Flow Partners advises Elevator Fund
Portfolio valuation and strategic review of Testim
Tel Aviv, Israel / Sunnyvale, CA — 27 January 2021
Flow Partners acted as a financial advisor to a leading Israeli early-stage venture capital investor Elevator Fund on a portfolio valuation and strategic review of Testim, an AI-based software platform uses AI that leverages machine learning for the authoring, execution and maintenance of automated test cases.
Founded in 2014, Testim is a developer of a testing automation platform designed to offer application testing integrative to the agile development cycle. The company's platform uses machine learning (ML) to undertake the authoring, execution and maintenance of automated tests and analyzes hundreds of attributes in real-time to identify each element, enabling developers to eliminate the need to continually maintain tests with every code change.
About Elevator Fund
Elevator Fund invests in exceptional early-stage startups globally. Elevator leads and syndicates seed rounds, investing between $250K-$1M in innovative companies located in Israel, Europe and the US. Elevator invests in areas of fintech, new media, digital health and other emerging fields.
About Flow Partners
Flow Partners is a new-age technology advisory boutique, providing transaction advice to the companies and investors that shape up the global digital ecosystem. Founded in 2020, the firm operates worldwide and has presence in London, Berlin, Warsaw and Miami. For more information, please visit www.flowpartners.io.
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