Momentic Secures $15 Million to Enhance Software Testing Automation
In a significant move to redefine software testing, Momentic, an AI-driven startup, has successfully raised $15 million in a Series A funding round. Led by Standard Capital and joined by Dropbox Ventures, the investment also includes backing from existing supporters such as Y Combinator, FCVC, Transpose Platform, and Karman Ventures. This new funding builds on a previous seed round of $3.7 million announced in March.
Momentic specializes in developing tools for software testing and verification, a sector traditionally dominated by open-source frameworks like Playwright and Selenium. Unlike these complex tools, Momentic aims to simplify testing processes through artificial intelligence. “We help our customers ensure their product functions as intended,” stated co-founder Wei-Wei Wu. “They can articulate their essential user flows in everyday language, and our AI automates them.”
Both Wu and co-founder Jeff An come from backgrounds in developer tools, having previously worked at companies such as Qualtrics and WeWork. Wu is particularly notable for his contributions to the open-source Node.js community.
Momentic’s innovative, AI-based approach has already attracted around 2,600 users, including notable clients like Notion, Xero, Bilt, Webflow, and Retool. While details on revenue and profitability remain undisclosed, Wu emphasizes that the product has demonstrated sufficient growth to attract investor interest.
The automation of testing amplifies ease and scalability, enabling previously unattainable volumes. In the last month alone, Momentic automated over 200 million test steps, showcasing its potential impact in the industry.
However, the startup faces competition not only from established tools but also from foundational models developed by companies like OpenAI and Anthropic, which provide tutorials on agentic testing. As these models evolve, the competitive landscape for enterprise SaaS companies like Momentic may tighten.
For the immediate future, Wu intends to utilize the new funding to enhance Momentic’s offerings. Following the launch of mobile environment support in August, the company is eager to improve its test-case management capabilities as it expands its engineering team.
As Wu notes, the surge in automated coding will generate a plethora of new applications, subsequently increasing the demand for reliable testing solutions. “All of these applications require rigorous testing,” he remarked. “Quality is paramount, and we are committed to delivering that assurance.”
