Total amount raised
$57.5 Millions
Latest funding date
July, 2024
Location
QA Wolf has successfully raised $36 million in a Series B funding round to enhance its app QA-testing suite and simplify application reliability testing. The company has also introduced a waitlist for Android and iOS test automation.
Keep reading to explore the intricacies of QA Wolf's fundraising journey and the investors backing this innovative platform.
What Is QA Wolf?
QA Wolf, founded in 2019, is based in Seattle, Washington. The company specializes in quality assurance services, helping engineering teams achieve 80% automated test coverage in under four months.
Founded by Jon Perl, Laura Cressman, and Scott Wilson, QA Wolf automates end-to-end test coverage for web applications, including third-party integrations and APIs. They offer services like unlimited parallel test runs and a zero flakes guarantee.
With a team of 11-50 employees, QA Wolf aims to simplify application reliability testing, ensuring comprehensive test coverage and reliable results for their clients.
How Much Funding Has QA Wolf Raised?
- Series B
- Amount Raised: $36 million
- Date: July 2024
- Lead Investors: Scale Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand into native mobile testing for Android and iOS and improve existing infrastructure.
- Venture Round
- Amount Raised: $20.1 million
- Date: September 2022
- Lead Investors: Inspired Capital Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance the company's QA-testing suite and support growth initiatives.
QA Wolf has raised a total of $56.1 million in funding. The current valuation is not publicly disclosed.
Key Investors
- Scale Venture Partners
- Details: Scale Venture Partners is a venture capital firm that invests in early-stage technology companies. They have a strong track record of supporting startups through their growth phases.
- Investment Focus Areas: Technology, SaaS, Cloud Computing
- Notable Investments: Box, DocuSign, HubSpot
- Threshold Ventures
- Details: Threshold Ventures focuses on early-stage investments in technology companies. They aim to partner with entrepreneurs to build innovative and impactful businesses.
- Investment Focus Areas: Technology, Consumer Internet, Enterprise Software
- Notable Investments: Airbnb, Uber, Twitter
- Ventureforgood
- Details: Ventureforgood is a venture capital firm that invests in companies with a social impact. They prioritize businesses that aim to create positive change in society.
- Investment Focus Areas: Social Impact, Sustainability, Health
- Notable Investments: Specific notable investments are not mentioned.
- Inspired Capital
- Details: Inspired Capital is known for investing in early-stage technology companies. They focus on supporting visionary founders and innovative startups.
- Investment Focus Areas: Technology, Fintech, Consumer
- Notable Investments: Chief, Finix, Orum
- Notation Capital
- Details: Notation Capital is a venture capital firm that focuses on early-stage technology startups. They aim to provide the necessary resources and support for startups to succeed.
- Investment Focus Areas: Technology, Blockchain, Fintech
- Notable Investments: Anchor, Chainalysis, CoverWallet
What's Next for QA Wolf?
QA Wolf is poised to seize significant opportunities by expanding into native mobile testing for Android and iOS. This move addresses a growing market need as software systems become increasingly complex. Leveraging AI to enhance test automation, QA Wolf aims to offer 100% parallelized regression tests, promising substantial cost savings and efficiency improvements for their clients.
With the successful Series B round, future fundraising seems likely as QA Wolf continues to innovate and expand its services. However, the company will need to navigate challenges such as competition from other QA tools and maintaining a robust testing infrastructure for both web and mobile applications. Ensuring comprehensive test coverage without slowing down development cycles will be crucial for their sustained growth.
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