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Graphite has raised $52M in Series B funding led by Accel to enhance its AI-powered coding assistance platform.

RECENTLY ACQUIREDMar 18, 2025•about 1 year ago

Amount Raised

$52 Million

Round Type

series b

New YorkSoftware

Investors

Accel

Description

Graphite, an AI-powered code review and coding assistance platform, has raised $52M in Series B funding led by Accel. Founded in 2020, Graphite has now raised a total of $72M in reported equity funding. This funding will help Graphite continue to innovate in the developer tools space. The company aims to improve coding efficiency for developers worldwide.

Company Information

Company

Graphite

Location

New York, New York, United States

About

In addition, the company announced today that it has raised a $20 million Series A led by Andreessen Horowitz with Peter Levine taking point on the investment. When they started Graphite, originally as a mobile development tool company, they missed those tools they had at the bigger companies and began to build one to use internally.

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Funding Insights

Based on industry data
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, FundzIQ™ for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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