Slide 1

Slide 1 text

Company deck Update: January 30, 2025

Slide 2

Slide 2 text

- Ryo Chikazawa, CEO, Autify, Inc. “ ” Solving the universal issue in software development In today’s rapidly changing markets, companies need to respond quickly to customer needs and increase their competitiveness. At the same time, making the need for increased productivity in software development, maintenance, and operations even more critical.
 Software testing is a large area, taking up about a third of the time required in the development process, but it is a repetitive task that could benefit greatly from the use of AI and automation. However, due to specialization of testing and the blackboxification that comes with it, many of our customers have said that they have not been able to improve productivity as much as they had hoped.
 Autify is pioneering a new era of systems development that will accelerate business by combining the power of AI with human expertise to innovate software quality assurance, which has been heavily reliant on manpower.

Slide 3

Slide 3 text

Our Company ●︎ A liberal work environment that trusts the individual’s   abilities ●︎ Staff with diverse backgrounds ●︎ Performance is evaluated fairly, and compensation is   based on performance We created this document to provide you, a future member at Autify, an overview of what we have to offer. Before going further, here is a summary of what sets us apart. Our Business ●︎ Software testing is a vast and rapidly changing industry ●︎ Autify products are steadily growing to solve the     customer’s burning needs ● ︎ Solving a universal issue gives us the rare opportunity   to target the global market In a nutshell

Slide 4

Slide 4 text

01. About Us

Slide 5

Slide 5 text

Autify’s Mission “ ” Enhance people’s creativity by technology With a mission to "Enhance people’s creativity by technology," Autify, Inc. aims to create a world where developers around the world can eliminate the testing phase and meet user needs faster by using Autify from the earliest stages of development. 01. About Us

Slide 6

Slide 6 text

概要・沿革 US Headquarters / Japan branch Headquarters Japan Office Business operations Founded Number of staff 1390 Market St, Suite 200, San Francisco, CA 94102 6th floor, Cross-C Higashi Nihonbashi Bldg, 2-22-1 Higashi Nihonbashi Chuo-ku, Tokyo Development and sales of an AI-powered solution for automating and streamlining software testing, and providing quality assurance services September 2nd, 2016 122 Company Information and History Sep 2016 Feb 2019 Jul 2019 Oct 2019 Oct 2021 Mar 2024 Jun 2024 Founded in San Francisco, US Graduated from Alchemist Accelerator $2.5M Seed round from Global Brain, Salesforce Ventures, etc. Autify’s official launch $10M Series A round from WiL, Uncorrelated, Jonathan Seigel and existing investors Autify for Mobile’s official launch Raised $13 million in funding from Globis Capital Partners, LG Technology Ventures and others Announcement of rebranding: Autify NoCode, Autify Genesis, and Autify Pro Service for comprehensive development and testing support * Sol v ing the customer ’ s burning needs : the story o f ho w Auti f y came to be . ( ) h ttps :// c h i k at h reesi x. com /b urning-needs 01. A bout U s

Slide 7

Slide 7 text

Alchemist Accelerator 2n February 2019, Autify became the first Japanese team to graduate from Alchemist Accelerator, a top accelerator in San Francisco, US. Our CEO, Ryo Chikazawa, is also a mentor at Alchemist Accelerator. Alchemist Accelerator 01. About Us

Slide 8

Slide 8 text

VCs And more Global VC backed us 01. About Us

Slide 9

Slide 9 text

02. About Our Business

Slide 10

Slide 10 text

ソフトウェアテストの現状 02. 事業について ソフトウェアテストの現状 Our Global Business 02. About Our Business

Slide 11

Slide 11 text

Our Japan Business 02. About Our Business

Slide 12

Slide 12 text

AI-powered Quality Engineering Platform Autify’s AI- and generative AI-powered products and QA professionals support the entire testing process Generative AI creates test cases AI-powered no-code test automation tool QA/test automation consulting and resource support Test strategy, planning Test design Test case creation Test execution (automation) Reviewing Maintenance, improvement, and operation support 02. About Our Business

Slide 13

Slide 13 text

ソフトウェアテストの現状 Software testing aims to verify that the software is working as expected. Globally, approximately      of companies still test most of their software manually. 75% 1 1 State of testing report 2019 by PractiTest The Current State of Software Testing 02. About Our Business

