# CTO.ai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cto-ai

- Industry: Software
- Headquarters: Vancouver, Canada
- Website: www.cto.ai
- Total disclosed funding: $7.5M
- Latest round: Seed (Nov 4, 2019)
- Investors on record: 5

## About

CTO.ai is a DevOps as a Service platform that streamlines the software development lifecycle, enabling teams to improve deployment processes and operational efficiency with innovative workflow automation tools.CTO.ai provides a comprehensive DevOps platform designed to enhance software development workflows. Founded by André Fernandes and Kyle Campbell, the company is headquartered in Vancouver, Canada. In November 2019, CTO.ai raised USD 7.5 mn in Seed funding co-led by Slack Fund and Tiger Global Management, alongside other investors, totaling USD 7.5 mn raised to date.CTO.ai specializes in delivering a comprehensive DevOps as a Service platform that provides an end-to-end workflow for software development teams, enabling seamless deployment to any cloud environment. The primary focus is on simplifying the software development lifecycle (SDLC) through features such as container workflows, ChatOps, GitOps, Instant PR Previews, and AI Code Review. This platform allows teams to measure their development processes using DORA metrics, which provide insights into deployment frequency, lead time for changes, mean time to restore, and change failure rates. The company's services are designed for a diverse clientele, including software development teams in various industries looking to enhance their operational efficiency and agility in cloud delivery.CTO.ai's revenue model is primarily based on subscription services tailored for B2B clients, encompassing a range of DevOps solutions that enhance workflow automation and efficiency. The company offers different pricing tiers based on the complexity and scale of the services utilized, such as personalized support for developer operations and access to their platform's features, which include automated versioning and event-driven workflow capabilities. Customers engage with the firm's platform through structured transactions that often involve annual or monthly subscriptions, allowing businesses to integrate CTO.ai’s tools into their existing processes. The company’s revenue-generating capabilities are closely aligned with its flagship offerings, which include their core platform for DevOps management and workflow automation tools designed to facilitate better collaboration among development teams.CTO.ai plans to leverage its recent Seed funding of USD 7.5 mn raised in November 2019 to accelerate product development and expand into new markets. The company aims to launch enhanced features targeting automation and user experience improvements by the end of 2023. Additionally, CTO.ai seeks to penetrate European markets more deeply while exploring opportunities in Asia, aiming to establish a presence there by mid-2024.

## Funding rounds

- Seed, Nov 4, 2019, $7.5M — Yaletown Partners, Tiger Global Management, Pallasite Ventures, Slack Fund, Panache Ventures

## Investors

- Yaletown Partners (https://capitalatlas.ai/funds/yaletown-partners) — Seed
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Seed
- Pallasite Ventures (https://capitalatlas.ai/funds/pallasite-ventures) — Seed
- Slack Fund (https://capitalatlas.ai/funds/slack-fund) — Seed
- Panache Ventures (https://capitalatlas.ai/funds/panache-ventures) — Seed