CodeRabbit raised $16M in a Series A funding round led by CRV to expand its AI-powered code review platform.
Aug 15, 2024•11 months ago
Amount Raised
$16 Million
Round Type
series a
Investors
Engineering CapitalFlex CapitalCrv
Description
CodeRabbit, based in Walnut Creek, CA, secured $16M in Series A funding to enhance its product offerings, including AI-driven analytics and integrations with Jira and Slack. The funding round was led by CRV, with contributions from Flex Capital and Engineering Capital.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech