Blitzy raises $200 million at $1.4 billion valuation for autonomous software development platform

Blitzy, a Cambridge, Mass.-based startup, raised $200 million in funding led by Northzone, with participation from PSG, Battery Ventures, Jump Capital, NFX, Link Ventures, Flybridge, Liberty Mutual Strategic Ventures, Erie Strategic Ventures, and BAL Ventures. The company has now raised more than $204.4 million total.

Blitzy's platform autonomously completes months of software development, including automated testing and quality validation. The company claims it increases engineering velocity by 5x for some of the world's largest enterprises and has been adopted by dozens of Global 2000 enterprises across 10 industries, including State Street and QAD.

Co-founder and CEO Brian Elliott previously founded Wove and is a former Army Ranger; co-founder and CTO Sid Pardeshi is an Nvidia alum who holds more than 27 patents related to neural networks, image generation, and AI-driven interface translation. The two started Blitzy in 2023.