Companies

Code Metal

codemetal.ai

Code Metal provides verifiable AI software that translates and optimizes mission-critical code for deployment across hardware platforms.

HQBoston, Massachusetts, United States
Employees11-50
Funding$59.2M
Valuation$250M
27 active roles
Profile 6mo agoJobs checked 17h ago
AI / MLAI ApplicationB2B SaaSSeries A$50M-$200M

About

Code Metal builds Provable AI software that translates, verifies, and optimizes code for deployment across languages, architectures, and hardware targets. It sells primarily to defense, aerospace, automotive, semiconductor, telecommunications, and other regulated or mission-critical organizations; its differentiator is combining AI-based code translation with formal verification and production-readiness guarantees.

Market

Code Metal competes in AI-powered software modernization and source-to-source code translation for embedded, edge, defense, aerospace, automotive, semiconductor, and other mission-critical systems. Its differentiation is the combination of AI reasoning with static analysis, automated testing, formal verification, compliance checks, and hardware-specific optimization, positioning it as a production-assurance platform rather than a general-purpose coding assistant.

Target Customers

Large enterprises and government organizations in defense, aerospace, automotive, semiconductor, robotics, and other regulated or mission-critical sectors. The primary buyers are engineering, embedded-software, platform, and safety/compliance leaders who need to modernize or port production code across languages, chips, and hardware targets without sacrificing verification, performance, or regulatory readiness.

At a Glance

Problem

Mission-critical industries often need to move software between programming languages, hardware targets, and generations of systems, but conventional rewrites are slow, expensive, and difficult to verify. The pain is especially acute in defense, aerospace, automotive, and semiconductor applications, where unverified AI-generated or manually translated code cannot be safely deployed because compliance, correctness, memory safety, and long-term maintainability are mandatory.

The clearest use case is aerospace and defense: translating modern Python research code into low-level, standards-compliant software that is ready for production and certification. Code Metal also addresses large-scale modernization programs, such as porting legacy systems to customer-preferred platforms while improving safety and maintainability.

Product / Service

Code Metal provides an AI-powered software platform for verifiable code translation, modernization, and portability. It translates high-level code into production-ready formats across different programming languages and hardware targets, combining machine reasoning with formal analysis rather than relying only on probabilistic code generation.

The key benefit is speed with evidence of correctness: the company says its neuro-symbolic approach mathematically proves translated code correct and supports compliant deployment in mission-critical environments. Customers use the platform to move between languages, optimize software for hardware, modernize code across business units, and accelerate compliance and production readiness.

Market

Code Metal competes in enterprise AI software for automated code translation, formal verification, code modernization, and hardware portability. Its target market is concentrated in regulated and technically demanding sectors, including defense, aerospace, automotive, semiconductors, and other mission-critical industries. The available research does not identify a definitive named direct competitor; Code Metal is differentiated from ordinary AI code-generation tools by emphasizing verifiability and compliance.

The company is clearly post-revenue rather than pre-revenue. In November 2025 it announced a $36.5 million Series A, said it had deployed across defense, automotive, and semiconductor industries, and reported being under contract for eight figures of revenue that year. In February 2026 it announced a $125 million Series B led by Salesforce Ventures and named Toshiba, RTX, L3Harris, and the U.S. Air Force among customers, with demand reaching programs of record in the U.S. Air Force and L3Harris.

Founders & Leadership

Peter MoralesFounder
Co-Founder & CEO
Alex Showalter-BucherFounder
Co-Founder & SVP of Technology
Ryan AytayPresident & COO
Laura ShenEVP & Head of Growth
Jennifer PaauSVP of Business Operations & Strategy

Funding History

2023-12
Pre-seed$3.15M (Tracxn; company disclosure reports approximately $3.45M)

J2 Ventures

2024-07
Seed$13M

Shield Capital

2025-06
Seed$6.5M

Not publicly disclosed

2025-11
Series A$36.5M

Accel

2026-02
Series B$125M

Salesforce Ventures

Recent News

2026-06-25
Code Metal Acquires Signal Processing Technologies, Expanding Its Provable AI Platform and Establishing the Advanced RF Group

Code Metal acquired Signal Processing Technologies and launched its Advanced RF Group, extending its provable AI platform into advanced communications, spectrum awareness, and digital signal processing for commercial, industrial, and defense customers.

