Blacksmith reaches $1B valuation with $66M Sequoia-led Series C
Blacksmith, which builds continuous integration tools for testing software including AI-generated code, raised a $66 million Series C led by Sequoia Capital at a $1 billion valuation, the company announced Wednesday. CEO Aditya Jayaprakash said annual recurring revenue has grown 17-fold and the platform has run over 90 million CI jobs, with customers including Mercury and Granola.
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The round comes just two months after a $45 million Series B valued Blacksmith at $550 million, suggesting investor appetite for infrastructure tools tied to AI-written code is accelerating rapidly. Jayaprakash's comment that trustworthiness of AI-generated code is the central question frames the company's pitch as essential plumbing for an AI-driven software industry, though actual demand sustainability remains to be proven.
- Blacksmith's valuation jumped from $550M to $1B in about two months.
- The company has raised $125 million total, including $10M Series A a year ago at $60M valuation.
- Growth metrics cited include 17x ARR growth and over 90 million CI jobs run.
Source: techcrunch.com — Dominic-Madori Davis, 2026-10-21
Published there as: “Blacksmith hits unicorn valuation after Sequoia leads Series C”
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