Phoebe raises £12.6m in seed funding led by GV and Cherry Ventures to build automated software reliability tools.
The seed round was co-led by GV and Cherry Ventures to support the public launch of its AI agent platform.
Phoebe builds an autonomous platform driven by artificial intelligence agents designed to continuously monitor, diagnose, and resolve software failures. Headquartered in London, the firm serves engineering teams across various digital sectors.
London-based software reliability platform Phoebe has secured £12.6m in seed financing to expand its autonomous incident resolution technology. The round was led jointly by GV and Cherry Ventures, alongside the public rollout of the company's platform.
Founded by former Stripe executives, Phoebe deploys swarms of artificial intelligence agents to investigate live system data, diagnose software bugs, and generate code fixes automatically. The fresh capital arrives as the tech sector grapples with soaring downtime costs and mounting developer hours spent managing errors manually.
Early access users, including Trainline and PPRO, have already integrated the software to accelerate remediation times. The company plans to use the investment to further develop its predictive immune system approach for codebases.
From the founder
"High-severity incidents can make or break big customer relationships, and numerous smaller problems drain engineering productivity. Software monitoring tools exist, but they aren't very intelligent and require people to spend a lot of time working out what's wrong and what to do about it."
Matt Henderson
Co-founder at Phoebe
Investor perspective
"AI has transformed how code is written, but software reliability has not kept pace. Phoebe is building a missing layer of contextual intelligence that can help both human and AI engineers avoid software failures. We love the boldness of the team's vision for a software immune system that preemptively fixes problems."
Roni Hiranand
GV
