Opkey, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Opkey, Inc. (formerly SmartSoftware Testing Solutions) is a technology company founded in 2015 by Pankaj Goel, Avinash Tiwari, and Lalit Jain, with its headquarters located in Dublin, California. The company specializes in providing an AI-powered, no-code platform designed to streamline and automate the lifecycle of enterprise applications, particularly for Cloud ERP systems. Operating under the legal name Smart Software Testing Solutions India Private Limited, the firm has expanded its global presence with additional offices in Pittsburgh, New York City, India, and Australia. Opkey serves a diverse clientele of enterprise customers, including Fortune 500 companies, by offering solutions that facilitate software migration, continuous testing, and modernization across various industries. Business/Product Breakdown Opkey offers an AI-native platform that automates critical phases of the enterprise application lifecycle, including process discovery, testing, configuration management, and end-user training. The platform is built on a domain-specific small language model (SLM) trained on extensive enterprise application data, which supports a suite of specialized AI agents - such as the Test Agent, Config Agent, and Training Agent, to orchestrate complex workflows. A key component of the offering is the "Wilfred" generative AI chatbot, which enables users to create test cases, manage support tickets, and plan projects using natural language commands. The platform features a library of over 30,000 pre-built test cases and offers "Test Accelerators" specifically tailored for major packaged applications, including Oracle, Workday, SAP, Salesforce, and Coupa. The company's technology suite includes automated "Impact Analysis" to identify how application updates affect existing business processes, and "Self-Healing" capabilities that automatically update test scripts when application changes are detected. Beyond testing, Opkey provides tools for "ConfigOps" to manage and migrate environment configurations and "Auto-Generated Training Guides" to assist with user adoption during software rollouts. The solution is delivered through a SaaS-based annual subscription model, supporting web, mobile, desktop, and legacy mainframe applications. Strategic integrations with DevOps tools like Jira, Jenkins, and Azure DevOps allow for continuous testing within established CI/CD pipelines.
Keywords
Keywords
Classified
Private