Port raises $100 million Series C at $800 million valuation to power AI agents across development
The Israeli startup’s Agentic Engineering Platform handles software lifecycle from code to production.
Port, an Israeli startup that uses AI agents to streamline software development, announced a $100 million Series C funding round led by General Atlantic, with participation from Accel, Bessemer Venture Partners, and Team8. The round values the company at $800 million and brings total funding to $158 million.
Port was founded in 2022 by CEO Zohar Einy and CTO Yonatan Boguslavski. Before Port, Einy co-founded Aporia, backed by TLV Partners, which also invested in Port in previous rounds. Port emerged from the founders' experience building an internal developer portal for the IDF's Unit 8200, which served over 2,000 developers. The company currently employs 200 people in Israel and the U.S.
The funding will allow Port to advance its Agentic Engineering Platform (AEP), a system designed to automate operational work across the entire software development lifecycle. The platform is already used by hundreds of organizations, including GitHub, British Telecom, Visa, Sonar, StubHub, Serko, and Nando’s, and the company reports a 300% increase in revenue over the past year.
While AI coding tools have transformed how developers write code, studies suggest that coding accounts for only around 10% of a developer’s day. The remaining 90% is dominated by operational and administrative tasks: bug fixing, refactoring, planning, research, and compliance. Port’s AEP addresses this gap by enabling AI agents to manage these responsibilities autonomously, from processing tickets to production, self-healing incidents, remediating vulnerabilities, and maintaining compliance standards.
“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 allows human engineers to remain central to the process, reviewing decisions, setting confidence thresholds, and guiding agents through complex scenarios. This governance layer ensures that organizations can adopt AI while maintaining oversight 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 told Calcalist. “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.”
