San Francisco-based Momentic Inc has raised $3.7 million in fresh capital, the artificial intelligence-powered testing and quality assurance firm confirmed.
Among its investors are a range of well-known tech names, including Box co-founder and chief executive Aaron Levie, WePay co-founder Richard Aberman, as well as JJ Fliegeman, who is the co-founder of WayUp.
Funds also came from FundersClub, General Catalyst, Y Combinator and AI Grant.
Momentic chief executive Wei-Wei Wu, who co-founded the firm in 2023 together with chief technology officer Jeff An, said the fresh capital will be used to develop and expand the company’s AI testing solution.
He stressed that “testing is a giant umbrella that the company intends to cover more comprehensively and that means building up the team and product offering to match.”
Wu also said the timing of the investment is right, as he spotted a huge appetite for its test automation solution among banks and financial services firms, deciding to launch the company after having difficulty creating and maintaining test automation at scale.
Momentic’s platform is powered by AI technology to serve QA teams and application software developers in particular by creating own-generated tests. The solution does this by generating constantly generating new test cases, identifying parallels and themes and spotting relevant elements.
Wu pointed out that, as an AI-driven product, it allows software developers to indicate what they want to test in plain English.
“The testing AI will then execute all the test instructions automatically directly in a web browser,” he continued.
“It’s designed so that non-technical users can easily activate and use the system and it includes a low-code editor so technical users can fine-tune tests to their liking.”
“The current status quo of QA is typically you have a separate team in an engineering organisation that’s QA, or you outsource.”
– Wei-Wei Wu
Asked what makes Momentic stand out from other, similar solutions, Wu said his platform is able to maintain its tests while automatically adapt to match software updates.
“Once you’ve built the test, I would say that’s just like one part of the problem, products evolve,” he explained.
“You want to ship product, but you don’t want to waste time maintaining your test scripts.”
He added: “With Momentic, since you’ve described your test with natural language intent, the test script can automatically evolve even as the application changes, as long as the intent stays the same.”
Rather than having to generate long and complex scripts, the platform works to reduce “the long-term burden on software engineers to maintain them.”
“This makes both test creation and maintenance more accessible and efficient for engineers,” Wu noted.
As a result, this makes quality assurance much more accessible and closer, he argued.
When asked to elaborate, Wu said: “The current status quo of QA is typically you have a separate team in an engineering organisation that’s QA, or you outsource. I’m an engineer, I build something and now I toss it over the wall to my QA counterpart for tests and then get my bug reports and it goes back and forth. This is very inefficient.”
He backed up his statement with some numbers, as Wu claimed that, since the product launched last year, his customers have reported a 60% reduction in debugging time and a 30% reduction in test execution time.
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