Ponicode Systems

France Founded: 2019 • Age: 7 yrs Acquired By CircleCI
Cloud-based unit testing solutions provider

About Ponicode Systems

Ponicode Systems is a Technology company based in France founded in 2019, and was acquired by CircleCI in March 2022. Cloud-based unit testing solutions provider. Ponicode Systems has raised $3.41 million across 2 funding rounds from investors including CircleCI, Plug and Play Tech Center and Bpifrance. Its focus areas include Enterprise Infrastructure, Software Testing Tools, Testing Types and Unit Testing.

Company details

Ponicode is a cloud-based testing solutions provider. The product offered by the company is an AI-powered interface that creates, modifies, and visualizes unit tests. The features of the product include automated test file generation, code coverage optimization, etc.

  • Headquarters France
  • Stage Acquired
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website ponicode.com
  • Social LinkedIn X
  • Acquired by CircleCI (Mar 2022)
Key Metrics
  • Total Equity Funding
    $3.41M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.14M (USD), Debt – Conventional

    Jul 2020

  • Investors
    CircleCI

    & 4 more

  • Acquired by
    CircleCI

    (Mar 2022)

Funding Insights of Ponicode Systems

Ponicode Systems has successfully raised a total of $3.41M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.14 million completed in July 2020. 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.

  • Total Funding $3.41M
  • Total Rounds 2
  • Last Round Debt – Conventional β€” $1.14M
  • First Round $3.41M

    (Jul 2020)

  • Investors Count 4

All 2 funding rounds of Ponicode Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2020$3.41MSeries A–Breega
Jul 2020$1.14MDebt – Conventional––
Valuation history

5 investors in total: 5 institutional.

Investors in Ponicode Systems

Ponicode Systems has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include CircleCI, Plug and Play Tech Center and Bpifrance.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on pre-seed to early-stage investments
breega.comParis, France
Seed-stage investments in startups are provided by Kima Ventures.
kimaventures.comParis, France
Startups are accelerated and invested in across multiple tech sectors.
2006plugandplaytechcenter.comSunnyvale, United States
Corporate consultancy, advisory, and funding services are provided to businesses.
2012bpifrance.comMaisons Alfort, France
Cloud-based software is provided for continuous integration and delivery management.
2011circleci.comSan Francisco, United States
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Investor details for Ponicode Systems

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People of Ponicode Systems

3 people are tracked at Ponicode Systems (3 in team).

NameRoleGroup
Zakaria Benhadi
Senior Software EngineerTeam
Abdel Driowya
Software EngineerTeam
Abraham Tewa
Software EngineerTeam
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Complete people profiles for Ponicode Systems

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Timeline of Ponicode Systems

3 dated milestones of Ponicode Systems across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ponicode Systems is founded.
  2. Funding First funding round of $3.4M.
  3. Exit Acquired by CircleCI.
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Related news about Ponicode Systems

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Frequently Asked Questions about Ponicode Systems

Ponicode Systems was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Ponicode Systems is headquartered in France.

Ponicode Systems is a funded company, having raised a total of $3.41M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.41M, raised on Jul 2020.

Ponicode is a cloud-based testing solutions provider. The product offered by the company is an AI-powered interface that creates, modifies, and visualizes unit tests. The features of the product include automated test file generation, code coverage optimization, etc.

Ponicode Systems has 5 investors. Key investors include CircleCI, Plug and Play Tech Center, Bpifrance, Breega, and Kima Ventures.

Yes. Ponicode Systems was acquired by CircleCI in March 2022.

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