Opkey, a San Francisco, CA-based provider of an artificial intelligence continuous test automation platform for enterprise systems, raised $47M in Series B funding.
The round was led by PeakSpan Capital, with participation from existing investors.
The company intends to use the funds to accelerate product development, with a focus on enhancing AI capabilities and expanding support for additional ERP platforms, grow its sales and marketing teams to expand market presence globally, and invest in its R&D sector.
Led by CEO Pankaj Goel, Opkey is a provider of AI-enabled, no-code test automation solutions for enterprise ERP systems. Founded in 2016, it empowers organizations to accelerate their ERP modernization initiatives by simplifying and automating the testing process.
With offices in Dublin, California, and worldwide, the company serves a global clientele of Fortune 500 companies and enterprises across various industries.
Opkey currently has more than 200 enterprise customers, 72% of which are ranked in the Fortune 1000. The company also partners with systems integrators (SIs) like KPMG, Huron, and PwC to bring the power of AI to their implementation and managed services projects.
FinSMEs
22/08/2024