Through the use of artificial intelligence, Codeium is a company striving to take the manual work out of software development. Codeium uses proprietary AI models designed with the goal of increasing developer productivity by integrating with the user’s codebase. The tool supports over 70 languages and can work in more than 40 integrated developer environments (IDEs). Codeium was founded in 2021 by Varun Mohan and Douglas Chen, who met while they were students at the Massachusetts Institute of Technology, and is headquartered in Mountain View, California.

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Management Team

Varun Mohan
Co-Founder & Chief Executive Officer
Douglas Chen

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News Highlights

Codeium nabs $65M for developer AI toolkit
Today, California-based Codeium, an AI startup leveraging proprietary large language models (LLMs) to aid with software development, announced a $65 million series B funding round at a valuation of $500 million. The investment has been led by VC firm Kleiner Perkins and with participation from Greenoaks as well as General Catalyst. Codeium said it will use the capital to grow its team across functions and expand its generative AI-powered coding toolkit that already writes over 44% of newly committed code for more than 300,000 developers.
Updated on: Jun 16, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.