Startup profile · funding coverage

CodeRabbit

AI-native control layer for software change — independent code review plus agentic triage, explainability, and post-merge security.

Stage

growth

Status

private

Coverage

full

Overview

CodeRabbit provides AI code review and, as of August 2026, an Agentic Change Management platform (Triage, Change Stack, Security) for governing software changes from humans and AI agents. On August 12, 2026 the company announced a $143 million Series C at a $1.5 billion valuation co-led by Atomico and Smash Capital, with BMW i Ventures, Datadog, CRV, Scale Venture Partners, and others participating. Company-disclosed metrics include more than 5× revenue growth over the prior year, over 2 million code reviews per week, 17,000+ customers, and 150,000 open-source projects.

Why CodeRabbit is interesting

August 2026 Series C ($143M at $1.5B) expands CodeRabbit from AI code review into Agentic Change Management as agent-authored PRs overwhelm human judgment.

Product & use cases

Independent AI code review expanded into Agentic Change Management: prioritize PRs, explain agent-scale diffs, and continuously secure shipped code.

Enterprise PR review across multiple coding agents
Triage and routing of high-volume agent-generated changes
Post-merge security and business-logic risk analysis

Key facts

Series C (Aug 12, 2026): $143M at $1.5B co-led by Atomico and Smash Capital; BMW i Ventures, Datadog, CRV, Scale among participants (company)
Product: Agentic Change Management — Triage, Change Stack, Security on top of AI code review
Traction claims (company): >5× revenue YoY; 2M+ reviews/week; 17k+ customers; 150k OSS projects
Pledge: >$10M over 12 months to keep AI review free for open source

Fundraising history

Series C

2026-08 $143M Valuation: $1.5B

Atomico (lead)
Smash Capital (lead)
BMW i Ventures (participant)
Datadog (participant)
CRV (participant)
Scale Venture Partners (participant)

Source: https://www.coderabbit.ai/blog/introducing-agentic-change-management

Investors in our directory

Funds linked from CodeRabbit's profile — open a fund page for stage focus and related deal articles.

CRV Scale Venture Partners

Competitive landscape

Edge: Independent (not tied to one codegen vendor) with org/codebase context, strategics inside real eng orgs (BMW, Datadog), and a shift from review-only to full change control.

As agents open more PRs, the scarce resource is human judgment. CodeRabbit sells that control plane across tools.

GitHub Copilot / IDE-bundled review adjacent

Bundled with generation tools; less independent control-plane positioning.
Classic SAST/SCA adjacent

Rules and signatures; weaker on agent intent and PR judgment.
Blacksmith adjacent

CI validation layer; complementary job.

Industries

Developer Tools AI & Machine Learning Cybersecurity Enterprise SaaS

FAQs about CodeRabbit

Practical answers founders, operators, and investors typically search for.

CodeRabbit is an AI-native control layer for software change: independent code review plus triage, change explainability, and post-merge security for human- and agent-authored PRs.

Series C (Aug 2026, $143M at $1.5B) co-led by Atomico and Smash Capital. Directory-linked returners include CRV (/fund/crv) and Scale Venture Partners (/fund/scale-venture-partners).

Growth-stage private company. Series C August 2026 at a $1.5B valuation.

Engineering organizations and open-source projects. Company cites 17,000+ customers and 150,000 OSS projects; BMW partnership covers 1,000+ BMW developers (press).

Blacksmith focuses on CI compute and autofixing failed tests. CodeRabbit focuses on PR judgment, explainability, and security governance.

Private as of August 2026.

Not publicly disclosed; company reports >5× revenue growth in the past year.

U.S. (San Francisco Bay Area); expanding internationally including London and Japan per press.

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Last updated: 2026-08-13

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