Adrenaline, a Brooklyn, New York-based AI-powered code intelligence platform, has raised $2.4 million in funding at a $20 million valuation.
SaaS Investors
The round was led by some of the top firms in Silicon Valley, including Google's AI fund (Gradient Ventures) and Abstract Ventures.
Founded in 2017, Gradient Ventures is the venture capital investment arm of Alphabet based in Mountain View, California. The firm seeks to invest in seed-stage and early-stage companies operating in the information technology, artificial intelligence, and machine learning sectors.
Abstract Ventures is a venture capital investment firm based in San Francisco, California. Founded in 2016, the firm seeks to invest in biotechnology, consumer, crypto-blockchain, and enterprise frontier technology sectors.
Adrenaline Use of Funds
The company will use the funding to build tools for understanding and modifying large codebases.
About Adrenaline
Adrenaline was founded by Malik and Jonathan, with a mission to not only make developers faster using AI, but also smarter. Adrenaline is a code intelligence platform generated by AI to help developers navigate and modify large codebases. It uses LLMs to help developers navigate and modify large codebases, among other technical challenges. The platform has garnered over 100,000 users and has answered nearly a million programming questions.
Funding Details
Company: Adrenaline
Raised: $2.4M
Round: Unknown
Funding Month: February 2024
Lead Investors: Gradient Ventures and Abstract Ventures
Additional Investors:
Company Website: https://useadrenaline.com/
Software Category: AI Code Intelligence Platform
Source: https://www.newsfilecorp.com/release/199583