Qodo raises $70M Series B led by Qumra Capital Total funding reaches $121M 1M+ developers using Qodo tools Customers include Nvidia, Walmart, Red Hat, Intuit Formerly CodiumAI - rebranded 2024 Qodo 2.0 multi-agent code review tops benchmarks "Intelligence is enough for generation. Wisdom is a must for governance." Qodo raises $70M Series B led by Qumra Capital Total funding reaches $121M 1M+ developers using Qodo tools Customers include Nvidia, Walmart, Red Hat, Intuit Formerly CodiumAI - rebranded 2024 Qodo 2.0 multi-agent code review tops benchmarks "Intelligence is enough for generation. Wisdom is a must for governance."
Company Dossier  /  Developer Tools & AI Tel Aviv · New York · Est. 2022
Qodo logo

Qodo

The AI that reads your pull request the way your best senior engineer would - and stops the bad code before it ships.

QODO, FORMERLY CODIUMAI — A NAME BLENDING "QUALITY" AND "CODE." FOUNDED BY ITAMAR FRIEDMAN AND DEDY KREDO, TEL AVIV, 2022.

Code Integrity AI Code Review Test Generation $121M Raised
$121M
Total Funding
1M+
Developers
2022
Founded
~100
Employees
The Story

Everyone raced to generate code.
Qodo built the layer that checks it.

In the gold rush of AI-assisted programming, most tools compete on one metric: how fast they can produce code. Qodo picked a harder question. As machines write a growing share of the world's software, who verifies it? The company - founded in 2022 as CodiumAI and rebranded to Qodo in 2024 - builds AI agents that review code, generate tests, and enforce an organization's own quality standards across the development lifecycle.

The pitch lands because the bottleneck has moved. When generation gets cheap, review gets expensive. Qodo's agents plug into the tools engineers already use - VS Code and JetBrains IDEs, a command-line agent, and pull-request reviews on GitHub, GitLab, Bitbucket, and Azure DevOps - and apply consistent checks to local edits, pull requests, and CI pipelines alike.

By its March 2026 Series B, Qodo said its enterprise footprint had grown roughly 11x in a year, its tools had reached more than a million developers, and its customer roster had come to include names like Nvidia, Walmart, Red Hat, Intuit, Texas Instruments, and Monday.com.

Intelligence is enough for generation. Wisdom is a must for governance. The future of software is autonomous, but it must also be wise.
Itamar Friedman — Co-Founder & CEO, Qodo
The Problem

"Software slop" and the trust gap

Qodo framed its Series B around a phrase that resonates with any engineering leader watching AI velocity climb: software slop - the flood of AI-generated code that looks plausible, passes a glance, and works until it quietly doesn't. The more code AI writes, the larger the pile of changes no human has fully reasoned about.

Volume

Too much to review

AI generates code faster than teams can meaningfully inspect it, so risky changes slip through.

Context

Missing the big picture

Generic tools judge an isolated diff without the codebase history or prior PR decisions that give it meaning.

Standards

Every team is different

"Good code" lives in senior engineers' heads and past reviews. Qodo captures those rules and applies them consistently.

Products & Services

A toolkit for the whole write-test-review loop

IDE + CLI

Qodo Gen

An assistant inside VS Code and JetBrains offering code generation, test generation, local review, and codebase-grounded chat.

PR Review

Qodo Merge

A hosted, multi-agent reviewer that analyzes pull requests on GitHub, GitLab, Bitbucket, and Azure DevOps - posting summaries, risk analysis, inline comments, and test suggestions. It grew from the open-source PR-Agent.

Testing

Qodo Cover

An agent that generates and validates unit tests to raise coverage and catch regressions before they merge.

Automation

Qodo Command

A CLI agent for scripting, automation, and running Qodo's agents directly inside CI/CD pipelines.

Under the hood — Qodo 2.0 / 2.2

Qodo describes its newest platform as "artificial wisdom" built from three pillars: a multi-agent fabric of specialized review agents, a context engine drawing on codebase history and past pull-request decisions, and rules-lifecycle management that captures an organization's own coding standards.

