AI code-testing startup Blacksmith’s valuation jumps almost 10x in less than a year
Blacksmith raised $45 million in a Series B round led by Peak XV Partners, valuing the company at $550 million, with additional participation from GV and Y Combinator. The company, founded in 2024, helps businesses build, test, and verify software before production, serving over 5,000 customers, including major platforms like Mercury and Supabase. It has grown its workforce to 30, achieving annualized revenue of tens of millions of dollars, and focuses on speed and affordability to differentiate itself in a competitive market.
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