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Codegen

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A platform with GPT-4 for enterprise codebases

San Francisco, United StatesFounded 2023AI
Valuation $50–100M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Codegen and the history behind them.

About Codegen

Codegen is a San Francisco-based company, founded in 2023 by Jay Hack, an AI researcher and former machine learning engineer at Palantir. The company is developing an AI-powered platform designed to automate software engineering tasks. In July 2023, Codegen secured $16.2 million in a seed funding round led by Thrive Capital, with participation from angel investors including Quora CEO Adam D'Angelo and Instagram co-founder Mike Krieger. This investment valued the startup at $60 million and is intended to scale its workforce and infrastructure.

The core of Codegen's business is an AI agent that functions as a developer teammate, capable of performing tasks like code reviews, bug fixes, and feature implementation through natural language instructions. The platform aims to address complex, codebase-wide issues such as large-scale migrations and refactoring, distinguishing it from tools focused solely on code autocompletion. It integrates with existing developer workflows and tools like GitHub, Slack, Linear, and Jira, allowing users to assign tickets and request pull requests directly within these environments. This enables both technical and non-technical team members to contribute to building and refining features.

Codegen serves software development teams, tech startups, and enterprise IT departments, aiming to enhance productivity and accelerate development cycles. The business model appears to be enterprise-focused, offering both a fully managed cloud version and an on-premises deployment option for clients requiring maximum control within their own VPC. The platform is built for enterprise use with features like fine-grained permissions, audit trails, and SOC 2 Type II compliance. While the company had not announced paying customers as of late 2023, it was being incubated with large enterprise partners. Codegen provides a Python SDK to allow for deeper integration of its AI capabilities into a company's existing tools.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2023
Headquarters
San Francisco, United States
Employees
12
Open positions
None listed
Dealroom signal
71.8/100
Industry
Enterprise Software
Sector
AI, Coding, Core AI, Generative AI, genAI Applications, AI Agents
Technology
Artificial Intelligence
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Dec 2025 $0 — ClickUp ↗
SEED✓Equity / VC Nov 2023 $16M $64M Thrive Capital · Mike Krieger · Adam D’Angelo ↗
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Growth signals

Codegen website traffic

Latest recorded traffic for Codegen is 64K monthly website visits, up 3.2% over the last three months. Codegen's team declined 20% over the past year.

Latest monthly visits64K 3-month web change+3.2% 1-year team growth-20%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Other known investors3 additional known investors

Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Francisco HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Codegen on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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