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
How much has Code Metal raised?
$177.9Macross 5 recorded rounds · Dec 2023 – Mar 2026

Most recently, Code Metal raised $123.0M in its Later Stage VC (Mar 2026).

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Code Metal round by round

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

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.

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Frequently asked about Code Metal

How much has Code Metal raised?
Code Metal has raised $177.9M in total across 5 recorded funding rounds.
When was Code Metal's last funding round?
Code Metal's most recent recorded round was Later Stage VC in Mar 2026, raising $123.0M.