Fundz
Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →

Blacksmith raises $45M Series B led by Peak XV Partners as AI tools drive demand for faster code validation, boosting its customer base from 800 to over 6,000.

PRIVATEAug 12, 2026about 3 hours ago

Amount Raised

$45 Million

Round Type

Series B

San FranciscoSoftware

Investors

GvY CombinatorPeak Xv Partners

Description

Blacksmith, a cloud platform for validating code, has secured $45 million in a Series B funding round led by Peak XV Partners. Existing investors Y Combinator and GV also participated in the round, which values the company at $550 million. The funding comes as demand for faster code validation surges, with Blacksmith experiencing significant growth in its user base in recent months. The investment will help enhance Blacksmith's infrastructure to meet the increasing needs of engineering teams.

Company Information

Company

Blacksmith

Location

San Francisco, California, United States

About

Blacksmith makes CI faster, more cost-effective, and more reliable by avoiding hyperscaler-based solutions and running GitHub Actions on high-performance hardware with gaming-grade CPUs — tuned for maximum throughput and enhanced with growing observability capabilities. This approach eliminates build bottlenecks, lowers infrastructure costs, and gives teams a clear view into pipeline health. In the AI era, where rapid iteration is critical, Blacksmith keeps development cycles moving — enabling faster validation, safer deployments, and more competitive release schedules. Founded in 2024 by engineers from Faire and Cockroach Labs, Blacksmith is backed by Google Ventures, Y Combinator, and leading dev infrastructure angels.

Related People

Suggested for you
1 contact
Verified contactsNo contacts on file at Blacksmith yet.
Predictive Intelligence
Strategic

ML-powered predictions for Blacksmith's next move

Learn about Strategic plan

Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.