capital · May 22, 2026
Blitzy Raises $200 Million at $1.4 Billion Valuation to Advance Autonomous Software Development
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Blitzy announced a $200 million funding round at a $1.4 billion valuation on May 5, 2026. The round was led by Northzone with participation from PSG, Battery Ventures, Jump Capital, Morgan Creek Digital, Defiant, Flybridge, Link Ventures, NFX, Picus Capital, Venture Guides, Liberty Mutual Strategic Ventures, Erie Strategic Ventures, and BAL Ventures. Blitzy's platform reverse-engineers codebases of 1M-100M+ lines of code and orchestrates thousands of AI agents using models from Google, Anthropic, and OpenAI to complete multi-month development projects autonomously. Northzone led the round after Blitzy's prior $4.4 million raise in 2024.
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