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
Cap table — not yet on record
Code Metal's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The complete investor list: 19 names
·Watch Code Metal: the Monday email on marks, rounds and moves