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Funding · Enterprise Software & IT

CodeKarma in talks for $6 Mn round

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Date
Company
CodeKarma
What it does
Software production monitoring platform
Kind
Funding
Amount
$5-6 Mn
Based in
Bengaluru
Founded
2024
Sector
Enterprise Software & IT

What they do

CodeKarma sells tools that link how software behaves once live back to the exact code behind it

What happened

Existing backers Prosus and Accel are discussing leading a fresh round of $5 Mn to $6 Mn

Why it matters

The Bengaluru company picked up $2.5 Mn a little over a year ago, so this would be its second raise

The details

  • CodeKarma is in discussions to raise between $5 Mn and $6 Mn in a new round.
  • Prosus and Accel, both already on its cap table, are expected to lead the round.
  • The talks are still live and the shape of the deal could change.
  • CodeKarma and Accel did not answer questions about the round, and Prosus would not comment.
  • The round would come a little over a year after a $2.5 Mn pre-seed raise.
  • That earlier round was co-led by Prosus, Accel and Xeed Ventures, with SenseAI Ventures and Stargazer Ventures also joining.
  • The Bengaluru company was started in 2024 and sells to software engineering teams.

The bigger picture

  • Investors are putting more money into startups that build tools for writing software in the AI era.
  • Vorflux raised $15 Mn in a Y Combinator-led seed round in July.
  • Emergent raised $130 Mn at a $1.5 Bn valuation in the same month.
  • Indian AI startups took in $676 Mn across 57 deals in the first half of 2026, over four times the year before.
  • Accel also backs Rocket, another coding startup said in June to be raising a Series A.

About the business

  • CodeKarma runs a production intelligence platform that ties the behaviour of running software back to its source code.
  • It helps teams see which code is actively used and which sits idle.
  • The platform flags performance trouble and shows how different parts of a system depend on each other.
  • It also scores the risk of changing a given piece of code.
  • KarmaLens puts production insights inside the editor a developer already uses.
  • KarmaDomain maps how microservices and APIs connect to one another.
  • KarmaPulse gives engineering managers a view of operational problems.
  • KarmaIQ feeds production context to AI coding agents.

What happens next

  • Money from the earlier round was meant to strengthen AI features and enter new enterprise segments.
  • The company has been widening its presence in the US and hiring.
  • It is working towards agents that can act on fixing problems in code by themselves.

The deal

Type
Funding round under discussion

Investors

  • Prosus (lead) — Existing backer expected to co-lead the new round.
  • Accel (co-lead) — Existing backer expected to co-lead the new round; also invested in the coding startup Rocket.
  • Xeed Ventures (existing) — Co-led the earlier pre-seed round.
  • SenseAI Ventures (existing) — Took part in the pre-seed round.
  • Stargazer Ventures (existing) — Took part in the pre-seed round.

Founders

  • Anantharam Vanchi Prakash, Cofounder and CEO
  • Priyanka Nahata, Cofounder and CTO

About CodeKarma

Product
software productivity platform which enables developers and AI systems to proactively identify hidden risks, eliminate unused code and ship software faster
Customers
Engineering teams at enterprise software companies.
How it makes money
SaaS software sold to enterprise development teams.
What sets it apart
Uses real-time production data and a closed-loop feedback system to surface actionable code insights.

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