Funding

CodeRabbit Raises $143 Million to Introduces Agentic Change Management

Aug 13, 2026 | By Devin Jacobs

SUMMARY

CodeRabbit raises $143M in Series C funding at a $1.5B valuation.
The round was co-led by Atomico and Smash Capital, with participation from new and existing investors.
Funds will support international expansion, AI research and product development.

AI code review platform CodeRabbit has raised $143 million in Series C funding at a $1.5 billion valuation.

The Series C round was co-led by Atomico and Smash Capital, with participation from BMW i Ventures, Datadog, Hirtle Callaghan, SineWave Ventures and Scenic Management. Existing investors including CRV, Scale Venture Partners, Flex Capital, Pelion Venture Partners, Harmony Partners and Engineering Capital also participated.

Luca Eisenstecken, Partner at Atomico, will join CodeRabbit's Board of Directors.

The San Francisco-based company will use the fresh capital to accelerate international expansion, product development and AI research as demand for AI-generated software continues to grow.

Funding Snapshot

Metric	Details
Fundraise Amount	$143 million
Round	Series C
Valuation	$1.5 billion
Company	CodeRabbit
Sector	AI / Developer Tools
Headquarters	San Francisco, US

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About CodeRabbit

Founded to improve software development through AI-powered code review, CodeRabbit provides independent review and governance tools for code created by both developers and AI agents.

The company now conducts more than 2 million code reviews every week and serves over 17,000 customers globally. More than 150,000 open-source projects also use its platform.

Core offerings include:

AI-powered code review
Agentic Change Management
CodeRabbit Triage
CodeRabbit Change Stack
CodeRabbit Security

Previous Funding & Investors

The latest Series C round follows CodeRabbit's $60 million Series B, which was raised less than a year earlier. The company has experienced rapid growth, with revenue increasing more than 5x year-over-year.

CodeRabbit plans to invest more than $10 million over the next 12 months to keep its AI code review and agent capabilities free for open-source projects and maintainers.

Funding Timeline

Year	Funding Event
2025	$60 million Series B
2026	$143 million Series C at $1.5 billion valuation

Leadership Comments

"As AI becomes critical infrastructure for the global economy, organisations will increasingly need independent governance layers that can validate software regardless of which model produced it. That kind of trusted, model-agnostic infrastructure strengthens the resilience of the software that businesses depend on," said Eisenstecken. "CodeRabbit's independent review system and deep contextual understanding position it as the control layer for agentic software development. The company's growth and product depth convinced us that CodeRabbit is defining the new and critical field of Agentic Change Management."

“The digital ambitions of automotive companies depend on highly efficient engineering teams and consistently reliable software. CodeRabbit has become a key technology in helping developers improve code quality and work more effectively,” said Kasper Sage, Managing Partner at BMW i Ventures. “Our investment demonstrates our belief in the company’s technology and its long-term potential to be the category leader.”

“Code changes now originate across the software organization, including from developers, non-technical personnel, as well as from coding agents to issue trackers, support systems, and production alerts. Every change creates a decision for the team,” said Harjot Gill, co-founder and CEO of CodeRabbit. “We pioneered AI code review to give teams an independent system that validates the work before it ships. Agentic Change Management expands that layer to determine what deserves attention, explain each change’s impact, and continue monitoring the codebase after it ships.”