CodeRabbit raised $143M at a $1.5B valuation to govern AI-written code: 2M reviews a week, 17,000 customers, revenue up more than 5x.

The Series C, co-led by Atomico and Smash Capital, landed August 12 alongside a product line the company calls agentic change management. Named customers include Adyen, BMW, NVIDIA, Indeed and JFrog, and it's committing over $10M in free review capacity to open source over the next year. Businesswire The category stopped being "AI writes code." It's a paid governance layer between agent output and the main branch, and investors price that layer at unicorn multiples now.