What are the most valued startups in the AI code assistant market?
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In our AI code assistant market deck, you will find everything you need to understand the market
The AI code assistant market now includes coding IDEs, autonomous software engineers, app builders, code-review tools, and specialized developer infrastructure.
This list ranks 97 AI coding startups using their latest reported or estimated valuations.
We update this ranking every month to reflect new funding rounds, acquisitions, operating data, and valuation disclosures.
And if you want to better understand this new industry, you can download our pitch covering the AI code assistant market.
A quick summary table
| Metric | Value |
|---|---|
| Most valuable AI code assistant startup | Cursor, $29.3B |
| Second most valuable AI coding startup | Cognition, $26.0B |
| Median AI code assistant valuation | Approximately $9M |
| AI coding valuation captured by the top 10 | Approximately 92.7% |
| Top AI coding startup valuation vs. median | Approximately 3,256 times |
| Median valuation-to-capital-raised ratio | Approximately 5 times |
| AI code assistant startups valued at $1B+ | 13 |

This market map, featured in our AI code assistant market deck, highlights top companies and startups in the AI code assistant market
Top startups in the AI code assistant market ranked by valuation
Here is an updated table that ranks the top startups in the AI code assistant market based on their latest reported or estimated valuations.
If you want more detaild about their fundraising activity, you can check our list of the startups who have raised the most funding in the AI code assistant market.
| # | Startup Name | What They Do | Current Valuation ($) | Valuation Confidence Level | Valuation Type | Evidence Status | Total Funding ($) | Funding Confidence Level |
|---|---|---|---|---|---|---|---|---|
| 1 | Cursor | AI coding IDE | $29.3B | Full Confidence | Announced Private Round Valuation | Observed | $3.4B | Strong Confidence |
| 2 | Cognition | Autonomous AI software engineer | $26.0B | Full Confidence | Announced Private Round Valuation | Observed | $1.9B | Partial Confidence |
| 3 | Replit | Natural-language software creation platform | $9.0B | Full Confidence | Announced Private Round Valuation | Observed | $877M | Strong Confidence |
| 4 | Lovable | Prompt-based full-stack app builder | $7.5B–$9.0B | Strong Confidence | Revenue or ARR Multiple Estimate | Estimated | $553M | Full Confidence |
| 5 | Windsurf | Agentic coding IDE | $2.4B–$2.7B | Partial Confidence | Acquisition Value | Estimated | $243M | Full Confidence |
| 6 | Poolside | AI software development models | $2.0B–$3.0B | Partial Confidence | Announced Private Round Valuation | Estimated | $626M | Strong Confidence |
| 7 | Magic | Frontier AI coding models | $1.3B–$1.7B | Partial Confidence | Announced Private Round Valuation | Estimated | $515M | Partial Confidence |
| 8 | Factory AI | Enterprise autonomous coding agents | $1.5B | Full Confidence | Announced Private Round Valuation | Observed | $220M | Full Confidence |
| 9 | Emergent | Prompt-based full-stack app builder | $1.2B–$1.6B | Partial Confidence | Active Raise Valuation | Observed | $100M | Full Confidence |
| 10 | Augment Code | AI coding for teams | $1.0B–$1.5B | Partial Confidence | Announced Private Round Valuation | Estimated | $252M | Strong Confidence |
| 11 | Sourcegraph | Code search and AI coding | $800M–$1.5B | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $223M | Strong Confidence |
| 12 | Bolt.new / StackBlitz | Browser-based full-stack app builder | $900M–$1.3B | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $135M | Strong Confidence |
| 13 | Tessl | AI-native software development | $700M–$1.0B | Strong Confidence | Announced Private Round Valuation | Estimated | $125M | Full Confidence |
| 14 | Qodo | AI code review governance | $470M–$880M | Partial Confidence | Implied Valuation from Raise | Implied | $120M | Full Confidence |
| 15 | Mintlify | AI documentation and knowledge platform | $500M | Full Confidence | Announced Private Round Valuation | Observed | $66M | Full Confidence |
| 16 | Zed | Collaborative AI code editor | $240M–$360M | Partial Confidence | Implied Valuation from Raise | Implied | $45M | Strong Confidence |
| 17 | Cline | Open-source coding agent | $135M–$225M | Strong Confidence | Implied Valuation from Raise | Implied | $32M | Strong Confidence |
| 18 | Conductor | Manages parallel AI coding agents | $120M–$180M | Partial Confidence | Implied Valuation from Raise | Implied | $22M | Partial Confidence |
| 19 | Tabnine | Enterprise AI code completion | $100M–$180M | Partial Confidence | Implied Valuation from Raise | Estimated | $55M | Strong Confidence |
| 20 | All Hands AI | Open-source software engineering agents | $95M–$155M | Strong Confidence | Implied Valuation from Raise | Implied | $5M | Full Confidence |
| 21 | Codesphere | Cloud development and deployment platform | $70M–$120M | Partial Confidence | Implied Valuation from Raise | Estimated | $24M | Partial Confidence |
