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

Greptile, a YC-backed AI-powered code review startup, is in talks with Benchmark to lead its Series A funding round, according to sources familiar with the matter. The potential deal would value Greptile at around $180 million. Greptile's AI-based technology aims to automate the code review process, helping developers identify and fix issues more efficiently. The company has gained traction since its inception, attracting attention from investors due to the growing demand for tools that enhance software development workflows. The reported $30 million Series A round would enable Greptile to further develop its product, expand its engineering team, and scale its operations to meet the needs of its growing customer base. The involvement of a renowned venture capital firm like Benchmark is seen as a validation of Greptile's potential and the broader market opportunity in the AI-powered software development space. This potential funding round underscores the increasing focus on leveraging AI and automation to streamline software development processes, which is crucial for businesses looking to stay competitive in the rapidly evolving technology landscape.