Gearset Receives $55M in Growth Funding


Gearset, a Cambridge, UK-based provider of DevOps solutions for Salesforce, raised $55M in funding.

The round was led by Silversmith Capital Partners. As part of the investment, Silversmith’s Sri Rao has joined Gearset’s Board of Directors.

The company intends to use the funds to expand its product offering, grow sales and marketing, and scale the team across the US and UK.

Co-founded by Kevin Boyle and Matt Dickens, Gearset offers a Salesforce DevOps solution, with tools for deployment success, continuous delivery, automated testing and backups.

The company’s core offering can be used as a standalone platform for teams new to DevOps or integrated with existing tools and processes. The platform offers a UI letting teams compare and deploy changes between Salesforce environments, work with git, and configure automated pipelines to continuously deliver changes from development through to production. Users also benefit from a complete audit history of all deployed changes, automated unit testing, production change monitoring, and backup and rollback of both metadata and data changes, all in a single platform.

Thousands of Salesforce professionals have already used its cloud-based app, running 250,000 deployments a month across more than 1,700 companies from SMB to enterprise organisations including McKesson, Zillow, Traction on Demand, Intercom, Accenture, IBM and Johnson & Johnson.

Over the last year, Gearset has:

  • Run almost 10 million deployments on behalf of more than 1,700 companies, including McKesson, Accenture and IBM.
  • Nearly doubled ARR while maintaining positive cashflow
  • More than doubled headcount
  • Expanded globally with new offices in the United States (Chicago, IL) and Northern Ireland (Belfast)