Funding

German-based Octomind Secures $4.8 Million in Seed Funding

Apr 23, 2024 | By Startup Rise EU

Karlsruhe-based Octomind secures $4.8 million in Funding in seed capital. This funding round, led by the visionaries at Cherry Ventures and supported by a stellar lineup of angels like Sean Mullaney from Algolia, Charlie Songhurst, and Lutz Finger, is a huge vote of confidence in our mission to reshape end-to-end testing for the better.

Karlsruhe-based Octomind secures $4.8 million in Funding in seed capital. This funding round, led by the visionaries at Cherry Ventures and supported by a stellar lineup of angels like Sean Mullaney from Algolia, Charlie Songhurst, and Lutz Finger, is a huge vote of confidence in our mission to reshape end-to-end testing for the better.

In a world where AI is becoming increasingly central to web development, boosting productivity but also, frankly, sometimes dropping the ball on code quality, the need for tools like ours has never been more critical.

It's become clear that while AI can turbocharge the coding process, ensuring the quality of the output is another challenge altogether. And that's precisely where Octomind steps in.

Their founders, Marc Mengler and Daniel Rödler, brought Octomind to life out of a shared frustration with the status quo in software testing. They've spent years in the trenches, building large applications that need to run without breaking, and saw firsthand the drag inefficient testing can have on innovation and development speed.

Read also - Poland-based bValue Secures €90Million in Funding

This fresh injection of capital will be pivotal in enhancing their AI's ability to understand and navigate web applications, identifying and testing critical user flows with precision. They were not just talking about slapping together some code; they were about creating a seamless, bug-free user experience that stands the test of real-world application.

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Jasper Masemann, partner at Cherry Ventures said, "Octomind addresses one of the world’s largest ($38B) and least automated markets that can be augmented by AI. Today, software testing is the single most hated task for developers. Yet, more and more CTOs expect devs to do the testing themselves, which grows the total market to $184B worldwide. Thanks to their impressive experience and well-advanced AI agent product, I believe Octomind will make developers love software testing soon,”.

This funding is a big step forward in our journey, but they are just getting started. They are excited to deepen their product's capabilities and, most importantly, continue working closely with their community to refine and enhance their solution. After all, it's your insights and feedback that help them make Octomind the best it can be.

About Octomind

Octomind is a German startup that provides web app testing tools driven by AI that identify vulnerabilities before consumers do. All they require is the URL of your website. Their AI agent creates and maintains the tests, knows what to test, and keeps them up to date. Use their app to run the tests, or add them to your CI/CD workflow.

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