CodeRabbit Raises $143M Series C at $1.5B Valuation

CodeRabbit, based in San Francisco, is a software company that provides AI-powered code review and agentic change management platforms. The company announced a $143 million Series C funding round at a $1.5 billion valuation.

Investors

The funding round was co-led by Atomico and Smash Capital. Additional participating investors include BMW i Ventures, Datadog, Hirtle Callaghan, SineWave Ventures, Scenic Management, CRV, Scale Venture Partners, Flex Capital, Pelion Venture Partners, Harmony Partners, and Engineering Capital.

CodeRabbit Use of Funds

CodeRabbit plans to use the capital to accelerate its international expansion, invest in research and product development, and allocate more than $10 million to provide AI code review and agent capabilities to open source projects for free over the next year.

About CodeRabbit

Founded in San Francisco, CodeRabbit is the pioneer of independent AI code review and agentic change management. Their platform acts as a control layer for software development, helping teams validate code, manage pull requests, and monitor production environments for vulnerabilities and quality risks.

Funding Details

Company Website: https://coderabbit.ai

Company: CodeRabbit
Raised: $143M
Round: Series C
Funding Date: August 12, 2026
Lead Investor: Atomico, Smash Capital
Additional Investors: BMW i Ventures, Datadog, Hirtle Callaghan, SineWave Ventures, Scenic Management, CRV, Scale Venture Partners, Flex Capital, Pelion Venture Partners, Harmony Partners, Engineering Capital
Company Website: https://www.coderabbit.ai
Software Category: AI Software
Source: https://www.businesswire.com/news/home/20260812311754/en/CodeRabbit-Raises-%24143-Million-at-%241.5-Billion-Valuation-and-Introduces-Agentic-Change-Management