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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.
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Key Metrics
Founded Year
2022
Location
New York City, United States
Stage
Acquired
Total Funding
$7M in 1 round
Latest Funding Round
Ranked
Similar Companies
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
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Grit's founders and board of directors

Founder? Claim Profile
The founders of Grit is Morgante Pell. Morgante Pell is the CEO of Grit.
Here are the details of Grit's key team 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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Moderne
Moderne
2020, Miami (United States), Series B
Large scale application modernization and analysis
$50M
59/100
2nd
Logo for Grit
Grit
2022, New York City (United States), Acquired
Cloud based code migration platform
$7M
57/100
3rd
Logo for AppFactor
AppFactor
2021, London (United Kingdom), Seed
Provider of an agentic orchestration platform automating software maintenance and modernization
$4M
51/100
4th
Logo for LatentForce.ai
LatentForce.ai
2024, Bengaluru (India), Seed
AI agent for diversified software products
$1.7M
44/100
5th
Logo for Codemod
Codemod
2021, Palo Alto (United States), Funding Raised
AI powered code migration platform
-
30/100
6th
Logo for GoatSwitch
GoatSwitch
2023, Weiden (Germany), Unfunded
AI powered code migration tool for developers
-
-
24/100
7th
Logo for Software Migrations
Software Migrations
1997, St Albans (United Kingdom), Unfunded
Code migration software for enterprises
-
-
19/100
8th
Logo for LogicFlow
LogicFlow
2020, Zurich (Switzerland), Deadpooled
Provider of AI based code migration system
$567K
19/100
9th
Logo for Duplicator Pro Plugin
Duplicator Pro Plugin
2013, San Francisco (United States), Unfunded
Developer of WordPress plugin facilitating website backup and migration processes
-
-
16/100
10th
Logo for Codemorph
Codemorph
2023, Austin (United States), Unfunded
AI-powered code transpilation and optimization platform provider
-
-
16/100
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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.
Honeycomb Acquires GritFinSMEsApr 10, 2025Grit, Honeycomb
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FAQs about Grit

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