CodeRabbit Raised $143M at a $1.5B Valuation to Govern AI-Written Code — 2M Reviews a Week, 17,000 Customers, Revenue Up More Than 5x
Businesswire / CodeRabbit (corroborated by SiliconANGLE, PYMNTS, and the Crunchbase weekly funding roundup of Aug 14)·high signal
CodeRabbit announced a $143M Series C co-led by Atomico and Smash Capital at a $1.5B valuation on August 12, alongside a new product line it calls agentic change management. The company says it runs more than 2 million code reviews weekly for 17,000+ customers including Adyen, BMW, NVIDIA, Indeed and JFrog, with revenue up more than 5x year over year, and it is committing over $10M in free review capacity to open source over the next year. The category is no longer 'AI writes code' — it is a paid governance layer sitting between agent output and the main branch, and investors are now pricing that layer at unicorn multiples.