As reported by Business Standard and Entrepreneur today, DevDynamics has reached a significant milestone in our quest to help leaders build world-class engineering orgs — we’ve completed our first round of funding! The round was led by Powerhouse Ventures and other investors, including Sunn91 Ventures, PointOne Capital, and select angel investors.
Since our launch in 2022, we’ve grown quite a lot. So far, we’ve powered engineering teams in early-stage startups and venture-backed unicorns across retail, fintech, and online marketplaces. Our partnership with these fast-growing companies has yielded remarkable results, enabling their teams to achieve higher velocity, improved software quality, and a better team culture.
"DevDynamics.ai stands out in this space, primarily because it's steered by seasoned leaders from giants like Disney, Walmart, and VWO. Their experience can be seen in the product with customers already reporting an impressive 30% increase in vital KPIs such as engineering throughput and velocity." - Kshitij Golwalkar from Powerhouse Ventures
Over the coming months, we are committed to building a powerful AI copilot to help software leaders explore engineering insights, get suggestions, and anticipate challenges. We’re excited to see what comes next, and we hope you are too!