Undo secures $37m growth investment led by Elsewhere Partners

By Milan Rojan

Undo has secured a $37 million growth investment led by Elsewhere Partners to support product development and international expansion of its AI-powered software diagnostics platform.

The Cambridge-based company has developed root cause analysis technology designed to help engineering teams identify and resolve software issues across development, testing and production environments. Its platform has been adopted by organisations operating in sectors including financial services, semiconductors, databases and networking.

Undo has said the investment will be used to accelerate product development and expand its presence across the United States and Europe. The company has also outlined plans to increase investment in customer support and go-to-market operations as demand for AI-enabled software engineering tools has continued to evolve.

Greg Law, Founder and CEO of Undo, said: “This investment allows us to accelerate at exactly the right moment – embedding Undo into AI workflows, scaling our commercial reach, and ensuring we are an essential part of how engineering teams operate in this new, AI-first world.”

The company has said its technology has captured software execution data to provide additional context for engineers and AI systems investigating software failures and performance issues. Undo has positioned the platform as a tool for supporting software diagnostics across complex enterprise environments.

Rod Favaron, Operating Partner at Elsewhere Partners, said: “Undo ensures engineering teams can effectively operate complex systems in an AI-first world and provide the essential runtime context for enterprise-grade, AI-assisted software.”

As part of the transaction, Favaron has been appointed Executive Chair of Undo’s Board of Directors. The company has said it has also gained access to the expertise and network of Elsewhere Partners’ operating executives and advisors to support future growth initiatives.

The funding has reflected continued investor interest in AI-focused software development technologies, as organisations have increasingly explored tools designed to improve operational efficiency, automate workflows and support the management of complex software environments.