# Steadybit

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

- Industry: Software
- Headquarters: Germany
- Website: www.steadybit.com
- Total disclosed funding: $14M
- Latest round: Series A (Jan 15, 2024)
- Investors on record: 7

## About

Based in Solingen, Germany, and founded in 2019 by co-founder Benjamin Wilms, Dennis Schulte, and Johannes Edmeier Steadybit GmbH operates as a software company that offers a reliability engineering platform that could increase product resilience. In March 2024, Steadybit GmbH raised USD 6 million in Series A funding led by Paladin Capital Group, with participation from Angular Ventures, boldstart Ventures, and New Forge GmbH.

It offers engineering solutions that include chaos engineering, roll-out chaos engineering, load testing, and end-to-end testing. The chaos engineering service offered by the firm allows users to build confidence in its system and helps address the uncertainty of distributed systems at scale. It helps to build the resilience of the product. The roll-out chaos engineering service offered by the firm helps its clients address uncertainties in distributed systems. The load tests that the company offers allow its clients to understand their system’s performance using load tests, which helps them be prepared for the unexpected. The end-to-end test solutions offered by the firm test frameworks such as Junit with test containers, Postman, Cypress, and Selenium.

The company will use the March 2024 funding for team growth, product development acceleration, and global market expansion efforts.

## Funding rounds

- Series A, Jan 15, 2024, $6M — Paladin Capital Group, Angular Ventures, Blue Owl
- Seed, Jan 8, 2021, $5M — Boldstart Ventures, Codecentric, Angular Ventures, Tokyo Black LLC, New Forge
- Seed, Jun 19, 2020, $2.6M — Boldstart Ventures, Codecentric, New Forge

## Investors

- Boldstart Ventures (https://capitalatlas.ai/funds/boldstart-ventures) — Seed
- Codecentric — Seed
- New Forge (https://capitalatlas.ai/funds/new-forge) — Seed
- Angular Ventures (https://capitalatlas.ai/funds/angular-ventures) — Seed, Series A
- Tokyo Black LLC — Seed
- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Series A
- Blue Owl (https://capitalatlas.ai/funds/blue-owl) — Series A