The Karlsruhe based software company Retest has received seed funding of 600,000 euros from High-Tech Gründerfonds. Retest solves a major problem in software development and thus addresses a large market potential.
The innovative Retest solution and the strong founders have convinced us and we are very pleased to welcome the team to the HTGF portfolio. This is what Daniela Bach, Investment Manager of High-Tech Gründerfonds said.
Product should be open source
Launched in 2017, the company intends to use its AI based technology to automate software functionality testing, reducing time and costs. So far, the software testing is considered particularly complex, since it is mostly done manually.
Thanks to the investment, the product will be made available to open source and thus to a wide range of developers and testers.
“Our goal is to establish this paradigm as a new standard in test automation,” says Dr. Jeremias Rößler, CEO and founder of retest GmbH. Who founded the startup together with CTO Martin Vietz.