Testsigma Secures $8.2 Million in Funding Round

Preeti Bali / 8:03 am / June 6, 2024

Testsigma, a leading provider of artificial intelligence (AI)-powered low-code test automation solutions, has announced the successful completion of an $8.2 million funding round. The round was led by MassMutual Ventures, a venture capital firm focused on emerging technologies. Existing investors Accel, STRIVE, and BoldCap also participated in the funding, demonstrating their continued support for Testsigma’s innovative platform.

Building on a Strong Foundation: Previous Funding and Growth

This latest funding round signifies a significant milestone for Testsigma. In 2022, the company secured $4.6 million in a funding round led by Accel, with participation from STRIVE and BoldCap. Since then, Testsigma has experienced impressive growth, solidifying its position as a leader in the test automation landscape.

Revolutionizing Test Automation: Empowering Teams with Low-Code Solutions

Founded in 2019 by a team of visionaries including Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya, and Rajesh Reddy, Testsigma is dedicated to transforming the way software testing is conducted. Their innovative platform leverages the power of next-generation AI (Gen AI) and a user-friendly low-code approach. This empowers quality engineering teams to automate tests for web and mobile applications, as well as APIs, at an unprecedented speed and scale, even without extensive coding expertise.

A User-Centric Approach: Plain English and NLP

Testsigma’s intuitive platform distinguishes itself by enabling users to create, organize, and execute automated tests using plain English. This is achieved through the platform’s powerful Natural Language Processing (NLP) engine, which seamlessly translates natural language instructions into comprehensive test scripts. This eliminates the need for complex coding knowledge, making Testsigma accessible to a wider range of quality assurance professionals.

Trusted by Industry Leaders: A Diverse Client Base

Testsigma’s innovative approach has garnered the trust of a prestigious clientele. The company’s solutions are currently utilized by industry leaders across various sectors, including Sage, Hewlett Packard Enterprise (HPE), Netgear, HDFC Life, Institute of Electrical and Electronics Engineers (IEEE), SignEasy, American Psychological Association, and Mehiläinen. This diverse client base underscores the versatility and effectiveness of Testsigma’s platform.


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