Functionize
PrivateLast Round
Series B
Aug 19, 2025
Total Funding Raised
$59.5M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
Functionize is a software development applications company that develops an AI-powered, cloud-based platform for autonomous software testing.
Sector
Enterprise Software
Verticals
DevOps & Containers, Low-Code/No-Code, Quality Management
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Functionize Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Functionize Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Aug 19, 2025 | ||||
| Series A Extension | Jul 27, 2021 | ||||
| Series A | Mar 5, 2019 | ||||
| Seed | Feb 1, 2018 |
Key People
Founding team and executive leadership
Functionize Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Mumford Investments | Series B |
| Canvas Venture Fund | Series B |
| Canvas Ventures | Series B, Series A |
| Wipro Ventures | Series B, Series A, Series A Extension |
Market signals
Structured signals derived from secondary market and firmographic data.
- Dec 16, 2025
Named a Strong Performer in an industry report.
- Sep 29, 2025
Added QEEQ, a travel technology SMB, as a customer.
Functionize Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Functionize's valuation, stock price, and market status.