Fundz

Steadybit raised $6M in a Series A funding led by Paladin Capital Group to enhance its chaos engineering platform and introduce a reliability advice feature.

PRIVATEMar 11, 2024

Amount Raised

$6 Million

Round Type

Series A

North Rhine-WestphaliaSoftwareSaaS

Investors

New ForgeAngular VenturesBoldstart VenturesPaladin Capital Group

Description

Steadybit has successfully raised $6 million in Series A funding, which was led by Paladin Capital Group. The funding will support the company's mission to improve software reliability through chaos engineering and the introduction of a reliability advice feature to empower customers in managing their systems proactively.

Quick answer

Steadybit raised $6 Million in a Series A round, dated March 11, 2024. Investors: New Forge, Angular Ventures, Boldstart Ventures and Paladin Capital Group. Steadybit is based in North Rhine-Westphalia, Germany.

How much did Steadybit raise?
Steadybit raised $6 Million in a Series A round on March 11, 2024.
Who invested in Steadybit?
New Forge, Angular Ventures, Boldstart Ventures and Paladin Capital Group are named as investors in this round.
What does Steadybit do?
Steadybit is the first reliability engineering platform to go beyond Chaos Engineering.
Where is Steadybit based and how big is it?
Steadybit is based in North Rhine-Westphalia, Germany.
Who are the decision-makers at Steadybit?
Fundz holds 1 contact at Steadybit, including the CEO & Co-Founder . Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in SaaS and Software around the same time

Companies in the same sectors as Steadybit that raised within 45 days of this round, from Fundz verified event records.

  • Q4 raised an undisclosed amount (Debt Financing) on April 25, 2024.
  • Navix raised $4.7M (Seed) on April 25, 2024.
  • NEWTRUL raised $42M on April 24, 2024.
  • UserHub raised $3.2M (Pre-Seed) on April 24, 2024.
  • Dripos raised $11M (Series A) on April 24, 2024.
  • WorkRex raised $220K (Pre-Seed) on April 22, 2024.

Who to call at Steadybit, and when

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Company Information

Company

Steadybit

Location

North Rhine-Westphalia, Germany

About

Steadybit is the first reliability engineering platform to go beyond Chaos Engineering. Organizations in the eCommerce, SaaS and financial services industries, as well as global enterprises choose Steadybit to roll out chaos engineering across their teams to foster a Culture of Resilience. Steadybit provides everything an organization needs to make it safe and easy to bridge the gap between the experts (SREs, platform and expert teams) and the developers. Steadybit is backed by boldstart ventures, Angular Ventures and New Forge, along with a number of well-known angel investors and individuals within the DevOps community. Learn more at steadybit.com.

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Related People

1 contact
Verified contactsBenjamin W., CEO & Co-Founder hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Steadybit raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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