# Code Climate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/code-climate

- Industry: Software
- Headquarters: New York, US
- Website: www.codeclimate.com
- Total disclosed funding: $64M
- Latest round: Series C (Sep 1, 2021)
- Investors on record: 7

## About

Based in New York, US, and founded in 2011, Code Climate operates as an engineering intelligence platform. The company was founded by its CEO Bryan Helmkamp, and Noah Davis. In September 2021, Code Climate Inc. raised USD 50 million in series C funding led by Providence Strategic Growth, Foundry Group, and Union Square Ventures.

The product line of Code Climate includes Code Climate Velocity, which is a platform that turns Jira and DevOps data into insights that enable businesses like Faire, Instacart, and Forbes to increase the productivity of their engineering and product departments; and Code Climate Quality, an automated tool for code review that consistently and quickly produces high-quality codes.

The company generates revenue from its two products: Velocity, whose packs vary as a team, startup (USD 449/year), company (USD 649/year), and enterprise; and Quality, whose packs vary as open source, startup, and team (USD 16.67/month).

The company plans to use the funds raised in September 2021 to advance its product vision, extend its sales reach, and scale customer success.

## Funding rounds

- Series C, Sep 1, 2021, $50M — Union Square Ventures, Foundry Group, NextView Ventures, Lerer Hippeau Ventures, PSG Equity
- Series B, May 11, 2020, $7.2M — Trinity Ventures, Union Square Ventures, Foundry Group, NextView Ventures, Lerer Hippeau Ventures
- Series A, Jun 17, 2016, $4.5M — Trinity Ventures, Union Square Ventures, NextView Ventures, Lerer Hippeau Ventures, Fuel Capital
- Seed, Sep 18, 2014, $2M — Trinity Ventures, NextView Ventures, Lerer Hippeau Ventures, Fuel Capital

## Investors

- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Seed, Series A, Series B
- NextView Ventures (https://capitalatlas.ai/funds/nextview-ventures) — Seed, Series A, Series B, Series C
- Lerer Hippeau Ventures — Seed, Series A, Series B, Series C
- Fuel Capital — Seed, Series A
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Series A, Series B, Series C
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series B, Series C
- PSG Equity (https://capitalatlas.ai/funds/psg-equity) — Series C