Harness Hits $5.5B Valuation With $240M Raise To Automate AI’s ‘AfterCode’ Gap

Harness hits $5.5B valuation with $240M funding to automate AI’s “after-code” work and accelerate software delivery.
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Harness Hits $5.5B Valuation With $240M Raise To Automate AI’s ‘AfterCode’ Gap
Harness Hits $5.5B Valuation With $240M Raise AI-powered DevOps startup Harness is making waves in the software industry, hitting a $5.5 billion valuation after a $240 million Series E funding round. The company, founded in 2017 by tech veteran Jyoti Bansal, is already on track to surpass $250 million in annual recurring revenue in 2025. Credit: Harness This latest raise reflects growing investor confidence in Harness’s mission: automating the complex, error-prone tasks that follow code production—an area now dubbed the “after-code” phase. With AI accelerating software creation, this post-coding bottleneck is emerging as one of the biggest challenges for development teams worldwide. Series E Funding Led by Goldman Sachs The $240 million funding round includes a $200 million primary investment led by Goldman Sachs , alongside a $40 million tender offer. Venture partners IVP, Menlo Ventures, and Unusual Ventures also participated in the tender, which provides liquidity to long-term employees. …