AI

Benchmark in talks to lead Series A for Greptile, valuing AI-code reviewer at $180M, sources say

Greptile, an AI-driven startup of the code provision, is busy raising a Serie A. Sources that are familiar with the deal Tell WAN It is for $ 30 million in a rating of $ 180 million under the leadership of benchmark partner Eric Vishria. But one person says that the deal is not closed and that the conditions can change.

Founded by DASKSH GPPTA After graduating from Georgia Tech in 2023, the startup went through Y Combinator in the winter of 2024 cohort and achieved a $ 4 million seed round under the leadership of Initialized Capital after completing his program.

Gupta told WAN last year that De Bot has developed his company as an experienced colleague, with a deep understanding of the customer’s code, so that it is able to locate bugs and other potential problems that human reviewers might miss.

As with most areas of AI, the code provision space is very competitive.

The most prominent rivals of Greptile include Graphite, a startup that raised a series B of $ 52 million earlier this year, led by Accel with participation in Anthology Fund of Anthropic at Menlo Ventures, A16Z and others. Another important competitor is Coderabbit, who obtained a Serie A of $ 16 million from CRV last year.

The intense competition has driven Greptile to demand that his staff work exceptionally long hours.

The then 22-year-old Gupta Posted on X In November that offers “no work-life balance.” Employees usually work from 9 a.m. to 11 p.m., including Saturday, and sometimes Sunday, he wrote.

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After the post had gone viral, Gupta told several news stores that perform better than the competition requires maximum effort from each team member. “Nobody cares about the third best company, or even the second best company in a category in software. If you make 95 percent efforts, this is the equivalent of making 0 percent efforts,” Gupta said in an interview with Inc.

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Whatever the work culture is, attracting an A-list VC-like benchmark for a Healthy Series A valuation, can also be useful during the journey of Greptile.

Greptile and Benchmark did not respond to a request for comments.

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