CI startup Blacksmith hit tens of millions in revenue with ~30 employees

Blacksmith, founded 2024, reached a $10 million annualized revenue run rate with just 10 employees. The CI infrastructure provider has since grown to roughly 30 staff and revenue in the "tens of millions of dollars." Over 5,000 customers include Mercury, Supabase, and Expensify, with some spending more than $1 million annually. Peak XV led a $45 million Series B at a $550 million valuation.