1 hr ago
CodeKarma in Talks to Raise $6 Mn From Prosus, Accel
CodeKarma is a young company that makes tools for software teams.
Its tools help developers understand what their computer code is doing.
The company is talking with Prosus and Accel about raising $5 Mn to $6 Mn.
These investors already helped fund CodeKarma before.
CodeKarma previously raised $2.5 Mn in a pre-seed round.
Its products can find unused code, performance problems, and links between software services.
One product also gives information to AI tools that write code.
The company hopes to build AI agents that can help fix software problems.
The funding discussions are still ongoing and may change.
CodeKarma is reportedly discussing a $5 Mn to $6 Mn funding round.
Existing investors Prosus and Accel are expected to lead the proposed round.
The talks follow CodeKarma’s $2.5 Mn pre-seed round raised a little over a year ago.
Founded in 2024, CodeKarma develops software that helps enterprises understand code performance and dependencies.
The Bengaluru startup’s platform is designed to support developers and AI coding agents managing production software.
- Who
- Bengaluru-based enterprise technology startup CodeKarma, with Prosus and Accel expected to lead the proposed round.
- What
- CodeKarma is in talks to raise $5 Mn to $6 Mn in fresh funding.
- Where
- CodeKarma is based in Bengaluru, India.
- When
- The discussions were reported a little over a year after CodeKarma’s $2.5 Mn pre-seed round.
- Why
- The proposed funding reflects interest in software infrastructure for managing increasingly AI-generated code and could support CodeKarma’s product and AI development.
Key facts
- Proposed round
- $5 Mn to $6 Mn
- Expected lead investors
- Prosus and Accel
- Previous funding
- $2.5 Mn pre-seed round
- Founded
- 2024
- Headquarters
- Bengaluru
- Founders
- Anantharam Vanchi Prakash and Priyanka Nahata
- Core platform
- Production intelligence software for developers and AI coding agents
Sources
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