Autify, a Japanese startup developing automation solutions, has raised $10 million in Series A funding to expand its no-code AI-powered software testing automation platform.
Led by World Innovation Lab, the round also included participation from Archetype Ventures, Salesforce Ventures, Tably, Uncorrelated Ventures, and entrepreneur Jonathan Siegel. This brings the total funding raised by the startup since being founded in 2019 to $13 million. Masaya Kubota, Partner at WiL, said about the startup’s alignment with the firm’s vision:
“Even though Autify started in Japan, the vision for their no-code solution is to advance the automation of software testing not only in Japan but also globally. Japanese startups are just beginning to eye the global market and Autify is a flag-bearer of this trend. This is one of the reasons why we are particularly excited about the company. Autify’s great global-minded vision is backed-up with a strong product and a well-thought-out go-to-market approach.”
Autify has developed a web application powered by AI that allows users of all technical levels to easily automate software test scenarios without requiring coding knowledge. The platform has already been adopted by a large number of B2C/B2B SaaS companies and organizations all around the world including Unity, DeNA, ZOZO, etc.
The new funding will boost Autify’s efforts to advance its global expansion and continue to develop new products, which will include the launch of Autify for mobile devices. Ryo Chikazawa, Co-Founder and CEO of Autify, referred to the startup’s potential to disrupt the market by stating:
“With 75% of companies globally still manually performing software development tests, Autify is hoping to disrupt the $1.3 trillion global testing market by providing a no-code application for automated testing. Autify’s three-pronged approach to automation of testing – no-code, AI-powered, and customer success – helps address the challenges that were plaguing the testing market for far too long, such as labor shortage, high maintenance cost, and technical difficulty. The best part of all this is that Autify manages to address these issues without having to sacrifice product quality at any stage of the development.”
Automation testing has historically required the knowledge of scripting language or complex software to make up for the costs of manual testing. However, these solutions result in higher costs and slower development cycles. By facilitating the software test automation process, Autify is looking to maximize test frequency, coverage, and cost-effectiveness, allowing development teams to focus on other areas.