What is Autify?
Autify is at the forefront of revolutionizing software testing with its advanced AI-driven platform. The company simplifies the complex process of creating, executing, and managing tests for applications, enabling development teams to achieve greater efficiency and accuracy. By leveraging artificial intelligence, Autify empowers users to streamline their testing workflows, reduce manual effort, and accelerate product release cycles. This focus on intelligent automation positions Autify as a key player in the evolving field of software quality assurance.
How much funding has Autify raised?
Autify has raised a total of $25.5M across 3 funding rounds:
Angel/Seed
$2.5M
Series A
$10M
Series B
$13M
Angel/Seed (2019): $2.5M with participation from SalesForce Ventures, Global Brain, and Archetype Ventures
Series A (2021): $10M led by Salesforce Ventures, Uncorrelated Ventures, and Archetype Ventures
Series B (2024): $13M supported by LG Technology Ventures, World Innovation Lab, Globis Capital Partners, and Uncorrelated Ventures
Key Investors in Autify
LG Technology Ventures
LG Technology Ventures is a venture capital firm based in Silicon Valley that supports early- and growth-stage innovators across various sectors, including AI, biotech, and cleantech. With nearly $1 billion in assets under management and over 80 active investments, they provide not only capital but also access to LG Group's extensive global network.
Uncorrelated Ventures
Uncorrelated is an investment firm specializing in infrastructure software, managing over $750 million in assets across three active funds. The firm focuses on both traditional and decentralized portfolios, having invested early in more than 100 companies. Their target clients include startups and emerging companies in the infrastructure and decentralized finance (DeFi) sectors.
Salesforce Ventures
Salesforce Ventures is the corporate venture capital arm of Salesforce, investing in enterprise cloud companies that are building the next generation of business applications. They focus on strategic investments that align with Salesforce's ecosystem and customer needs.
What's next for Autify?
With the recent injection of $13M in major strategic investment, Autify is poised for significant expansion and technological advancement. The company's enterprise-level funding context suggests a focus on scaling operations, broadening its market reach, and further developing its AI capabilities. Future strategic initiatives will likely involve enhancing its platform's intelligence, exploring new market segments, and strengthening partnerships within the enterprise software ecosystem. This capital will be instrumental in solidifying Autify's position as a leader in AI-powered software testing solutions.
See full Autify company page
