Global segment ranking · Artificial intelligence › Agents

The world’s most valuable AI coding startups

Autonomous software-engineering agents, AI coding assistants, AI app builders (vibe coding) and AI code review. Ranked worldwide by AI-estimated valuation. The market sets the value; our AI estimates it.

Edition 0 (beta) · Published September 29, 2026 Twice a yearNext edition: January 1, 2027· Claude · multi-AI consensus in a future edition· Published method· Order never changed by a human

Declare an interest in Coding agents

Key metrics for this segment: revenue / arr, users / customers. Figures as published by each company or the press, dated, not recalculated. The AIs weigh them alongside funding history and comparables.

Not in this segment. Foundation-model labs (OpenAI, Anthropic, Mistral, Reflection AI), big-tech assistants (GitHub Copilot) and developer clouds (Vercel) sit outside this segment. Acquired companies are no longer ranked: Cursor (SpaceX, 2026), Windsurf (Cognition), Graphite, Tabnine, Kilo Code, Codegen, Base44. A company appears in one segment only. Method

The segment at a glance

20companies ranked

11companies on the radar

6countries in the ranking

8listed benchmarks

Sources: TechCrunch, Bloomberg, Reuters, The Next Web, BusinessWire, Dealroom, Sacra, Inc42, Entrackr, Calcalist, company announcements. Intention counters will be shown above a threshold of amount and number of Backers.

Rankings by region

Filter the ranking and the Radar. Ranks stay worldwide.

Global ranking · Coding agents

Top 20 Radar Challengers

First edition: no movements yet.

