Greptile, a startup utilizing AI for code review, is currently in the process of securing Series A funding. According to sources familiar with the deal, TechCrunch reports that the funding round is aiming for $30 million at a valuation of $180 million, with Benchmark partner Eric Vishria leading the investment. However, it’s worth noting that the deal has not been finalized, and terms may be subject to change.
Greptile, an AI-powered code review startup, is raising a Series A funding round with Benchmark as the lead investor
Established by Dasksh Gupta after graduating from Georgia Tech in 2023, Greptile participated in Y Combinator’s winter 2024 cohort and secured a $4 million seed round led by Initialized Capital post-program completion.
Gupta previously mentioned to TechCrunch that the company’s AI bot functions as a seasoned colleague, possessing a comprehensive understanding of customer code to identify bugs and potential issues that human reviewers might overlook.
Competition within the AI-driven code review industry is fierce, with prominent rivals such as Graphite and Coderabbit leading the pack.
To stay ahead, Greptile’s team is required to put in long hours, as Gupta mentioned in a viral post on X, emphasizing the company’s intense work culture.
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Following the viral post, Gupta emphasized the importance of maximum effort from every team member to outperform competitors, highlighting the necessity of dedication in a highly competitive industry.
Securing Benchmark as a major investor in the Series A round could potentially benefit Greptile’s growth trajectory, despite the demanding work culture of the company.
Both Greptile and Benchmark have not provided a comment regarding the funding round.