Slide 14

Slide 14 text

Software Testing has huge potential ※1 Proportion of budget allocated to quality assurance and testing as a percentage of IT spend from 2012 to 2019 by statista ※2 Gartner Says Global IT Spending to Grow 3.7% in 2020 About of the IT budget is spent on testing. This amounts to approximately of the world’s IT budget. 1/3 $1.3 trillion 1 2 02. About Our Business

Slide 15

Slide 15 text

1 How the World Tests 2018 by Zephyr ※ 2 Testing Trends for 2018 by SourceLabs Market Background If it takes too long to update software in a rapidly changing market, you run the risk of failing to meet the user’s needs and expectations. A business looking to succeed can’t afford to lag behind competitors. Over      of teams have shifted to agile development in the last few years. Among them, over    aim to release at least once a week. 90% 70% ※1 ※2 02. About Our Business

Slide 16

Slide 16 text

Manual testing takes too long, making it near impossible to release more than once a week. In agile development, where features are released gradually, a new feature could cause existing features to break. This means developers have to test all main functions at every release. It also means that the test volume increases steadily with each release. Testing in Agile Development 02. About Our Business

Slide 17

Slide 17 text

Burning Needs for Testing Automation You cannot accelerate the release cycle without automation. However, there are two main challenges that prevent developers from taking the first step... 1. Automation talent shortage Automation is virtually impossible without the ability to write code with Selenium. However, there are not enough engineers to achieve this. 2. Huge cost to maintain test scripts Even after automation, agile development means the UI and specifications keep changing. Automated scripts will soon break, resulting in a significant amount of time wasted on maintenance. 02. About Our Business

Slide 18

Slide 18 text

Since its launch, Autify has focused on developing AI-based UI element recognition technology. We will continue to develop AI technology and release AI-powered features that users can use throughout the test flow – from test case design, test creation and execution, to test scenario maintenance – and optimize the entire software development process. MLUI Visual  Regression Visual Self Healing Visual Assertion Autify Vision AI Features Core Technology Autify Generate Scenario Creation ChatGPT Autify AI Labs Autify AI Labs Just like the human eye, Autify’s proprietary AI feature recognizes elements AI suggests various ideas related to testing 02. About Our Business

Slide 19

Slide 19 text

In order to become the world’s best test automation platform, we have valued diverse perspectives in our product development from the very beginning. Today, Autify is used by many teams around the world to support their agile development and accelerate their release cycles. as of June, 2024 Autify’s Solution 02. About Our Business

Slide 20

Slide 20 text

Case Studies 02. About Our Business

Slide 21

Slide 21 text

03. Our Team

Slide 22

Slide 22 text

Autify Values Solve burning needs 1 2 3 Aim high, stay grounded Be selfless AThese are the values that Autify members live by. We discussed what actions we need to take to achieve our big goals in the long-term and narrowed them down. 03. Our Team

Slide 23

Slide 23 text

Solve burning needs Solve burning needs We identify core issues and solve them in the fastest and most effective way in every situation. - Problem first Always think about the fundamental problem, and discuss while distinguishing problem from solution, and fact from speculation. - Find the shortest path Produce results in the shortest time without spending too much time searching for perfection. - Dig deeper Uncover the true intention by asking appropriate questions, and step into their shoes without making assumptions. 03. Our Team

Slide 24

Slide 24 text

Aim high, stay grounded Aim high, stay grounded Aim high, stay grounded We continue to learn while remaining humble and boldly challenge ourselves to reach high goals. - High and clear ideals Always set high and clear ideals. - Self-driven Draw a concrete path to fill the gap between the goal and the current situation and move yourself and others independently and proactively - Self-awareness Capture your current position objectively and correctly without being over-confident or conceited. 03. Our Team

Slide 25

Slide 25 text

Be selfless We do what is best for Autify, rather than for yourself or your group, and take initiative. - Bird's-eye view We broaden our viewpoints and look at things from a company-wide perspective. - Feedback-oriented We proactively socialize our ideas, give feedback, and act on diverse perspectives. - Transparency To share the context and grasp the full picture, we actively seek out information and share it with peers. “Be selfless” 03. Our Team

