Blacksmith Achieves Unicorn Valuation Following $66 Million Series C Funding Round
Blacksmith, a software development platform specializing in continuous integration (CI) and AI-generated code validation, has raised $66 million in a Series C funding round led by Sequoia. This latest injection of capital brings the company's valuation to $1 billion, marking its transition into unicorn status. The company is positioning itself as a critical infrastructure layer for the era of AI agents, addressing the increasing difficulty companies face in testing and trusting high volumes of automated code. Blacksmith reports significant growth metrics, including a 17x increase in annual recurring revenue (ARR) and the execution of over 90 million CI jobs to date. This funding follows rapid scaling for the startup; its valuation has surged from $60 million a year ago to $550 million during its Series B just two months prior. The company's current customer base includes Mercury and Granola.
