Enterprise tech startup CodeKarma is in talks to raise $5 Mn to $6 Mn in a fresh funding round, sources told Inc42.
The round will be led by existing investors Prosus and Accel, the sources added. The discussions are ongoing, and the contours of the transaction could change.
Queries sent to CodeKarma and Accel did not elicit a response until the time of publishing this story. A Prosus spokesperson declined to comment on market speculation.
The development comes a little over a year after CodeKarma raised $2.5 Mn in its pre-seed round, co-led by Prosus, Accel, and Xeed Ventures. SenseAI Ventures and Stargazer Ventures also participated in the round.
Founded in 2024 by Anantharam Vanchi Prakash and Priyanka Nahata, CodeKarma operates a production intelligence platform that maps the behaviour of software in production directly to its underlying code.
Prakash, a former Amazon and Flipkart executive, is the startup’s cofounder and CEO, while Nahata serves as its cofounder and CTO.
The Bengaluru-based startup’s platform helps developers and AI agents identify active and dormant code, detect performance issues, understand dependencies between different parts of a software system, and assess the risks associated with changing code.
CodeKarma currently offers four products. KarmaLens provides production insights within developers’ integrated development environments, while KarmaDomain maps dependencies across microservices and APIs. KarmaPulse gives engineering leaders an overview of operational issues, and KarmaIQ supplies production context to AI coding agents.
During its previous fundraise, CodeKarma said it planned to deploy the capital to strengthen its AI capabilities, enter new enterprise verticals, expand its presence in the US, hire employees, and invest in product development.
Source link







