Exclusive: SolveAI, at eight months old, raises $50 million to take on the AI coding tool race | Fortune
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Exclusive: SolveAI, at eight months old, raises $50 million to take on the AI coding tool race | Fortune
"AI's somewhat useless without context. Context is everything. So, our product is: what framework do you build to capture a company's context? This philosophy drives SolveAI's approach to enterprise coding, distinguishing it from consumer-focused alternatives that lack the specificity required for large organizations."
"Lovable is fantastic for consumers. It's built around people who don't have technical opinions. But I think—beyond just Lovable, in the broader category—no one's figured out how to cover that last-mile. No one's yet figured out how to generate software that actually is as if the enterprise's own engineers had written it."
"SolveAI can solve that last-mile for large companies looking to vibe code with their employees. Tom Hulme, GV managing partner, believes Basher and SolveAI can win on getting the details right, positioning the startup to capture enterprise market share through superior context-aware code generation."
SolveAI, founded by former Palantir engineer Steve Basher in July, raised $50 million within eight months, including a $5 million Accel-led pre-seed in August and a $45 million Series A led by Google Ventures in November. The startup operates with eleven employees and focuses on enterprise AI coding solutions. Basher's core premise is that AI coding tools require company-specific context to be effective. SolveAI differentiates itself from competitors like Cursor and Lovable by targeting the enterprise market and solving the "last-mile" problem—generating code that matches how a company's own engineers would write it. The company's investors include prominent figures from Palantir, Google DeepMind, and OpenAI.
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