SolveAI Raises $50 Million in Eight Months to Develop AI Coding Tool

The enterprise coding startup aims to generate software that mimics what a company's own engineers would write.

Feb. 25, 2026 at 11:24am

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In just eight months, SolveAI has raised $50 million in funding, including a $45 million Series A led by Google Ventures. The startup, founded by former Palantir engineer Steve Basher, is developing an AI coding tool that aims to generate software tailored to a company's specific needs and context. SolveAI is competing in the hot but competitive AI coding tool space, which includes companies like Cursor and Lovable.

Why it matters

SolveAI's rapid fundraising and ambitious goal of creating AI-generated software that matches a company's own engineering output highlights the growing demand for AI-powered tools that can boost productivity and efficiency in enterprise software development. As companies look to leverage AI to streamline their coding processes, SolveAI's approach of deeply understanding a company's unique context could give it an edge over more generic AI coding assistants.

The details

SolveAI was incorporated in July 2025 and raised a $5 million Accel-led pre-seed round in August. The startup then secured a $45 million Series A in November, led by Google Ventures. SolveAI's other investors include Northzone, Mantis VC, NeverLift, Palantir CISO Mike LoSapio, Google DeepMind's Pushmeet Kohli, and OpenAI's Olivier Godement. The company currently has 11 employees and is competing in the AI coding tool space against companies like Cursor and Lovable.

  • SolveAI was incorporated in July 2025.
  • SolveAI raised a $5 million Accel-led pre-seed round in August 2025.
  • SolveAI secured a $45 million Series A in November 2025, led by Google Ventures.

The players

Steve Basher

Founder and former Palantir engineer who started SolveAI.

Cursor

An AI coding tool company valued at $29.3 billion.

Lovable

An AI coding tool company valued at $6.6 billion that helps non-technical people use natural language to build software.

Tom Hulme

GV managing partner who believes SolveAI can win by deeply understanding the nuances of how enterprises write and deploy software.

Mike LoSapio

Palantir CISO and an investor in SolveAI.

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What they’re saying

“AI's somewhat useless without context. Context is everything. So, our product is: what framework do you build to capture a company's context?”

— Steve Basher, Founder, SolveAI (Fortune)

“Lovable is fantastic for consumers. It's built around people who don't have technical opinions. But I think—beyond just Lovable, in the broader category—no one's figured out how to cover that last-mile. No one's yet figured out how to generate software that actually is as if the enterprise's own engineers had written it.”

— Steve Basher, Founder, SolveAI (Fortune)

“How enterprises write and deploy software is so nuanced that moving from prototypes to scalable production requires a deep understanding of this. The endgame allows a generation of bespoke, production-ready, and compliant software solutions.”

— Tom Hulme, Managing Partner, GV (Fortune)

The takeaway

SolveAI's rapid fundraising and ambitious goal of creating AI-generated software tailored to a company's specific needs highlights the growing demand for AI-powered tools that can boost productivity and efficiency in enterprise software development. As the AI coding tool space becomes increasingly competitive, SolveAI's focus on deeply understanding a company's unique context could give it an edge over more generic AI coding assistants.