CodeRabbit Valuation Jumps 150% to $1.5B After $143M Series C Raise

CodeRabbit secures $143M Series C at $1.5B valuation, led by Atomico and Smash Capital. The AI code review platform processes 2M+ code units weekly for 17K+ clients.

Woofun AI reports that CodeRabbit has closed a $143 million Series C funding round, establishing a $1.5 billion valuation. Atomico and Smash Capital spearheaded the investment, with participation from BMW i Ventures and Datadog. This financing follows a $60 million Series B completed less than twelve months prior. The firm specializes in auditing code produced by developers and Coding Agents to detect bugs, security flaws, and maintenance issues. Current operations involve reviewing over 2 million code segments weekly for more than 17,000 clients, with expansion plans targeting Asian markets including Japan.