Funding led by Scale Venture Partners will
accelerate native mobile testing and AI enhancements.
SEATTLE, July 23,
2024 /PRNewswire/ -- Today QA Wolf, the company
that guarantees 80%+ end-to-end automated test coverage for web
apps, is announcing a US$36 million
Series B financing round to accelerate its expansion into native
mobile testing, which is set to launch later this year and is now
open for waitlist. The investment is led by Scale Venture
Partners with participation from Threshold Ventures and
Ventureforgood, and existing investors Inspired Capital and
Notation Capital.
Two-thirds of enterprise software companies test less than
50% of their workflows before releasing new features to their
customers. Gaps in test coverage that let out critical bugs, slow
releases, and impede developer productivity are caused by
misaligned incentives within teams to develop and ship features
quickly, while running and maintaining an ever-expanding test
suite. Despite spending $68 billion
annually on QA tools and labor, comprehensive coverage is an
unattainable goal for most teams. QA Wolf is the first and only
solution to fully address this by aligning incentives, selling
complete coverage instead of licenses or labor hours, and achieving
80%+ coverage for applications.
"The same misaligned incentives that inhibit browser-app testing
appear in the development of native mobile apps, but they're
compounded by even more complex testing infrastructure," said
Jon Perl, CEO of QA Wolf. "With this
new round of funding, we'll make improvements to our existing
infrastructure and be the only solution offering 100% parallelized
regression tests for Android and iOS. The same 'human-in-the-loop
AI' that enables 15-minute QA cycles for web apps will soon support
our customer's entire product stack."
The fragmented market of scripting tools for non-technical
users, AI-powered test maintenance, and pay-per-test run
infrastructure forces engineering teams to bundle together in-house
and third-party systems to address individual challenges of test
automation. In contrast, QA Wolf is a vertically integrated "test
coverage factory," providing test creation, parallel run
infrastructure, and 24-hour test maintenance to deliver
comprehensive test coverage in a single service.
"QA Wolf represents the biggest leap forward for QA in decades,"
said Eric Anderson, Partner at Scale
Venture Partners. "The overwhelming interest the team is already
seeing from the market validates an expansion into native mobile
testing and we're looking forward to partnering with them on their
next phase of growth."
"QA Wolf is seizing the huge opportunity in the growing QA
market as software systems become more complex and the need for
efficient testing and quality assurance dramatically increases,"
said Megan Kelly, Partner at
Threshold Ventures. "The clear, demonstrable results they deliver
for customers sets them apart from the rest of the pack. We're
thrilled to partner with QA Wolf for this journey."
The QA Wolf platform and 24-hour team are catching 10,000 bugs
and saving customers over $100 million
dollars every year, delivering 5–10 times more test coverage
per dollar spent than traditional in-house or outsourced teams,
which reduces the average engineering team's QA expenses from 25%
of a team's budget to less than 5%.
- AutoTrader VP of Engineering: "For the first year we invested
in QA Wolf, it cost us one engineer but we had a suite of tests
that 10+ people would have built."
- Drata Senior Manager of QA: "In one year's time, we're running
400 test cases on every deployment. Just the platform and
infrastructure alone would have taken us more than a year."
- Salesloft QA Program Manager: "Working with [QA Wolf] is going
to be the new thing that everybody does, because if you don't get
to market in time, then someone else is going to get there
first."
To sign up for a demo go to www.qawolf.com. For those interested
in joining our mission to eliminate every software bug in the
world, go to wellfound.com/company/qawolf/jobs for open roles.
About QA Wolf
QA Wolf is revolutionizing software
quality assurance with results-based end-to-end test automation. By
aligning incentives with customer success and leveraging
cutting-edge AI, QA Wolf delivers unprecedented levels of test
coverage and accelerates software development cycles. For more
information go to www.qawolf.com.
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SOURCE QA Wolf