Blacksmith Raises $66M to Become $1B Unicorn

Code testing startup Blacksmith hits $1 billion valuation after $66M Series C funding round.

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Oct 22, 2026

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Blacksmith Raises $66M to Become $1B Unicorn

Code testing startup Blacksmith hits $1 billion valuation after $66M Series C funding round.

In brief

Code testing startup Blacksmith hits $1 billion valuation after $66M Series C funding round. Blacksmith Software Inc. became a $1 billion unicorn after raising $66 million in Series C funding led by Sequoia Capital. Originally reported by SiliconANGLE.

Blacksmith Software Inc. Valuation

Blacksmith Software Inc. says it’s now valued at $1 billion after closing a $66 million Series C round of funding today.

Funding Round Details

The round was led by Sequoia Capital and saw participation from Peak XV Partners, Y Combinator and GV, bringing total raised to $125 million.

Previous Funding Rounds

Blacksmith raised $45 million in a Series B round led by Peak XV two months ago and $10 million in September 2025.

Blacksmith's CI Cloud Service

Blacksmith offers a CI cloud service for continuous integration, automating builds and testing software before deployment.

AI Impact on Code Testing

Before AI coding tools, developers spent half their time writing code and half waiting for tests to pass.

Blacksmith's Current Traction

Blacksmith serves over 10,000 companies with 90 million code checks per week and 17x annual recurring revenue growth.

Future Plans

Blacksmith will use $66 million to buy more servers and expand its team from 40 to 75 employees by year-end.

The essence

Blacksmith Software Inc. became a $1 billion unicorn after raising $66 million in Series C funding led by Sequoia Capital.

Read the original on SiliconANGLE

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