When was Code Metal founded?

Code Metal was founded in 2023 and became a unicorn in 2026.

Where is Code Metal located?

Code Metal is headquartered in Boston, United States.

How many employees does Code Metal have?

As of Aug 31, 2026, the latest employee count at Code Metal is 123.

Is Code Metal a funded company?

Code Metal is a funded company, having raised a total of $184M across 5 funding rounds to date. The company's 1st funding round was a $3.15M Seed round, raised on Dec 13, 2023.

How much is Code Metal worth?

The latest valuation of Code Metal is $1.25B as of Feb 19, 2026.

When was the latest funding round of Code Metal?

Code Metal's latest funding was a $125M Series B round on Feb 19, 2026, with participation from 8 investors.

Is Code Metal a Application Development Tools company?

The primary sectors of Code Metal are Application Development Tools and Artificial Intelligence.

Where does Code Metal rank among its competitors?

Code Metal ranks 1st amongst 266 active competitors, of which 42 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was CodeRabbit, which secured $143M in Aug, 2026.

Who are the top competitors of Code Metal?

Code Metal's top competitors include CodeRabbit, Qodo and Semgrep. Among them, CodeRabbit secured the most recent funding round in August, 2026.

Code Metal - 2026 Company Profile, Team, Funding & Competitors

Code Metal is a series B company based in Boston (United States), founded in 2023 by Alex Showalter-Bucher. It operates as a Provider of AI-powered solutions for automated code translation and edge deployment. Code Metal has raised $184M in funding from investors like Salesforce Ventures, Shield Capital and J2 Ventures, with a current valuation of $1.25B. The company has 266 active competitors, including 42 funded and 16 that have exited. Its top competitors include companies like CodeRabbit, Qodo and Semgrep.

Sectors and market segments that Code Metal operate in

Code Metal serves in the Native AI market segments.The primary business model of Code Metal is:

Native AI > Artificial Intelligence > ***** **** > ***** ******

Company Details

Provider of AI-powered solutions for automated code translation and edge deployment. The company facilitates the transition of research code into optimized, low-level code suitable for edge environments. It offers tools for defining runtime environments, including CPU, GPU, and FPGA configurations. The company automates the generation of code in languages such as C/C++, Rust, VHDL, Verilog, CUDA, HIP, and ONNX. It also provides features for tracking changes between generated and input code.

Website: www.codemetal.ai/
Email ID: *****@codemetal.ai
Phone Number: +1 **********

Key Metrics

Founded Year

2023

Location

Boston, United States

Stage

Series B

Total Funding

$184M in 5 rounds

Latest Funding Round

Series B, Feb 19, 2026, $125M

Post Money Valuation

$1.25B as on Feb 19, 2026

Investors

Salesforce Ventures & 12 more

Ranked

1^st among 266 active competitors

Employee Count

123 as on Aug 31, 2026

Investment & Acquisitions

Sigprotec

Similar Companies

Vercel & 1681 more

View Code Metal's full profile

Code Metal has raised a total funding of $184M over 5 rounds. Its first funding round was on Dec 13, 2023. Its latest funding round was a Series B round on Feb 19, 2026 for $125M. 8 investors participated in its latest round. Code Metal has 12 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Code Metal:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 19, 2026	$125M	Series B	$1.25B	-	Salesforce Ventures	Accel, B Capital, Smith Point Capital, J2 Ventures, Shield Capital, Overmatch, RTX
Nov 12, 2025	$36.5M	Series A	$250M	-	-	Accel, RTX, Robert Bosch Venture Capital, Smith Point Capital, Overmatch, AE Industrial Partners, Shield Capital, J2 Ventures, Fulcrum Venture Group
Jun 26, 2025	$6.5M	Seed	-	-	-	-

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View details of Code Metal's funding rounds and investors

The founders of Code Metal is Alex Showalter-Bucher. Peter Morales is the CEO of Code Metal.

Here are the details of Code Metal's key team members:

Alex Showalter-Bucher: Founder & SVP of Technology of Code Metal.
Contact Info: 2 email addresses
Peter Morales: CEO of Code Metal.
Contact Info: 1 email address

View details of Code Metal's Founder profiles and Board Members

Code Metal's employee count trend

Code Metal has 123 employees as of Aug 26. Here is Code Metal's employee count trend over the years:

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Top competitors of Code Metal include CodeRabbit, Qodo and Semgrep. Here is the list of Top 10 competitors of Code Metal, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Code Metal 2023, Boston (United States), Series B	Provider of AI-powered solutions for automated code translation and edge deployment	$184M	Accel, Salesforce Ventures & 11 others	66/100
2nd	CodeRabbit 2023, San Francisco (United States), Series C	AI powered code review platform	$231M	CRV, Atomico & 14 others	64/100
3rd	Qodo 2022, Tel Aviv (Israel), Series B	AI powered code generation platform	$120M	Susa Ventures, Qumra Capital & 11 others	63/100
4th	Semgrep 2017, San Francisco (United States), Series D	Platform offering code analysis and review solutions	$193M	Sequoia Capital, Redpoint Ventures & 4 others	63/100
5th	Codacy 2012, Lisbon (Portugal), Series B	Platform offering automated code review solution	$29.9M	Join Capital, EQT & 11 others	61/100
6th	Sonar 2008, Vernier (Switzerland), Series D	Developer of static code analysis tools for continuous code inspection	$458M	Insight Partners, General Catalyst & 3 others	60/100
7th	Greptile 2021, San Francisco (United States), Series A	AI powered code search and explainer platform	$45.5M	Initialized Capital, Y Combinator & 2 others	58/100
8th	Codeant AI 2023, San Francisco (United States), Seed	Provider of an AI code health platform for code review	$2.5M	Y Combinator, vitalstage ventures & 6 others	55/100
9th	Nullify 2022, Sydney (Australia), Seed	AI powered code review platform	$17M	Two Sigma Ventures, Root Ventures & 6 others	55/100
10th	TrustInsoft 2012, Paris (France), Series A	Platform offering source code review software	$6.78M	Idinvest Partners, Ace Management Group & 3 others	53/100