Depot Raises $10M in Series A Funding to Accelerate Software Build Infrastructure

Build pipelines have a way of humbling even the best engineers. You write the code, hit run, and then you wait. And wait. What should feel like forward motion starts to feel like standing in line at the DMV of software development. That quiet friction inside CI pipelines has been stealing time from developers for years. Depot looked at that bottleneck and decided the line ends here.

Depot has secured a $10M Series A, led by Felicis with participation from Y Combinator and Pioneer Fund. Add that to the earlier $4.1M seed round backed by Felicis, Y Combinator, Aviso Ventures, Tokyo Black, and a crew of angels who know a thing or two about developer infrastructure. The total stack now sits at $14.1M. Not bad for a company that started with a simple mission: make the slowest part of shipping software disappear.

Congratulations to Founder and CEO Kyle Galbraith and Founder and CTO Jacob Gillespie. The pair looked at the modern software pipeline and asked a blunt question. Why are we still waiting around for builds like it is dial up internet? Their answer became Depot, a platform that accelerates Docker container builds and GitHub Actions runners with remote builds, high performance compute, and distributed caching that turns sluggish pipelines into something closer to a fast lane.

The numbers tell their own story. More than 3,000 users across 1,800 organizations were already running over 1,000,000 builds per month around the time of the seed round. That is not a vanity metric. That is developers reclaiming hours of their week. Depot claims builds can run up to 40 times faster, which means teams can iterate faster, test faster, and ship faster. In the world of CI and developer tooling, speed is not just convenience. It is competitive advantage.

Look at the customers and the pattern sharpens. Companies like PostHog, Wistia, Appsmith, and Semgrep are not dabbling with developer infrastructure. They live inside it. When those kinds of teams adopt a platform, it usually means the product solves a pain that every engineer recognizes but few companies manage to fix.

There is also a subtle lesson in how this round came together. Felicis doubled down from seed to Series A. Y Combinator stayed in the room. Pioneer Fund joined the mix. Investors who live deep in the developer ecosystem tend to recognize 1 thing early. Tools that remove friction from engineering teams do not just scale. They spread, repo by repo, team by team, until the product becomes part of the workflow.

Depot is not chasing hype cycles. It is shaving minutes off the daily grind of software development. In a world where code ships constantly and infrastructure complexity keeps climbing, the company name starts to feel pretty fitting. Builders need a place where the heavy lifting happens fast so the real work can keep moving. And if the pipelines keep getting shorter, the distance between idea and production just got a lot tighter.