In just eight months of existence, SolveAI has raised $50 million.
That’s shorter than a pregnancy, but longer than an NFL season. The enterprise coding startup—incorporated in July by former Palantir engineer Steve Basher—has eleven employees, and raised its $5 million Accel-led pre-seed in August. Basher’s idea was simple: That an AI coding tool must be completely specific to the company using it.
“AI’s somewhat useless without context,” Basher told Fortune. “Context is everything. So, our product is: what framework do you build to capture a company’s context?”
“Lovable is fantastic for consumers,” said Basher. “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.”
Basher believes that SolveAI can, yes, solve that last-mile for large companies looking to vibe code with their employees. Tom Hulme, GV managing partner, believes Basher and SolveAI can win on getting the details right.
“How enterprises write and deploy software is so nuanced that moving from prototypes to scalable production requires a deep understanding of this,” said Hulme via email. The endgame, he says, “allows a generation of bespoke, production-ready, and compliant software solutions.”
“The more we can understand about a company, the better we can serve it,” said Basher. “Why would anyone want to use anyone else? You want to use something that knows your company better than you do.”
See you tomorrow,