World · 20 ranked companies

#	Company	Last round · Key metrics	Estimated valuation (AI, order of magnitude)	Confidence
1	CognitionUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series E · USD 2bn · Sep 2026Revenue / ARR annualised run-rate USD 900M (Sep 2026) · enterprise customers incl. Goldman Sachs, Santander, Mercedes-Benz (2026)	Last known equity round: Series E · USD 2bn · Sep 2026 (a16z, Accel, Founders Fund, General Catalyst, Avenir) Published valuation: USD 48bn (Sep 2026) Confidence index: HighMethod	Solid sources
2	LovableSweden · EuropeSources: 1 · 2Is this your company? Report an error	Series C · USD 400M · Aug 2026Revenue / ARR annualised revenue USD 500M (Jun 2026) · 60M+ projects created (Aug 2026)	Last known equity round: Series C · USD 400M · Aug 2026 (led by Menlo Ventures, co-led by Scaleup Europe Fund (EQT); Accel, CapitalG, Balderton, Tencent) Published valuation: USD 13.3bn (Aug 2026) Confidence index: HighMethod	Solid sources
3	ReplitUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series D · USD 400M · Mar 2026Revenue / ARR annualised revenue USD 150M (Sep 2025) · 50M+ registered users (Mar 2026)	Last known equity round: Series D · USD 400M · Mar 2026 (led by Georgian, with G Squared, Prysm, a16z, Coatue, QIA) Published valuation: USD 9bn (Mar 2026) Confidence index: HighMethod	Solid sources
4	PoolsideUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series B · USD 500M · Oct 2024Key metrics not disclosed	Last known equity round: Series B · USD 500M · Oct 2024 (led by Bain Capital Ventures, with DST Global, eBay, Nvidia) Published valuation: USD 12bn (reported, not confirmed by the company) (Aug 2026) Confidence index: LowMethod	Weak sources
5	FactoryUnited States · North AmericaSources: 1 · 2 · 3Is this your company? Report an error	Growth round · USD 200M · Sep 2026Revenue / ARR revenue doubled month on month for six months (Apr 2026) · customers incl. Nvidia, Adobe, EY, Palo Alto Networks (Sep 2026)	Last known equity round: Growth round · USD 200M · Sep 2026 (Blackstone, Khosla Ventures, Sequoia, Insight Partners, NEA) Published valuation: USD 5bn (Sep 2026) Confidence index: HighMethod	Solid sources
6	EmergentIndia · Asia-PacificSources: 1 · 2Is this your company? Report an error	Series C · USD 130M · Jul 2026Revenue / ARR USD 120M · 200,000+ paying customers · Jul 2026	Last known equity round: Series C · USD 130M · Jul 2026 (led by Creaegis, with Khosla Ventures, SoftBank Vision Fund 2, Lightspeed, Y Combinator) Published valuation: USD 1.5bn (Jul 2026) Confidence index: HighMethod	Solid sources
7	CodeRabbitUnited States · North AmericaSources: 1Is this your company? Report an error	Series C · USD 143M · Aug 2026Revenue / ARR revenue up more than 5x year on year · 17,000+ customers · Aug 2026	Last known equity round: Series C · USD 143M · Aug 2026 (co-led by Atomico and Smash Capital, with CRV, Scale Venture Partners, Datadog) Published valuation: USD 1.5bn (Aug 2026) Confidence index: HighMethod	Solid sources
8	BlitzyUnited States · North AmericaSources: 1Is this your company? Report an error	Growth round · USD 200M · May 2026Revenue / ARR: n/d · dozens of Global 2000 enterprises · May 2026	Last known equity round: Growth round · USD 200M · May 2026 (led by Northzone, with PSG, Battery Ventures, Jump Capital, NFX) Published valuation: USD 1.4bn (May 2026) Confidence index: HighMethod	Solid sources
9	Code MetalUnited States · North AmericaSources: 1Is this your company? Report an error	Series B · USD 125M · Feb 2026Key metrics not disclosed	Last known equity round: Series B · USD 125M · Feb 2026 (led by Salesforce Ventures, with Accel, B Capital, J2, RTX Ventures) Published valuation: USD 1.2bn (Feb 2026) Confidence index: HighMethod	Solid sources
10	MagicUnited States · North AmericaSources: 1Is this your company? Report an error	Equity round · USD 320M · Aug 2024Revenue / ARR no commercial product yet · Users / customers: n/d	Last known equity round: Equity round · USD 320M · Aug 2024 (Eric Schmidt, Jane Street, Sequoia, Atlassian, CapitalG) Published valuation: about USD 1.5bn (reported) (Aug 2024) Confidence index: LowMethod	Weak sources
11	StackBlitz (Bolt.new)United States · North AmericaSources: 1 · 2Is this your company? Report an error	Series B · USD 105.5M · Jan 2025Revenue / ARR USD 40M · Users / customers: n/d · Mar 2025	Last known equity round: Series B · USD 105.5M · Jan 2025 (led by Emergence and GV, with Madrona, Conviction, Mantis) Published valuation: about USD 700M (reported) (Jan 2025) Confidence index: MediumMethod	Partial sources
12	Augment CodeUnited States · North AmericaSources: 1Is this your company? Report an error	Series B · USD 227M · Apr 2024Key metrics not disclosed	Last known equity round: Series B · USD 227M · Apr 2024 (Sutter Hill, Index Ventures, Innovation Endeavors, Lightspeed) Published valuation: USD 977M (Apr 2024) Confidence index: LowMethod	Weak sources
13	8090United States · North AmericaSources: 1Is this your company? Report an error	Series A · USD 135M · Jun 2026Key metrics not disclosed	Last known equity round: Series A · USD 135M · Jun 2026 (led by Salesforce Ventures, with WndrCo, Craft Ventures, The Production Board) No confirmed published valuation Confidence index: MediumMethod	Partial sources
14	TesslUnited Kingdom · EuropeSources: 1Is this your company? Report an error	Series A · USD 100M · Nov 2024Key metrics not disclosed	Last known equity round: Series A · USD 100M · Nov 2024 (led by Index Ventures, with Accel, GV, boldstart) Published valuation: about USD 750M (reported) (Nov 2024) Confidence index: LowMethod	Weak sources
15	QodoIsrael · Middle East & North AfricaSources: 1Is this your company? Report an error	Series B · USD 70M · Mar 2026Revenue / ARR: n/d · customers incl. Nvidia, Walmart, Red Hat, Intuit · Mar 2026	Last known equity round: Series B · USD 70M · Mar 2026 (led by Qumra Capital, with TLV Partners, Square Peg, Susa Ventures) No confirmed published valuation Confidence index: MediumMethod	Partial sources
16	EntireUnited States · North AmericaSources: 1Is this your company? Report an error	Seed · USD 60M · Feb 2026Key metrics not disclosed	Last known equity round: Seed · USD 60M · Feb 2026 (led by Felicis) Published valuation: USD 300M (Feb 2026) Confidence index: HighMethod	Solid sources
17	WarpUnited States · North AmericaSources: 1 · 2Is this your company? Report an error	Series B · USD 50M · Jun 2023Revenue / ARR: n/d · close to 1M developers · Apr 2026	Last known equity round: Series B · USD 50M · Jun 2023 (led by Sequoia) No confirmed published valuation Confidence index: LowMethod	Weak sources
18	RocketIndia · Asia-PacificSources: 1 · 2Is this your company? Report an error	Seed · USD 15M · Sep 2025Revenue / ARR about USD 4.5M revenue · 400,000+ users in 180 countries · Jun 2026	Last known equity round: Seed · USD 15M · Sep 2025 (co-led by Salesforce Ventures and Accel) Published valuation: about USD 60M (reported) (Sep 2025) Confidence index: LowMethod	Weak sources
19	GreptileUnited States · North AmericaSources: 1 · 2 · 3Is this your company? Report an error	Series A · USD 25M · Sep 2025Revenue / ARR: n/d · 2,000+ customers · Jan 2026	Last known equity round: Series A · USD 25M · Sep 2025 (led by Benchmark, with Y Combinator, Initialized) Published valuation: about USD 180M (reported) (Jul 2025) Confidence index: MediumMethod	Partial sources
20	YouWareChina · Asia-PacificSources: 1Is this your company? Report an error	Pre-seed · USD 50M (cumulative) · Nov 2025Key metrics not disclosed	Last known equity round: Pre-seed · USD 50M (cumulative) · Nov 2025 (IDG Capital, 5Y Capital) Published valuation: about USD 200M (reported) (Nov 2025) Confidence index: LowMethod	Weak sources

