Company Name: Qualiti.ai
Location: Lehi, UT
Nature of Business: Software test automation solution
Funding Raised: $6.5M in Seed round
Lead and Participating Investors:
- Sierra Ventures (lead)
- Epic Ventures
Purpose for Funds: To bolster sales initiatives and expand the engineering team.
Nature of Product/Service: Qualiti.ai stands out with its innovative AI-driven approach to software testing. It offers a unique value proposition of enabling comprehensive software testing without the need for human intervention. The platform writes automated tests of high caliber to ensure all software applications are rigorously vetted. The advanced AI not only authors and oversees new tests but also manages ongoing test maintenance.
Qualiti's AI system autonomously handles real-time triaging of test results, reporting any discrepancies, and ensuring bug detection – all without human supervision. Such robust capabilities have positioned Qualiti.ai as a solution capable of offsetting up to 30% of a company's engineering budget, owing to reduced human intervention and oversight.
Company Leadership: The company was spearheaded by Peter West, taking on the role of CEO, and Jeff Handy, serving as the COO. Both are esteemed industry veterans with significant expertise.
Qualiti.ai, is reshaping the software testing landscape by introducing a hands-off, AI-centric approach. The significant investment led by Sierra Ventures underscores the potential and promise of Qualiti.ai's solution. With software becoming integral to virtually all sectors, the need for rigorous and efficient testing is paramount. Qualiti.ai, backed by its recent funding, is poised to cater to this burgeoning demand, ensuring software products are of the highest quality while also delivering considerable cost savings to businesses.