio has invested in 1 company to date.

Latest investment by RStudio was on December 10th 2020. RStudio invested in Ursa Computing in their $5M Seed round.


Latest Investments by RStudio

Ursa Computing
Description
Ursa Computing is a developer of enterprise software empowering data teams with tools for machine learning and AI workflows. Headquartered in Tel Aviv, Israel, it offers platforms accelerating data processing, model training, and deployment for organizations handling large-scale analytics.
HQ CountryUnited States
HQ City
San Francisco, CA
Deal Date10 Dec 2020
RoundSeed
Raised$5M
InvestorsGV; Walden International; Nepenthe Capital; Amplify Partners
Valuationundisclosed
EV/Revenue
EV/EBITDA

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RStudio Competitors

RStudio competitors include listed companies like Cloudflare, Datadog, Atlassian and MongoDB, and private ones like Anthropic and OpenAI.

Public and private companies comparable to RStudio
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AnthropicUnited StatesSan Francisco, CAPrivate$47B-$965B20.5x
OpenAIUnited StatesSan Francisco, CAPrivate$25B-$852B34.1x
CloudflareUnited StatesUnited StatesPublicly listed$2.2B($25M)$119B44.3x
DatadogUnited StatesUnited StatesPublicly listed$3.4B($588K)$85B19.4x
AtlassianAustraliaAustraliaPublicly listed$6.6B$142M$49B7.2x
MongoDBUnited StatesUnited StatesPublicly listed$2.5B($104M)$32B10.4x

RStudio Public Comps

RStudio is still privately-owned, but its public comps include Cloudflare, Datadog, Atlassian, MongoDB, DigitalOcean, JFrog, GitLab, Justsystems, C3.ai and Progress Software.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Cloudflare$2.2B($25M)54.6x44.3x(4653.4x)185.1x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
Atlassian$6.6B$142M7.4x7.2x342.1x23.7x
MongoDB$2.5B($104M)11.9x10.4x(282.5x)49.6x
DigitalOcean$901M$343M18.2x14.9x47.9x37.7x
JFrog$532M($67M)20.3x17.4x(159.9x)88.4x
GitLab$955M($82M)7.5x6.7x(87.0x)44.3x
Justsystems$331M$156M3.1x3.2x6.7x-

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Common questions about RStudio

When was RStudio founded?RStudio was founded in 2009.
Where is RStudio headquartered?RStudio is headquartered in Boston, MA, United States.
Is RStudio publicly listed?No, RStudio is a private company.
How much funding has RStudio raised?RStudio has raised $166M across 3 funding rounds.
What was RStudio's last funding round?RStudio's last funding round was a $3M seed round in June 2022.
Which companies are comparable to RStudio?Companies comparable to RStudio include Anthropic, OpenAI, Cloudflare, Datadog, Atlassian and MongoDB.
How many companies has RStudio invested in?RStudio has invested in 1 company, including Ursa Computing.
What was RStudio's last investment?In December 2020, RStudio invested in Ursa Computing's $5M seed round alongside GV, Walden International, Nepenthe Capital and 1 other investor.

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