Qodo, a NYC-based provider of an AI code review and governance platform, has raised $70 million in a Series B funding round led by Qumra Capital.
The round also saw participation from Maor Ventures, Phoenix Capital Partners, S Ventures, Square Peg, Susa Ventures, TLV Partners, Vine Ventures, Peter Welender (OpenAI), and Clara Shih (Meta). The round brought the total capital raised to $120 million.
The company plans to use the funds to grow its global enterprise operations, expand its engineering and product teams, and start hiring immediately in its Tel Aviv, Israel office to speed up development of advanced AI-powered governance tools.
Qodo was recently recognized as a top performer on Martian’s Code Review Bench, the first independent test of AI code review tools, achieving an F1 score of 50.3%—well ahead of Claude Code Review. This shows Qodo’s ability to spot subtle logic errors, cross-file inconsistencies, and architectural issues while keeping developer noise low.
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Unlike most AI review tools that only look at what changed, Qodo evaluates the impact of those changes across repositories, considering code history and the engineering standards set by an organization. This creates a trusted AI code review layer designed for enterprise software governance, and reliability.
The amount of AI-generated code being deployed is growing very fast, far faster than human engineers can review and test. At the same time, AI tools can create code on their own, but don’t automatically understand an organization’s standards, architecture, or risk limits.
In a survey of 500 developers, 95% said knowing code is AI-generated changes how closely they review it, and 45% said they now need extra tests, benchmarks, or documentation. As companies adopt AI driven development faster, the gap between rapid code creation, and reliable quality checks is becoming a major challenge.
“The era of unverified AI software is over,” said Itamar Friedman, CEO and co-founder of Qodo. “We are creating a trusted system for code quality as companies move from experimental AI to critical automation. This new funding will help organizations move quickly, knowing every line of code is safe, reliable and follows their standards.”
“AI has made generating code easy, but trust is now the rare resource,” said Boaz Morris, Partner at Qumra Capital. “The review layer is becoming the most important control in development. Qodo is building the infrastructure to scale human judgment at AI speed. This isn’t just an add-on—it’s the foundational layer of integrity missing from the AI development process.”
“As we use more AI-assisted development on our platforms, Qodo ensures every line of code meets our performance, security, and compliance standards,” said Christian Rudolph, Head of Platform Services at TUI Group. “Qodo’s governance layer is key to providing reliable travel experiences worldwide. It helps us innovate faster while keeping the trust our customers expect at every step of their journey.”
Qodo plans to speed up development of advanced AI governance tools, helping customers use AI safely at scale while keeping high standards for code quality, security, and compliance.
About Qodo
Founded in 2018 by Itamar Friedman and Dedy Kredo, Qodo is an AI code review platform that helps turn fast code generation into high-quality software. It acts as a trusted governance layer for enterprise engineering teams. Qodo 2.2 uses advanced context analysis and a multi-agent review system, looking at the full code repository—including history and past PRs—to give accurate, clear, and useful feedback, reduce noise, and enforce company-specific standards.
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