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- CodeRabbit
CodeRabbit Revenue, Valuation, Funding & Investors
CodeRabbit is valued at $1.5B as of August 2026.
Last CodeRabbit valuation
$1.5B
Series C · Aug 2026
Last CodeRabbit funding round
$143M
Series C · Aug 2026
CodeRabbit revenue
$15M
Series B · Sep 2025
Key investors in CodeRabbit
Harmony Partners
CRV
Flex Capital
Engineering Capital
Pelion Venture Partners
Scale Venture Partners
About CodeRabbit
CodeRabbit is a provider of AI-powered tools for automated code reviews on pull requests. The platform analyzes code line by line, verifies logic flows, applies coding standards, executes linters, and generates change summaries. It connects with GitHub, GitLab, Azure DevOps for version control, and Jira, Linear for issue tracking, while supporting IDE feedback and CLI access. Deployments include SaaS and self-hosted options with encrypted data handling and autogenerated release notes.
Founded
2023
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$15M (Sep 2025)
Valuation
$1.5B (Aug 2026)
CodeRabbit Valuation
CodeRabbit is currently valued at $1.5B, based on its Series C in August 2026.
The $143M round was led by Atomico and Smash Capital, with participation from SineWave Ventures, Hirtle Callaghan, Flex Capital, Engineering Capital, Datadog and 5 other investors.
CodeRabbit's valuation has grown 2.7x from $550M at its Series A in January 2025 to $1.5B in August 2026, across 3 priced rounds.
CodeRabbit valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Aug 2026 | Series C | $1.5B | - |
| Sep 2025 | Series B | $550M | 36.7x |
| Jan 2025 | Series A | $550M | 36.7x |
CodeRabbit Revenue
CodeRabbit's latest recorded revenue is $15M, as of its Series B in September 2025. At a $550M valuation, that implies a 36.7x revenue multiple.
Revenue moved from $15M in January 2025 to $15M in September 2025, while the revenue multiple moved from 36.7x to 36.7x.
CodeRabbit revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Sep 2025 | $15M | $550M | 36.7x | Series B |
| Jan 2025 | $15M | $550M | 36.7x | Series A |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
CodeRabbit Funding History
CodeRabbit has raised a total of $231M across 5 funding rounds.
CodeRabbit's first fundraising round was a $4M seed round in March 2024. The most recent completed round was a $143M Series C in August 2026.
CodeRabbit funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2026 | Series C | Atomico (lead); Smash Capital (lead); SineWave Ventures; Hirtle Callaghan; Flex Capital; Engineering Capital; Datadog; BMW i Ventures; Pelion Venture Partners; Harmony Partners; CRV; Scenic Management | $143M | $1.5B | CodeRabbit raised $143 million in a Series C financing round at a $1.5 billion post-money valuation. Atomico and Smash Capital co-led the round, with participation from BMW i Ventures, Datadog, Hirtle Callaghan, SineWave Ventures, Scenic Management, and existing investors including CRV, Scale Venture Partners, Flex Capital, Pelion Venture Partners, Harmony Partners, and Engineering Capital. The company said it will use the capital to expand internationally and invest in research and product development, including Agentic Change Management, a control layer for reviewing, prioritizing, understanding, and monitoring software changes made by people and AI agents. The financing comes amid rising demand for tools that review AI-generated code, and CodeRabbit said it now has more than a thousand organizational users. CodeRabbit is an AI code review platform founded by Harjot Gill and Guritfaq Singh. Atomico partner Luca Eisenstecken will join the company’s board. The company had raised more than $200 million prior to this round. |
| Sep 2025 | Series B | Scale Venture Partners (lead); NVentures; Flex Capital; Engineering Capital; Pelion Venture Partners; Harmony Partners; CRV | $60M | $550M | CodeRabbit is an AI code review platform that provides context-aware reviews to catch bugs in AI-generated code, acting as a governance layer for software development. It integrates with developer toolchains, GitHub Marketplace (top-ranked AI app), and supports pre-merge checks, CLI integration, and automated testing. The company serves over 8,000 paying customers including Chegg, Groupon, Life360, and Mercury, plus 100,000 open-source projects. On September 16, 2025, CodeRabbit raised a $60 million Series B round led by Scale Venture Partners, with participation from NVentures (NVIDIA’s VC arm) and returning investors CRV, Engineering Capital, Flex Capital, Harmony Partners, and Pelion Venture Partners, bringing total funding to $88 million. The post-money valuation was $550 million. Funds will accelerate hiring (headcount doubled recently, plans to double again by early 2026), product development for new features, and platform expansion across developer environments. Traction includes 10x revenue growth over the past year, 20% monthly growth, and more than $15 million in annual recurring revenue (ARR). CodeRabbit positions itself as superior to rules-based linters, human peer reviews, and bundled AI coding tools from competitors like Anthropic’s Claude Code and Cursor, emphasizing depth for large codebases. Rivals include Graphite ($52M Series B) and Greptile (in talks for $30M Series A). Andy Vitus from Scale Venture Partners joined the board. |
