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Startup · United States

Code Metal

HQ Boston, United StatesFounded 202351-200 employees

Verified code translation for defense, robotics and other mission-critical computing.

WebsiteLinkedIn

Funding5 rounds · $188M

Disclosed
$188M
Latest
$125MSeries B · Feb 19, 2026
Cumulative raised$188M
Dec 13, 2023Feb 19, 2026
Valuation over time$1.25B · Feb 19, 2026
Valuation over timeReported valuation rose from $250M (Nov 12, 2025) to $1.25B (Feb 19, 2026) across 2 valued rounds. 2 without a stated pre/post basis.
Valuations by round
AnnouncedStageValuationBasis
Nov 12, 2025Series A$250MBasis not stated
Feb 19, 2026Series B$1.25BBasis not stated

Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.

Government awards & programs1 award · up to $80.0M ceiling

Awards received1

  • WarMatrix software modernization
    Aug 14, 2026 · OTA
    Confirmed
    Up to $80.0M
    Ceiling

Obligated is what has been committed so far; ceiling is the most the award can reach. Joint values cover all recipients and are excluded from this company’s money totals.

People2

Hiring observations5 listings

A sample of observed listings, not a total vacancy count. Availability may have changed since collection. Categories are inferred from job titles.

Company metrics

LinkedIn employee profiles
128
Observed Oct 5, 2026
Bright Data / LinkedIn · Source ↗
LinkedIn followers
11,045
Observed Oct 5, 2026
Bright Data / LinkedIn · Source ↗

Employee-profile counts reflect LinkedIn profiles associated with the company, not verified headcount. One observation establishes a baseline; it does not establish growth.

Sources16

Profile3

  1. 1

    Shield Capital · Supports Organization · kind

    “Shield Capital is a venture capital firm investing in early-stage companies”
  2. 2

    Code Metal · Supports Organization

    “Verifiable code translation for industries where every line of code matters”
  3. 3

    LinkedIn via Bright Data · Supports Organization · company size, Organization · founded, Organization · headquarters, Organization · logo, Organization · url

    “{"company_size": "51-200 employees"}”

Funding10

  1. 4

    U.S. Securities and Exchange Commission · Mar 12, 2026 · Supports Funding round

    “Total Amount Sold $ 122,999,688 USD”
  2. 5

    FinSMEs · Feb 19, 2026 · Supports Funding round, Funding round · amount, Funding round · post money valuation usd

    “The round was led by Salesforce Ventures, with participation from Accel, B Capital, Smith Point Capital, J2 Ventures, Shield Capital, Overmatch, and RTX.”
  3. 6

    U.S. Securities and Exchange Commission · Nov 13, 2025 · Supports Funding round

    “Total Amount Sold $ 36,474,898 USD”
  4. 7

    CNBC · Nov 12, 2025 · Supports Funding round · amount

    “has raised $36.5 million in a funding round led by Accel”
  5. 8

    U.S. Securities and Exchange Commission · Jul 10, 2025 · Supports Funding round

    “Total Amount Sold $ 6,500,000 USD”
  6. 9

    U.S. Securities and Exchange Commission · Aug 1, 2024 · Supports Funding round

    “Total Amount Sold $ 12,822,777 USD”
  7. 10

    FinSMEs · Jul 23, 2024 · Supports Funding round, Funding round · amount

    “The round was led by Shield Capital.”
  8. 11

    U.S. Securities and Exchange Commission · Dec 20, 2023 · Supports Funding round

    “Total Amount Sold $ 3,150,000 USD”
  9. 12

    WIRED · Supports Funding round

    “Code Metal is now valued on the private market at $1.25 billion”
  10. 13

    The SaaS News · Supports Funding round, Funding round · post money valuation usd

    “The round was led by Accel, with participation from RTX Ventures, Bosch Ventures, Smith Point Capital, Overmatch VC, AE Ventures, Shield Capital, J2 Ventures, Fulcrum Venture Group”

Government2

  1. 14

    Aug 14, 2026 · Supports Government award

    “The Boston-based firm just landed an $80 million contract to modernize and AI-enable WarMatrix, the Department of War’s wargaming simulation environment, *Fortune* learned exclu”
  2. 15

    Aug 14, 2026 · Supports Government award

    “Code Metal’s $80 million U.S. Air Force Other Transaction agreement to advance WarMatrix — an AI-enabled modeling and simulation platform for wargaming and operational planning”

People1

  1. 16

    Crunchbase via Bright Data · Supports Role · founders

    “{"founders": [{"id": "alex-showalter-bucher", "type": "person", "value": "Alex Showalter-Bucher"}, {"id": "peter-morales-fefd", "type": "person", "value": "Peter Morales"}]}”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.