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We had the pleasure of meeting the Graphite team in the weeks leading up to the COVID outbreak. Hunter spent time with them first, and then Satya followed up. When we were debriefing on that second conversation, Satya expressed his opinion clearly: “Let’s get them a termsheet before anyone else does.” And we did.
It’s been an incredible journey seeing this team navigate the idea maze, find PMF, and just press down the pedal with their AI Developer Platform. Whether your code is written by a human, by AI, or in a hybrid model, it all ends up in Graphite to ensure only quality end product ships. Revenue grew 20x in 2024, representing 10,000+ engineers at over 500 companies, including Shopify, Snowflake, Figma, and Perplexity.
This success, and the aggressive roadmap ahead, earned them the attention of the investor community and the team recently shared news of a $52 Million Series B, led by Accel. In Accel’s diligence they were blown away:
When speaking to Graphite users across enterprises, we were struck by how frequently adoption begins bottoms-up: individual developers and engineering leaders will champion the platform’s impact, and usage will organically spread to a company-wide rollout. One IC made her team a whole deck to convince them to use Graphite. Another threatened to quit if his team didn’t make the switch. It is rare but powerful to see engineers so passionately evangelize a tool with paradigm shift implications across an entire engineering organization.
In other words, everyone who interacts with Graphite is blown away - whether it be people who write code or people who write checks.
Graphite has also built an amazing culture in NYC - a true magnet for technical talent in the city. If you like working with smart engineers and selling a great product to smart engineers, well, they’re hiring.