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Codeium raises $65 million in Series B funding to reduce inefficiencies in software development with generative AI-powered capabilities

PRIVATEJan 30, 2024

Amount Raised

$65 Million

Round Type

Series B

Mountain ViewInformation TechnologySoftwareArtificial IntelligenceMachine Learning

Investors

General CatalystGreenoaksKleiner Perkins

Description

Codeium raised $65 million in Series B funding to reduce inefficiencies in software development with generative AI-powered capabilities.

Quick answer

Codeium raised $65 Million in a Series B round, dated January 30, 2024. Investors: General Catalyst, Greenoaks and Kleiner Perkins. Codeium is based in Mountain View, California, United States.

How much did Codeium raise?
Codeium raised $65 Million in a Series B round on January 30, 2024.
Who invested in Codeium?
General Catalyst, Greenoaks and Kleiner Perkins are named as investors in this round.
What does Codeium do?
Codeium is a leading AI-powered software developer productivity platform that aims to reduce inefficiencies in software development with generative AI-powered capabilities.
Where is Codeium based and how big is it?
Codeium is based in Mountain View, California, United States.
Who are the decision-makers at Codeium?
Fundz holds 2 contacts at Codeium. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Codeium that raised within 45 days of this round, from Fundz verified event records.

  • MobileX raised $1.1M (Seed) on March 15, 2024.
  • DraftWise raised $20M (Series A) on March 14, 2024.
  • Tomorrow Things raised $1.6M (Seed) on March 13, 2024.
  • PowerML raised $25M on March 13, 2024.
  • Tavus raised $18M (Series A) on March 12, 2024.
  • CodaMetrix raised $40M (Series B) on March 12, 2024.

Who to call at Codeium, and when

A new round usually means Codeium is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Codeium raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Codeium, from your own LinkedIn network

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Company Information

Company

Codeium

Location

Mountain View, California, United States

About

Codeium is a leading AI-powered software developer productivity platform that aims to reduce inefficiencies in software development with generative AI-powered capabilities.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Codeium raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Codeium raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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