Poolside develops advanced AI systems designed specifically for software engineering tasks. Unlike general-purpose models, Poolside’s intelligence is trained to reason through ambiguity, learn via trial and error, and understand how software reflects real business requirements.
The platform integrates across the full development lifecycle, helping teams design, build, debug, and maintain complex software systems with greater efficiency.
What Is Poolside and What Does It Do?
Poolside, founded in 2023, is a Paris-based artificial intelligence company specializing in AI models for software engineering. The company builds models that deeply understand codebases, system architecture, and development processes.
Poolside’s technology enables AI systems to assist engineers across planning, coding, testing, and deployment by reasoning about software the way experienced developers do. The company positions itself as building agentic AI for the future of software creation.
How Much Funding Has Poolside Raised?
1. Seed Round
- Amount Raised: $26M
- Lead Investors: Redpoint Ventures, Point Nine
- Motivation: To build foundational AI models and validate the software-engineering-first approach.
2. Series A
- Amount Raised: $100M
- Lead Investors: Felicis Ventures, Motier, Bpifrance, New Wave Ventures
- Motivation: To scale model training, expand the engineering team, and deepen enterprise use cases.
3. Series B
- Amount Raised: $500M
- Lead Investors: Bain Capital Ventures, DST Global, Premji Invest
- Motivation: To accelerate global expansion, advance large-scale model training, and integrate across developer ecosystems.
Total Funding Raised: $626 Million
Current Valuation: $3 Billion (as of Oct 2024)
Latest Funding Date: October, 2024
Key Investors
1. DST Global
- Details: Global investment firm backing category-defining technology companies at scale.
- Investment Focus Areas: Technology, AI, internet platforms.
- Notable Investments: Poolside.
2. Premji Invest
- Details: Investment arm of Azim Premji focused on long-term technology bets.
- Investment Focus Areas: Technology, AI, enterprise software.
- Notable Investments: Poolside.
3. Bain Capital Ventures
- Details: Venture capital firm supporting early to growth-stage enterprise technology companies.
- Investment Focus Areas: Enterprise software, infrastructure, AI.
- Notable Investments: Poolside.
4. Felicis Ventures
- Details: Early-stage venture fund focused on iconic technology founders.
- Investment Focus Areas: AI, developer tools, frontier tech.
- Notable Investments: Poolside.
Where Is Poolside’s Headquarters?
Poolside is headquartered in Paris, France, positioning it within Europe’s rapidly expanding AI research and engineering ecosystem.
What’s Next for Poolside?
Poolside is focused on pushing the boundaries of agentic AI for software development. With strong financial backing and a multi-billion-dollar valuation, the company is expected to expand enterprise deployments, deepen model capabilities, and play a central role in redefining how software is built in the AI-native era.
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