Poolside is raising $400M+ at a $2B valuation to build a supercharged coding co-pilot

Bain Capital Ventures and DST are in talks to co-lead Poolside.ai's funding round, aiming to raise at least $400 million with a post-money valuation of $2 billion5. BCV is a previous backer of the company, while DST is a new investor5.

Poolside.ai's tool differs from general LLM models by focusing specifically on helping developers work faster and more efficiently. While general LLM models have a more broad approach, Poolside.ai aims to address the unique needs and challenges faced by developers in their work, offering a specialized solution for improving software development processes.