Slide 26

Slide 26 text

2011年4月にDeNAに新卒入社、エンジニアとして複数の海外向けソーシャルゲームの開 発・運用を経験。2014年12月 FiNC Technologiesに最初の中途エンジニアとして入社。 法人向けサービスの立ち上げを牽引し、のちにエンジニアリングマネージャー、プロダ クトマネージャー、品質部門の責任者など開発現場における様々な経験を経て、2018年 執行役員 VP of Engineeringに就任。全社のプロダクト開発やエンジニアチームの組織変 革・マネジメントに従事。2020年7月、オーティファイ株式会社に参画。 Thomas Santonja 清水 隆之 代表取締役CEO VP of Engineering VP of Revenue Thomas has 16 years of experience as a software engineer and a technical leader, having worked in France, Australia, and Canada in various industries, including telecommunications, nuclear waste logistics and medical imaging. He was the Director of Application at SSENSE, the largest fashion commerce retailer in Canada, and joined Autify in 2022 as VP of Engineering. He has managed many engineers and worked to develop no-code test automation technologies that utilize AI and emerging technologies. Chiharu joined Deloitte Touche Tohmatsu LLC in 2012, where he worked in audit and consulting mainly for startups, and helped several companies go public in Japan. In 2016, he moved to Deloitte Singapore and was responsible for assisting local companies in Singapore, Myanmar, and Cambodia with audit, tax, and incorporation. He joined Autify in March 2022 and is now Vice President of Finance, responsible for investor relations, bank communications, business planning and management, and legal affairs. Chiharu holds Japanese and American CPA licenses. Thomas Santonja Chiharu Goto VP of Engineering CFO R yo has been worked in software development for over ten years. Having worked as a software engineer in Japan, Singapore, and San Francisco, he has developed a # 1 social game at DeNA, led product development as a product engineer at Viki in Singapore, moved to San Francisco to participate in a local startup as an initial member. He founded Autify, Inc. in 2016. Ryo Chikazawa CEO Takayuki developed and operated a social game software targeted towards overseas users at DeNA. He joined FiNC Technologies in 2014 , launching services for corporations and managing PM and the q uality department. As the executive offi cer VP of Engineering, he oversaw product development and organizational management of the entire company. In July 2020, he was appointed as COO at Autify Inc. Takayuki Shimizu CSO Mil an R amadev VP of Produ ct Milan has 20 years of leadership experience in areas such as product, marketing, and analytics, including seven years as an engineer in the aerospace industry. He has worked primarily with world-leading e- commerce and fi ntech companies in the U S, Japan, Thailand, and South K orea. Most recently, Milan was a product manager at Coupang Pay in South K orea, where he launched a new credit card product in O ctober 2023 . He joined Autify in 2024 and is committed to developing the best user experience from a product design perspective, leveraging rapidly evolving AI technologies. Management Team Since joining KDDI in 1991, Ju n has held variou s corporat e sales and sales manager posit ions at companies su ch as Apple, Cisco Syst ems, and Microsoft Japan. From 2022, he oversaw sales for GoogleCloud's API Management Plat form in Japan, where he worked on market expansion. He joined Aut ify, Inc. in Au gu st 2024. Ju n is committ ed t o bringing valu e t o more cu st omers by solving t heir bu siness and d evelopment challenges wit h Aut ify. Jun Ni shid a VP of Sales 03. Our Team

Slide 27

Slide 27 text

Organization chart CEO Strategy Product Product Management UI/UX Customer Success Implementation Success Customer Support Pro Service Sales Strategic Scale Commercial Marketing Revenue Operation Revenue, Korea Revenue, US Sales & Marketing Customer Success 25 11 16 1 1 4 6 Engineering Architecture Cygnus Atlas Proxima Genesis Mobile SRE Corporate Human Resource IT & Administration Accounting Legal 45 11 03. Our Team

Slide 28

Slide 28 text

04. Work Environment

Slide 29

Slide 29 text

Basic Information Basic Work Rule6 P Work Hours: FlexiblY P Place of Work: Remote or Tokyo officY P Holidays Saturdays, Sundays, National holidays, Year-end and New Year holiday6 P Annual Leaves: Unlimited (Legal paid leaves: 10 paid leaves and 5 sick leaves) Benefit6 P Social Insurance System: Health insurance, Nursing insurance, Social pension, Accident insurance and Unemployment insurancY P Remotework Allowance ¥10,000/mont‚ P Rental PC and Device6 P English Learning Support Program (Only for those who need help); up to ¥10,000/mont‚ P Skill-up Support Allowance: up to ¥10,000/month 04. Work Environment

Slide 30

Slide 30 text

Diversity & Inclusion We don’t think an organization with only Japanese staff can create a service that will succeed in the international market. At Autify, we value diversity and welcome members from a wide range of backgrounds. We celebrate diverse values and work styles. Diversity & Inclusion 04. Work Environment

