# Blacksmith raises $66 million Series C, reaches $1 billion valuation

> Blacksmith’s latest funding round, led by Sequoia, values the CI platform at unicorn level.

Oossa · 2026-10-21 · https://oossa.com/en/blacksmith-raises-66-million-series-c-reaches-1-billion-valuation

Event date: 2026-10-21

Blacksmith announced a $66 million Series C funding round on October 21, 2026. The round was led by Sequoia and lifts the company's valuation to $1 billion. The platform helps firms run continuous integration (CI) – automated building, testing and merging of code – including code generated by AI. Blacksmith said its annual recurring revenue has grown 17 times and it has processed more than 90 million CI jobs. Customers include Mercury and Granola.

## The facts

- Series C: $66 million led by Sequoia
- Valuation: $1 billion (unicorn status)

## Why it matters

Enterprises can now rely on a better‑funded tool to manage the surge of AI‑written code in their CI pipelines.

## Sources & references

1. [Blacksmith hits unicorn valuation after Sequoia leads Series C](https://techcrunch.com/2026/10/21/blacksmith-hits-unicorn-valuation-after-sequoia-leads-series-c/) – TechCrunch, 2026-10-21

Last updated: 2026-10-21