Supermaven, a New York-based AI coding platform, has raised $12 million in funding round.
Investors
The round was led by Bessemer Venture Partners, with contributions from high-profile angel investors such as OpenAI co-founder John Schulman and Perplexity co-founder Denis Yarats.
Bessemer Venture Partners supports entrepreneurs in building lasting companies, from early stages through growth. With over 145 IPOs and 300 portfolio companies, Bessemer manages more than $18 billion in assets. Their global team operates from major cities, including Tel Aviv, Silicon Valley, and London.
Supermaven Use of Funds
The fresh funding will be used to expand the team and further develop Supermaven’s text editor, which is currently in beta.
About Supermaven
Founded by Jacob Jackson, Supermaven provides an AI-powered coding platform. Powered by its proprietary AI model, Babble, the platform offers developers a low-latency, large-context coding assistant designed to enhance workflow efficiency. Since its launch in February, Supermaven has attracted over 35,000 users. The company's goal is to build valuable tools using cutting-edge technology.
Funding Details
Company: Supermaven, Inc.
Raised: $12.0M
Round: Unknown
Funding Date: September 2024
Lead Investor: Bessemer Venture Partners
Additional Investors: John Schulman, Denis Yarats
Company Website: https://supermaven.com/
Software Category: AI Coding Assistant
Source: https://techcrunch.com/2024/09/16/ai-coding-assistant-supermaven-raises-cash-from-openai-and-perplexity-founders/