Slide 31

Slide 31 text

In general, all employees work remotely. However, in January 2021, we opened the Autify Tokyo Office in Higashi- Nihonbashi as a place where employees can come to work and meet whenever they want. It's used for quarterly all- hands meetings, as well as when it's difficult to work from home or when they want a change of scenery. Japan Office

Slide 32

Slide 32 text

10:00-12:00 Work 13:00-17:30 Work Lunch 13:00-16:00 Work 17:30-19:30 Work Lunch Chores Breakfast Chores Chores Dinner Chores Breakfast Chores 11:00-15:00 Work 9:00-12:00 Work 18:00-22:00 3:00-10:30 Child Pick up Child Drop off Work Lunch English
 Study Gaming Dinner Movies Family time, Internet/Study Gaming Sleep 0:30-07:30 Sleep 23:30-06:30 Sleep Breakfast Childcare friendly Dinner Chores Chores & hobbies Hobby life 7:00-8:30 Work We have introduced a full-flex system to accommodate family demands and work comfortably. Members communicate with their team and set their own working hours. Work-Life Balance 04. Work Environment

Slide 33

Slide 33 text

Compensation consists of the following three components. Bonuses are paid twice a year, semi-annually. The amount is calculated by multiplying 1/2 of the basic salary by a performance coefficient. Compensation System (Japan Branch) 04. Work Environment

Slide 34

Slide 34 text

In anticipation of the rapid expansion of the organization, we created a system that allow a fair evaluation of each staff. We are working to build a strong organization that can continue to achieve challenging goals in the long term. Members are evaluated twice a year, and the Job Grade and Experience Level are reviewed based on the output. Evaluation System 04. Work Environment

Slide 35

Slide 35 text

Compensation is determined by the combination of Job Grade and Experience Level. There are 7 Job Grades in total. The Experience Level divides each Job Grade into three stages. (For example, Intermediate II/Growing) ¥18,000,000 ¥16,000,000 ¥14,000,000 ¥12,000,000 ¥10,000,000 ¥8,000,000 ¥4,000,000 ¥2,000,000 ¥0 ¥6,000,000 Junior Intermadiate I Intermadiate II Senior I Senior II Staff I Staff II/VP G1 G2 G3 G4 G5 G7 G6 Partially meets requirements Meet requirements Consistently meets requirements with high reproducibility. Meets the requirements for the following Job Grade Learning Growing Thrrving Experience level Job Grade and Experience Level 04. Work Environment

Slide 36

Slide 36 text

¥18,000,000 ¥16,000,000 ¥14,000,000 ¥12,000,000 ¥10,000,000 ¥8,000,000 ¥4,000,000 ¥2,000,000 ¥0 ¥6,000,000 Junior Intermadiate I Intermadiate II Senior I Senior II Staff I Staff II/VP G1 G2 G3 G4 G5 G7 G6 Grade Percentage of Full-Time Employees as of MAy2024 unlimited ¥15,380,859 ¥12,304,688 ¥9,843,750 G4 44.4% G5 18.5% G3 25.9% G2 7.4% G7 3.7% Compensation ladder - General 04. Work Environment

Slide 37

Slide 37 text

Compensation ladder - Sales & Marketing, Engineering ¥20,000,000 ¥17,500,000 ¥15,000,000 ¥12,500,000 ¥10,000,000 ¥5,000,000 ¥2,500,000 ¥0 ¥7,500,000 unlimited ¥16,992,188 ¥13,593,750 ¥10,875,000 ¥8,700,000 ¥6,960,000 ¥5,568,000 Junior Intermadiate I Intermadiate II Senior I Senior II Staff I Staff II/VP G1 G2 G3 G4 G5 G7 G6 Grade Percentage of Full-Time Employees as of May,, 2024 G4 62.2% G5 16⁨.3% G3 14.7% G2 1.6% G7 3.2% G6 1.6% Compensation ladder - Sales & Marketing, Engineering 04. Work Environment

Slide 38

Slide 38 text

Since Autify is headquartered in the US, staff are granted stock options. The stock options have a four-year vesting period, with a one-year cliff. After one year of service, you will receive the first 25% of the options, after which you will receive 1/48 of the options every month for the remaining three years. All staff is eligible, and additional options may be granted depending on performance. Stock Options granted from Autify, Inc., US 04. Work Environment

