Valued at $1.3B at its early-stage round, Feb 2026. Nothing has traded since.
- ·The complete investor list: 19 names
- ·Watch Code Metal: the Monday email on marks, rounds and moves
Valuation timeline
0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026Membership and data by Private Market View
Code Metal funding history
5 rounds| Date | Round | Raised | Post-money | $/share |
|---|---|---|---|---|
| Mar 2026 | Later Stage VC | $123.0M | ▮ | ▮ |
| Nov 2025 | Early Stage VC | $36.5M | ▮ | ▮ |
| Jun 2025 | Early Stage VC | $6.5M | ▮ | ▮ |
| Jul 2024 | Early Stage VC | $12.8M | ▮ | ▮ |
| Dec 2023 | Seed Round | $3.1M | ▮ | ▮ |
Membership and data by Private Market View
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).
How Code Metal's valuation is determined
Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.
For Code Metal, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →
Frequently asked about Code Metal
- What is Code Metal worth?
- Code Metal is valued at $1.3B as of Oct 2026. Valued at $1.3B at its early-stage round, Feb 2026. Nothing has traded since.
- How much has Code Metal raised?
- Code Metal has raised $177.9M in total funding across 5 recorded rounds.
- When did Code Metal last raise?
- Code Metal last raised in Mar 2026 (Later Stage VC), raising $123.0M.