GitHits Raises €1.5 Mn in Pre-seed Round led by Vendep Capital

The funding round was backed by Finnish venture capital firm Vendep Capital, Estonian investor Trind, and several well-known angel investors, including Peter Sarlin, Zach Shelby, and Jerry Liu.

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“Our vision is to index all public open-source code. With this funding, we are launching the beta version of the product today, and the first commercial version later this year,” says CEO Jaakko Timonen.

“OpenAI, Anthropic and Google have left a gap in the market. GitHits doesn’t compete with Codex, Claude Code or Cursor, but complements them by bringing open-source code as context for agents to end retry loops and reduce token consumption,” says CTO Olli-Pekka Heinisuo.

“We’d been watching GitHits since it was just an idea, and what convinced us was the team that formed around it. Olli-Pekka is a quiet legend in open source and has lived inside this problem for years. At this stage you invest in people, and this was an easy call,” added Timo Felin, Partner at Vendep Capital.

Founded in 2025 by Jaakko Timonen, Olli-Pekka Heinisuo, Nathan Burg, and Juha Litola, GitHits helps AI coding assistants access and understand open-source code more effectively. Its CLI tool provides real-world code examples, allows AI agents to explore dependency source code, inspect software packages and access relevant documentation.

The platform creates an up-to-date, version-aware index of code when needed. This allows AI coding agents to quickly search, navigate, and analyze the actual code behind the libraries and dependencies they use, helping them generate more accurate and reliable code.