Qodo Raises $70 Million in Series B

Qodo, a Tel Aviv, Israel–based AI code review and governance platform, has raised $70 million in Series B funding, bringing its total capital raised to $120 million.

The round was led by Qumra Capital, with participation from Maor Ventures, Phoenix Capital Partners, S Ventures, Square Peg, Susa Ventures, TLV Partners, Vine Ventures, Peter Welender, and Clara Shih.

Qumra Capital is a Tel Aviv–based venture capital firm that focuses on investing in late-stage technology companies that have already demonstrated strong product–market fit and meaningful revenue. The firm specializes in scale-up investing, providing capital and strategic support to help companies expand globally, strengthen operations, and grow from mid-sized businesses into large market leaders. Its primary focus areas include SaaS, cybersecurity, fintech, and data-driven technologies.

The company will use the funding to scale its global enterprise operations, expand its engineering and product teams, and accelerate the development of advanced AI-driven governance capabilities.

Founded by Itamar Friedman and Dedy Kredo, Qodo is an AI-powered code review and governance platform designed to transform today’s high-velocity code generation into high-quality software. It helps enterprise developers and engineering teams ensure the quality, security, and compliance of AI-generated code in production environments. With Qodo 2.2, the platform offers advanced context engineering and a multi-agent review system that leverages full-repository signals. Headquartered in Tel Aviv, Israel, with a presence in New York City, Qodo serves major enterprises, such as Walmart, NVIDIA, Red Hat, Box, Intuit, Ford Motor Company, and monday.com.

Funding Details

Company: Qodo

Raised: $70.0M

Round: Series B

Funding Date: March 2026

Lead Investor: Qumra Capital

Additional Investors: Maor Ventures, Phoenix Capital Partners, S Ventures, Square Peg, Susa Ventures, TLV Partners, Vine Ventures, Peter Welender, Clara Shih

Company Website: https://www.qodo.ai/

Software Category: AI Code Review & Governance Platform