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- Poolside
Poolside Revenue, Valuation, Funding & Investors
Poolside is valued at $13B as of August 2026.
Last Poolside valuation
$13B
Strategic investment · Aug 2026
Last Poolside funding round
$1B
Strategic investment · Aug 2026
Poolside revenue
$300M
Series B · Oct 2024
Key investors in Poolside
Bain Capital Ventures
Redpoint
Frst
Bpifrance
Kima Ventures
Felicis
About Poolside
Poolside is a San Francisco-headquartered AI company building infrastructure for code generation toward AGI in software engineering. Founded in 2023, its platform delivers foundation models trained on 3 trillion tokens, enabling developers to query in natural language for Python, Java, and C++ code. Backed by $126 million from DST Global, it serves enterprises like Fortune 500 banks with secure, on-prem deployments.
Founded
2023
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$300M (Oct 2024)
Valuation
$13B (Aug 2026)
Poolside Valuation
Poolside is currently valued at $13B, based on its strategic investment round in August 2026.
The $1B round was led by NVIDIA.
Poolside's valuation has grown 25x from $526M at its seed round in May 2023 to $13B in August 2026, across 4 priced rounds.
Poolside valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Aug 2026 | Strategic investment | $13B | - |
| Oct 2024 | Series B | $3B | 10.0x |
| Aug 2023 | Series A | $526M | 2.2x |
| May 2023 | Seed | $526M | - |
Poolside Revenue
Poolside's latest recorded revenue is $300M, as of its Series B in October 2024. At a $3B valuation, that implies a 10.0x revenue multiple.
Revenue grew from $240M in August 2023 to $300M in October 2024, while the revenue multiple moved from 2.2x to 10.0x.
Poolside revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Oct 2024 | $300M | $3B | 10.0x | Series B |
| Aug 2023 | $240M | $526M | 2.2x | 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.
Poolside Funding History
Poolside has raised a total of $1.6B across 4 funding rounds.
Poolside's first fundraising round was a $26M seed round in May 2023. The most recent completed round was a $1B strategic investment round in August 2026.
Poolside funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2026 | Strategic investment | NVIDIA (lead) | $1B | $13B | - |
| Oct 2024 | Series B | Bain Capital Ventures (lead) | $500M | $3B | Poolside is a Paris-based AI startup founded in early 2023 by Jason Warner, former GitHub CTO, and Eiso Kant, developing generative AI models for software development tasks like code autocompletion and contextual suggestions. The company targets Global 2000 enterprises and public-sector agencies, with its first product being an intelligent code assistant powered by proprietary models to accelerate developer productivity. Poolside relocated to France after a $126 million seed round and has not yet fully released its initial product at the time of the Series B. In October 2024, Poolside closed a $500 million Series B round led by Bain Capital Ventures, with participation from eBay Ventures, Nvidia, DST Global, Premji Invest, Citi Ventures, HSBC Ventures, LG Technology Ventures, StepStone Group, Schroders Capital, Dorsal Capital, BAM Elevate, Adams Street, Fin Capital, and existing investors like Felicis Ventures and Redpoint Ventures. This brought total funding to $626 million across seed ($26M-$126M reported variably), Series A ($100M), and Series B. The round valued Poolside at a $3 billion post-money valuation, per Bloomberg reports cited across sources, despite the nascent stage without a fully launched product. Proceeds fund deployment of 10,000 Nvidia GPUs for model training—one of the world's largest clusters—aggressive go-to-market expansion, and growth in applied research and engineering teams. CEO Jason Warner emphasized Poolside's aim to lead in AI surpassing human-level intelligence in software development, positioning it as a key player toward AGI with a 'powerful revenue engine' for broad accessibility. The investment reflects strong VC appetite for AI coding tools amid a projected $27 billion market by 2032, competing with GitHub Copilot and Codeium (valued at $1.25B post-$150M Series C). Poolside differentiates via custom models, Warner's GitHub expertise, and enterprise focus, with plans to enable anyone worldwide to build software as capabilities advance. |
| Aug 2023 | Series A | Felicis (lead); Redpoint Ventures China (lead); Xavier Niel (lead); Frst; Redpoint; New Wave Ventures; Rodolphe Saadé; Scribble Ventures; Bpifrance; Eduardo Ronzano; Bain Capital Ventures; Motier Ventures | $100M | $526M | Poolside is an AI startup founded in 2023 by former GitHub CTO Jason Warner and Eiso Kant, headquartered in Paris with U.S. offices, developing advanced language and reasoning models to automate software development, including writing, refactoring, and optimizing code for programmers. The company positions itself to achieve human-level or superhuman intelligence in software engineering as a step toward artificial general intelligence (AGI), leveraging large-scale training on over 500K open-source codebases and scaling to 10K Nvidia GPUs. In August 2023, Poolside raised a $126 million seed round led by Felicis, Redpoint Ventures China (also referred to as Redpoint Ventures), and Xavier Niel, with participation from Bain Capital Ventures, Bpifrance, Eduardo Ronzano, Frst, Motier Ventures, New Wave Ventures, Scribble Ventures, and Rodolphe Saadé, among others, at a post-money valuation of $526 million. Proceeds supported building foundational AI models, validating software-engineering-first approaches, scaling model training, and expanding enterprise use cases. Traction includes partnerships like AWS Bedrock integration in December 2024 for enterprise access to Poolside's Assistant and foundational models. Poolside continued rapid growth, raising a $500 million Series B in October 2024 at ~$3 billion valuation led by Bain Capital Ventures with Nvidia, DST Global, and others, reaching $626 million total funding. As of October 2025, Poolside was reportedly raising $2 billion at $12 billion valuation, with over $1 billion committed including $700 million from existing investors and up to $1 billion from Nvidia, highlighting strong market demand for AI coding tools amid competition from Magic and Codeium. |
