AutomatePro, a London, UK-based company providing patented intelligent automated testing and software, raised £5.0M in Series A funding.
The round was led by YFM Equity Partners.
The company intends to use the funds to scale up its sales, marketing and customer success functions and to develop innovative new product modules. The investment will also help the business continue expansion into the US, filling the demand from the existing and growing ServiceNow ecosystem.
Led by CEO Paul Chorley, AutomatePro offers patented intelligent automated testing and software development quality control DevOps solutions for enterprise cloud platforms such as ServiceNow. The company enables companies to test and assess enterprise cloud applications with unprecedented effectiveness and efficiency.
The company serves many industries including Life Sciences, Healthcare, Banking, Insurance, Financial Services, High Tech, Telecom, Manufacturing, Retail, Healthcare, Utilities, and Public Sector.
Committing on the news, Paul Chorley said: “We are delighted to welcome YFM on board as our first institutional shareholder, having recognised early on the alignment with our strategy and values. We are very grateful for the support we have had from PrefCap and our seed investors in getting us to this stage. The investment and support from YFM will enable us to help even more enterprises across the globe accelerate their digital transformation with ServiceNow and other cloud platforms. Our customers will benefit from an increased capacity to further innovative our ground-breaking automated DevOps capabilities.”
FinSMEs
09/01/2023