CodeRabbit has announced a $143 million Series C funding round at a $1.5 billion valuation and introduced Agentic Change Management — the control layer that enables teams to govern, understand, and ship software created by people and agents. The round was co-led by Atomico and Smash Capital, with participation from BMW i Ventures, Datadog, and others.
CodeRabbit raises $143M Series C at $1.5B valuation.
Introduces Agentic Change Management for AI-native software governance.
Revenue grew 5x year-over-year with 17,000+ customers.
Conducts 2M+ code reviews weekly for companies including BMW, NVIDIA, and JFrog.
Commits $10M+ to keep AI code review free for open source.
Opens London office and planning expansion to Japan and Asian markets.
AI-native development is reversing the sequence of software engineering. Developers, product managers, designers, marketers, background agents, issue systems, support tools, and observability platforms can now create code or open pull requests continuously. Code increasingly exists before a team has established alignment, assigned priority, or determined whether the work deserves to ship. The backlog is moving from tickets to proposed code. This shift moves triage, planning, and governance downstream. The pull request becomes the auditable decision point where teams determine whether a change meets the quality bar and whether it should be accepted and shipped.
CodeRabbit Triage expands the independent review layer into prioritization and routing for incoming pull requests, scoring changes according to value, urgency, risk, dependencies, and reviewer fit. CodeRabbit Change Stack provides explainability by showing what a change means, replacing the traditional alphabetical file view with a guided representation of contracts, domain behavior, integrations, tests, and migrations. CodeRabbit Security expands the independent layer beyond merge with full-repository scans and continuous monitoring to identify vulnerabilities in code already in production, verifying findings and prioritizing remediation.
"As AI becomes critical infrastructure for the global economy, organisations will increasingly need independent governance layers that can validate software regardless of which model produced it. That kind of trusted, model-agnostic infrastructure strengthens the resilience of the software that businesses depend on," said Luca Eisenstecken, Partner at Atomico. "CodeRabbit's independent review system and deep contextual understanding position it as the control layer for agentic software development."
"Code changes now originate across the software organization, including from developers, non-technical personnel, as well as from coding agents to issue trackers, support systems, and production alerts. Every change creates a decision for the team," said Harjot Gill, co-founder and CEO of CodeRabbit. "We pioneered AI code review to give teams an independent system that validates the work before it ships. Agentic Change Management expands that layer to determine what deserves attention, explain each change's impact, and continue monitoring the codebase after it ships."
About CodeRabbit
Headquartered in San Francisco, CodeRabbit pioneered independent AI code review and has expanded that layer into Agentic Change Management, the control plane for agentic software development. The platform reviews pull requests for quality, security, and reliability, whether changes originate with people, coding agents, or connected systems. CodeRabbit also prioritizes incoming work, explains the impact of each change, and continuously monitors production code for vulnerabilities and maintainability risks.
