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CodeBot

AI pair programmer for enterprise teams

AI/MLSeed$10M - $50M
Final Score
73
Tier 2: High Growth / Low Moat

Negotiate valuation

Investment Decision

Tier 2: High Growth / Low Moat

Likely burn-heavy with stiff competition

Recommended Action

Negotiate valuation

Headquarters

San Francisco, CA

Founded

2023

Employees

20-30

About

CodeBot is an AI-powered development assistant that increases engineering productivity by 50%. Our enterprise-focused platform understands your codebase and helps developers ship faster with fewer bugs.

Weighted Scoring Breakdown
Execution Power

Weight: 30%

85.0

Founder-Market Fit + Revenue Velocity

Capital Efficiency

Weight: 30%

62.5

Burn Multiple + LTV/CAC

Durable Moat

Weight: 25%

67.5

Proprietary Data + Integration Depth

Growth Potential

Weight: 15%

80.0

NRR + K-Factor

Evaluation Metrics (1-100 Scale)
Founder-Market FitTarget: 10+ yrs domain + serial exit

6 yrs domain exp

Revenue VelocityTarget: >200% YoY Growth

400% YoY ARR Growth

Burn MultipleTarget: <1.0x

2.12x (Net Burn / Net New ARR)

LTV/CAC RatioTarget: >5x

6.7x ($32K / $4.8K)

Proprietary DataTarget: >80%

52% private data

Integration DepthTarget: >5 active hooks

6.2 avg APIs per user

Net Revenue RetentionTarget: >120%

120% NRR

K-FactorTarget: >1.0

1.68 (3.5 invites x 48% conv)

Key Employees
AJ

Alex Johnson

CEO & Co-Founder

Former GitHub Copilot, senior engineer

ED

Emma Davis

CTO & Co-Founder

Former OpenAI, GPT fine-tuning lead

CL

Chris Lee

Head of Product

Former JetBrains, IDE product manager

Financial Metrics

Revenue (ARR)

$1.5M ARR

+400% YoY

Gross Margin

82%

Burn Rate

$150K/month

Runway

14 months

LTV

$32,000

CAC

$4,800

Investment Details
Total Raised$6M
Last Round$5M Seed
Last Round DateDecember 2024
Target Raise$20M Series A
Minimum Investment$50,000

Lead Investors

First Round CapitalFounders Fund
Key Highlights
  • 400% revenue growth in first year
  • 50% productivity improvement for dev teams
  • Enterprise security with on-prem deployment option
  • Team from GitHub Copilot and OpenAI
Risk Factors
  • Intense competition from GitHub, Google, Amazon
  • Rapid commoditization of AI coding tools
  • Enterprise security and IP concerns