FUNDING · STARTUPS · #2390
Blacksmith hits $1B valuation after $66M Series C led by Sequoia
Blacksmith, a CI platform that helps companies build and test software — including code written by AI — raised $66 million in a Series C led by Sequoia, valuing the company at $1 billion. The startup says ARR has grown 17x, it has run over 90 million CI jobs, counts customers such as Mercury and Granola, and has raised $125 million to date.
KEY POINTS
- Blacksmith, a CI platform that helps companies build and test software — including code written by AI — raised $66 million in a Series C led by Sequoia, valuing the company at $1 billion.
- The startup says ARR has grown 17x, it has run over 90 million CI jobs, counts customers such as Mercury and Granola, and has raised $125 million to date.
- The round signals strong investor appetite for tooling that validates and scales CI as more code is produced by AI, and reflects rapid commercial growth for Blacksmith.
WHY IT MATTERS
The round signals strong investor appetite for tooling that validates and scales CI as more code is produced by AI, and reflects rapid commercial growth for Blacksmith.