Tabnine — Funding & Company Data
Financial overview and investor data for Tabnine.
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
Investors: Telstra Ventures, Atlassian Ventures, Elaia, Headline, Hetz Ventures, Khosla Ventures, Qualcomm Ventures, TPY Capital
Investors: Qualcomm Ventures, OurCrowd, Samsung NEXT, Khosla Ventures, Headline Ventures, Hetz Ventures, TPY Capital
Investors: e.ventures, Khosla Ventures, TPY Capital, Hetz Ventures
Investors: Khosla Ventures
Notable Investors
Sources
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