QA Wolf Closes $20.1 Million In Funding

By Annie Baker ● Sep 15, 2022
  • QA Wolf recently announced it raised $20.1 million in funding. These are the details.

QA Wolf recently announced it raised $20.1 million in funding. 

Funding amount: $20.1 million

Investors: Led by Inspired Capital alongside Notation Capital, CoFound, and top tech founders and operators including Sahil Lavingia, Peter Thiel, Naval Ravikant, and Austen Allred. 

Founded: QA Wolf was founded in 2019 by Jon Perl, Laura Cressman, and Scott Wilson to help development teams ship confidently. 

What QA Wolf does: QA Wolf has pioneered the category of “test coverage as a service,” combining its technology with in-house QA experts to get customers to 80% test coverage in under 4 months.

Metrics: QA Wolf’s revenue increased over fivefold in the past nine months. And on average, customers ranging from Y Combinator startups to multi-billion dollar enterprise companies run over 250 automated tests every day, which equates to over 20 hours of manual testing per customer daily. 

The plan for the funding: With this funding, QA Wolf will continue to scale its team, with a focus on go-to-market talent, while also expanding its product experience.

KEY QUOTES:

“With engineering talent more scarce and expensive than ever before, development teams usually don’t have the time or expertise to write and maintain end-to-end tests in-house. Traditional QA companies are like TurboTax: they make tools to make the job easier. We consider QA Wolf to be more like an accountant. We deliver a bespoke solution that doesn’t just assist but completes the job for our customers, guaranteeing high test coverage with as little effort as possible from their team’s engineering resources.”

— Jon Perl, Co-Founder and CEO of QA Wolf

“We don’t have to maintain test suites anymore, and our team is much happier now that we do not have to do this.”

— Andre Valentin, VP of Engineering at Worksome

“Software has seeped into every aspect of our lives – it is eating the world, as some would say – and therefore products must work. In healthcare or fintech, for example, shipping a bug might mean a loan not getting funded to an account or a prescription not being fulfilled. The stakes have never been higher. Building out end-to-end testing coverage has historically been quite resource-intensive. As a result, it is sometimes deprioritized. QA Wolf is automating the repetitive yet essential work of software testing. The demand they’ve seen to date is a testament to how well Jon, Laura, and Scott understand their customer as well as the quality of the initial product they have built.”

— Chris Brown, Principal at Inspired Capital

“We started QA Wolf to give people time back to do more of what they love. We’re just scratching the surface of how we can take QA off our customers’ plates, and we’re excited to be building the best QA solution in the world.”

— Laura Cressman, Co-Founder and Head of Customer Success