Qodo, a startup building artificial intelligence tools for code review, testing, and governance, has raised $70 million in a Series B funding round as enterprises grapple with a surge in AI-generated software and a growing need for trustworthy code quality.
The round was led by Qumra Capital and included participation from existing and new investors, bringing Qodo’s total funding to approximately $120 million. Venture firms such as Maor Ventures, Phoenix Venture Partners, S Ventures, Square Peg, Susa Ventures, TLV Partners, and Vine Ventures joined the deal, with individual backers including executives from OpenAI and Meta also participating.
Qodo’s platform aims to address a growing verification bottleneck in the software industry, where AI tools now generate large volumes of code that developers and engineering teams must review for correctness, security, and compliance before production deployment. The company says that traditional review tools often focus narrowly on small code changes, while Qodo’s system evaluates how code modifications impact entire systems and aligns reviews with organisational standards and risk tolerance.
According to the company, its latest product version, Qodo 2.0, uses a multi-agent architecture designed to detect subtle logic errors, cross-file issues, and other complex bugs that basic review systems can miss. In recent benchmarking, Qodo reportedly ranked first among code review tools, outperforming competitors by a significant margin.
Qodo’s founders say the timing of the funding reflects a broader shift in the industry from simply generating code with AI to ensuring that it works reliably at scale. Itamar Friedman, the company’s CEO and co-founder, described the challenge as moving from “stateless AI” focused on generation to “stateful systems” that provide contextual understanding and quality assurance.
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The company already counts several large enterprises among its customers, including technology and retail firms that are increasingly integrating AI coding tools into their software development workflows.
With the new capital, Qodo plans to expand its engineering and product teams, enhance its platform’s governance capabilities, and support broader adoption across industries that are scaling the use of AI for software creation.
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