| May 2023 | Seed | Redpoint (lead); Frst; Air Street Capital; Point Nine; firedrop; New Wave (VC); 20VC; Kima Ventures | $26M | $526M | Poolside is an AI startup founded in 2023 that builds foundation models for code generation and software development. The company was co-founded by Jason Warner, former Chief Technology Officer at GitHub who led the team behind GitHub Copilot, and serial entrepreneur Eiso Kant. Poolside's mission is to create frontier AI models trained on code, software repositories, and Git data to enable developers to write software through natural language interfaces, with ambitions to compete directly with OpenAI by developing narrow AGI through software and code. The company raised a $126 million seed round in August 2023 at a $526 million post-money valuation. The round was led by Redpoint Ventures, which contributed $20 million, with other major investors including Felicis Ventures, Xavier Niel, Air Street Capital, Scribble Ventures, and Bain Capital Ventures. Following this seed round, Poolside went on to raise additional capital: a Series A of $100 million led by Felicis Ventures, Motier, Bpifrance, and New Wave Ventures; and a Series B of $500 million in October 2024 led by Bain Capital Ventures with participation from DST Global, Premji Invest, and major technology companies including eBay and Nvidia. By October 2024, the company had reached a $3 billion valuation, achieving unicorn status in approximately 18 months from founding. |
Who has invested in Poolside?
19 investors have backed Poolside across its funding rounds, including Bain Capital Ventures, Redpoint, Frst, Bpifrance, Kima Ventures and Felicis.
Lead investors include NVIDIA, Bain Capital Ventures, Felicis, Redpoint Ventures China, Xavier Niel and 1 other investor.
Poolside Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | May 2023 | ||
| 2 | Lead | May 2023 | ||
| 2 | Lead | Aug 2023 | ||
| 1 | Lead | Aug 2026 | ||
| 1 | Participant | May 2023 | ||
| 1 | Participant | Aug 2023 | ||
| 1 | Lead | Aug 2023 | ||
| 1 | Participant | Aug 2023 | ||
| 1 | Participant | May 2023 | ||
| 1 | Participant | Aug 2023 | ||
| 1 | Participant | May 2023 | ||
| 1 | Participant | May 2023 | ||
| 1 | Lead | Aug 2023 | ||
This data is available for Pro users. Sign up to see all 19 Poolside investors. Start Free Trial | ||||
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Start Free TrialPoolside Competitors
Poolside competitors include listed companies like MiniMax Group and IonQ, and private ones like Lovable, Skild AI, Thinking Machines Lab and Applied Intuition.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $500M | - | $13B | 26.6x | ||
| Private | $30M | - | $14B | - | ||
| Private | - | - | $12B | - | ||
| Publicly listed | $79M | ($1.9B) | $11B | - | ||
| Private | $415M | - | $15B | 36.1x | ||
| Publicly listed | $130M | ($531M) | $16B | 40.3x |
Poolside Public Comps
Poolside is still privately-owned, but its public comps include MiniMax Group, IonQ, Presight AI, Affle 3i, Ncino, Haizhi, C3.ai, Wenge AI, TRS Information Technology and Z.ai.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $79M | ($1.9B) | 131.8x | - | (5.5x) | - | |||
| $130M | ($531M) | 109.9x | 40.3x | (26.9x) | (39.1x) | |||
| $825M | $214M | 6.3x | 5.4x | 24.4x | 20.8x | |||
| $282M | $67M | 7.4x | 6.7x | 31.3x | 29.5x | |||
| $595M | $65M | 4.3x | 4.0x | 39.0x | 15.8x | |||
| $93M | ($30M) | 21.5x | 16.3x | (67.1x) | (440.4x) | |||
| $250M | ($484M) | 4.3x | 4.5x | (2.2x) | (6.2x) | |||
| $60M | ($20M) | 27.6x | - | (82.7x) | - | |||
This data is available for Pro users. Sign up to see all Poolside competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Poolside
| When was Poolside founded? | Poolside was founded in 2023. |
| Where is Poolside headquartered? | Poolside is headquartered in San Francisco, CA, United States. |
| Is Poolside publicly listed? | No, Poolside is a private, VC-backed company. |
| What is Poolside's valuation? | Poolside was last valued at $13B in its strategic investment round in August 2026. |
| How much funding has Poolside raised? | Poolside has raised $1.6B across 4 funding rounds. |
| What was Poolside's last funding round? | Poolside's last funding round was a $1B strategic investment round in August 2026, led by NVIDIA. |
| Who are Poolside's investors? | Poolside's investors include Frst, Redpoint, Bain Capital Ventures, NVIDIA, Air Street Capital, New Wave Ventures, Felicis, Rodolphe Saadé, Point Nine, Scribble Ventures and 9 others. |
| What is Poolside's revenue? | Poolside's latest recorded revenue is $300M (October 2024). |
| What is Poolside's revenue multiple? | Poolside's latest valuation implies a 10.0x revenue multiple ($3B valuation on $300M of revenue). |
| Which companies are comparable to Poolside? | Companies comparable to Poolside include Lovable, Skild AI, Thinking Machines Lab, MiniMax Group, Applied Intuition and IonQ. |
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