Opkey, a leading provider of AI-powered enterprise resource planning (ERP) testing solutions, has announced the successful completion of a $47 million Series B funding round. This significant investment will fuel the company’s rapid growth, accelerate product development, and expand its global footprint.
The funding round was led by Insight Partners, a global software investor, with participation from existing investors like Sequoia Capital India, Blume Ventures, and Tanglin Venture Partners. This new influx of capital will enable Opkey to further enhance its AI-driven platform, which automates and simplifies the complex process of testing ERP systems.
Opkey’s innovative platform leverages advanced machine learning algorithms to automatically generate test cases, identify critical business processes, and detect defects early in the development lifecycle. This not only saves organizations valuable time and resources but also ensures the quality and reliability of their ERP implementations.
With the additional funding, Opkey plans to expand its team of talented engineers and data scientists, invest in research and development, and strengthen its partnerships with leading ERP vendors and consulting firms. The company’s goal is to become the go-to solution for organizations worldwide that require efficient, reliable, and cost-effective ERP testing.
“We are thrilled to have the support of leading investors like Insight Partners,” said Pankaj Goel, CEO of Opkey. “This funding will enable us to accelerate our growth and deliver even more value to our customers. Our AI-powered platform is revolutionizing the way organizations test their ERP systems, and we are excited to see what the future holds.”
