In just eight months of existence, SolveAI has raised $50 million.
That’s shorter than a pregnancy, but longer than an NFL season. The enterprise coding startup—incorporated in July by former Palantir engineer Steve Basher—has eleven employees, and raised its $5 million Accel-led pre-seed in August. Basher’s idea was simple: That an AI coding tool must be completely specific to the company using it.
“AI’s somewhat useless without context,” Basher told Fortune. “Context is everything. So, our product is: what framework do you build to capture a company’s context?”
SolveAI got its second funding bump in November, as Google Ventures led the London-based company’s $45 million Series A, Fortune has exclusively learned. The startup’s investors so far also include Northzone, Mantis VC, and NeverLift, along with Palantir CISO Mike LoSapio, Google DeepMind’s Pushmeet Kohli, and OpenAI’s Olivier Godement.
SolveAI is riding several waves, a high-velocity story in a fast-moving market. The company is, for example, operating in the hot but hypercompetitive AI coding tool space, which includes companies like Cursor (valued at $29.3 billion) and Lovable (valued at $6.6 billion). Lovable, in particular, is a worthwhile point of comparison, as in some sense it’s already scaling to do what SolveAI does—“vibe code,” or help non-technical people use natural language to build software.
