Code42
Data security SaaS company focused on insider threat detection, helping organizations prevent employees from exfiltrating files and data.
Est. Valuation
$250M
$250,020,000 · 5× ARR estimate
Monthly Revenue (MRR)
$4.2M
$4,167,000/mo
Annual Revenue (ARR)
$50M
$50,004,000/yr
Employees
220
Founded
2011
Code42 Revenue History
Revenue history for Code42 from 2023 to 2026.
| Year | MRR | ARR | YoY Growth | Source |
|---|---|---|---|---|
| 2023 | $4,167,000 | $50,000,000 | — | Nov 2023 |
How Code42 Makes Money
Code42 Funding
Code42 is fully bootstrapped with no outside funding. The company has grown to $50,004,000 ARR organically.
Code42 Founders
Joe Payne
CEO
Code42 FAQ
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How We Estimate Code42's Revenue & Valuation
Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:
- Verified — directly confirmed via Stripe integration or audited filings.
- Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
- Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).
Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.
These are estimates, not official figures. Official numbers — when available — will always override estimates.