About
Functionize, founded in 2015 in San Francisco, provides an AI-powered cloud platform that automates software testing for large enterprises.
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Founders / core team
Investors
Funding history
- 2025-08Series B$41M
Investors · Wipro Ventures、Mumford Investments、LHH Investments、Canvas Ventures
Source · SVTR Weekly #119
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- Functionize
Functionize, founded in 2015 in San Francisco, provides an AI-powered cloud platform that automates software testing for large enterprises.
Series B · $41M · 2025-08
$41M
United States
BusinessLatest roundTotal raisedDate- Synthesized
Synthesized, founded in 2020 in London, UK (with a presence in New York), uses AI to automate enterprise software testing and synthetic test data generation.
Series A · $20M · 2025-09
$20M - Opkey
Opkey, founded in 2015 in Dublin, California, USA, has built a no-code, AI-driven platform designed to automate testing for enterprise software systems, including ERP platforms such as Oracle, SAP, and Salesforce.
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$47M - Standard Template Labs
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Seed · $98M · 2026-03 · Valuation $300M
$98MValuation $300M
China
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Founded in 2023 in London, StackOne provides a unified API integration platform that enables SaaS vendors and AI agent developers to connect with enterprise software tools through a single interface.
Series A · $20M · 2025-05
$20M - Thunders
Founded in 2024 in Paris, Thunder Code offers a generative AI software testing platform that enables development teams to automate quality assurance testing without writing code.
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$9M - Holmes
Holmes, founded in 2021 in Ghent, Belgium, automates end-to-end software testing by learning user workflows to continuously test web applications.
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$1M
Other / unspecified
BusinessLatest roundTotal raisedDate- Boost Security
Boost Security, founded in 2020 in Montréal, Canada, provides a software supply chain security platform covering the entire software development lifecycle, offering code vulnerability identification and automated remediation.
$16M · 2026-05
$16M - Early
Early, founded in 2023 in Tel Aviv, uses AI to automate unit test generation, helping developers identify and fix bugs earlier in the development cycle.
Undisclosed · $5M · 2024-10
$5M - CraftifAI
CraftifAI is a Bengaluru-based startup founded in 2025 that builds Orbit, an agentic AI platform automating embedded software development for edge, IoT and AI hardware, from firmware generation to edge AI deployment and FPGA design.
$3M
$3M
Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
Investors that may fit
Y Combinator
28 Developer Tools deals in the last 24 months · 13 at a nearby stage · 25 in 硅谷
Request intro →Accel
25 Developer Tools deals in the last 24 months · 17 at a nearby stage · 16 in 硅谷
Request intro →Sequoia Capital
14 Developer Tools deals in the last 24 months · 8 at a nearby stage · 12 in 硅谷
Request intro →Andreessen Horowitz
14 Developer Tools deals in the last 24 months · 5 at a nearby stage · 14 in 硅谷
Request intro →Lightspeed
11 Developer Tools deals in the last 24 months · 6 at a nearby stage · 11 in 硅谷
Request intro →General Catalyst
11 Developer Tools deals in the last 24 months · 3 at a nearby stage · 9 in 硅谷
Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.