
TESTIFI
Optimizing software delivery processes through DevOps integrations while providing AI-automated quality assurance solutions.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor | €0.0 | round |
N/A | Seed | ||
Total Funding | 000k |
USD | 2020 | 2021 | 2022 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Munich-based Testifi, founded in 2017, provides a software-as-a-service (SaaS) platform for enterprise-level software test automation. The company was established by Daniel Burns, the CEO, and Henning Luther, the Senior Software Architect, out of a shared frustration with the state of the software testing market. Burns has a background in software testing dating back to 2004 and holds multiple degrees, including an MBA in Innovation and Business Creation from the Technical University of Munich. Luther is a full-stack Java developer with two decades of experience and a degree in computer science. The idea for Testifi was sparked in 2011 when a test automation approach proposed by Burns was rejected, convincing him of the market need for his vision. The founders met in 2015 and, after building trust while working on a project together, launched the company.
Testifi operates on a B2B business model, targeting enterprise companies to optimize their software delivery processes through automation and deep integration with their existing DevOps tools. The firm's core offering is CAST (Complete Automated System Test), a test automation solution that enables both technical and non-technical users to collaborate on software testing. This tool integrates with platforms like Jira and Xray to improve efficiency and quality. By standardizing and simplifying the testing process, Testifi aims to make companies more agile and reduce the time from development to production. The company's revenue is generated through this B2B SaaS model. Initially bootstrapped and self-funded, Testifi has since received support from the WERK1 incubator and the BayShield program.
The company has shown significant growth, expanding to 34 employees from 16 different countries by 2021 and serving major clients like BMW, Vodafone, Amazon, and Nokia. A key focus for Testifi is research and development, with two primary product lines: the CAST platform and a new AI-based tool called ForeCAST, which is currently in development. By leveraging artificial intelligence and empowering all team members to contribute to the testing process, Testifi seeks to break down communication barriers between IT and business departments, which it identifies as a core problem in software development. The company also offers seminars, workshops, and coaching to help clients adopt new tools and a more agile mindset.
Keywords: software test automation, enterprise software, SaaS, DevOps, B2B, agile development, quality assurance, test automation framework, continuous delivery, Jira integration, Xray integration, automated system test, CAST, ForeCAST, AI in testing, software delivery optimization, Munich startup, Daniel Burns, Henning Luther, tech-startup, deep tech