How Much Did Autify Raise?
Funding & Key Investors

Autify, an AI-powered software testing platform, has secured significant enterprise-level funding, with its total funding reaching $25.5M. The company recently announced a major strategic investment of $13M, underscoring its growth trajectory and market position in the competitive software development landscape. This latest capital infusion is expected to accelerate Autify's product development and market expansion efforts.

What is Autify?

Autify
SoftwareEngineering Software

Autify is at the forefront of revolutionizing software testing through artificial intelligence. The platform simplifies the intricate process of creating, executing, and managing tests for applications, empowering development teams to enhance efficiency and product quality. By leveraging AI, Autify aims to democratize advanced testing capabilities, making them accessible and manageable for a broader range of users. The company's focus on AI-driven automation addresses a critical need in the fast-paced software development lifecycle, enabling faster iteration and more robust application releases.

How much funding has Autify raised?

Autify has raised a total of $25.5M across 3 funding rounds:

2019

Angel/Seed

$2.5M

2021

Series A

$10M

2024

Series B

$13M

Angel/Seed (2019): $2.5M with participation from Global Brain, SalesForce Ventures, and Archetype Ventures

Series A (2021): $10M led by Salesforce Ventures, Archetype Ventures, and Uncorrelated Ventures

Series B (2024): $13M supported by World Innovation Lab, Globis Capital Partners, LG Technology Ventures, and Uncorrelated Ventures

Key Investors in Autify

World Innovation Lab

WiL - World Innovation Lab is a venture capital firm focused on fostering innovation by connecting startups with corporations and investors, offering investment and mentorship to help emerging companies grow.

Globis Capital Partners

GLOBIS Capital Partners is dedicated to creating a positive impact on Japan's industries by collaborating with entrepreneurs, aiming to build new industrial ecosystems through creativity and transformation on a global stage.

LG Technology Ventures

LG Technology Ventures is a venture capital firm supporting early- and growth-stage innovators across various sectors, including AI and biotech, providing capital and access to LG Group's global network.

What's next for Autify?

With its recent major strategic investment, Autify is poised for significant expansion. The company is likely to focus on enhancing its AI capabilities, broadening its platform's integration with existing development workflows, and scaling its go-to-market strategy. This capital will fuel further research and development, potentially leading to new features that further automate complex testing scenarios and expand support for diverse application types. The backing from prominent investors suggests a strong belief in Autify's vision to transform the software testing industry through intelligent automation, positioning the company for sustained growth and market leadership.

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Frequently Asked Questions Regarding Autify Financial Insights

What are the most recent funding rounds that Autify has completed, and what were the funding rounds?
Autify has recently completed 3 funding rounds: Series B on Jun 17, 2024, Series A on Oct 6, 2021, Angel/Seed on Oct 2, 2019.
What is the total amount of funding Autify has raised to date?
Autify has raised a total of $25.5M in funding to date.
How many funding rounds has Autify completed?
Autify has completed 3 funding rounds.
How much funding did Autify raise in its most recent funding round?
Autify raised $13M in its most recent funding round.
Who are the lead investors in Autify's latest funding round?
The lead investor in Autify's latest funding round was World Innovation Lab. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Autify's history?
The largest funding round in Autify's history was $13M.
See more information about Autify