Slide 39

Slide 39 text

05. Autify’s Technology

Slide 40

Slide 40 text

Autify isn’t your average web-based service. Our tech goes one step forward. For all of you development engineers, let’s take a look at the strengths of Autify’s technology. At Autify, there are three main technical fields; frontend, backend, and machine learning. Each engineer is a professional in at least one field, but they all interact with the main application, Rails. Autify’s Technology 05. Autify’s Technology

Slide 41

Slide 41 text

Will you become proficient in programming languages and frameworks? Absolutely! But that’s not all. You will also have the opportunity to take a deep dive into cutting-edge frontend technologies through running E2E tests on various web services. Going beyond the framework: Rethinking frontend technology Frontend engineers at Autify carry out a wide range of tasks. We use JavaScript for handling parts that are visible for users, as well as in logics that are responsible for test execution. Frontend engineers also develop the Chrome Extension with which users record Test Scenarios. Because of the nature of E2E testing, you will need to have a deep understanding of how technologies such as HTML, CSS, and JavaScript are used in the user’s web services. Proactively add value by thinking and implementing excellent UI and UX One of our main selling points is that anyone can use Autify to automate E2E testing. This is why the frontend has the critical role of creating an excellent UI and UX. Also, because the value that Autify provides is an increase in productivity through automation and increased efficiency, the frontend quality directly impacts the advantage and value of the service. Frontend 05. Autify’s Technology

Slide 42

Slide 42 text

Layers below the main application written in Rails, including the mechanism that executes tests, are collectively called backend. An efficient and scalable solution for handling a large number of complex requests A base mechanism for executing tests must respond quickly to general requests to web services and E2E test requests. E2E test requests are challenging to handle because they are executed at random times, whereas execution time and resources are handled as a batch. Apply the expertise in container technology to achieve a high level of speed, flexibility, and reliability We heavily utilize container technology to execute tests and return the results to users cost-effectively. While we proactively adopt new technologies in areas where unique solutions are necessary, there are some areas where we have chosen orthodox technology. That’s how we achieve faster development, flexibility, and reliability. Backend 05. Autify’s Technology

Slide 43

Slide 43 text

Autify uses the power of AI to automatically detect changes in the test target during tests. But that’s not all. As we continue evolving, we will utilize machine learning in various other ways. A large amount of data is accumulated every day Autify accumulates various data related to E2E tests, such as the Test Scenarios executed so far, the modification history, success/failure history, and change in the test target. The more we use these types of data to improve Autify, there will be more demand for our services. This will lead to more data, creating a positive feedback loop. Reimagining test experience with ML Using this data for machine learning opens up new possibilities. Not only can we detect changes, but we can also start proposing Test Scenarios based on the characteristics of the test target. Machine Learning 05. Autify’s Technology

Slide 44

Slide 44 text

06. Recruitment Process

Slide 45

Slide 45 text

Recruitment Process One of the most significant issues in recruitment is that evaluation isn’t consistent between interviewers. To solve this, Autify has created structured interviews which have standardized criteria for selecting candidates. We also focus on hiring people who agree with our business vision and can make a long-term contribution by confirming candidates from each set of perspectives at each interview. Nervous about going straight into the recruitment process? Autify holds casual interviews to clarify any questions that candidates may have. These interviews are not evaluated. The purpose of casual interviews is to help you understand our mission and vision, why we are hiring that particular position and the job responsibilities. If you are interested in taking part in a casual interview, please apply here https://jobs.lever.co/Autify/aea8c95e-97f3-4ada-a098-e3b4587daab2 Recruitment at Autify 06. Recruitment Process

Slide 46

Slide 46 text

Casual Chat Resume Screening Online Coding Test(Only technical positions) HR interview Technical Interview Final interview Based on the initial interviews, our Management Team will make a final confirmation whether you are compatible with our company. We will consider whether your personality, motivation, vision/culture matches ours to determine if you’re the type of person who can work with us towards the same goal. We will check other skills such as your thought process during problem-solving. We will review how you can immediately start contributing to the team. In addition, we will consider whether you will realize your career aspirations at Autify to prevent any mismatch of expectations. Offer Meeting Reference Check Casual Chat Offer Meeting HR interview Online Coding Test Resume Screening Technical interview Final interview Reference Check Recruitment Process 06. Recruitment Process

Slide 47

Slide 47 text

https://autify.jp/careers Join us. From anywhere