Blitzy raises $200M at $1.4B valuation for autonomous enterprise coding

Cambridge-based autonomous coding startup Blitzy raised $200 million in a Series C round led by Northzone, reaching a $1.4 billion valuation. Founded in 2023 by CEO Brian Elliott (former Army Ranger) and CTO Sid Pardeshi (NVIDIA alumnus with 27 neural network patents), the platform claims to autonomously handle months of software development work, increasing engineering velocity fivefold. Dozens of Global 2000 companies across ten industries have adopted the platform. Blitzy ranked #1 on SWE-Bench Pro at 66.5%, ahead of models from OpenAI, Anthropic, and Google.