Port, an Israeli startup that uses AI agents to make software development easier, has raised $100 million in a Series C funding round. The round was led by General Atlantic and included investors like Accel, Bessemer Venture Partners, and Team8.
The funding round values Port at $800 million and brings the company’s total funding to $158 million.
Port was founded in 2022 by CEO Zohar Einy and CTO Yonatan Boguslavski. The idea came from their experience building an internal developer portal for the IDF’s Unit 8200, which supported over 2,000 developers.
Today, Port has a team of 200 people working in Israel and the U.S.
The new funding will help Port improve its Agentic Engineering Platform (AEP), a system that automates tasks across the whole software development process.
The platform is already used by hundreds of organizations, including GitHub, British Telecom, Visa, Sonar, StubHub, Serko, and Nando’s. The company also reports that its revenue has grown by 300% over the past year.
“The big question in our industry is what engineering looks like in an AI world,” said Zohar Einy, Port’s founder and CEO. “Our view is simple: humans and agents will run the software development lifecycle together. Agents take on the operational load, humans stay in control, and organizations gain a level of velocity we’ve never had before.”
The platform keeps human engineers at the center of the process. They can review decisions, set confidence levels, and guide AI agents through complicated tasks.
This oversight ensures that organizations can use AI safely while maintaining control and trust.
“We have grown from 90 to 200 employees and expanded our annual recurring revenue, signing several multi-million-dollar, multi-year deals,” Einy. “Our average deal size increases by tens of percent quarter after quarter. We will undoubtedly become an Israeli unicorn in the development sector. I am proud that we are diversifying the Israeli ecosystem beyond cyber companies. Each organization has unique software architecture, processes, and culture. We built Port as a flexible, easy-to-implement platform for diverse environments so we can grow quickly and allow customers to manage all development processes in one platform, serving all technical teams.”
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