

Startup · United States
Code Metal
HQ Boston, United StatesFounded 202351-200 employees
Verified code translation for defense, robotics and other mission-critical computing.
- AcquisitionsSignal Processing Technologies
Funding5 rounds · $188M
- Disclosed
- $188M
- Latest
- $125MSeries B · Feb 19, 2026
| Announced | Stage | Valuation | Basis |
|---|---|---|---|
| Nov 12, 2025 | Series A | $250M | Basis not stated |
| Feb 19, 2026 | Series B | $1.25B | Basis not stated |
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Feb 19, 2026 | Series B | $125M | $1.25B? | Salesforce Ventures | Accel, B Capital, J2 Ventures, Overmatch, RTX Ventures, Shield Capital | Reported |
| Nov 12, 2025 | Series A | $36.5M | $250M? | Accel | AE Ventures, Bosch Ventures, Fulcrum Venture Group, J2 Ventures, Overmatch, RTX Ventures, Shield Capital | Reported |
| Jun 26, 2025 | Undisclosed | $6.5M | — | — | — | Confirmed |
| Jul 23, 2024 | Seed | $16.5M | — | Shield Capital | Fulcrum Venture Group, J2 Ventures | Reported |
| Dec 13, 2023 | Pre-Seed | $3.5M | — | J2 Ventures | Fulcrum Venture Group | Reported |
- Series BLed by Salesforce VenturesWith Accel, B Capital, J2 Ventures, Overmatch, RTX Ventures, Shield CapitalValuation $1.25B?$125MFeb 19, 2026
- Series ALed by AccelWith AE Ventures, Bosch Ventures, Fulcrum Venture Group, J2 Ventures, Overmatch, RTX Ventures, Shield CapitalValuation $250M?$36.5MNov 12, 2025
- UndisclosedConfirmed$6.5MJun 26, 2025
- $16.5MJul 23, 2024
- $3.5MDec 13, 2023
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
| Announced | Award | Agency | Type | Program | Obligated | Ceiling | Confidence |
|---|---|---|---|---|---|---|---|
| Aug 14, 2026 | WarMatrix software modernizationpress:code-metal:2026-08-14:archive-87 | U.S. Air Force | OTA | — | — | Up to $80.0M | Confirmed |
- Up to $80.0MCeiling
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.
Hiring observations5 listings
Principal Physics Engine Programmer, C++ (Modeling & Simulation) ↗
Greater Boston · Full-time · Other
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
Senior Physics Engine Programmer, C++(Modeling & Simulation) ↗
Boston, MA · Full-time · Other
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
Senior Software Engineer (Compiler & AI Tooling) ↗
San Francisco, CA · Full-time · Engineering
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
Senior Software Engineer (Compiler & AI Tooling) ↗
Boston, MA · Full-time · Engineering
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
Senior Software Engineer (Compiler & AI Tooling) ↗
Boston, MA · Full-time · Engineering
Availability unverified · Bright Data / LinkedIn
Observed Oct 5, 2026
A sample of observed listings, not a total vacancy count. Availability may have changed since collection. Categories are inferred from job titles.
Company metrics
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
Shield Capital · Supports Organization · kind
“Shield Capital is a venture capital firm investing in early-stage companies”
- 2
Code Metal · Supports Organization
“Verifiable code translation for industries where every line of code matters”
- 3
LinkedIn via Bright Data · Supports Organization · company size, Organization · founded, Organization · headquarters, Organization · logo, Organization · url
“{"company_size": "51-200 employees"}”
Funding10
- 4Regulatory filingCode Metal, Inc. - SEC Form D (0002001452-26-000001)
U.S. Securities and Exchange Commission · Mar 12, 2026 · Supports Funding round
“Total Amount Sold $ 122,999,688 USD”
- 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.”
- 6Regulatory filingCode Metal, Inc. - SEC Form D (0002001452-25-000003)
U.S. Securities and Exchange Commission · Nov 13, 2025 · Supports Funding round
“Total Amount Sold $ 36,474,898 USD”
- 7
CNBC · Nov 12, 2025 · Supports Funding round · amount
“has raised $36.5 million in a funding round led by Accel”
- 8Regulatory filingCode Metal, Inc. - SEC Form D (0002001452-25-000002)
U.S. Securities and Exchange Commission · Jul 10, 2025 · Supports Funding round
“Total Amount Sold $ 6,500,000 USD”
- 9Regulatory filingCode Metal, Inc. - SEC Form D (0002001452-24-000001)
U.S. Securities and Exchange Commission · Aug 1, 2024 · Supports Funding round
“Total Amount Sold $ 12,822,777 USD”
- 10
FinSMEs · Jul 23, 2024 · Supports Funding round, Funding round · amount
“The round was led by Shield Capital.”
- 11Regulatory filingCode Metal, Inc. - SEC Form D (0002001452-23-000001)
U.S. Securities and Exchange Commission · Dec 20, 2023 · Supports Funding round
“Total Amount Sold $ 3,150,000 USD”
- 12
WIRED · Supports Funding round
“Code Metal is now valued on the private market at $1.25 billion”
- 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
- 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”
- 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
- 16DatabaseCode Metal — crunchbase profile
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.