Exclusive: Benchmark backs AI-code overview startup Greptile, valued at $180M, sources say

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Greptile, an AI-powered code overview startup, is within the technique of elevating a Series A. Sources aware of the deal inform TechCrunch it’s for $30 million at a $180 million valuation led by Benchmark companion Eric Vishria. But one particular person says that the deal hasn’t closed and phrases might change.

Founded by Dasksh Gupta after he graduated from Georgia Tech in 2023, the startup went by means of Y Combinator within the winter of 2024 cohort, and raised a $4 million seed spherical led by Initialized Capital after finishing its program.

Gupta advised TechCrunch final 12 months that the bot his firm developed acts as an skilled coworker, possessing a deep understanding of the client’s code, which allows it to pinpoint bugs and different potential points that human reviewers may miss.

As with most areas of AI, the code overview area could be very aggressive.

Greptile’s most outstanding rivals embrace Graphite, a startup that earlier this 12 months raised a $52 million Series B led by Accel with participation from Anthropic’s Anthology Fund with Menlo Ventures, a16z, and others. Another key competitor is Coderabbit, which final 12 months secured a $16 million Series A from CRV.

The intense competitors has pushed Greptile to require its employees to work exceptionally lengthy hours.

The then 22-year-old Gupta posted on X in November that Greptile “offers no work-life-balance.” Employees sometimes work from 9 am till 11 pm, together with Saturdays, and generally Sundays, he wrote.

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After the put up went viral, Gupta advised a number of information retailers that outperforming the competitors calls for most effort from each group member. “No one cares about the third-best company, or even the second-best company in any category in software. If you’re going to put in 95 percent effort, it’s the equivalent of putting in 0 percent effort,” Gupta stated in an interview with Inc.

Whatever the work tradition, attracting an A-list VC like Benchmark at a wholesome Series A valuation, may be useful in Greptile’s journey.

Greptile and Benchmark didn’t reply to a request for remark.  

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