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Blitzy, a Boston startup automating coding, just raised $4.4 million using this 10-slide pitch deck

Blitzy cofounders Brian Elliott and Sid Pardeshi.
  • Startup Blitzy has raised $4.4 million to build its team in Boston.
  • A former Nvidia engineer cofounded Blitzy to automate custom software development.
  • Blitzy says its technology cuts the time of software development projects.

Blitzy, a new startup using AI copilots to automate coding, has raised $4.4 million.

Based in Boston, Blitzy comes from the Harvard Innovation Lab and builds software for companies to automate their workflows, such as generating personalized policies for an insurance provider.

The startup uses AI copilots that, it says, can reduce the time taken to create enterprise applications from what is usually a monthslong process. It compares the process to an airline autopilot, with specific human-led actions accompanying heavy lifting by software.

It was founded by former Nvidia engineer Sid Pardeshi, its CTO, and serial entrepreneur Brian Elliott, its CEO, who met at Harvard Business School after building an app for a local bakery overnight.

"We had deep expertise in the problem that we were solving, and despite the rise of chatbots and copilots, there were a lot of nuances preventing that tech from being adopted because the same prompt can have different outputs for developers," Elliott told Business Insider.

"We're solving these problems for developers using our proprietary orchestration," he added.

The rise of powerful large language models from major tech companies has rapidly advanced the field, helping Blitzy work across multiple models to build its database for code generation, Pardeshi added.

The $4.4 million investment was from Link Ventures, Bessemer, Flybridge, NFX, Picus, and Asymmetric. Funding will go toward building out the company's tech team in Boston.

Check out Blitzy's 10-slide pitch deck below:

Read the original article on Business Insider

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