| Jan 2025 | Series A | Harmony Partners (lead) | $8M | $550M | CodeRabbit develops AI-driven code review tools that provide context-aware reviews to catch bugs, strengthen security, and accelerate code shipping for engineering teams amid rising AI-generated code. The platform serves over 8,000 businesses including Chegg, Groupon, and Mercury, enabling reductions in code review time from 86 hours to 39 minutes at Groupon and cutting human code reviewers by half. Thousands of developers pay $30 per month for the service, supporting 20% monthly growth. In September 2025, CodeRabbit raised a $60 million Series B round at a $550 million post-money valuation, bringing total funding to $88 million. The round was led by Scale Venture Partners with participation from NVentures (NVIDIA Venture Capital), CRV, Harmony Partners, Flex Capital, Engineering Capital, and Pelion Venture Partners. Funds will support global hiring, product development, and platform expansion, with Scale's Andy Vitus joining the board. At the time of the round, CodeRabbit reported more than $15 million in annual recurring revenue (ARR). The startup, founded in 2023 and headquartered in Walnut Creek, CA, follows a $16 million Series A in August 2024 led by CRV. CodeRabbit competes with Graphite, Greptile, and bundled features in tools like Anthropic’s Claude Code and Cursor, positioning itself as a comprehensive standalone solution. |
| Aug 2024 | Series A | CRV (lead); Flex Capital; Engineering Capital; Harmony Partners | $16M | - | CodeRabbit develops an AI-powered code review platform that integrates with GitHub, GitLab, and Azure DevOps to automate context-aware code reviews, improving code quality, security, and developer productivity. The tool provides actionable, human-like feedback, reducing manual review efforts compared to traditional static analysis or peer reviews. It features a seat-based pricing model with a free tier for open source projects, driving product-led growth. In August 2024, CodeRabbit raised a $16 million Series A round led by CRV, with participation from Flex Capital, Engineering Capital, and angels including Datadog CEO Olivier Pomel. At announcement, the company had surpassed $1 million in annual recurring revenue within its first year while bootstrapped, achieved 16,000+ GitHub Marketplace installations, reviewed 150,000+ repositories and 300,000+ pull requests, and served several hundred paying organizations with 10,000+ daily active developers. Funds supported product expansion including security features, integrations with Jira and Slack, AI automation for refactoring and testing, sales/marketing growth, and a new Bangalore office. CodeRabbit serves over 600 paying organizations including Fortune 500 pilots by mid-2024. A follow-on $60 million Series B in September 2025 led by Scale Venture Partners valued the company at $550 million post-money, with NVentures and existing investors CRV, Harmony Partners, Flex Capital, and Engineering Capital participating, bringing total funding to $88 million; ARR exceeded $15 million with 20% monthly growth and 8,000+ clients by then. |
| Mar 2024 | Seed | Alpine Venture Capital | $4M | - | - |
Who has invested in CodeRabbit?
15 investors have backed CodeRabbit across its funding rounds, including Harmony Partners, CRV, Flex Capital, Engineering Capital, Pelion Venture Partners and Scale Venture Partners.
Lead investors include Atomico, Smash Capital, Scale Venture Partners, Harmony Partners and CRV.
CodeRabbit Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Aug 2024 | ||
| 3 | Participant | Aug 2024 | ||
| 3 | Participant | Aug 2024 | ||
| 3 | Lead | Aug 2024 | ||
| 2 | Participant | Sep 2025 | ||
| 1 | Lead | Aug 2026 | ||
| 1 | Participant | Aug 2026 | ||
| 1 | Participant | Sep 2025 | ||
| 1 | Lead | Sep 2025 | ||
| 1 | Participant | Mar 2024 | ||
| 1 | Participant | Aug 2026 | ||
| 1 | Participant | Aug 2026 | ||
| 1 | Participant | Aug 2026 | ||
This data is available for Pro users. Sign up to see all 15 CodeRabbit investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by CodeRabbit
CodeRabbit has acquired 1 company to date.
