Functionize - About the company
Functionize is a series B company based in San Francisco (United States), founded in 2014 by Tamas Cser. It operates as a Cloud based platform offering software for automated testing. Functionize has raised $67M in funding from investors like Wipro, Canvas Ventures and Mumford Investments. The company has 161 active competitors, including 35 funded and 6 that have exited. Its top competitors include companies like mabl, Opkey and Evinced.
Company Details
Cloud based platform offering software for automated testing. The platform allows web users to record and run functionality test cases by just pointing and clicking. Users can schedule and run tests on different browsers. Members can capture mobile website workflows in a browser environment and run tests on the cloud to ensure that the site runs properly on the web and mobile. Provides a dashboard to measure and check the load and performance of the website. Provides integration for GitHub, circle ci, Heroku, Jenkins and Jira.
- Website
- www.functionize.com/
- Registered Address
- D-1(GF), Shop # 5 Adjacent Sapna Motors, Amar Colony Lajpat Nagar IV, South Delhi, New Delhi, Delhi, India, 110024
Key Metrics
Founded Year
2014
Location
San Francisco, United States
Stage
Series B
Total Funding
$67M in 5 rounds
Latest Funding Round
Ranked
8th among 161 active competitors
Employee Count
150 as on Apr 30, 2026
Legal entities associated with Functionize
Functionize is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Functionize, Inc. CIN: 20181855141 , United States, Deadpooled | Oct 29, 2018 | - | - | - |
FUNCTIONIZE SOFTWARE PRIVATE LIMITED CIN: U74999DL2017PTC315107 , India, Active | Mar 27, 2017 | $1.28M (As on Mar 31, 2025) | 79 (As on Aug 31, 2025) |
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Functionize's funding and investors
Functionize has raised a total funding of $67M over 5 rounds. Its first funding round was on Aug 22, 2016. Its latest funding round was a Series B round on Aug 19, 2025 for $*****. 2 investors participated in its latest round. Functionize has 6 institutional investors.
Here is the list of recent funding rounds of Functionize:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 19, 2025 | 3243662 | Series B | 4072410 | 6303218 | 6531217 | 4038729 |
Jul 27, 2021 | 9185095 | Series A | 4763380 | 7813502 | 7137010 | 3051361 |
Mar 05, 2019 | 9370573 | Series A | 2381732 | 7402756 |
View details of Functionize's funding rounds and investors
Functionize's founders and board of directors
Founder? Claim ProfileThe founders of Functionize is Tamas Cser. Tamas Cser is the CEO of Functionize.
Here are the details of Functionize's key team members:
- Tamas Cser: Founder & CEO of Functionize and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
Functionize's Board of Directors
Functionize's board has 2 active members. Tamas Cser and Ray Grieselhuber are independent board members.Here is the list of Functionize's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 9y 8m | |
xhxpucd | Independent board member | - | Current | 5y 7m |
View details of Functionize's Founder profiles and Board Members
Functionize's employee count trend
Functionize has 150 employees as of Apr 26. Here is Functionize's employee count trend over the years:
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Functionize's Competitors and alternates
Top competitors of Functionize include mabl, Opkey and Evinced. Here is the list of Top 10 competitors of Functionize, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | mabl 2016, Boston (United States), Series C | AI-native test automation platform empowering software teams to deliver quality experiences | $76.1M | 63/100 | |
2nd | Opkey 2015, Dublin (United States), Series B | Provider of AI-powered test automation platform for enterprise resource planning | $58.2M | 62/100 | |
3rd | Evinced 2011, Los Altos (United States), Series C | Developer of AI-powered tools for website and mobile app accessibility | $112M | 62/100 | |
4th | Diffblue 2016, Oxford (United Kingdom), Series A | Developer of AI-powered autonomous unit testing tools for Java applications | $46M | 61/100 | |
5th | TestSprite 2023, Seattle (United States), Seed | AI-powered autonomous software testing platform for validating logic and functionality in code written by artificial intelligence tools | $9.66M | 60/100 | |
6th | Momentic 2023, San Francisco (United States), Series A | AI-powered platform for end-to-end testing of web applications using natural language | $22.8M | 60/100 | |
7th | Antithesis 2018, Vienna (United States), Series A | Provider of autonomous software testing platform for bug detection and reproduction | $182M | 58/100 | |
8th | Functionize 2014, San Francisco (United States), Series B | Cloud based platform offering software for automated testing | $67M | 58/100 | |
9th | Appvance.ai 2013, Santa Clara (United States), Series C | Platform offering AI based automated testing software | $24.2M | 57/100 | |
10th | TestMu AI 2018, San Francisco (United States), Series D | Provider of AI-powered cloud platform for software testing and quality engineering | $108M | 54/100 |
Looking for more details on Functionize's competitors? Click here to see the top ones
Functionize's Investments and acquisitions
Functionize has made no investments or acquisitions yet.
News related to Functionize
Media has covered Functionize for a total of 3 events in the last 1 year, 1 of them has been about company updates.
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Functionize Recognized in Autonomous Testing Platforms Wave Report by ForresterPR Newswire•Dec 16, 2025•Functionize
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Functionize secures $41M to accelerate AI-driven software testingSiliconAngle•Aug 19, 2025•Lee Hecht Harrison, Wipro, Canva, Functionize and 1 other
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Functionize Recognized in the Autonomous Testing Platforms Landscape ReportPR Newswire•Jul 28, 2025•Functionize
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Functionize Announces Launch of Agentic Platform 6.0 and Webinar on October 29th, 2024PR Newswire•Oct 23, 2024•Functionize
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Functionize Receives Strategic Investment From Wipro VenturesFinSMEs•Jul 28, 2021•Functionize, Wipro
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Functionize Solidifies Growth Trajectory with New CEO and Key Strategic InvestorAiThority•Jul 28, 2021•Functionize
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Functionize Recognized as a Gartner Cool Vendor in the May 2020 Cool Vendors in Agile and DevOpsBusiness Wire•Jun 24, 2020•Functionize
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Functionize Releases Architect - New Intelligent Automation UtilityDEVOPSdigest•Apr 14, 2020•Functionize
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