| 22 | Create.xyz | Text-to-app development platform | $70M–$100M | Partial Confidence | Implied Valuation from Raise | Estimated | $9M | Strong Confidence |
| 23 | Base44 | Prompt-based application builder | $80M | Full Confidence | Acquisition Value | Observed | $0 | Strong Confidence |
| 24 | Pieces | On-device developer workflow copilot | $65M–$95M | Partial Confidence | Implied Valuation from Raise | Implied | $22M | Strong Confidence |
| 25 | Rocket.new | Production-ready AI app builder | $60M–$100M | Strong Confidence | Implied Valuation from Raise | Implied | $15M | Strong Confidence |
| 26 | Mage | AI data pipeline platform | $55M–$85M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $6M | Full Confidence |
| 27 | Supermaven | Fast AI code completion | $40M–$100M | Partial Confidence | Acquisition Value | Estimated | $12M | Strong Confidence |
| 28 | BLACKBOX AI | Multi-agent coding platform | $40M–$90M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $0M | Low Confidence |
| 29 | Sim | Visual AI agent workflow builder | $35M–$60M | Strong Confidence | Implied Valuation from Raise | Implied | $7M | Full Confidence |
| 30 | aiXcoder | Enterprise AI code completion | $30M–$65M | Low Confidence | Comparables-Based Estimate | Estimated | Undisclosed | Partial Confidence |
| 31 | Kilo Code | Open-source autonomous coding agent | $35M–$50M | Strong Confidence | Implied Valuation from Raise | Implied | $8M | Full Confidence |
| 32 | Bloop | Code search and modernization | $30M–$55M | Partial Confidence | Comparables-Based Estimate | Estimated | $7M | Strong Confidence |
| 33 | Bito | AI code review agent | $25M–$45M | Strong Confidence | Implied Valuation from Raise | Implied | $9M | Full Confidence |
| 34 | Continue | Open-source coding assistant | $15M–$50M | Partial Confidence | Acquisition Value | Estimated | $5M | Strong Confidence |
| 35 | Nozomio | Context infrastructure for coding agents | $25M–$40M | Strong Confidence | Implied Valuation from Raise | Implied | $7M | Strong Confidence |
| 36 | Alex | Xcode-native AI coding assistant | $20M–$40M | Partial Confidence | Acquisition Value | Estimated | $5M | Partial Confidence |
| 37 | Pythagora | Natural-language application development | $20M–$35M | Partial Confidence | Implied Valuation from Raise | Implied | $4M | Full Confidence |
| 38 | Morph | Infrastructure models for coding agents | $20M–$35M | Partial Confidence | Proxy-Based Estimate | Estimated | $1M | Strong Confidence |
| 39 | Tempo | Visual React design-engineering platform | $20M–$33M | Strong Confidence | Implied Valuation from Raise | Implied | $6M | Strong Confidence |
| 40 | Memex | Builds software from natural language | $15M–$30M | Low Confidence | Comparables-Based Estimate | Estimated | Undisclosed | Low Confidence |
| 41 | Cosine | Autonomous software engineering agent | $14M–$28M | Partial Confidence | Implied Valuation from Raise | Implied | $3M | Strong Confidence |
| 42 | Silimate | AI copilot for chip designers | $14M–$22M | Partial Confidence | Comparables-Based Estimate | Estimated | $3M | Partial Confidence |
| 43 | Refact.ai | Self-hosted coding agent | $8M–$16M | Low Confidence | Implied Valuation from Raise | Implied | $2M | Partial Confidence |
| 44 | OpenBuilder | Fixed-price AI app builder | $9M–$15M | Strong Confidence | Implied Valuation from Raise | Implied | $2M | Full Confidence |
| 45 | Codeflash | AI Python performance optimization | $9M–$15M | Partial Confidence | Implied Valuation from Raise | Implied | $2M | Partial Confidence |
| 46 | Sourcery | AI code review and refactoring | $8M–$14M | Low Confidence | Comparables-Based Estimate | Estimated | $2M | Strong Confidence |
| 47 | Mesmer | Engineering intelligence for CTOs | $8M–$13M | Partial Confidence | Implied Valuation from Raise | Implied | $2M | Low Confidence |
| 48 | MutableAI | Automated codebase documentation | $6M–$15M | Low Confidence | Acquisition Value | Estimated | $1M | Partial Confidence |
| 49 | TabbyML | Self-hosted coding assistant | $6M–$12M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $3M | Full Confidence |
| 50 | Minded | AI agent development workspace | $6M–$12M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 51 | Aider | Open-source terminal pair programmer | $6M–$12M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Full Confidence |
| 52 | Embedder | AI agent for firmware development | $6M–$10M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 53 | PearAI | Open-source AI code editor | $4M–$10M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $1M | Full Confidence |
| 54 | nao Labs | AI editor for data teams | $5M–$9M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Full Confidence |
| 55 | SigmanticAI | AI assistant for chip design | $5M–$9M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Partial Confidence |
| 56 | Firebender | AI assistant for Android Studio | $5M–$8M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 57 | stagewise | Open-source agentic coding IDE | $5M–$8M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Partial Confidence |
