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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.
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
Investors
Ranked
Employee Count
150 as on Apr 30, 2026
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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:lockFilter 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
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Functionize's founders and board of directors

Founder? Claim Profile
The founders of Functionize is Tamas Cser. Tamas Cser is the CEO of Functionize.
Here are the details of Functionize's key team members:

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

Functionize's employee count trend

Functionize has 150 employees as of Apr 26. Here is Functionize's employee count trend over the years:
Employee count trend for Functionize
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for mabl
mabl
2016, Boston (United States), Series C
AI-native test automation platform empowering software teams to deliver quality experiences
$76.1M
63/100
2nd
Logo for Opkey
Opkey
2015, Dublin (United States), Series B
Provider of AI-powered test automation platform for enterprise resource planning
$58.2M
62/100
3rd
Logo for Evinced
Evinced
2011, Los Altos (United States), Series C
Developer of AI-powered tools for website and mobile app accessibility
$112M
62/100
4th
Logo for Diffblue
Diffblue
2016, Oxford (United Kingdom), Series A
Developer of AI-powered autonomous unit testing tools for Java applications
$46M
61/100
5th
Logo for TestSprite
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
Logo for Momentic
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
Logo for Antithesis
Antithesis
2018, Vienna (United States), Series A
Provider of autonomous software testing platform for bug detection and reproduction
$182M
58/100
8th
Logo for Functionize
Functionize
2014, San Francisco (United States), Series B
Cloud based platform offering software for automated testing
$67M
58/100
9th
Logo for Appvance.ai
Appvance.ai
2013, Santa Clara (United States), Series C
Platform offering AI based automated testing software
$24.2M
57/100
10th
Logo for TestMu AI
TestMu AI
2018, San Francisco (United States), Series D
Provider of AI-powered cloud platform for software testing and quality engineering
$108M
54/100
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Functionize's Investments and acquisitions

Functionize has made no investments or acquisitions yet.

News related to Functionize

lockFilter this list
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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