Last acquisition by CodeRabbit was on March 16th 2024. CodeRabbit acquired FluxNinja for undisclosed valuation.
Latest Acquisitions by CodeRabbit
| Description | FluxNinja is a San Francisco-headquartered provider of application reliability management for cloud-native enterprises. Its open-source Apex project delivers adaptive load shedding that protects APIs during traffic spikes by prioritizing requests and enforcing circuit breakers. DevOps teams at companies like DoorDash deploy FluxNinja to maintain 99.99% uptime across Kubernetes clusters. |
| HQ Country | |
| HQ City | San Francisco, CA |
| Deal Date | 16 Mar 2024 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all CodeRabbit acquisitions and their M&A valuation multiples. Start Free Trial | |
CodeRabbit Competitors
CodeRabbit competitors include listed companies like C3.ai, Hanwang Technology Co and Horizon Quantum, and private ones like Magic, LangChain and Parallel.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $147M | - | $1.5B | 10.2x | ||
| Publicly listed | $250M | ($484M) | $1.7B | 4.5x | ||
| Private | $12M | - | $1.3B | 104.2x | ||
| Private | - | - | $2B | - | ||
| Publicly listed | $282M | ($14M) | $605M | - | ||
| Publicly listed | $269K | ($5M) | $729M | - |
CodeRabbit Public Comps
CodeRabbit is still privately-owned, but its public comps include Shenzhen Ysstech Info, PCITECH, BigBear.ai, TRS Information Technology, Progress Software, Arcs Co, Wenge AI, C3.ai, Justsystems and Optasia.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $205M | $4M | 7.2x | - | 378.8x | - | |||
| $1.5B | $53M | 0.8x | 0.9x | 24.1x | - | |||
| $128M | ($295M) | 8.3x | 7.6x | (3.6x) | (27.8x) | |||
| $76M | ($20M) | 19.3x | 19.7x | (73.5x) | 478.8x | |||
| $978M | $302M | 3.0x | 2.9x | 9.6x | 7.3x | |||
| $4B | $185M | 0.2x | 0.2x | 4.8x | 4.9x | |||
| $60M | ($20M) | 27.6x | - | (82.7x) | - | |||
| $250M | ($484M) | 4.3x | 4.5x | (2.2x) | (6.2x) | |||
This data is available for Pro users. Sign up to see all CodeRabbit competitors and their valuation data. Start Free Trial | ||||||||
Common questions about CodeRabbit
| When was CodeRabbit founded? | CodeRabbit was founded in 2023. |
| Where is CodeRabbit headquartered? | CodeRabbit is headquartered in San Francisco, CA, United States. |
| Is CodeRabbit publicly listed? | No, CodeRabbit is a private, VC-backed company. |
| What is CodeRabbit's valuation? | CodeRabbit was last valued at $1.5B in its Series C in August 2026. |
| How much funding has CodeRabbit raised? | CodeRabbit has raised $231M across 5 funding rounds. |
| What was CodeRabbit's last funding round? | CodeRabbit's last funding round was a $143M Series C in August 2026, led by Atomico and Smash Capital. |
| Who are CodeRabbit's investors? | CodeRabbit's investors include Harmony Partners, Flex Capital, Engineering Capital, CRV, Pelion Venture Partners, Smash Capital, SineWave Ventures, NVentures, Scale Venture Partners, Alpine Venture Capital and 5 others. |
| What is CodeRabbit's revenue? | CodeRabbit's latest recorded revenue is $15M (September 2025). |
| What is CodeRabbit's revenue multiple? | CodeRabbit's latest valuation implies a 36.7x revenue multiple ($550M valuation on $15M of revenue). |
| Which companies are comparable to CodeRabbit? | Companies comparable to CodeRabbit include Magic, C3.ai, LangChain, Parallel, Hanwang Technology Co and Horizon Quantum. |
| How many companies has CodeRabbit acquired? | CodeRabbit has acquired 1 company, including FluxNinja. |
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