Diligence memo · auto-generated · as of July 2, 2026
Code Climate Inc.
Code Climate Inc. has raised $62M over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Code Climate Inc. operates in Climate / Cleantech, based in NEW YORK.
Sub-sector tags: climate/cleantech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Code Climate Inc. has raised $62M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $50M on 2021-08-31.
Most recent recorded round closed around 2021-08-31.
Valuation (modeled)modeled
Provath models Code Climate Inc. at approximately $908M (range $178M–$2.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 24 months.
Last raise 4.8 yr ago; this sector typically re-raises about every 9 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 6.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 88% of Climate / Cleantech peers (207 compared).
Modeled value ranks above 90% of those peers.
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.