AI Code Detection Company Blacksmith Completes $45 Million Series B Financing Round, Led by Peak XV Partners

August 13th, AI code detection company Blacksmith announced the completion of a $45 million Series B financing round, led by Peak XV Partners with participation from GV and Y Combinator, bringing the company's valuation to $550 million.

Founded in 2024, Blacksmith primarily verifies the quality of AI-generated code. Its competitors include GitHub Actions, Cursor Automations, as well as code validation features integrated into Codex and Claude Code. The new funding will be used to further expand its development tool suite to help developers speed up the software writing, validation, and merging process.