Uber alumni engineering analytics startup Hatica has raised $3.7 million in a funding round led by Sequoia India and Southeast Asia’s Surge, they said Thursday.
The San Francisco-based startup aims to improve developer productivity and well-being by using in-depth engineering analytics to help developers better understand how they are spending their time. I am aiming for
“There was no objective way to understand what was going wrong,” Hatica co-founder and CEO Naomi Copra said in an interview.
Chopra and former Uber colleague Haritabh Singh (CTO) founded Hatica in 2020. They found that developers struggled with many distractions, such as long meetings and other interaction demands. This phenomenon is even more common in remote and hybrid work. setting.
Hatica integrates with Git repository hosting services such as GitHub, Gitlab and Bitbucket. Communication tools such as Slack, Google Meet, and Zoom. Project management solutions such as Asana, JIRA, and Trello. Incident management products such as OpsGenie, PagerDuty, VictorOps, and CI/CD platforms such as Circle CI, Jetkins, Phabricator.
Once data is captured, Hatica provides performance metrics aimed at helping developers understand cycle times, improve code quality, and make better allocations to reduce burnout. This insight also helps speed up product delivery and increase the value her stream of customers.
Hatica already has many high profile clients including Amenify, Twitter, PayPal, Rakuten and Okta. Currently, the startup serves over 20,000 of his developers and his engineering leadership, and eventually he aims to reach 30 million developers worldwide. By expanding developer reach, startups can increase their revenue as they charge companies based on the number of developers using their solution.
The startup touts a 50% reduction in cycle time, a 2.1x improvement in planning and delivery accuracy, and a 40% jump in maker time, resulting in increased delivery speed and happiness.
Hatica, which currently has a team of 22 people, plans to use the $3.7 million in seed funding to expand its team and add new sales executives.
“We currently capture a very small portion of the market. So we have the opportunity to grow horizontally and vertically, which means we can add more features and push our customers up to higher plans. cell,” said Chopra.
The seed round included existing investor Kae Capital and engineering leaders from Google, Uber, Twitter, Okta, and Notion as angel investors.
“We have very high investor confidence and they are confident that we will be able to raise the next term very soon. he said.
Prior to its latest round, the startup raised $900,000 from Kae Capital in a pre-seed round.
