We raised an $11M Series A led by Karma and DIG Ventures →

We raised an $11M Series A to take software engineering intelligence mainstream

Otto Hilska, Founder & CEO · Jun 18, 2025

At Swarmia, we believe every level of the engineering organization deserves real visibility into how they work — from the CTO reporting to the board, to the engineering manager coaching their team, to the developer waiting on that PR review.

In just five years, we’ve built this vision into reality. Today, some of the best software companies in the world rely on Swarmia — from startups like Lovable and Superhuman to scaleups like Miro and Webflow, all the way to Fortune 500s.

And now, we’re set to take engineering intelligence mainstream. We’re announcing $11M in Series A funding led by Karma Ventures and DIG Ventures, with participation from existing investors Alven and Lifeline Ventures. We’re also thrilled to welcome angel investors who’ve shaped modern software development: Cal Henderson (former CTO of Slack), Romain Huët (Head of Developer Experience at OpenAI), and Alex Plugaru (Co-Founder & CTO of Gorgias).

Kristjan Laanemaa, Founding Partner at Karma Ventures, says:

We’re excited to be partnering with Swarmia at a time where the adoption of software engineering intelligence tools is moving to the mainstream and are proud to see a leader in the space coming from Europe. What really shone through in our conversations with Swarmia customers was the ease of adoption of the product and the relief of engineering leaders in top-tier software companies to finally have a unified data source to help contextualize decisions related to leading their teams.

How we got here: From team visibility to organization-wide intelligence

When we started Swarmia, we had a simple thesis: you can’t improve software development productivity from the top down without buy-in from engineers. We’d all experienced the frustration of waiting for PR reviews, getting stuck in long CI queues, or losing track of what everyone was working on. So we built tools to fix those problems — working agreements to automate feedback loops, Slack notifications to keep code flowing, and work logs to visualize team activity.

But we always knew this was just the foundation. Engineering leaders need organization-wide visibility, and you can’t give a CTO meaningful insights about cross-team initiatives without first understanding how individual pull requests and issues flow through each team. You can’t create reliable software capitalization reports without tracking the actual work engineers do day-to-day.

Our approach wasn’t an accident — it was the only way to build engineering intelligence that actually works. Bottom-up data collection that scales into top-down strategic insights. By starting with granular, team-level data, we created a foundation that could scale up to serve any level of the organization.

We’ve grown to nearly 50 people while maintaining this dual focus: empowering teams with the tools they need to ship faster, while giving leaders the high-level visibility they need to make confident decisions. Our customers have grown with us too — from those early adopters who shared our philosophy of transparency and balanced productivity, to enterprise organizations seeking a more comprehensive alternative to the legacy Git analytics tools that are disappearing from the market.

Where we’re going next: AI as the catalyst for intelligent recommendations

The software world is at an inflection point, and AI is at the center of it. GitHub Copilot, Cursor, and other AI coding tools are reshaping how developers work. But here’s the thing — nobody really knows how much these tools are actually helping. Companies recognize AI as the biggest shift in software engineering in decades, and are eager to turn it into a competitive advantage.

This is where our unique position becomes powerful. Because we’ve spent years building on top of granular team-level data, we can actually measure AI’s impact in ways that nobody else can. You can see which teams are getting the most value, which workflows benefit most from AI assistance, and whether your investment is paying off.

But measuring AI impact is just the beginning. AI is also enabling us to take our core vision to the next level: turning data into timely, actionable recommendations.

We’ve never wanted Swarmia to be a static dashboard. From day one, we’ve focused on connecting metrics to concrete action through features like working agreements and Slack notifications. Now, AI lets us make those recommendations smarter and more contextual.

Take our signals feature — it analyzes patterns across your engineering organization to surface insights that would otherwise stay buried. Instead of just showing you that PR cycle time increased, it tells you which team is affected, what might be causing the slowdown, and what similar organizations did to fix it. It’s the difference between a dashboard that tells you something happened and a smart system that helps you understand why and what to do about it.

We’re also using AI to reduce friction in ways that matter. For example, we recently launched AI-powered issue grouping and smart issue suggestions that automatically link pull requests to the right issues based on code changes and metadata.

The key is that we’re not building AI for AI’s sake. We’re using it to make the engineering intelligence we’ve always believed in more accessible, more actionable, and more valuable for teams of every size.

This is just the beginning. As AI continues to reshape software development, we’re uniquely positioned to help organizations understand and optimize that transition. We have the data foundation, the customer trust, and now the funding to make it happen.

Here’s to the next 5

This funding round isn’t just about Swarmia — it’s about making better engineering intelligence possible for every team. We’re building the platform we wish we’d had at every company we’ve worked at. One that respects developers’ autonomy while giving leaders the visibility they need. One that turns data into action, not just dashboards.

Thank you to our customers who trust us with their engineering data and continue to push us to build better solutions. Thank you to our investors — both existing and new — who believe in our vision of engineering intelligence that serves everyone from the CTO to each individual contributor. And thank you to our incredible team who’ve built something truly special.

There’s much more to come, and we can’t wait to share it with you.

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Otto Hilska
Otto Hilska is the founder & CEO at Swarmia. In the past, he scaled the product development team to 100+ people as the Chief Product Officer at Smartly.io, and founded Flowdock.

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