Diligence memo · auto-generated · as of July 3, 2026
Codegen, Inc.
Codegen, Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Codegen, Inc. operates in Computers, based in SAN FRANCISCO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Codegen, Inc. has raised $16M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $16M on 2023-07-13.
Most recent recorded round closed around 2023-07-13.
Valuation (modeled)modeled
Provath models Codegen, Inc. at approximately $188M (range $40M–$404M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.84× the median modeled value of Series B Computers companies in 2022–2024 (11 peers) — value vs value, same stage and era. Within the normal band (84% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 3.0 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 85% of Computers peers (1371 compared).
Modeled value ranks above 84% of those peers.
Closest niche peers: Gauntlet Networks, Inc., Catalyst Software Corp, Manifold Technologies Ltd., aPriori Technologies Inc, Ashby, Inc..
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.