HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Testsigma Raises $8.2M from MassMutual Ventures

[Funding News] Testsigma Raises $8.2M from MassMutual Ventures

The AI-driven low-code test automation platform Testsigma has raised $8.2 million in funding, with MassMutual Ventures leading the investment together with previous backers BoldCap, Accel, and STRIVE.

Previously, in 2022, Testsigma raised $4.6 million under the direction of Accel, with assistance from BoldCap and STRIVE.

Testsigma is a low-code test automation platform driven by Gen AI that enables quality engineering teams to automate tests quickly and efficiently without the need for coding knowledge.

Read also –  iPiD Raises $5.3M Pre-Series A Funding Round Led by MonkHill, QED, Quona Cap

Testsigma’s NLP (Natural Language Programming) engine, along with plain English, enables users to quickly write, plan, and execute automated tests for web, mobile, and API applications.

Additionally, Testsigma has added new Gen AI features to its platform to increase the effectiveness and output of QA (Quality Assurance) teams. With the use of these tools, members of the quality assurance team can create test cases and scenarios from a variety of sources, including URLs, screenshots, product designs, and Jira, an agile product management platform.

“ Anvesh Ramineni, Managing Partner, MassMutual Ventures, said: Testsigma’s AI-driven, low-code solution enables multiple user profiles, including manual testers and business analysts, to contribute to faster software releases. We are impressed by the rapid adoption of Testsigma’s platform among enterprise QA teams and are excited about the GenAI capabilities they have been building,”

Rukmangada Kandyala, Founder and CEO, Testsigma, said: “We have always been a capital-efficient business. This fundraise will definitely help us invest more in product engineering and will help us accelerate the various projects that we are internally working on, one of them being Generative AI. There are very interesting areas where we are receiving good feedback from early adopters, many of whom are large enterprises,”

About Testsigma

Founded in 2019 by Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya, and Rajesh Reddy, Testsigma is a low-code, test automation platform for end-to-end testing that works out of the box. It’s built to enable Agile teams to collaboratively plan, develop, execute, analyze, debug, and report on their automated testing—for websites, native Android and iOS apps, and APIs.

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