2026-08-01partnership
Code Metal, Inc. | NAMC

The NAMC member page describes a partnership with Code Metal focused on accelerating the deployment of mission-critical capabilities and supporting member-driven innovation.

2026-02-19funding
Code Metal Secures $125M Series B at $1.25B Valuation to Bridge the Trust Gap in AI Code Generation

Code Metal announced a $125 million Series B led by Salesforce Ventures at a $1.25 billion valuation. The financing is intended to expand engineering, product development, commercial and government partnerships, and go-to-market operations.

2026-02-19funding
Code Metal Closes $125 Million Series B

Code Metal’s official announcement confirmed the close of its $125 million Series B and said the funds would support engineering capacity, product development, commercial and government partnerships, and sales expansion.

2026-02-19funding
Why We Invested in Code Metal

B Capital announced its investment in Code Metal as part of its thesis around AI in critical infrastructure and decision-making, and said it was partnering with the Code Metal team.

2026-02-19
TBPN: Code Metal Interview

TBPN covered Code Metal’s $125 million Series B and its work applying AI to rewrite code for the defense industry.

2026-02-20
Code Metal Secures $125M To Scale Verifiable AI Code Translation

Ventureburn reported that Code Metal raised $125 million to expand verifiable AI code translation, with the funding supporting engineering, product development, and commercial growth.

2025-11-12funding
Code Metal Raises $36.5 Million For Verifiable, AI-Powered Code Translation

Code Metal announced a $36.5 million Series A led by Accel at a $250 million valuation. The financing was raised to advance provably correct AI code translation for mission-critical industries and edge deployment.

Active Roles

27
San Franscisco Hub/Product/1d ago
Remote /Professional Services/8d ago
Washington DC Office/Sales/8d ago
Washington DC Office/Sales/8d ago
Remote /Legal/8d ago
Boston Hub/Solutions Engineer/10d ago
Remote /Sales/14d ago
Washington DC Office/Professional Services/14d ago
Honolulu, HI/Professional Services/14d ago
Tampa, FL/Professional Services/14d ago
Boston Hub/Engineering/16d ago
Remote /Product/21d ago
San Franscisco Hub/Legal/21d ago
Boston Hub/HR & Recruiting/30d ago
San Franscisco Hub/Solutions Engineer/34d ago
Remote /Engineering/34d ago
Boston Hub/Engineering/34d ago

Business Model

Code Metal appears to monetize through enterprise and government contracts for its code-translation, verification, modernization, and optimization platform. Its customers include defense and other regulated enterprises, while public materials emphasize contract scale and commercial partnerships rather than disclosing specific subscription, licensing, or usage-based pricing.

Products

Verifiable AI code translation platform for translating source code between programming languages and target architecturesCode modernization, including memory-safety migration and long-term maintainability improvementsCode portability across chips, hardware platforms, and vehicle or product variantsEdge and embedded software development for production deploymentAutomated test generation, formal verification, compliance validation, and target-specific optimization

Customers

ToshibaRTXL3HarrisU.S. Air ForceRaytheonBoeingBoschNVIDIACollins

Tech Stack

AI/LLM-based code translation and program synthesisNeuro-symbolic reasoning combining AI with formal methodsStatic program analysis and repository decompositionAutomated test generation, including functional and MC/DC coverageFormal verification and configurable compliance checksHardware-aware code optimization, benchmarking, and edge deployment

Competitors

NVIDIA
Anyscale
Perforce Software
IBM watsonx Code Assistant
AWS Transform
AdaCore SPARK/GNAT Pro
VectorCAST

Key Investors

Shield Capital, Accel, RTX Ventures, Bosch Ventures, AE Ventures, J2 Ventures, Overmatch Ventures, Smith Point Capital, Fulcrum Venture Group