Appvance.ai

Santa Clara, United States Founded: 2013 • Age: 13 yrs
AI-driven automated testing for application performance and security is provided.
Annual revenue - Latest available
Total funding $24.2M 4 rounds
Employees 25 Tracked headcount
Investors 9 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Appvance.ai

Appvance.ai is a company based in Santa Clara (United States) founded in 2013 by Frank Cohen. Appvance.ai has raised $24.17 million across 4 funding rounds from investors including FundersClub, Arrowroot Capital Management and TRI HoldCo. The company has 25 employees as of December 31, 2022. Appvance.ai offers products and services including AIQ Platform, Autonomous Testing, AI Script Generation, Test Execution, and Test Results Reporting. Appvance.ai operates in a competitive market with competitors including Launchable, mabl, Diffblue, BlinqIO and Autify, among others.

  • Headquarter Santa Clara, United States
  • Employees 25 as on 31 Dec, 2022
  • Founders Frank Cohen
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Legal Name Appvance Inc
Operational Areas
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $24.17 M (USD)

    in 4 rounds

  • Latest Funding Round
    $13 M (USD), Series C

    Jan 18, 2022

  • Investors
    FundersClub

    & 8 more

  • Employee Count
    25

    as on Dec 31, 2022

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Products & Services of Appvance.ai

Appvance.ai offers a comprehensive portfolio of products and services, including AIQ Platform, Autonomous Testing, AI Script Generation, Test Execution, and Test Results Reporting.

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Primary

AI-driven system for comprehensive software quality assurance and testing.

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AI-piloted exploration of application functionality for efficient testing.

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Generates self-healing scripts for web and mobile applications.

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Designs scenarios to assess feature quality across environments.

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Provides dashboards for viewing and analyzing test trends.

People of Appvance.ai

Headcount 50-200
Employee Profiles 13
Board Members and Advisors 5
Employee Profiles
People
Karthik K
Customer Support Team Lead
People
Andre Liao
CEO
People
Kevin Parker
VP, Customer Success
People
Erica Stuart
Director of Marketing

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Board Members and Advisors
people
Kevin Kern
Chairman of the Board
people
Noah Doyle
Director
people
Andrew Deyoung
Board Director
people
Kareem El Sawy
Director

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Funding Insights of Appvance.ai

Appvance.ai has successfully raised a total of $24.17M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $13 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Appvance.ai

Appvance.ai has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include FundersClub, Arrowroot Capital Management and TRI HoldCo.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Buyout focused private equity firm for software companies
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TRI HoldCo is engaged in building and investing in companies.
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Seed and early-stage tech investments are made in US companies.
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Investor details for Appvance.ai

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Appvance.ai

Investments
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Investment portfolio details for Appvance.ai

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Financial Statements - Appvance.ai

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Detailed financials for Appvance.ai

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Appvance.Ai Comparisons

Appvance.ai Primary company
Description
AI-driven automated testing for application performance and ...
Location
Santa Clara, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
25
As of 2022
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Peer comparison for Appvance.ai

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Competitors of Appvance.ai

Appvance.ai operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Launchable, mabl, Diffblue, BlinqIO and Autify, among others.

Company Name Domain Founded year HQ Location Description
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AI platform is used for continuous software testing and prioritization.
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Automated functional testing is enabled through machine learning.
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AI-based automated testing and code automation solutions are provided.
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An AI-powered platform for automated software testing is offered.
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AI-powered platform for software testing automation is provided.
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Detailed competitors of Appvance.ai

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Latest news on Appvance.Ai

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Complete news archive for Appvance.ai

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Frequently Asked Questions about Appvance.ai

Appvance.ai was founded in 2013.

Appvance.ai is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Kevin Surace is the current CEO of Appvance.ai.

Appvance.ai is a funded company, having raised a total of $24.17M across 4 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Appvance.ai is 25.

Appvance.ai was founded in 2013 in Santa Clara, United States, and operates in the software testing sector. An AI-based platform is offered for generating and executing end-to-end tests to assess application performance, quality, and security. Support is provided for penetration testing, functional testing, and other types, along with detailed test reports. Operations focus on enabling efficient testing processes for various applications.

Appvance.ai's top competitors include Diffblue, Launchable and mabl.

Appvance.ai offers AIQ Platform, Autonomous Testing, AI Script Generation, Test Execution, and Test Results Reporting.

Appvance.ai has 9 investors. Key investors include FundersClub, Arrowroot Capital Management, TRI HoldCo, Javelin Venture Partners, and Javelin Ventures.

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