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Tamas Cser

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How Functionize Reached About 36 Customers and $16M Raised with an AI-Powered Testing Platform (Interview with Tamas Cser)

Tamas Cser (Co-Founder and CEO of Functionize) spoke to Nathan Latka.

Functionize figures from the interview

Total Funding Raised
$16M
Customers (2019)
About 36
Starting Price (2019)
About $5,000 per month
Team Size (US) (2019)
About 35
Engineers (2019)
22
“This is really the next generation automation platform if you think about Rainforest or Sauce Labs. It's traditionally either still really manual or very, very script heavy. And what we're trying to do here is really take big data on computer vision and natural language processing and make testing truly the next generation AI/ML driven, very, very low human touch required approach.”
“Zenefits, for example, is a customer that we took. They were customer of Rainforest and moved over to Functionize and have been successful ever since, and and we're excited to have them as a customer.”
“Cash flow positive company, successful previous company that that enabled me to dabble and take the company and bootstrap it to quite far. And then we... Once we had a working product and we saw early beta customers, you know, we charge always charge something. So we're charging, I think, $500 per customer early on. Then then we were able to raise friends and family round, and then from there, things kind of took off organically.”

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Bio

Since 2015, Functionize has been delivering the first AI-powered autonomous cloud-based testing platform to automate the painstaking process of testing web applications. Functionize seamlessly integrates with popular CI/CD tools, boosting software quality throughout development and production. To learn more about ALP™, AEA™, and autonomous testing, visit Functionize.com.

Company

Functionize

San Francisco, United States · Founded 2015

Revenue
$17.3M
Funding
$57M
Team size
95
Customers
36

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Also at Functionize