Funding · Enterprise Software & IT
CodeKarma in talks for $6 Mn round
By Startup Enthusiast ·
- 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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