Jenna Zerker from Susa Ventures highlighted the risks associated with high AI autonomy in software development, underscoring Qodo's commitment to a quality-first approach.

CEO Itamar Friedman emphasizes the importance of integrating AI tools to enhance human expertise in software development, prioritizing quality over speed.

Israeli startup Qodo has raised $40 million in a Series A funding round, bringing its total funding to $50 million, with participation from notable investors such as Susa Ventures and Square Peg Capital.

Since launching its enterprise platform, Qodo achieved an impressive annual recurring revenue (ARR) rate of over $1 million within just three months, attracting clients like HiBob, Bringg, and WalkMe.

Founded in 2022 as CodiumAI Ltd., Qodo focuses on enhancing software development quality and reliability through its AI-driven tools.

Qodo has developed an AI-based platform designed to write and test high-quality code, aiming to prevent software issues similar to the recent CrowdStrike event.

As AI-powered coding solutions gain traction, concerns about code quality and potential inaccuracies have emerged, which Qodo addresses by emphasizing the need for reliable code.

Qodo aims to balance automation with human oversight, ensuring that AI-generated code remains reliable and secure.

The startup plans to launch Qodo UX, a new service aimed at testing user interfaces for bugs, complementing its existing testing capabilities.

By covering the entire development lifecycle, Qodo's tools learn from interactions, improving code suggestions based on reviewer feedback.

Qodo's platform has gained popularity among over 1 million developers globally, with notable clients including Fortune 100 companies like Intel and MercadoLibre.

With its commitment to quality and efficiency, Qodo positions itself as a key player in the evolving landscape of software development.