Qovery, the SaaS platform specializing in automating DevOps and deploying multi-cloud applications, announces an €11 million Series A funding round.
The round was led by the IRIS fund, with participation from Crane Venture Partners, Speedinvest, Techstars, and Irregular Expressions. Several renowned angel investors are also joining the deal, including Olivier Pomel and Alexis Le-Quôc (co-founders of Datadog), Sebastian Pahl (co-founder of Docker), and Ott Kaukver (CTO of Checkout.com and former CTO of Twilio), who joins the board.
All the investors from the previous round also participated in this round.
Founded in 2020, Qovery has grown at an annual rate of 115% and claims more than a hundred clients, including Alan and Didask in Europe, as well as Talkspace and RxVantage in the United States. Already 50% of its activity is conducted in the American market. The funds raised will allow the company to strengthen its expansion across the Atlantic, accelerate its hiring, and broaden the development of its platform, notably by integrating more AI and covering the entire DevOps lifecycle.
Automating DevOps to Reduce Complexity
Qovery’s platform automates the deployment of applications and the management of infrastructures across various cloud environments (AWS, GCP, Azure, Scaleway) and Kubernetes. It aims to address the DevOps talent shortage, which continues to hinder many digital transformations. According to IDC, 67% of projects are delayed due to a lack of IT skills.
For Romaric Philogène, co-founder and CEO of Qovery, the solution offers “the equivalent of four to five DevOps engineers in a matter of minutes, versus several months to recruit and train a team.”
Anaïs Monlong, Venture Principal at IRIS, says that “the DevOps talent shortage and the increasing complexity of cloud environments create an urgent need for solutions like Qovery, capable of simplifying and accelerating deployments while ensuring flexibility.”
Finally, Alexis Le-Quôc, CTO of Datadog, emphasizes that “Qovery’s approach addresses a problem faced by all development teams: preventing DevOps from becoming a bottleneck in software growth.”
