Developer Tools

CoreNet

CoreNet Raises $40M Series B to Transform Developer Tools

$40M Series B
Total Raised
Series
Latest Round
2022
Founded
100-250
Employees
Philadelphia, PA
1 min read

Quick Facts

Valuation
$500M
Latest Round Size
$40M Series B
Latest Round Date
October 2025

CoreNet Raises $40M Series B in Latest Funding Round

CoreNet has successfully closed a $40M Series B funding round, marking a significant milestone in the company's growth trajectory. The round was led by Greylock Partners, with participation from NEA.

Company Overview

Founded in 2022 and headquartered in Philadelphia, PA, CoreNet has established itself in the Developer Tools space. Leading machine learning platform automating enterprise workflows with advanced AI models

With a current valuation of $500M, the company has demonstrated strong market traction and investor confidence.

Investment Details

  • Amount Raised: $40M Series B
  • Valuation: $500M
  • Lead Investor: Greylock Partners

Future Outlook

As CoreNet moves forward with its expanded funding, the company is well-positioned to capitalize on market opportunities and drive innovation in the developer tools space.

Key Investors

Greylock Partners
Venture Capital
Leading venture capital firm investing in technology companies
NEA
Venture Capital
Leading venture capital firm investing in technology companies

About the Author

Sarah Kim
Sarah Kim
Healthcare and biotech investment analyst with expertise in Series B+ rounds and strategic partnerships.