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How Much Did Sourcegraph Raise? Headquarters, Funding & Key Investors

Sourcegraph has raised a total of $223 million across multiple funding rounds, including a $20 million Series A round in October 2017, a $23 million Series B round in March 2020, a $5 million Series B extension in July 2020, a $50 million Series C round in December 2020, and a $125 million Series D round in July 2021 led by Insight Partners and Andreessen Horowitz at a valuation of $2.6 billion. The funding has been allocated to scaling the platform, expanding integrations, and strengthening developer tools and enterprise offerings.

    Sourcegraph is a San Francisco–based developer tools company transforming how engineering teams understand and manage large codebases. Founded in 2013 by Quinn Slack, Sourcegraph provides a unified platform for code search, analysis, and automated refactoring at scale. Its technology enables developers to explore millions of lines of code, fix vulnerabilities, and modernize repositories faster across distributed environments. By integrating with tools like VS Code, GitHub, and the CLI, Sourcegraph empowers software and DevOps teams to build more efficiently, securely, and collaboratively in enterprise ecosystems.

    What Is Sourcegraph and What Does It Do?

    Sourcegraph, founded in 2013 by Quinn Slack, is a San Francisco-based (United States) platform for code search, analysis, and modification. 

    With a team of 115 employees as of December 2023, Sourcegraph enables developers to find and fix code across large codebases, automate large-scale code changes, track code trends, and integrate with code hosts and developer environments, such as VS Code and the CLI. 

    The platform also provides enterprise-grade security controls, including data isolation and controlled access, supporting software development, DevOps, and security teams worldwide.

    How Much Funding Has Sourcegraph Raised?

    1. Series A

    • Amount Raised: $20M
    • Date: October 2017
    • Lead Investors: Redpoint Ventures (Corporate: Gold Crest Capital)
    • Motivation: To develop the core code search platform and expand the engineering team

    2. Series B

    • Amount Raised: $23M
    • Date: March 2020
    • Lead Investors: Craft Ventures, Redpoint Ventures, Goldcrest
    • Motivation: To enhance platform features and enterprise capabilities

    3. Series B Extension

    • Amount Raised: $5M
    • Date: July 2020
    • Lead Investors: Felicis Ventures
    • Motivation: Additional scaling and product improvements

    4. Series C

    • Amount Raised: $50M
    • Date: December 2020
    • Lead Investors: Sequoia Capital, Redpoint Ventures, Goldcrest, Craft Ventures, Felicis Ventures
    • Motivation: To expand enterprise adoption and accelerate growth

    5. Series D

    • Amount Raised: $125M
    • Date: July 2021
    • Lead Investors: Andreessen Horowitz, Insight Partners, Geodesic Capital
    • Motivation: To scale globally, improve integrations, and grow enterprise tools

    Total Funding Raised: $223 Million

    Current Valuation: $2.6 Billion (as of July 2021)

    Latest Funding Date: July 2021

    Key Investors

    1. Insight Partners

    • Details: Global growth-stage venture capital firm specializing in software and technology
    • Investment Focus Areas: Enterprise software, SaaS, developer tools
    • Notable Investments: Shopify, WalkMe, Sourcegraph

    2. Geodesic Capital

    • Details: Venture firm focused on tech and AI-enabled platforms
    • Investment Focus Areas: AI-native products, developer infrastructure, software innovation
    • Notable Investments: Sourcegraph.

    3. Andreessen Horowitz

    • Details: Leading Silicon Valley venture capital firm investing in software, crypto, and AI
    • Investment Focus Areas: Enterprise software, developer tools, AI & agentic technologies
    • Notable Investments: GitHub, OpenAI, Sourcegraph

    4. Redpoint Ventures

    • Details: Venture capital firm focused on early-stage technology companies
    • Investment Focus Areas: Developer infrastructure, SaaS, platform tools
    • Notable Investments: Sourcegraph, Stripe, Twilio

    5. Craft Ventures

    • Details: Venture firm investing in early- and growth-stage tech companies
    • Investment Focus Areas: Enterprise software, developer productivity tools
    • Notable Investments: Sourcegraph, Plaid, Brex

    Where Is Sourcegraph’s Headquarters?

    Sourcegraph is headquartered in San Francisco, United States, providing access to Silicon Valley’s developer ecosystem, venture capital networks, and tech partnerships. The location supports rapid product innovation, integration with major developer tools, and engagement with enterprise clients across software and AI sectors.

    What’s Next for Sourcegraph?

    Sourcegraph aims to enhance AI-native code intelligence, extend platform integrations, and expand its global enterprise footprint. Challenges include maintaining high performance across massive codebases, securing enterprise adoption, and integrating with emerging developer tools and frameworks. With solid funding and a growing team, Sourcegraph is positioned to scale developer productivity solutions, strengthen security controls, and lead in AI-assisted code analysis.

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