Tabnine

Tabnine — Funding & Company Data

Financial overview and investor data for Tabnine.

High confidence data Last verified 3 months ago

Founded

2013

Stage

Series b

Total Raised

$54.5M

HQ

Tel Aviv, Israel

Team

51-200

Model

freemium

Analyst Take

Tabnine's funding history illustrates a steady and strategic progression, starting as Codota and evolving through key funding stages. The initial $2 million Seed round in 2017, led by the influential Khosla Ventures, provided the foundational capital to develop its AI-based code completion technology. The subsequent $12 million Series A in 2020, led by e.ventures, was crucial as it followed the acquisition of the original Tabnine tool, consolidating their technology and market position.

The $15.5 million round in mid-2022, with participation from major corporate VCs like Qualcomm Ventures and Samsung NEXT, signaled industry validation of their technology and its applicability in enterprise environments. The most recent $25 million Series B in November 2023, led by Telstra Ventures and joined by Atlassian Ventures, solidifies Tabnine's financial standing amidst a highly competitive landscape dominated by players like GitHub Copilot. This round provides significant runway to expand its enterprise features, particularly around security, privacy, and the ability to train on private codebases—key differentiators for large organizations.

The quality of Tabnine's investors is high, blending traditional VCs with strategic corporate partners. This mix suggests both a strong belief in the company's financial prospects and its strategic importance within the broader software development ecosystem. From a competitive standpoint, this funding allows Tabnine to carve out a niche focused on enterprise control and privacy, which is a direct response to the market's concerns about sending proprietary code to third-party services. For a potential user, this financial trajectory indicates a company that is well-capitalized to support its product roadmap and compete effectively, reducing the risk of the tool becoming unsupported or discontinued.

Stability

Tabnine appears to be a stable company with a high likelihood of being around in 2+ years. Its recent $25 million Series B funding in late 2023 provides a strong financial cushion, and its backing by major corporate investors like Atlassian and Qualcomm lends significant credibility.

Growth

Tabnine is on a clear growth trajectory, albeit in a very competitive market. The consistent fundraising, increasing team size, and a reported user base of over one million developers suggest steady expansion and market adoption, particularly within its target enterprise segment.

For Buyers

For a potential buyer, Tabnine's strong funding and focus on enterprise-grade privacy and security make it a relatively low-risk choice for an AI coding assistant. The company's financial stability suggests it will be a reliable long-term partner, capable of supporting and enhancing the tool for years to come.

Funding Timeline

Series B $25M November 2023

Investors: Telstra Ventures, Atlassian Ventures, Elaia, Headline, Hetz Ventures, Khosla Ventures, Qualcomm Ventures, TPY Capital

Undisclosed $15.5M June 2022

Investors: Qualcomm Ventures, OurCrowd, Samsung NEXT, Khosla Ventures, Headline Ventures, Hetz Ventures, TPY Capital

Series A $12M April 2020

Investors: e.ventures, Khosla Ventures, TPY Capital, Hetz Ventures

Seed $2M June 2017

Investors: Khosla Ventures

Notable Investors

Khosla Ventures Qualcomm Ventures Telstra Ventures Atlassian Ventures Samsung NEXT OurCrowd Headline e.ventures

Sources

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