Qovery raises 11 million euros to accelerate on the DevOps automation market

The DevOps automation market is part of an intense recomposition phase. Between established paas like Heroku, emerging challengers such as Render or Railway, and infrastructure-as-code solutions like Terraform, companies have a plethoric but often fragmented offer. Qovery, founded in 2020 in Paris, intends to occupy a hybrid position by combining the simplicity of a PAAS platform with the flexibility of the native cloud.

While Kubernetes has become a standard standard and large clouds (AWS, GCP, Azure) multiply services, development teams come up against long cycles and growing dependence on Devops experts. Qovery promises to bring times from several weeks to a single day, without particular skills, and to allow thousands of daily deployments in production.

The DevOps automation segment is already occupied by actors with various positions. Thus Heroku, property of Salesforce, has long served as a reference to simplify application accommodation, while challengers like Render or Railway seek to modernize this model with more agile offers. On another level, Hashicorp Terraform has established itself as a standard for infrastructure-as-code, but remains a demanding tool in expertise. Between these approaches, Qovery is positioned as an intermediate alternative, that of offering the simplicity of a PaaS, the flexibility of a multi-furnishing native cloud and complete automation adapted to complex hybrid environments.

This approach aims to respond to the shortage of specialized talents, today according to IDC, 67 % of digital transformation projects are delayed by the lack of IT skills. Where Heroku had simplified application accommodation in the era of the nascent cloud, and where Terraform has standardized the infrastructure configuration, Qovery wants to embody the next generation, that of complete automation, independent of a supplier, and adapted to hybrid environments.

Qovery announces an annual growth of 115 % and more than a hundred customers, including Alan, Didask, Talkspace and RX further. Founded by Romaric Philogène, Pierre Mavro and Morgan Perry, Qovery has just raised $ 13 million, or around 11 million euros, in series A. The Tour was led by Iris, with the participation of Speedinvest, Crane Venture Partners, Techstars, Irregular Expressions, as well as several Business Angels including Olivier Pomel and Alexis Lê-Quôc (Datadog) Sebastian Pahl (Docker) and Ott Kaukver (checkout.com, ex-twilio). All historical investors have reinvested. The funds will be used to accelerate development in the United States, which already represents half of the activity, and to develop the platform towards automation integrating artificial intelligence.