Google Ventures doubles down on dev tool startup Blacksmith just 4 months after its seed round | TechCrunch
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Google Ventures doubles down on dev tool startup Blacksmith just 4 months after its seed round | TechCrunch
"The $10 million Series A closed in just 14 days, with Google Ventures doubling down after first backing Blacksmith's $3.5 million seed in May. At the time, Alphabet's VC arm bet on the size of the market and the founding team, which included veterans of Cockroach Labs, another GV portfolio company. But for this round, GV was swayed by results."
"The San Francisco-based startup hit $1 million in annual recurring revenue (ARR) in February with just four people - Jayaprakash, co-founders Aayush Shah and Aditya Maru, and a product designer. Since then, revenue has reached $3.5 million ARR with more than 700 customers, supported by a team of eight, and the company is aiming to double that figure by year's end, Jayaprakash told TechCrunch. Founded in January 2024, Blacksmith was born from the experiences of its"
Blacksmith closed a $10 million Series A led by Google Ventures just four months after a $3.5 million seed. The round closed in 14 days and was driven by customer traction and revenue results. The company provides continuous integration and delivery tooling that complements GitHub Actions and targets the surge in AI coding agents. The startup grew from $1 million ARR in February to $3.5 million ARR with over 700 customers and an eight-person team. The founders previously built distributed systems at Faire and Cockroach Labs and launched the company in January 2024 to reduce CI cost and unpredictability.
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