Poolside.ai is raising over $400M at a $2B valuation to develop a coding co-pilot

Jun 20, 2024•over 1 year ago

Amount Raised

$400 Million

ParisMachine LearningArtificial IntelligenceSoftware

Investors

DstBain Capital Ventures

Description

Poolside.ai, a generative AI company based in Paris, is in the process of raising at least $400 million on a post-money valuation of $2 billion. Bain Capital Ventures and DST are in talks to co-lead the round, with BCV as a previous backer and DST as a new investor.

Company Information

Company

Poolside.ai

Location

Paris, Ile De France, France

About

Poolside.ai is a generative AI company based in Paris that focuses on building tools to speed up software development. The company was founded by CEO Jason Warner, former CTO of GitHub, and CTO Eiso Kant, previously the founder of Athenian. Poolside.ai has quickly gained attention in the AI startup scene and has secured significant funding from notable investors.

Related People

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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

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