# SpotQA

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

- Industry: Internet
- Headquarters: London, UK
- Website: www.spotqa.com
- Total disclosed funding: $18M
- Latest round: Series A (Aug 23, 2021)
- Investors on record: 7

## About

SpotQA Ltd specializes in AI-powered test automation, enhancing software testing efficiency through Natural Language Programming (NLP) and Robotic Process Automation (RPA) for enterprises across various industries.Founded in 2016 in London, UK, SpotQA Ltd provides a robust automation solution that enables seamless software testing. The company, co-founded by Adil Mohammed, Andrew Doughty, Erwan Mongon, and Hugo Farinha, has engaged in three funding deals, with the latest being a Series A round in August 2021 where they raised GBP 9.580 mn led by Paladin Capital Group. The total amount raised by the company is GBP 9.580 mn, with a current valuation of GBP 34.874 mn.SpotQA's Virtuoso QA platform offers an AI-driven test automation solution, incorporating Natural Language Programming and Robotic Process Automation to optimize software testing. This platform enables users to create, execute, and manage tests with minimal coding, supporting continuous integration and delivery practices. The primary users are enterprises in sectors such as insurance, finance, and SaaS, across North America, Europe, and Asia-Pacific. Virtuoso QA effectively addresses the time and error challenges of manual testing, providing detailed insights through advanced reporting.SpotQA’s revenue model is based on subscription services that allow clients to access their testing platform with various service tiers. Enterprises typically subscribe to different plans that may include features such as functional UI testing, end-to-end testing, and codeless automation. Though specific pricing for individual services has not been disclosed, the platform is structured to deliver substantial cost efficiencies, potentially decreasing testing expenditures by up to 85%.Following the Series A funding round in August 2021, where SpotQA Ltd raised GBP 9.580 mn led by Paladin Capital Group, the company plans to expand its sales team and increase market share in the USA. The funding will also support further product development, enhancing their offerings to meet growing market demands.

## Funding rounds

- Series A, Aug 23, 2021, $13M — Paladin Capital Group, Forward Partners, Mubadala Capital, Crane Venture Partners, Downing
- Seed, Aug 20, 2019, $3.3M — Forward Ventures, Acequia Capital, Crane Venture Partners, Downing
- Seed, Jan 31, 2018, $1.3M — Crane Venture Partners, Downing

## Investors

- Crane Venture Partners (https://capitalatlas.ai/funds/crane-venture-partners) — Seed, Series A
- Downing (https://capitalatlas.ai/funds/downing) — Seed, Series A
- Forward Ventures (https://capitalatlas.ai/funds/forward-ventures) — Seed
- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Seed
- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Series A
- Forward Partners (https://capitalatlas.ai/funds/forward-partners) — Series A
- Mubadala Capital (https://capitalatlas.ai/funds/mubadala-capital) — Series A