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    4. Blitzy’s $200M growth round: How the deal came together in eight weeks

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    Blitzy’s $200M growth round: How the deal came together in eight weeks

    July 6, 2026

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    Nixon Peabody attorneys helped one of the country’s fastest-growing AI companies raise a landmark amount in half the expected time.

    Blitzy's $200M growth round: How the deal came together in eight weeks

    Blitzy's $200M growth round

    Hear directly from Blitzy and Nixon Peabody about what it took to get this deal done.

    Blitzy is an autonomous software development platform built for enterprise codebases. By shifting the unit of work from the developer to entire project execution, Blitzy delivers more than 80% autonomy on complex epics and accelerates engineering velocity by 5x.

    Blitzy is designed for the enterprise, serving complex and large projects. For codebase reverse engineering, it uses continuous compute to map more than 100 million lines of code into a dynamic knowledge graph. For large-scale modernizations and steady-state SDLC work, Blitzy’s orchestration layer fuses frontier models to recursively decompose and execute large-scale projects in parallel. Quarters of work ship in days.

    Operating in more than 15 industries, with vertical offerings in financial services, public sector, education, and insurance, Blitzy competes in one of the fastest-growing sectors in technology. That pace demands partners who are willing to move with the company and think as ambitiously as its founders do.

    Closing $200 million in eight weeks, without losing sight of the long game

    When Blitzy set out to raise its latest venture financing, the mandate was clear: Protect the founders’ vision, bring in investors who believed in where the company was headed, and close quickly. That meant finding legal counsel who wouldn’t treat a two-month timeline as unrealistic.

    The Nixon Peabody team, led by Christopher Keefe, guided the transaction from start to finish, closing a $200 million funding round at a $1.4 billion valuation in approximately eight weeks. Speed was essential, but Tanner Powers, vice president of finance and operations at Blitzy, created a Nixon Peabody deal team that matched the company’s drive while keeping perspective on what mattered beyond the close. “You guys took the time to walk through the ramifications of every decision,” he said, “because sometimes you’re in the moment and you feel like you have to decide without realizing what that means three years from now.”

    Nixon Peabody attorneys bring that perspective to every complex venture financing and growth transaction they handle. Getting to a close is only part of the work. The rest is making sure clients understand what they’re agreeing to, where the leverage points are, and how today’s decisions hold up over time. Transparent communication, genuine engagement at every level of both teams, and a real investment in the client’s long-term trajectory are what made it possible to move at Blitzy’s pace without losing sight of what was at stake.

    A legal partner for the road ahead

    The completed round positions Blitzy for the next phase of its growth. The company is expanding its platform, deepening its go-to-market strategy, and building a customer base that spans industries and geographies. For venture-backed technology industry companies at Blitzy’s stage, the right legal partner is one that can operate at speed while keeping the long view in focus. Nixon Peabody’s Corporate team is built for exactly that work.

    Client Story

    Practices

    Corporate & FinanceMergers, Acquisitions, and Corporate Transactions Private EquityVenture Capital

    Industries

    Technology

    Key Contact

    Christopher P. Keefe

    Partner / Chair, Business & Finance Department

    • ckeefe@nixonpeabody.com
    The foregoing has been prepared for the general information of clients and friends of the firm. It is not meant to provide legal advice with respect to any specific matter and should not be acted upon without professional counsel. If you have any questions or require any further information regarding these or other related matters, please contact your regular Nixon Peabody LLP representative. This material may be considered advertising under certain rules of professional conduct.

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