Supermaven Raises $12M in Series A Funding to Enhance AI-Powered Code Completion Tool
Supermaven is focused on revolutionizing the way developers interact with their code by offering intelligent, AI-powered solutions that simplify complex coding tasks.
Company Name: Supermaven
Location: New York City, NY
Sector: AI, Software Development, Code Completion
Funding Details: Raised $12 million in Series A funding, led by Bessemer Venture Partners with participation from angel investors including OpenAI co-founder John Schulman, Perplexity co-founder Denis Yarats, Intercom founder Eoghan McCabe, and Mike Volpi, co-founder of Index Ventures San Francisco.
Purpose of Investment: The company plans to use the funds to develop a new product—an advanced text editor designed to accelerate day-to-day tasks and assist experienced developers in navigating and editing large codebases.
Product and Innovation: Supermaven, led by CEO Jacob Jackson, offers a copilot for code completion that enhances developer productivity. The platform currently supports editor extensions for VS Code, JetBrains IDEs, Neovim, and Zed, with over 40,000 developers using the tools to streamline their coding processes.
About the Company: Supermaven is focused on revolutionizing the way developers interact with their code by offering intelligent, AI-powered solutions that simplify complex coding tasks. The upcoming text editor will further enhance their platform’s ability to improve efficiency for experienced developers.