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TestSprite Announces $1.5 Million Pre-Seed Funding to Lead the Next Wave of Testing for GenAI-Developed Software

TestSprite Announces $1.5 Million Pre-Seed Funding to Lead the Next Wave of Testing for GenAI-Developed Software

November 25, 2024 Craig Etkin

SEATTLE, Nov. 14, 2024 /PRNewswire/ — TestSprite, pioneering AI-powered autonomous software testing, today announced the close of a $1.5 million pre-seed round, bringing the total funding amount raised to $1.7 million. Investors included Techstars, Jinqiu Capital, MiraclePlus, Hat-trick Capital, EdgeCase Capital Partners, and angel investor Rafael Barroso. Additional investment came from the founding team. Funds will accelerate product development, expand the team, and scale operations to meet growing demand.

Funding comes on the heels of TestSprite introducing an early access beta program for its forthcoming end-to-end QA tool, which fully automates testing across back-end and front-end systems. TestSprite’s autonomous testing tool aims to free individual developers and resource-constrained teams from traditional software QA and AI co-pilot testing tools that still require time-consuming steps or manual intervention.

The global automation testing market is expanding rapidly, with Polaris Research projecting the AI coding tools market to reach $27 billion by 2032. And, as AI-generated code becomes increasingly prevalent, developers face growing challenges in testing and validating complex code they didn’t write. Current AI co-pilot tools still produce bugs while leaving critical gaps in testing and debugging. TestSprite’s tool addresses this directly, delivering comprehensive validation without manual inspection, accelerating development cycles 10x faster.

“Automated testing is becoming more crucial as AI-assisted software development rapidly becomes the de-facto way of building software in a market that is pushing for faster, more efficient software delivery from software engineers. We believe the Testsprite team and product is poised to become the leader in this new market shift,” said Andres Barreto, Managing Director at Techstars.

Yunhao Jiao, co-founder and CEO of TestSprite stated, “With this funding, we’re excited to ready our autonomous testing tool. As AI-generated code becomes more complex, our vision is to let AI test AI, allowing developers to focus on innovation while maintaining software quality. We’re grateful for our investors’ support and look forward to scaling to meet market demands.”

Sign Up for Early Access
The company is offering a free community version for developers to test drive its fully autonomous software testing tool. Due to demand, priority access will be given to developers willing to share feedback and help refine TestSprite’s testing tool.

About TestSprite
Based in Seattle, Washington, privately-held TestSprite is pioneering the industry’s first AI-powered software testing agent, especially for those using GenAI coding. Its mission is to simplify software testing for resource-limited dev teams worldwide. TestSprite accelerates end-to-end software dev cycles by eliminating manual testing, delivering speed improvements of up to ten times. The company’s innovative tool leverages advanced AI and machine learning to deliver comprehensive test coverage with minimal developer input, significantly improving confidence in software releases.

Press Contact:
Carmen Hughes
Ignite X
386267@email4pr.com 
650.576.6444

SOURCE TestSprite

Copyright © 2024 Cision US Inc.


Venture Capital
Cision, PRNewswire, Seattle, TestSprite, Venture Capital, Washington

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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