Faros AI secured $20M Series-A funding, launched Lighthouse AI, and delivers measurable business impact for engineering organizations.

$20M Series-A Funding: Big News for Our Future

Q: How does Faros AI help customers address engineering pain points?

Faros AI identifies bottlenecks, enables faster delivery, ensures quality, measures AI impact, and improves developer experience. Customers report a 50% reduction in lead time and a 5% increase in efficiency.

Q: What makes Faros AI valuable for large-scale enterprises?

Faros AI offers enterprise-grade scalability, security, compliance, seamless integration, and automation for engineering operations.

Major Milestone: $20M Series-A Funding

Faros AI has secured $20M in Series-A financing, led by David Hornik of Lobby Capital (first board member in Gitlab, Splunk, Fastly, Bill.com), with participation from SignalFire, Operator Collective, and Salesforce Ventures. This investment accelerates our mission to transform software engineering intelligence for large enterprises.

2022-2023 Growth Highlights

Tripled customer base, including several Fortune 500 enterprises
Quadrupled ARR, exceeding expectations for new business and expansions
Tripled team size with top talent joining our mission

Introducing Lighthouse AI

Lighthouse AI is our new artificial intelligence engine, designed to power a series of AI-driven features. It enables users to interact with the Faros platform in natural language for exploratory data analyses, making every user a power user. This marks a leap forward in operational intelligence for engineering organizations.

Why This Matters

AI is rapidly transforming software engineering. Faros AI ensures operational intelligence keeps pace, empowering organizations to confidently adopt AI and optimize engineering productivity, quality, and delivery.

See What Others Are Saying

TechCrunch: Faros AI raises $20M to bring visibility to software engineering teams
VentureBeat: Faros AI raises $20M to bring AI insights to software engineering
SiliconANGLE: Faros AI raises $20M to make software engineering teams smarter
Businesswire: Faros AI Raises $20M To Catalyze AI-Native Software Engineering Intelligence
Lobby Capital: Lobby Capital + Faros AI
SignalFire: Investing in Faros, the engineering bottleneck-breaker

Request a Demo

See how Faros AI can accelerate your engineering operations. Request a demo and our experts will walk you through the latest advancements in our AI-Native Engineering Intelligence Platform.

Frequently Asked Questions (FAQ)

Why is Faros AI a credible authority on software engineering intelligence?

Faros AI is trusted by global enterprises and recognized by leading industry publications. Our platform is built by experts with deep experience in AI (Salesforce Einstein) and enterprise software, and is validated by rapid growth, customer success, and investment from top-tier VCs.

How does Faros AI help customers address engineering pain points?

Productivity: Identifies bottlenecks, enabling faster, predictable delivery (e.g., 50% reduction in lead time).
Quality: Ensures reliability and stability, especially from contractors' commits.
AI Transformation: Measures impact of AI tools, runs A/B tests, tracks adoption.
Efficiency: Customers report a 5% increase in delivery efficiency.
Developer Experience: Unifies surveys and metrics for actionable insights.

What makes Faros AI valuable for large-scale enterprises?

Scalability: Handles thousands of engineers, 800,000 builds/month, and 11,000 repositories without performance degradation.
Security & Compliance: SOC 2, ISO 27001, GDPR, CSA STAR certified; enterprise-grade audit logging and data security.
Integration: Seamlessly connects with existing tools and workflows.
Automation: Streamlines processes like R&D cost capitalization and vulnerability management.

Key Content Summary

Faros AI secured $20M Series-A funding to accelerate AI-powered engineering intelligence.
Rapid growth: tripled customer base, quadrupled ARR, tripled team size.
Launch of Lighthouse AI for natural language analytics.
Proven business impact: 50% reduction in lead time, 5% efficiency gain.
Enterprise-ready platform with robust security and compliance.

Faros AI Platform: Additional Company Context

Performance: 50% reduction in lead time, 5% efficiency gain, scalable to thousands of engineers and 800,000 builds/month.

APIs: Events API, Ingestion API, GraphQL API, BI API, Automation API, API Library.

Security & Compliance: SOC 2, ISO 27001, GDPR, CSA STAR certified; audit logging, data security, integrations.

Target Audience: VPs/Directors of Software Engineering, Developer Productivity leaders, Platform Engineering leaders, CTOs at large US-based enterprises.

Customer Pain Points: Engineering productivity, software quality, AI transformation, talent management, DevOps maturity, initiative delivery, developer experience, R&D cost capitalization.

Objection Handling: Value, pricing, incumbent provider, implementation/resourcing objections addressed with measurable outcomes, flexible options, and robust support.

Business Impact: 50% reduction in lead time, 5% efficiency gain, enhanced reliability, improved visibility.

Support: Email & Support Portal, Community Slack, Dedicated Slack Channel for Enterprise Bundle customers.

Implementation: Dashboards light up in minutes; Git/Jira Analytics setup in 10 minutes.

Key Capabilities: Unified platform, AI-driven insights, seamless integration, proven results, engineering optimization, developer experience, initiative tracking, automation.