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 704 active competitors, including 64 funded and 11 that have exited. Its top competitors include companies like TestMu AI, Opkey and mabl.
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
10th among 704 active competitors
Employee Count
139 as on Sep 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 | ₹10 - ₹50 Cr (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
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 19, 2025 | 2927159 | Series B | 4983520 | 7279548 | 2317836 | 5413839 |
Jul 27, 2021 | 3918126 | Series A | 1682069 | 7064975 | 7734442 | 4358531 |
Mar 05, 2019 | 1424356 | Series A | 2745887 | 3771640 |
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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 | 10y 1m | |
icblveq | Independent board member | - | Current | 4y 4m |
View details of Functionize's Founder profiles and Board Members
Functionize's employee count trend
Functionize has 139 employees as of Sep 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 TestMu AI, Opkey and mabl. 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 | TestMu AI 2018, San Francisco (United States), Series D | AI-native quality engineering and software testing platform | $108M | 67/100 | |
2nd | Opkey 2015, Dublin (United States), Series B | Provider of AI-powered test automation platform for enterprise resource planning | $58.2M | 64/100 | |
3rd | mabl 2016, Boston (United States), Series C | AI-native test automation platform empowering software teams to deliver quality experiences | $76.1M | 60/100 | |
4th |  Evinced 2011, Los Altos (United States), Series C | Developer of AI-powered tools for website and mobile app accessibility | $112M | 63/100 | |
5th |  Adaptive ML 2023, New York City (United States), Acquired | Cloud-based platform for building and testing large language models | $20M | 61/100 | |
6th |  Antithesis 2018, Vienna (United States), Series A | Provider of autonomous software testing platform for bug detection and reproduction | $182M | 61/100 | |
7th |  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 | 59/100 | |
8th | SplxAI 2023, United States, Acquired | Provider of AI powered pentesting solutions | $8.99M | 57/100 | |
9th | Appvance 2012, Santa Clara (United States), Series C | Platform offering AI based automated testing software | $24.2M | 57/100 | |
10th | Functionize 2014, San Francisco (United States), Series B | Cloud based platform offering software for automated testing | $67M | 56/100 |
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Functionize's Investments and acquisitions
Functionize has made no investments or acquisitions yet.
Reports related to Functionize
Here is the latest report on Functionize's sector:
News related to Functionize
Filter this listMedia has covered Functionize for 1 event in last 1 year.
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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 Releases a Series of Guides to Help QA Teams Navigate The Different Types of Automated TestingGlobeNewswire•Aug 29, 2022•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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IGT announces its strategic partnership with Functionize Inc. to build AI/ML and NLP enabled automated solution to accelerate TestingIGT Solutions•Nov 20, 2019•IGT Solutions, Functionize
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