Propelo, a Santa Clara, California-based that provides timely real-time engineering metrics to help improve team performance, announced that it has raised a $12 million Series A to build an AI-driven engineering excellence platform.
The round was led by Decibel Partners, with participation from Fike Ventures, Eniac Ventures, and Fathom Capital. This brings the total amount raised through the Seed and Series A rounds to $16 million.
Propelo publicly launched an industry-first AI-driven engineering excellence platform to help businesses accelerate their software delivery. As most industries transform to become software-driven, modern engineering teams are leading the charge to make digital transformation a reality.
Company: Propelo Inc.
Raised: $12.0M
Round: Series A
Funding Month: November 2021
Lead Investors: Decibel Partners
Additional Investors: Fike Ventures, Eniac Ventures, and Fathom Capital
Company Website: https://www.propelo.ai/
Software Category: AI-driven engineering excellence platform
About the Company: Propelo Engineering Excellence platform analyzes data from over 40+ DevOps tools to provide the missing insights that will help you deliver software faster with better quality and security. Get the data-backed evidence to celebrate your engineering team's contribution and find opportunities to outdo yourself. Optionally implement no-code RPA for Engineering to automate tasks and workflows, eliminate avoidable wait times and missed manual steps. Delivered as a SaaS solution, Propelo integrates quickly and easily with SDLC tools such as Jira, GitHub, GitLab, Azure DevOps, and Jenkins to compute DORA metrics and over 100 other insightful metrics within hours.
Source: https://www.prnewswire.com/news-releases/propelo-raises-12m-series-a-funding-unveils-ai-driven-engineering-excellence-platform-301416991.html