Investor Materials

Incorrect password. Please try again.

Contact founders@pie.inc for access

Seed Round | Q1 2026
Pie

10,000 hours of QA.

30 minutes.

Dhaval Shreyas, CEO  ·  Jinoo Jain, CPO  ·  Adithya Aggarwal, CTO

The Problem

The bottleneck moved. Testing didn't.

Code Production (AI) - 100x
QA - 1x
60%
Test failures aren't bugs
40%
QA time debugging scripts
2-4 days
Manual testing per release
50+
UI refactors per sprint

AI broke the contract. QA is stuck in 2015.

Legacy is Dead

Selenium is architecturally dead. It just doesn't know it yet.

This breaks every time AI touches the UI

// Brittle selectors driver.findElement(By.id("add-to-cart-btn")).click();

Same button. Same functionality. Test = FAILED.

The architecture problem

  • Every DOM-based tool shares this flaw
  • Selenium, Playwright, Cypress, Mabl, Testim
  • They read code. Users see screens.
  • The architecture is wrong.

You can't test AI-speed code with human-speed tools.

Our Solution

We test like humans see. Not like robots parse.

AI agents that see your app like users do.

DOM-Based Tools

  • Parse HTML structure
  • Target selectors (IDs, XPaths)
  • Break when code changes
X "Click #btn-42"

Pie

  • See the actual screen
  • Target visual elements
  • Work if UI looks the same
O "Click the blue Add to Cart button"
Product

80% coverage in 30 minutes. Every time.

Step 1

2 min

Connect
Point Pie at your app. No SDK.

Step 2

10 min

Discover
AI agents explore and map flows.

Step 3

15 min

Generate
Plain English test suites.

Step 4

Continuous

Self-Heal
UI changes? Pie adapts.

What a real test run looks like:

O 142 tests passed ? 3 tests self-healed (UI changed, logic didn't) X 1 real bug found: "Checkout fails when cart >10 items" - Screenshot + video attached - Suggested fix: pagination overflow False positives: 0
Proof

Enterprise-validated. Fortune 500 in active pilot.

$200K
ARR
$90K
Largest ACV
0%
False Positives (90 days)
F500
In Pilot

Tilt (Fintech) - $90K ACV

  • Before: 4-6 hrs manual regression/release
  • After: Zero manual intervention to App Store
  • Expanding: 1 app → 4 apps
  • Won: Beat competitor at $60-70K on tech

Fi (Consumer HW) - $36K ACV

  • Before: 2-3 days QA, 12+ engineers
  • After: Hours, not days. 3 people.
  • Expanding: Mobile → e-commerce web
  • CEO approved: Case study signed off
Timing

Three forces converging. One window.

1. AI coding hit the enterprise

  • 1.8M+ Copilot subscribers
  • Cursor: Fastest-growing IDE ever
  • 40%+ of commits AI-assisted

That wall is us.

2. Legacy QA is broken

2000-2020SeleniumWorked
2020-2024Low-codeStruggling
2025+???Broken

Can't be patched. Needs new architecture.

3. Money moved to applications

Foundation models → Application layer → High-value workflows.

Pie is the application layer for the most broken workflow in software.

The window is now.

Market

$50B market. Actively breaking.

Software Testing & QA

$51B $107B
11.3% CAGR

2025 → 2032 (Markets and Markets)

Test Automation

$35B $77B
16.8% CAGR

2025 → 2030 (Coherent Market Insights)

$15B
Enterprise QA Tools
Primary Target
$5B
AI DevTools
Emerging
$20B
QA Services
Replacement
Competition

The only vision-based agentic testing platform.

Capability Pie BrowserStack Mabl Rainforest
Vision-Based O X X X
AI-Refactor Resilient O N/A X Partial
Cross-platform O Infra Web Limited
Self-healing O X O O
Business Model

Usage-based. Indexed to AI velocity.

Starter

$500
/month

Up to 1,000 test runs

Growth

$2,000
/month

Up to 10,000 test runs

The Flywheel

Customer adopts AI coding Ships more features Runs more tests Pie revenue grows

We're the tax on AI development velocity

Expansion Evidence

  • Tilt: 1 app → 4 apps (4x potential)
  • Fi: Mobile → Web (cross-platform)
  • Both expanding within 6 months
Team

Built by engineers who lived this problem.

Dhaval Shreyas

Dhaval Shreyas

CEO

Square → Instacart → Meta. CTO/Co-Founder @ Cue. M.S. CS, CU Boulder. Built mobile at Square. Saw QA become the bottleneck. Had to fix it.

Jinoo Jain

Jinoo Jain

CPO

OpenSpace → Nightingale (drones). NASA Ames; UC Berkeley Robotics. Shipped AI that sees the world. Pie applies vision to testing.

Adithya Aggarwal

Adithya Aggarwal

CTO

M.S. CS (ML), ASU. ACM published. Built face recognition & visual ML. Career in visual recognition. Testing should work like humans see. Built the engine.

~18 people. Heavy R&D = building the moat.

Engineering (14)
Product (2)
GTM (2)
Proprietary vision engine. Built from scratch. Not a GPT-4V wrapper.
Enterprise DNA. Closed $90K against cheaper incumbent. We know how to sell.
The Ask

$3.5M to own the verification layer.

Round Details

Raising$3.5M - $4M
Valuation$18-22M Pre
InstrumentPriced / SAFE
TimelineQ1 2026

Why this valuation: AI DevTools median $18-25M pre. Proprietary vision engine, F500 in pilot, both customers expanding.

Use of Funds

Sales & Marketing50%
R&D35%
G&A15%

18 months runway . Seeking lead with Agentic AI / DevTools thesis

The immune system for the AI-native software stack.

Every company shipping AI-generated code needs verification that can keep up. We built it. We proved it. Now we're scaling it.

Let's talk.

Dhaval Shreyas, CEO
founders@pie.inc

Navigate F Fullscreen Esc Exit