Grit - About the company
Grit is an acquired company based in New York City (United States), founded in 2022 by Morgante Pell. It operates as a Cloud based code migration platform. Grit has raised $7M in funding from Founders Fund and Abstract Ventures. The company has 12 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Moderne, AppFactor and LatentForce.ai.
Company Details
Cloud based code migration platform. It enables developers to migrate code from javascript to typescript. It is a developer tool that enables developers to manage software and technical debts. The platform leverages ML and static analysis to auto-generate pull requests. It enables users to plan, execute, and track code migrations. Features include code search, integrated feedback, and more.
- Website
- docs.grit.io/
Key Metrics
Founded Year
2022
Location
New York City, United States
Stage
Acquired
Total Funding
$7M in 1 round
Latest Funding Round
Investors
Ranked
2nd among 12 active competitors
Exit Details
Acquired by Honeycomb (Apr 10, 2025)
Grit's acquisition details
Grit got acquired by Honeycomb on Apr 10, 2025.
Click here to take a look at Grit's acquisition in detail
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Grit's funding and investors
Grit has raised a total funding of $7M over 1 round. Its latest funding round was a Seed round on Aug 15, 2023 for $*****. 10 investors participated in its latest round. Grit has 10 institutional investors.
Here is the list of recent funding rounds of Grit:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 15, 2023 | 5199404 | Seed | 3396456 | 6615656 | 6847446 | 4719056 |
View details of Grit's funding rounds and investors
Grit's founders and board of directors
Founder? Claim ProfileThe founders of Grit is Morgante Pell. Morgante Pell is the CEO of Grit.
Here are the details of Grit's key team members:
- Morgante Pell: Founder & CEO of Grit. Contact Info: 1 email address
View details of Grit's Founder profiles and Board Members
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Grit's Competitors and alternates
Top competitors of Grit include Moderne, AppFactor and LatentForce.ai. Here is the list of Top 10 competitors of Grit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Moderne 2020, Miami (United States), Series B | Large scale application modernization and analysis | $50M | 59/100 | |
2nd | Grit 2022, New York City (United States), Acquired | Cloud based code migration platform | $7M | 57/100 | |
3rd | AppFactor 2021, London (United Kingdom), Seed | Provider of an agentic orchestration platform automating software maintenance and modernization | $4M | 51/100 | |
4th | LatentForce.ai 2024, Bengaluru (India), Seed | AI agent for diversified software products | $1.7M | 44/100 | |
5th | Codemod 2021, Palo Alto (United States), Funding Raised | AI powered code migration platform | - | 30/100 | |
6th | GoatSwitch 2023, Weiden (Germany), Unfunded | AI powered code migration tool for developers | - | - | 24/100 |
7th | Software Migrations 1997, St Albans (United Kingdom), Unfunded | Code migration software for enterprises | - | - | 19/100 |
8th | LogicFlow 2020, Zurich (Switzerland), Deadpooled | Provider of AI based code migration system | $567K | 19/100 | |
9th | ![]() Duplicator Pro Plugin 2013, San Francisco (United States), Unfunded | Developer of WordPress plugin facilitating website backup and migration processes | - | - | 16/100 |
10th | ![]() Codemorph 2023, Austin (United States), Unfunded | AI-powered code transpilation and optimization platform provider | - | - | 16/100 |
Looking for more details on Grit's competitors? Click here to see the top ones
Grit's Investments and acquisitions
Grit has made no investments or acquisitions yet.
News related to Grit
Media has covered Grit for a total of 2 events in the last 1 year.
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Comcast NBCUniversal LIFT Labs Selects 10 Startups for Accelerator on Emerging Enterprise AI SolutionsBusiness Wire•Oct 16, 2023•Comcast, Aragorn, Cleanlab AI, CodeComplete and 7 others
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Grit Raises $7M in FundingFinSMEs•Aug 15, 2023•Grit, Founders Fund, Abstract Ventures, Quiet Capital and 7 others
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