AI D-A-M-N/Greptile Secures $30M Funding, Hits $180M Valuation

Greptile Secures $30M Funding, Hits $180M Valuation

Greptile Raises $30M in Series A Funding Round

San Francisco, CA – AI-powered code review platform Greptile has secured $30 million in Series A funding, reaching a $180 million valuation according to sources familiar with the deal. The round was led by Benchmark partner Eric Vishria, though final terms remain subject to adjustment.

From Y Combinator to Major Funding

Founded in 2023 by Georgia Tech graduate Dasksh Gupta, Greptile entered the competitive AI space after completing Y Combinator's winter 2024 batch. The company previously raised a $4 million seed round led by Initialized Capital.

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Gupta describes Greptile's technology as functioning like "an experienced colleague," using deep code understanding to identify errors and potential issues that might escape human reviewers. The platform aims to revolutionize software development workflows through advanced AI analysis.

Fierce Competition in AI Code Review

The funding comes amid intense competition in the AI-assisted development tools sector:

  • Graphite: Raised $52M Series B this year (Accel-led)
  • Coderabbit: Secured $16M Series A last year (CRV-led)
  • Multiple other startups vying for market share

Workplace Culture Controversy

The startup has drawn attention for its demanding work culture. In November 2024, Gupta publicly acknowledged the company's "lack of work-life balance," with employees typically working 9 AM to 11 PM plus weekends.

"No one cares about a company ranked third or second in the software industry," Gupta told reporters. "If you only put in 95% of your effort, it's as if you did nothing."

Key Points:

  • $30M Series A at $180M valuation (Benchmark-led)
  • Founded by Dasksh Gupta after Georgia Tech graduation
  • Faces competition from Graphite ($52M raised) and Coderabbit ($16M)
  • Controversial workplace culture with extended hours
  • Technology aims to surpass human code review capabilities