Qodo Raises $70 Million to Scale AI Code Governance for Enterprise Software Teams

New updates have been reported about Qodo.

Qodo has secured $70 million in Series B financing, lifting total funding to $120 million and positioning the company to expand its AI code review and governance platform globally. The round, led by Qumra Capital with participation from Maor Ventures, Phoenix Capital Partners, S Ventures, Square Peg, Susa Ventures, TLV Partners, Vine Ventures, and notable angels from OpenAI and Meta, underscores investor conviction that AI-generated code is outpacing traditional review and quality assurance processes.

The company’s platform is designed to serve as a trust and governance layer for enterprises deploying AI-assisted development at scale, assessing not only what code has changed but also the broader impact across repositories, code history, and organization-specific standards. Qodo recently ranked among the top performers on Martian’s independent Code Review Bench with an F1 score of 50.3%, ahead of competing AI review tools, highlighting its ability to detect subtle logic flaws, cross-file inconsistencies, and architectural violations while limiting noise for developers.

Enterprise users, including large global brands, rely on Qodo to ensure AI-generated code complies with performance, security, and regulatory requirements, with customers citing the platform’s role in maintaining reliability and customer trust while accelerating innovation. Survey data from Qodo indicates that 95% of developers adjust their review rigor when they know code is AI-generated, and nearly half add extra tests or documentation, reinforcing the demand for a scalable, automated governance solution.

With the new capital, Qodo plans to enlarge its engineering and product organizations, beginning with immediate hiring in its Tel Aviv office, and to accelerate development of advanced governance capabilities tailored to mission-critical AI workflows. CEO and co-founder Itamar Friedman describes Qodo’s strategic aim as building a “system of record” for code quality and trust, as enterprises move from experimentation to production-grade AI automation, while lead investor Qumra Capital characterizes Qodo’s review layer as the missing integrity infrastructure in the AI development lifecycle.

Qodo’s current platform release, Qodo 2.2, uses multi-agent review and full-repository context, including prior pull request decisions, to generate more precise, explainable feedback and enforce custom engineering policies. For executives, the funding and technology roadmap signal Qodo’s intent to become a core control point in the software delivery pipeline, enabling organizations to extract productivity gains from AI-generated code without sacrificing governance, risk management, or compliance at enterprise scale.