| 58 | Compyle | Collaborative production coding agent | $5M–$8M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 59 | Codebuff | Terminal autonomous coding assistant | $5M–$8M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 60 | BootLoop | AI firmware development agent | $4M–$8M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Full Confidence |
| 61 | Magic Loops | Natural-language workflow automation builder | $4M–$9M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $1M | Partial Confidence |
| 62 | Dyad | Local open-source app builder | $2M–$8M | Low Confidence | Comparables-Based Estimate | Estimated | $0 | Low Confidence |
| 63 | Double | Performance-focused coding copilot | $4M–$7M | Low Confidence | Implied Valuation from Raise | Implied | $1M | Partial Confidence |
| 64 | Void | Open-source AI code editor | $4M–$7M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 65 | Clad Labs | AI-native developer IDE | $4M–$7M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 66 | Proliferate | Parallel coding-agent workspace | $4M–$7M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Partial Confidence |
| 67 | StarSling | AI-native CI optimization platform | $4M–$7M | Partial Confidence | Comparables-Based Estimate | Estimated | $1M | Strong Confidence |
| 68 | Haystack Software | AI code-review attention layer | $4M–$7M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 69 | Cedar | AI-guided software workflow copilot | $4M–$7M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Partial Confidence |
| 70 | Specific | Cloud backend for coding agents | $4M–$7M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 71 | Storia AI | AI code knowledge platform | $3M–$7M | Low Confidence | Proxy-Based Estimate | Estimated | $1M | Strong Confidence |
| 72 | Fine.dev | AI application development agents | $3M–$7M | Low Confidence | Acquisition Value | Estimated | $0 | Strong Confidence |
| 73 | EasyCode | Codebase-aware AI coding assistant | $3M–$6M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $1M | Strong Confidence |
| 74 | AskCodi | Multi-model AI coding assistant | $2M–$6M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Strong Confidence |
| 75 | Marblism | AI employees for small businesses | $3M–$5M | Partial Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 76 | Melty | Chat-first AI code editor | $2M–$5M | Low Confidence | Proxy-Based Estimate | Estimated | $1M | Strong Confidence |
| 77 | Sage AI | Self-updating code knowledge base | $2M–$5M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $1M | Partial Confidence |
| 78 | Mito | AI IDE for data analysis | $2M–$5M | Low Confidence | Proxy-Based Estimate | Estimated | $0M | Partial Confidence |
| 79 | ZZZ Code AI | Browser-based AI coding utilities | $2M–$5M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Strong Confidence |
| 80 | Co.dev | Natural-language full-stack app builder | $2M–$5M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Partial Confidence |
| 81 | Capacity | AI no-code application builder | $1M–$5M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 82 | SoftGen | Full-stack AI application builder | $2M–$4M | Low Confidence | Acquisition Value | Estimated | $0 | Partial Confidence |
| 83 | Pico | Text-to-web-app builder | $2M–$4M | Low Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 84 | Onlook | Visual code editing platform | $2M–$4M | Low Confidence | Implied Valuation from Raise | Implied | $1M | Strong Confidence |
| 85 | Phind | Developer AI answer engine | $0M–$5M | Partial Confidence | Proxy-Based Estimate | Estimated | $11M | Partial Confidence |
| 86 | Codel | Open-source autonomous coding agent | $1M–$3M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 87 | Mentat | Terminal AI coding assistant | $1M–$3M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 88 | Wizi | AI assistant for React development | $1M–$3M | Low Confidence | Proxy-Based Estimate | Estimated | Undisclosed | Low Confidence |
| 89 | CodeStory | AI-native development environment | $0M–$2M | Low Confidence | Proxy-Based Estimate | Estimated | $1M | Partial Confidence |
| 90 | Autocode | Cloud coding automation platform | $0M–$2M | Low Confidence | Proxy-Based Estimate | Estimated | $2M | Partial Confidence |
| 91 | CodeComplete | Enterprise AI coding assistant | $0M–$1M | Low Confidence | Proxy-Based Estimate | Estimated | $1M | Strong Confidence |
| 92 | Devon | Open-source AI pair programmer | $0M–$1M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 93 | Goose | Open-source AI agent framework | $0M–$1M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 94 | FauxPilot | Self-hosted Copilot alternative | $0M–$1M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 95 | Gait | AI-code collaboration infrastructure | $0M–$1M | Low Confidence | Proxy-Based Estimate | Estimated | $1M | Strong Confidence |

This chart, featured in our AI code assistant market deck, compares the 2026 size of the AI code assistant market with other markets of similar size
Key valuation trends in the AI code assistant market
Insights
- Cursor and Cognition represent more than $55 billion in combined valuation, which means two companies account for over 61% of the total midpoint valuation in this AI coding startup ranking.
