Code Metal

Boston, MA · Founded 2023 · Privately Held (backing)

Developer of an AI-powered automation development platform designed to translate code into deployable, production-ready software. Code Metal is based in Boston, MA and was founded in 2023. It was valued at $1.3 billion at its early-stage round in Feb 2026, the last priced event on record. It has raised $178 million across 5 recorded rounds; the latest was a $123 million later-stage round in Mar 2026.

PMV mark · valuation
$1.3B
Oct 2026
Priced at
its early-stage round
Feb 2026
Total raised
$177.9M
Last round
Later Stage VC
Mar 2026

Code Metal key facts

as of Oct 2026
  • Developer of an AI-powered automation development platform designed to translate code into deployable, production-ready software.
  • Code Metal is valued at approximately $1.3B as of Oct 2026, set at its early-stage round, Feb 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $177.9M across 5 recorded rounds; the latest was Later Stage VC ($123.0M) in Mar 2026.
  • Notable investors include Accel, Salesforce Ventures, B Capital Group, Bosch Ventures, Shield Capital — 19 tracked in total.
  • Code Metal has filed 4 Form Ds with the SEC since 2023, most recently Nov 2025 ($36.5M sold to 15 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$1.3B

Valued at $1.3B at its early-stage round, Feb 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Code Metal funding rounds

5 rounds
Mar 2026Later Stage VC$123.0MSEC filing▮
Nov 2025Early Stage VC$36.5MSEC filing▮
Jun 2025Early Stage VC$6.5MSEC filing▮
Jul 2024Early Stage VC$12.8MSEC filing▮
Dec 2023Seed Round$3.1MSEC filing▮

Code Metal valuation

Code Metal was valued at $1.3 billion at its early-stage round in Feb 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Code Metal raised?

Code Metal has raised $178 million across 5 recorded rounds since 2023. The largest was a $6.5 million early-stage round in Jun 2025; the most recent was a $123 million later-stage round in Mar 2026.

Code Metal has filed 4 Form Ds with the SEC since 2023, most recently in Nov 2025 ($36.5 million sold to 15 investors).

Code Metal investors

19 investors are on record for Code Metal, including Accel, Salesforce Ventures, B Capital Group and Bosch Ventures. By type, the record holds 8 venture capital firms, 1 private equity firm and 1 fund of funds. The later-stage round in Mar 2026 drew 12 investors.

About Code Metal

Developer of an AI-powered automation development platform designed to translate code into deployable, production-ready software. The company's platform assists developers in writing code by answering coding questions and suggesting the next lines of code based on the repo context, enabling developers to develop and launch their applications.

Sector
Information Technology
HQ
Boston, MA, United States
Founded
2023
Employees
59
Ownership
Privately Held (backing)

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