Image: CodeRabbit / SiliconAngle CodeRabbit Raises $143M as Companies Scramble to Manage AI-Written Code
The AI code review startup closed a $143M Series C at a $1.5B valuation, less than a year after its Series B. Revenue grew more than 5x. The new funding comes with a new product aimed at governing code from both humans and AI agents.
CodeRabbit announced a $143 million Series C on August 12, closing at a $1.5 billion valuation. The round was co-led by Atomico and Smash Capital. New investors include BMW i Ventures, Datadog, Hirtle Callaghan, and SineWave Ventures. CRV, Scale Venture Partners, Flex Capital, and Pelion Venture Partners returned from the Series B.
It’s been less than 12 months since CodeRabbit’s $60 million Series B. In that time, revenue grew more than 5x year-over-year. The platform now runs two million code reviews per week for more than 17,000 customers, including NVIDIA, Adyen, and BMW.
Alongside the funding, the company launched Agentic Change Management, a governance layer for managing code changes from both human developers and AI agents. The product breaks down into three parts:
CodeRabbit Triage scores pull requests by value, dependencies, urgency, risk, and reviewer fit, then routes them accordingly. The pitch is that when both engineers and AI agents are shipping code, review queues become harder to prioritize without tooling.
CodeRabbit Change Stack replaces traditional file-diff views with visual impact analysis focused on domain behavior, system dependencies, and integration risks. Rather than showing what changed line-by-line, it shows what that change does to the system.
CodeRabbit Security performs repository-wide scans, monitors production code, identifies logic vulnerabilities, and generates fix recommendations.
The $10 million pledge to fund free AI code review for open source projects over the next 12 months was also announced alongside the raise.
CEO Harjot Gill framed the problem this way: code no longer originates only from human developers. As AI agents ship more pull requests, the tooling that assumes a human wrote every line starts to break down. The governance angle is CodeRabbit’s bet that this problem gets worse before it gets better, and that organizations will pay for infrastructure to manage it.
Atomico partner Luca Eisenstecken joins the board as part of the deal.
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