Helsinki-based SaaS startup Swarmia has raised €10 million to enhance engineering productivity with real-time insights into product development.
The funding round was led by DIG Ventures and Karma Ventures, with participation from notable angel investors like Romain Huët and Cal Henderson.
Swarmia, founded in 2019, focuses on improving developer productivity and experience for software engineering teams through real-time insights and data-driven decision-making.
The company helps organizations master the three pillars of engineering effectiveness: business outcomes, developer productivity, and developer experience, aiming for growth and success.
Software engineering intelligence tools, like Swarmia, are gaining adoption according to Gartner, with expectations to grow significantly in the coming years.
Many companies struggle to adopt modern practices due to lack of data, which Swarmia addresses by combining quantitative metrics with qualitative survey data.
Swarmia's client portfolio includes well-known companies like Docker, Webflow, Miro, Trustpilot, and Pleo, with plans to expand in the US market.
The company is praised for redefining software engineering intelligence, offering ease of adoption and unified data sources for engineering leaders in top-tier software firms.