The direct CH functionalizations have garnered immense popularity in the chemical community as they offer novel strategic approaches to introduce new functional entities into small organic molecules. One of the most promising reaction technologies for CH functionalization is the dirhodium carboxylate‐catalyzed insertion of transient metal carbenes into CH bonds. Over the years, this area has witnessed tremendous growth and dirhodium carboxylates have evolved as powerful catalysts allowing site‐ and stereoselective CH insertion reactions. This article delineates all these developments made in the last 10 years in the field of rhodium(II) carboxylate‐catalyzed intra‐ and intermolecular insertion of metal carbenes into Csp
2
H and Csp
3
H bonds with representative examples. A particular emphasis has been given to illustrate the effectiveness of dirhodium catalysts in controlling the site‐ and stereoselectivity in CH insertions of a diverse variety of substrates, including applications in the synthesis and late‐stage functionalization of biologically active compounds, pharmaceuticals, and natural products.