About Ponicode Systems
Ponicode Systems is a company based in France founded in 2019 was acquired by CircleCI in March 2022.. Ponicode Systems has raised $3.41 million across 2 funding rounds from investors including CircleCI, Plug and Play Tech Center and Bpifrance. Ponicode Systems operates in a competitive market with competitors including Sencha, Agitar, HUNAN, Typemock and LiTech, among others.
- Headquarter France
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Sectors
Technology
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Email
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Phone
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Website
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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 Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $1.1M
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First Round
First Round
(15 Jul 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series A - Ponicode Systems | Valuation | Breega | |
| Jul, 2020 | Amount | Debt – Conventional - Ponicode Systems | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on pre-seed to early-stage investments
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Founded Year | Domain | Location | |
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Seed-stage investments in startups are provided by Kima Ventures.
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Founded Year | Domain | Location | |
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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ponicode Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ponicode Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Ponicode Systems Comparisons
Competitors of Ponicode Systems
Ponicode Systems 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 Sencha, Agitar, HUNAN, Typemock and LiTech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
HTML5 apps are built, managed, and deployed across platforms.
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| domain | founded_year | HQ Location |
Unit testing solutions for Java applications are developed and provided.
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| domain | founded_year | HQ Location |
Provider of unit testing solution
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| domain | founded_year | HQ Location |
Platform offering unit testing software
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| domain | founded_year | HQ Location |
Cloud based data quality management platform
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| domain | founded_year | HQ Location |
Unit testing is automated by AI platform for software development.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ponicode Systems
Frequently Asked Questions about Ponicode Systems
When was Ponicode Systems founded?
Ponicode Systems was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Ponicode Systems located?
Ponicode Systems is headquartered in France.
Is Ponicode Systems a funded company?
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 15, 2020.
What does Ponicode Systems do?
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.
Who are the top competitors of Ponicode Systems?
Who are Ponicode Systems's investors?
Ponicode Systems has 5 investors. Key investors include CircleCI, Plug and Play Tech Center, Bpifrance, Breega, and Kima Ventures.
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