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DevAssure - About the company

DevAssure is a seed company based in Chennai (India), founded in 2024 by Divya Manohar. It operates as a Developer of autonomous software testing agents for code change validation. DevAssure has raised $228K in funding from Eximius Ventures, with a current valuation of $*****. The company has 360 active competitors, including 48 funded and 19 that have exited. Its top competitors include companies like Sauce Labs, Tricentis and BrowserStack.

Company Details

Developer of autonomous software testing agents for code change validation. This technology analyzes code modifications to identify affected user journeys and automatically generates relevant test scenarios. It integrates into development workflows to execute validation checks without requiring manual script creation or maintenance. The system adapts to interface changes in real time to ensure consistent test execution during the software development lifecycle.
Social
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Email ID
*****@devassure.io
Phone Number
+91 **********
Registered Address
17/2 & 3, 48TH Street, Ashoknagar (Chennai), Chennai, Chennai City Corporation, Tamil Nadu, India, 600083
Key Metrics
Founded Year
2024
Location
Chennai, India
Stage
Seed
Total Funding
$228K in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 03, 2024
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
8 as on Apr 30, 2026
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DevAssure's funding and investors

DevAssure has raised a total funding of $228K over 2 rounds. Its first funding round was on May 30, 2024. Its latest funding round was a Seed round on Apr 22, 2025 for $*****. 1 investor participated in its latest round. DevAssure has 2 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of DevAssure:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 22, 2025
5880655
Seed
8703174
1615297
6557811
2217876
May 30, 2024
3227519
Seed
3625567
1996862
6689462
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DevAssure's founders and board of directors

Founder? Claim Profile
The founders of DevAssure is Divya Manohar. Divya Manohar is the CEO of DevAssure.
Here are the details of DevAssure's key team members:

DevAssure's Board of Directors

DevAssure's board has 3 active members. Badri Varadarajan, Divya Manohar and Santhosh Selladurai are part of team.
Here is the list of DevAssure's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
2y 1m
Team
-
Current
2y 1m
Team
-
Current
2y 1m

DevAssure's employee count trend

DevAssure has 8 employees as of Apr 26. Here is DevAssure's employee count trend over the years:
Employee count trend for DevAssure
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DevAssure's Competitors and alternates

Top competitors of DevAssure include Sauce Labs, Tricentis and BrowserStack. Here is the list of Top 10 competitors of DevAssure, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sauce Labs
Sauce Labs
2008, San Francisco (United States), Series G
Cloud based cross browser testing solutions provider
$228M
77/100
2nd
Logo for Tricentis
Tricentis
2007, Austin (United States), Series B
AI powered software testing suite
$1.5B
75/100
3rd
Logo for BrowserStack
BrowserStack
2011, Mumbai (India), Series B
Provider of web and mobile application testing and management platform
$253M
70/100
4th
Logo for Headspin
Headspin
2014, Palo Alto (United States), Series C
Provider of automated and manual testing platform for mobile and web
$117M
68/100
5th
Logo for Virtuoso
Virtuoso
2016, London (United Kingdom), Series A
Automated testing solutions for web applications
$17.8M
59/100
6th
Logo for SmartBear
SmartBear
2003, Beverly (United States), Acquired
Cloud based software testing platform
-
59/100
7th
Logo for Testsigma
Testsigma
2019, San Francisco (United States), Series A
Provider of open-source and cloud-based test automation platform
$12.8M
57/100
8th
Logo for Leapwork
Leapwork
2015, Copenhagen (Denmark), Series B
Platform for automated testing and robotic process automation
$79.6M
56/100
9th
Logo for Testim
Testim
2014, San Francisco (United States), Acquired
Web test automation solutions provider
$23.6M
55/100
10th
Logo for Cypress
Cypress
2014, Atlanta (United States), Series B
Cloud-based unit and integration testing solutions provider
$54.8M
55/100
17th
Logo for DevAssure
DevAssure
2024, Chennai (India), Seed
Developer of autonomous software testing agents for code change validation
$228K
37/100
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DevAssure's Latest cap tables and shareholding

Founders (largest shareholder) own 77.52%, Enterprises own 3.02%, Angels own 10.86% and ESOP Pool own 8.61%. The net worth of DevAssure's founders is INR 10.7Cr as of Dec 03, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
77.52%
10.7Cr
8763110
4787684
4015902
6501344
1283629
9188573
2143719
7961273
2822914
5285138
Enterprise
3.02%
41.5L
789
822
196
888
Angel
10.86%
1.5Cr
1098660
4539803
3703833
9594773
1755332
7977489
7017716
3196767
8138314
6723841
ESOP Pool
8.61%
1.19Cr
9838779
4370590
5969428
8496525
Total
100.00%
13.8Cr
5949520
5812072
2605245
2553046
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of DevAssure's Shareholding

DevAssure's Investments and acquisitions

DevAssure has made no investments or acquisitions yet.

Reports related to DevAssure

Here is the latest report on DevAssure's sector:

News related to DevAssure

Media has covered DevAssure for 1 event in last 1 year.
DevAssure Feature HighlightsDevAssureNov 05, 2024DevAssure
Introducing DevAssureDevAssureAug 13, 2024DevAssure
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