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8 October, 2019
News and research on financial software quality assurance and risk management

SpotQA raises $3.25m in seed funding

20 August 2019
Automated software testing company closes seed funding round

SpotQA, the automated software testing company based in London, has raised $3.25m in seed funding. 

The investment round was led by Crane Venture Partners, a London-based VC firm specialising in data, enterprise and technology companies. Forward Ventures, Downing Ventures and Acequia Capital also participated in the round. 

According to SpotQA, which was founded in 2016 by CEO Adil Mohammed (pictured), the investment will be used to expand the firm internationally, as well as to scale its engineering, sales and marketing. 

Krishna Visvanathan, co-founder and Partner at Crane Venture Partners, said: “Our goal at Crane was to back stellar founding teams, looking to revolutionise large addressable markets with product and technology that at its core, leverages data, automation and machine intelligence – the three pillars of the transformation of the enterprise environment as we see it.”

The investment coincides with the release of Virtuoso, SpotQA’s flagship product. Virtuoso uses machine learning and robotic process automation to carry out functional, UI and compatibility testing, SpotQA said. 

 

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