AI code is proliferating rapidly, intensifying review burdens for software teams and heightening risks of bugs, security vulnerabilities, and inconsistent standards. As enterprises increasingly rely on AI coding tools, robust verification has become essential.
New York-based Qodo raised $70 million in a Series B round led by Qumra Capital, bringing total funding to $120 million. Participants included Maor Ventures, Phoenix Capital Partners, S Ventures, Square Peg, Susa Ventures, TLV Partners, and Vine Ventures, as well as angels such as OpenAI’s Peter Welender and Meta’s Clara Shih.
The capital will fuel global enterprise expansion, growth of engineering/product teams, advanced AI governance features, and hiring in Tel Aviv.
Founded in 2018 by CEO Itamar Friedman, Qodo provides an AI code review and governance platform for enterprise teams. It assesses change impacts across the entire codebase, factoring in repo history, architecture, and org standards to detect issues missed by traditional tools.
The company recently ranked among the top performers on Martian’s Code Review Bench, achieving an F1 score of 50.3%. This places it ahead of competing tools such as Claude Code Review, GitHub Copilot’s review features, Amazon CodeGuru, and DeepCode (now Snyk Code), highlighting its ability to detect subtle logic errors and cross-file inconsistencies while reducing unnecessary noise for developers.
Christian Rudolph, Head of Platform Services at TUI Group, says, “The layer of governance Qodo provides is critical to delivering seamless, reliable travel experiences at a global scale. We are innovating faster while maintaining the trust our customers place in us at every stage of their journey.”
Qodo is already being used by major companies, including Walmart, NVIDIA, Red Hat, Box, Intuit, Ford Motors, and Monday.com.
“AI has made code cheap to generate, and the scarce resource is now trust. As the review layer becomes the highest-leverage control point in the development lifecycle, Qodo is building the infrastructure to make human judgment scale at the speed of AI,” said Boaz Morris, Partner at Qumra Capital.
