Milestone, a Tel Aviv, Israel–based enterprise platform for measuring the adoption and impact of AI coding tools, has raised $10 million in Seed funding.
Investors
The round was led by Heavybit and Hanaco Ventures, with participation from Atlassian Ventures and angel investors including John Donovan, Tom Preston-Werner, Paul Daugherty, and Amit Agrawal.
Heavybit is a venture capital firm and accelerator that focuses exclusively on investing in and scaling developer-first and enterprise infrastructure startups from pre-Seed to Series A. Founded in 2022, Heavybit provides deep domain expertise, strategic capital, and a structured program.
Hanaco Ventures is a bi-coastal venture capital firm with dual headquarters in Tel Aviv and New York City, dedicated to investing in and scaling Israeli-founded technology companies globally. Established in 2017, the firm manages approximately $2 billion and invests across all stages, from Seed to Growth, with a focus on helping companies expand into the U.S. market.
Milestone Use of Funds
The company will use the funding to support the growth of its platform, enhance integrations across software development stacks, and expand enterprise adoption of its AI adoption analytics tools.
About Milestone
Founded by Liad Elidan and Prof. Stephen Barrett, Milestone is an enterprise platform that quantifies AI adoption and its impact on software development teams. It connects with an organization’s full software development stack from source control and project management tools to HR systems and AI coding assistants, allowing automatic tracking of AI usage and correlation with key engineering metrics such as code quality, feature delivery speed, and maintainability Headquartered in Tel Aviv, Israel, Milestone partners with GitHub, Augment Code, Qodo, Continue, and Atlassian, and integrates with AI coding platforms like Cursor, Windsurf, and Claude Code, providing unified visibility into AI-driven workflows.
Funding Details
Company: Milestone, Limited
Raised: $10.0M
Round: Seed
Funding Date: November 2025
Lead Investors: Heavybit, Hanaco Ventures
Additional Investors: Atlassian Ventures, John Donovan, Tom Preston-Werner, Paul Daugherty, Amit Agrawal
Company Website: https://mstone.ai/
Software Category: AI Analytics / Developer Tools
Source: https://www.prnewswire.com/il/news-releases/as-ai-takes-over-coding-milestone-raises-10m-to-make-ai-culture-measurable-302614600.html