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Depot

Build faster. Waste less time.

Raised
$10M
Round
Series A
Date
Mar 10, 2026
Industry
Software Development

Overview

Depot, based in Montpellier, France, has raised $10M in a Series A round on Mar 10, 2026, with participation from Felicis. The company build faster. Waste less time. The round will be used to accelerate product development, expand the team, and scale go-to-market operations.

Operating in the software development sector, Depot is positioned to capitalize on growing demand for innovative solutions in this space. The company was founded in 2022 by Kyle Galbraith. Kyle brings deep domain expertise and a track record of execution that attracted investor confidence in this round. With fresh capital, the company is expected to invest heavily in R&D and talent acquisition, signaling a period of aggressive growth ahead.

Market Outlook

The successful raise validates Depot's approach and market opportunity. Industry analysts note that companies at this funding stage typically grow headcount by 40-60% within 12 months and make significant technology purchasing decisions in the first quarter post-funding. This makes Depot's leadership team particularly valuable contacts for B2B outreach in the near term.

Why contact Depot now

Depot's $10M Series A raise signals serious investor confidence in their software development play. In the first 90 days post-funding, startups are 3x more likely to respond to outreach and evaluate new partnerships. Their team is hiring, their budget is unlocked, and they need solutions yesterday.

Founders & Contacts

Investors

Felicis

Company Facts

CompanyDepot
Amount Raised$10M
Funding RoundSeries A
Date RaisedMar 10, 2026
Founded2022
IndustrySoftware Development
FoundersKyle Galbraith
HQ LocationMontpellier, France

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