Swarmia raises €10M to power engineering productivity
Helsinki, Finland – Swarmia, a SaaS company building the most comprehensive software engineering intelligence platform in the market, has raised €10 million in new funding. The round was led by DIG Ventures and Karma Ventures, with participation from notable angel investors, including Open AI’s Head of Developer Experience Romain Huët and Cal Henderson, Co-founder and former CTO of Slack.
Founded in 2019 by serial entrepreneur Otto Hilska, Swarmia helps software engineering teams improve developer productivity and experience to drive better business outcomes. The platform provides real-time insights into product development, enabling data-driven decision-making, streamlined reporting, and smoother cross-team collaboration.
“All companies are now looking for profitability and growth. Sustainable growth starts with a well-oiled team of engineers, who work toward a shared goal and deliver world-class products to the market effectively”, says Otto Hilska, founder and CEO of Swarmia.
“Swarmia helps organizations master the three pillars of engineering effectiveness. These three pillars, business outcomes, developer productivity, and developer experience, all directly contribute to how any company can grow and succeed. With Swarmia, engineering leaders can align work with business goals, managers can streamline development processes, and developers can focus on high-value tasks with fewer interruptions.”
Software engineering intelligence is an emerging category. According to Gartner, the adoption of these tools is expected to grow from 5% to 70% of companies in the coming years. The growth reflects a major shift in managing engineering organizations; engineering leaders now focus on creating systems that help teams prioritize work and deliver customer value more efficiently. However, many organizations struggle to adopt modern practices due to insufficient data and challenges in applying it strategically. Swarmia addresses this challenge by combining carefully selected quantitative metrics with qualitative survey data.
“Most developer tools today simply display data. While data visualization serves a purpose, the real challenge lies in helping engineering teams interpret this data and act on it effectively. Swarmia provides engineering teams with actionable recommendations to drive better business outcomes and profitable growth,” Hilska says.
Swarmia’s client portfolio includes leading global companies such as Docker, Webflow, Engine, Miro, Trustpilot, and Pleo. As Swarmia expands its presence in the US market, it continues to strengthen its move upmarket.
“We’re thrilled to enter this next growth phase. We already support several Fortune 500 companies that rely on our platform not just to process their large quantities of data, but also to receive real-time recommendations for the actions they should take,” Hilska concludes.
“Swarmia is redefining software engineering intelligence at a time when adoption is moving into the mainstream, and we’re really excited to partner with them. It’s inspiring to see a leader in the space emerging from Europe. What really stood out in our conversations with Swarmia customers was the ease of adoption and the genuine relief of engineering leaders in top-tier software companies, finally having a unified data source to confidently lead their engineering teams,” says Kristjan Laanemaa, Founding Partner at Karma Ventures.
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About Swarmia
Founded in 2019 by serial entrepreneur Otto Hilska, Swarmia is a SaaS product that helps software organizations of all sizes to continuously improve their business outcomes, developer productivity, and developer experience. Today, Swarmia serves some of the world’s best software companies, including Docker, Miro, and Webflow.
Additional information
Pinja Dodik
Swarmia, Head of Marketing
pinja@swarmia.com