Ranking in descending order of AI-estimated valuation, based on public information, following a published method, with no human intervention on the order. Valuation ranges are indicative editorial estimates: neither a financial valuation, nor an offer, nor investment advice. Only the market sets a company’s value, through a funding round or a sale. Edition 0: produced by Claude (Anthropic); a consensus of several AI models will apply in a future edition. Eligibility: at least $1M raised including one equity round, non-listed company, main activity in this segment (AI agents and tools that write, review and ship software). Country shown is the country of main operations. Request a correction

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How to read this ranking

Rank

Companies are ranked by AI-estimated valuation, highest first. The market sets the value; our AI estimates it.

Range

An order of magnitude, never a figure.

Hundreds of k$
Millions $
Tens of M$
Hundreds of M$
Unicorn
Decacorn

Confidence

High: recent published valuation or round (under 24 months).
Medium: older data.
Low: single or unconfirmed source.

Full method →

Invest in coding agents, together

Uback aggregates investment intentions from business angels, family offices, corporates and sector specialists worldwide. Every ranked company already has professional investors on its cap table, who have negotiated a shareholders’ agreement: you don’t start from a blank page.

Strength in numbers

Alone, a small ticket opens no doors. Together, Backers carry weight.

Declare an interest

In this segment, with a ticket range, and if you wish a preferred company in it. Paid, to show you are serious; valid for life, and movable to another pool until its pool is passed to the partner.

Critical mass is reached

When the pool’s combined amount reaches its critical mass, a floor amount estimated by the AI, the pool is passed to the licensed partner, who presents this demand to the company.

The licensed partner structures

If the company’s expectations and the Backers’ converge, the partner builds a transaction and presents it directly to the Backers concerned.

Closing

Capital raise or sale of existing shares: small tickets are pooled in a common vehicle set up by the licensed partner. Each Backer decides whether to take part.

Uback does not advise, does not negotiate, collects nothing. Each transaction is run by the licensed partner of the company’s country, under the law that governs its shares.

Get notified when intentions open What happens after my declaration? Intention declarations open once the licensed partner signs · price per ticket band · valid for life · movable until the pool is passed on

Challengers

A registered company raising funds that is not in the ranking will be able, for a fee, to appear in a separate list labelled “Challengers”, for a set period, with a memo available to verified Backers. The listing has no effect on the ranking. Not open yet.

Sponsored space · no Challenger listed yet

Radar · known eligible companies, not ranked

Sorted by date of last round, with no judgement and no AI call.

HyperDev · South Africa · Sub-Saharan AfricaJul 2026 · USD 1M
Baz · Israel · Middle East & North AfricaJun 2026 · USD 9M
Rork · United States · North AmericaApr 2026 · USD 15M
Momentic · United States · North AmericaNov 2025 · USD 15M
OpenHands · United States · North AmericaNov 2025 · USD 18.8M
Relace · United States · North AmericaOct 2025 · USD 23M
Macroscope · United States · North AmericaSep 2025 · USD 30M
Anything · United States · North AmericaSep 2025 · USD 11M
Zed · United States · North AmericaAug 2025 · USD 32M
Cline · United States · North AmericaJul 2025 · USD 27M
CodeAnt AI · India · Asia-PacificMay 2025 · USD 2M

Listed benchmarks

Not ranked: no intention is possible on a listed company.

SpaceX (owns Cursor) · United StatesNasdaq · SPCX
Microsoft (GitHub Copilot) · United StatesNasdaq · MSFT
Alphabet (Jules, Gemini Code Assist) · United StatesNasdaq · GOOGL
Atlassian · United StatesNasdaq · TEAM
GitLab · United StatesNasdaq · GTLB
JFrog · IsraelNasdaq · FROG
Wix (owns Base44) · IsraelNasdaq · WIX
Figma (Figma Make) · United StatesNYSE · FIG

Sources and method for this segment

Calendar. Global segment rankings are published twice a year. Next edition: January 1, 2027.

Eligibility. At least $1M raised including one equity round, non-listed company, main activity in this segment (AI agents and tools that write, review and ship software). A company appears in one segment only.

Sources. TechCrunch, Bloomberg, Reuters, The Next Web, BusinessWire, Dealroom, Sacra, Inc42, Entrackr, Calcalist, company announcements.

Method and rules, common to all rankings →