# Launchable

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

- Industry: Software
- Headquarters: San Jose, US
- Website: www.launchableinc.com
- Total disclosed funding: $13M
- Latest round: Series A (Jul 27, 2021)
- Investors on record: 4

## About

Launchable, Inc., based in the US, delivers an innovative AI-driven solution that optimizes test suite intelligence, enhancing software development efficiency and quality assurance processes for engineering teams.Founded in 2019, Launchable, Inc. operates from its headquarters in San Jose, US. The company specializes in AI solutions to improve software testing processes. The founders, Harpreet Singh and Satoshi Asano, established the firm to meet the growing demands of software quality assurance. In August 2024, Launchable was acquired by Cloudbees, Inc. from investors including Battery Ventures and 645 Ventures for undisclosed financial terms. The company has successfully completed a Series A funding round, raising a total of USD 9.50 mn, with 645 Ventures as the lead investor.Launchable, Inc. specializes in providing an AI-powered solution designed to enhance test suite intelligence and optimization, primarily targeting the software development and quality assurance sectors. Their core product offerings focus on streamlining the testing process, reducing test run times, and improving test triaging by leveraging machine learning algorithms. The company’s flagship product aids engineering teams in identifying the most relevant tests to run based on recent code changes, thereby minimizing unnecessary test executions, which can often consume valuable developer time and resources. This solution is utilized by elite engineering teams across various industries, including automotive, financial services, and mobile development, with clients that prioritize software quality and testing efficiency. Launchable’s products are available in key geographical markets including North America, Europe, and parts of Asia, addressing the needs of developers and Quality Assurance (QA) teams striving for faster and more reliable software delivery.Launchable operates on a subscription-based revenue model, providing clients with several pricing plans tailored to their specific needs and usage levels. The company's transactions typically involve partnerships with software development firms and QA teams, focusing on B2B engagements. Clients may subscribe to access Launchable's intelligent test failure diagnostics, predictive test selection, and test failure notifications services, which are integral to optimizing their development workflows. This transactional framework supports the ongoing development and enhancement of Launchable’s AI solutions, ensuring that customers receive continuous improvements and updates as part of their subscription.The recent acquisition by Cloudbees, Inc. in August 2024 aims to leverage Launchable’s AI Co-Pilot to streamline development and testing interactions, significantly reducing shipping times. The integration will enable Launchable to enhance its product offerings further, with a focus on expanding into new markets and regions, particularly targeting increased presence in Europe and Asia by 2025. The funding raised in the Series A round will be utilized to support these initiatives and accelerate product development.

## Funding rounds

- Series A, Jul 27, 2021, $9.5M — Battery Ventures, 645 Ventures, Unusual Ventures, GoingVC
- Seed, Oct 25, 2019, $3.2M — Battery Ventures, Unusual Ventures

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Seed, Series A
- Unusual Ventures (https://capitalatlas.ai/funds/unusual-ventures) — Seed, Series A
- 645 Ventures (https://capitalatlas.ai/funds/645-ventures) — Series A
- GoingVC (https://capitalatlas.ai/funds/goingvc) — Series A
