Appvance

SoftwareSeries CSanta Clara, USappvance.ai

Latest round

Series C

Last raised

Jan 2022

Total raised

$21M

Investors

9

About Appvance

Appvance, Inc., headquartered in Santa Clara, US, delivers advanced software testing tools. Frank Cohen is the founder, and Andre Liao serves as CEO.Appvance provides a suite of AI-driven autonomous software testing tools, primarily through its flagship product, AIQ. This platform offers nearly 100% application coverage with capabilities including AI script generation, allowing for automated test creation across web, mobile, and API applications.The company's revenue model is subscription-based, allowing clients access to the AIQ platform and associated services. Appvance partners with businesses to improve their software quality assurance processes, offering pricing plans tailored to various testing needs, including both AI script generation and codeless test creation. Specific regions for growth include further penetration into European markets and parts of Asia by the end of 2024. The company is also seeking to develop upcoming products that meet evolving testing demands in software development, supported by new investments from 408 Ventures.

Who invested in Appvance

9 investors across 4 rounds

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Funding rounds

  1. Series C

    Jan 18, 2022

    Amount

    $13M

    Investors

    Locked

  2. Series A

    Feb 12, 2016

    Amount

    $4.9M

    Investors

    Locked

  3. Series A

    Mar 15, 2014

    Amount

    $2.5M

    Investors

    Locked

  4. Seed

    Apr 18, 2013

    Amount

    $0.4M

    Investors

    Locked

Questions about Appvance

Who invested in Appvance?

Appvance has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Appvance raised?

Appvance has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Appvance last raise money?

Appvance's most recent round on record is a Series C, in Jan 2022.

What does Appvance do?

Appvance is a software company.

Where is Appvance headquartered?

Appvance is headquartered in Santa Clara, US.

Which VCs invest in companies like Appvance?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Appvance's stage. Their profiles are linked below.

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