Poolside is a technology company.
Poolside has raised $600.0M across 2 funding rounds.
Poolside has raised $600.0M in total across 2 funding rounds.
Poolside is a technology company specializing in building advanced generative AI foundation models, APIs, and coding assistants tailored specifically for software engineers and enterprise software development. Its flagship product suite includes a large language model called *malibu* and an AI pair programmer, *Poolside Assistant*, which helps developers write, edit, and review code with contextual understanding. The company focuses on delivering enterprise-grade AI solutions that emphasize security, privacy, and seamless integration into complex software environments, aiming to transform how software development work is done across organizations[1][2][3][5][6].
Founded in 2023 by Jason Warner (former CTO of GitHub) and Eiso Kant (AI and software development expert), Poolside emerged from the founders’ deep experience in developer tools and AI-powered coding platforms. The idea arose to build a full-stack generative AI solution that goes beyond simple code completion to understanding and managing entire software systems within enterprises. Early traction includes significant funding rounds, a rapidly growing team with industry veterans, and a focus on enterprise deployment with strict data privacy and security controls. The company has quickly achieved unicorn status with a valuation of $3 billion as of late 2024[3][5][6].
Poolside rides the accelerating trend of AI-driven software development automation, addressing the growing shortage of skilled developers and the increasing complexity of enterprise software systems. The timing is critical as enterprises seek AI solutions that not only generate code but also integrate securely and intelligently into their existing workflows and infrastructure. Market forces such as rising demand for AI-assisted coding, heightened security and compliance requirements, and the push for operational intelligence in software engineering environments work strongly in Poolside’s favor. By focusing on foundational AI models specialized for coding and embedding teams within enterprises, Poolside influences the broader ecosystem by setting new standards for AI reliability, security, and enterprise adoption[1][2][3][5].
Poolside is positioned to expand its influence by evolving from code completion tools to comprehensive AI systems that understand and manage entire software landscapes within organizations. Future trends shaping its journey include advances in AI generalization, tighter integration of AI with developer workflows, and increasing enterprise demand for secure, explainable AI. As Poolside continues to scale, its role may evolve from a coding assistant to a strategic partner in enterprise software innovation, potentially driving a new era of AI-augmented software engineering. Its strong leadership, innovative technology, and enterprise focus suggest it will remain a key player in the generative AI coding space[1][2][3][5][6].
Poolside has raised $600.0M in total across 2 funding rounds.
Poolside's investors include 7GC & Co, Alumni Ventures, Artisanal Ventures, Bain Capital Ventures, Bow Capital, Citi Ventures, Cusp Capital Partners, Double Prime LLP, Entrepreneur First, Essence VC, Felicis Ventures, Firstminute Capital.
Poolside has raised $600.0M across 2 funding rounds. Most recently, it raised $500.0M Series B in October 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2024 | $500.0M Series B | 7GC & Co, Alumni Ventures, Artisanal Ventures, Bain Capital Ventures, Bow Capital, Citi Ventures, Cusp Capital Partners, Double Prime LLP, Entrepreneur First, Essence VC, Felicis Ventures, Firstminute Capital, IVP, Kima Ventures, Madrona Ventures, Menlo Ventures, Motier Ventures, Pareto Holdings, Redpoint Ventures, #SecretFund, Unusual Ventures, Alexis Bonillo, Allison Pickens (Allison Pickens Ventures), Ameet Patel, Ben Porterfield, Chris Schagen, Florian Douetteau, Guy Fighel, Matt Carbonara, Neha Narkhede, Rodolphe Ardant, Ron Pragides, Thibaud Elziere | |
| Aug 1, 2023 | $100.0M Series A | 8VC, Felicis Ventures, First Round Capital, Founders Fund, Founders Future, Kima Ventures, LGF, Mangrove Capital Partners, Saga, Scribble Ventures, #SecretFund, Akshay Kothari, Alexis Bonillo, Ben Porterfield, Dylan Field, Emil Michael, Jason Citron, Sam Altman |