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Fortune
Fortune
Jeremy Kahn

Tessl worth a reported $750 million and announces $125 million in funding to try to transform software development

GV Index Ventures GitHub
Picture of the team at Tessl sitting in two rows on a roof deck all wearing matching blue T-shirts with the company logo. (Credit: Courtesy of Tessl)

Tessl, a startup founded by a veteran entrepreneur who wants to use AI to revamp how computer programmers design, code, and maintain software, has raised $125 million across two previously undisclosed funding rounds.

The company said it raised a $25 million seed round in April from GV (formerly Google Ventures) and venture capital firm boldstart. Today, it announced it has secured an additional $100 million Series A venture capital round, led by Index Ventures. Accel Partners, GV, and boldstart also participated in the latest funding.

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