The Money

Three rounds, $121M, one thesis

$11M
Seed2023 · TLV, Vine, OpenAI angel
$40M
Series A2024 · Susa, Square Peg
$70M
Series B2026 · Qumra Capital

The $70M Series B, announced March 2026, was led by Qumra Capital with Maor Ventures, Phoenix Venture Partners, S Ventures, Square Peg, Susa Ventures, TLV Partners, and Vine Ventures - plus angels including OpenAI's Peter Welinder and Meta's Clara Shih. The company said it would use the funds to scale enterprise operations globally and deepen AI-driven governance.

Who Uses It

From open-source solo devs to the Fortune 100

Qodo's model is developer-led: a free tier hooks individual engineers and open-source projects, team plans add compliance and best-practices learning, and enterprise contracts bring analytics, multi-repository awareness, SSO, and air-gapped, on-premises deployment for regulated industries.

NvidiaWalmartRed HatIntuitTexas InstrumentsMonday.comMultiple Fortune 100

How Qodo differs

DimensionQodoGeneration-first tools
Primary focusVerification, testing, governanceCode completion & generation
Review scopeGitHub, GitLab, Bitbucket, Azure DevOpsOften GitHub-centric
StandardsLearns your org's definition of qualityGeneric best practices
DeploymentCloud, on-prem, air-gappedMostly cloud
OriginBuilt around code integrityBuilt around autocomplete

Competitive landscape includes GitHub Copilot, Cursor, Amazon Q Developer, Sourcegraph Cody, and review specialists like CodeRabbit and cubic. Qodo's wedge is the verification layer rather than the generation moment.

Timeline

CodiumAI to Qodo

2022

CodiumAI is founded

Itamar Friedman and Dedy Kredo launch the company in Israel around AI-assisted code integrity and testing.

2023

Seed round & open source

Raises ~$11M from TLV Partners, Vine Ventures, and angels including OpenAI's Peter Welinder; open-sources PR-Agent.

2024

Rebrand & $40M Series A

CodiumAI becomes Qodo - "Quality" + "Code" - alongside a Series A led by Susa Ventures and Square Peg.

2025

Past 1M developers

Adoption crosses a million developers and lands enterprise customers, including Fortune 100 names.

2026

$70M Series B & Qodo 2.0

Raises a $70M Series B led by Qumra Capital ($121M total) and launches its multi-agent Qodo 2.0 platform.

The Founders

A second act built on verification

CEO Itamar Friedman is a repeat founder. He previously co-founded Visualead, a visual-QR-code startup acquired by Alibaba, and went on to direct machine vision at Alibaba's Israeli AI lab. His co-founder, Dedy Kredo, previously led product and data-science work at companies including VMware.

Their framing of the market has been consistent: the value in AI coding isn't only in producing more code, but in producing code teams can actually trust. Friedman poses it as a question - "what would it take for agents to judge code the way your best engineers do?"

FUN FACT 01

The name Qodo is a blend of "Quality" and "Code."

FUN FACT 02

Its mascot is an anteater in dark sunglasses inside a purple circle - a nod to sniffing out bugs.

FUN FACT 03

OpenAI's Peter Welinder backed the company before it had even rebranded to Qodo.

FAQ

Questions people ask

What does Qodo do?
Qodo builds AI agents that review code, generate tests, and enforce quality and governance standards across the software development lifecycle, integrating with IDEs and version-control platforms like GitHub and GitLab.
Was Qodo previously called something else?
Yes. Qodo was founded as CodiumAI in 2022 and rebranded to Qodo - a blend of "Quality" and "Code" - in September 2024.
Who founded Qodo and where is it based?
It was founded by Itamar Friedman (CEO) and Dedy Kredo, and is headquartered in Tel Aviv, Israel, with operations in the United States.
How much funding has Qodo raised?
About $121M total - an $11M seed, a $40M Series A in 2024, and a $70M Series B led by Qumra Capital in March 2026.
How is Qodo different from GitHub Copilot?
Copilot focuses on general-purpose code generation and completion, while Qodo specializes in verifying code - test generation, multi-agent pull-request review, and governance - across GitHub, GitLab, Bitbucket, and Azure DevOps.
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