Virtuoso secures £9.7m Series A investment led by Paladin Capital to expand its software testing platform
Paladin Capital led the Series A round with backing from Mubadala Capital and existing investors.
Virtuoso provides a codeless test automation platform powered by artificial intelligence and machine learning. The SaaS tool helps software teams identify bugs and errors efficiently.
Virtuoso has secured £9.7m in Series A funding to develop its testing automation technology and expand its commercial footprint. Paladin Capital led the round, with participation from Mubadala Capital alongside existing backers Crane Venture Partners, Forward Partners and Downing Ventures.
The London based company provides a SaaS platform that uses machine learning and robotic process automation to simplify software testing. The fresh capital will support the company as it builds out its sales team and grows its presence in the United States.
The investment arrives as businesses face mounting pressure to accelerate software releases while managing quality assurance costs. Virtuoso aims to address these challenges through its natural language processing engine, which allows both technical and non technical users to author automated tests.
From the founder
"The way software testing is currently being done is not fit for purpose"
Adil Mohammed
Founder and CEO at Virtuoso
Investor perspective
"In the fragmented Software Testing Automation market, Virtuoso is way ahead of the curve in terms of versatility, the tech stack, and its ease of use."
Ken Pentimonti
Principal and European Manager, Paladin Capital
Use of funds
- 01Invest in sales and marketing
- 02Expand into international markets
- 03Continue product development
Investors
Ken Pentimonti
Paladin Capital
Mubadala Capital
Crane Venture Partners
Forward Partners
Downing Ventures