Grit
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Grit - overview
Established
2022
Location
New York, NY, US
Primary Industry
Software
About
Based in New York, US, and founded in 2022, Grit operates as an artificial intelligence code cleanup startup that offers a platform that automatically fixes technical debt. The platform offers static analysis tools with machine learning. As of 2023, the company is led by its founder and CEO, Morgante Pell. In August 2023, Grit raised USD 7 million in seed funding co-led by investors Abstract Venture and Founders Fund, with participation from other investors 8VC, A* Capital, AME Cloud Ventures, CoFound Partners, Operator Partners, Quiet Capital, SV Angel, and Uncorrelated Ventures.
The company engages in operating within the domain of artificial intelligence code enhancement and introduces an AI-driven solution with the purpose of optimizing the software maintenance workflow. Its platform facilitates the automation of comprehensive migrations and provides AI-guided improvements to code architectures. Through the utilization of machine learning and static analysis, Grit's technology generates pull requests autonomously, with the specific aim of addressing the technical deficiencies associated with software development. The company generates its revenue from its data migration platform catering to teams and enterprises, offering accessibility for groups of up to 20 developers.
The company intends to use the funding from August 2023 to expand Grit. Previously in a private beta, the company has now moved to a public beta with the new funds. This fund will help grow operations and improve development efforts, aiming to support more programming languages.
Primary Industry
Software
Sub Industries
Web Applications, Application Integration Software, Analytics & Performance Software
Website
www.grit.io
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Grit - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.