- The top 10 AI code assistant startups capture approximately 92.7% of the market’s total estimated valuation, while the remaining 85 companies share less than 8%.
- Cursor’s $29.3 billion valuation is approximately 3,256 times the market’s $9 million median valuation, showing how sharply value has concentrated around the leading AI coding environment.
- Replit and Lovable occupy a similar valuation tier, but Lovable reached its estimated range with about 37% less disclosed capital, suggesting stronger valuation efficiency among leading prompt-based app builders.
- Factory AI’s valuation equals approximately 6.8 times its disclosed funding, which shows how quickly enterprise autonomous coding agents have been repriced by investors.
- Mintlify is valued at approximately 7.6 times its disclosed funding, suggesting that AI documentation and developer knowledge infrastructure can capture significant value without competing directly in code generation.
- AI app builders show an unusually steep outcome curve. Lovable is valued near $8.25 billion at the midpoint, while OpenBuilder is valued near $12 million, a difference of almost 690 times.
- Base44’s $80 million acquisition value, with no disclosed outside funding, shows that bootstrapped AI development products can still create meaningful strategic exit value.
- Cline, All Hands AI, Kilo Code, and Sim collectively approach $400 million in midpoint valuation, which shows that open-source and developer-led products are gaining value despite remaining smaller than proprietary leaders.
- Many AI coding startups valued below $100 million are priced at four to eight times disclosed funding, suggesting that capital efficiency remains common in the market’s early-stage segment.

This chart, featured in our AI code assistant market deck, breaks down Anyshpere’s playbook in AI code assistants
A few word about our methodology
As you can see, we built a database that ranks startups in the AI code assistant market based on their current valuation.
Estimating AI code assistant startup valuations is not always straightforward. Many companies do not publicly disclose their valuation, and the available information can vary widely depending on the company and its stage.
To build this ranking, we applied a structured valuation methodology and cross-checked information across multiple reliable sources.
Whenever possible, we relied on direct disclosures. These include announced valuations from completed funding rounds, public filings for listed companies, or official acquisition prices.
When an AI coding company is publicly listed, we use its current market capitalization as the reference valuation.
If an AI code assistant company was acquired and no independent valuation can reasonably be estimated today, we use the acquisition price as the main reference point.
When a startup recently raised capital but the valuation was not disclosed, we estimate the implied valuation using typical dilution levels for that stage of fundraising.
In some cases, we also estimate valuations using operating metrics such as revenue, ARR, customer adoption, developer usage, or enterprise traction, combined with valuation multiples from comparable AI coding companies.
When direct financial data is not available, we may rely on carefully selected comparable startups and other signals such as hiring growth, investor quality, open-source adoption, product usage, or developer traction.
All estimates follow a strict evidence hierarchy. Recent funding rounds with announced valuations carry the most weight, followed by strong operating metrics and comparable company analysis.
We also carefully evaluate the age of every data point. Recent information carries more weight, while older data is treated cautiously and adjusted conservatively when necessary.
Whenever information is uncertain or incomplete, we clearly distinguish between confirmed facts and reasonable inferences.
Because valuation data is not always fully public, each AI code assistant startup in the ranking is assigned a confidence level based on the reliability, recency, and consistency of the available evidence.
Full confidence means the valuation is supported by strong and recent evidence. Strong confidence means the estimate is well supported but includes minor inference. Partial confidence means the estimate relies more heavily on indirect signals. Low confidence means available information is limited or inconsistent.
When confidence is lower, we take a more conservative approach by widening the valuation range. This helps reflect the uncertainty and increases the probability that the true valuation falls within the estimated range.
This reflects how we conduct all our research, including the work behind our report covering the AI code assistant market.
In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.
If you want the full detail on a specific valuation estimate, feel free to contact us and we will gladly explain.
Finally, know that we update the dataset once per month, so come back here if you need fresh information.

This chart, featured in our AI code assistant market deck, illustrates yearly funding for AI code assistant startups
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- What are the key fundraising trends in the AI code assistant market?
- What is the true size of the AI code assistant market?
- The full range of business models in the AI code assistant market
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