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One of Africa’s most successful founders is back with a new AI startup and already raised $9M | TechCrunch

Jun 04, 2025 - techcrunch.com
In 2023, Karim Jouini and Jihed Othmani, co-founders of the expense management startup Expensya, sold their company to Medius, a Swedish procurement software firm, in a significant acquisition for an African startup. Despite initially swearing off entrepreneurship, the allure of generative AI led them to establish Thunder Code, a software testing platform powered by AI. Thunder Code has already secured $9 million in seed funding and is gaining traction with paying customers and pilot programs across multiple countries. The platform uses AI-powered agents to simulate QA processes, aiming to tackle slow, manual testing and expand into various testing domains by 2025.

Jouini, who transitioned to a CTO role at Medius, was inspired by the potential of generative AI during his tenure. Thunder Code focuses on speed and core features, applying lessons learned from Expensya. The company is headquartered in Paris with an office in Tunis and aims to capture market share in the software testing industry, projected to exceed $100 billion by 2027. The funding round includes previous Expensya investors and strategic angels, positioning Thunder Code to compete in a crowded market with established players and new entrants.

Key takeaways:

  • Karim Jouini and Jihed Othmani, co-founders of Expensya, have launched a new startup called Thunder Code, a generative AI-powered software testing platform.
  • Thunder Code has secured $9 million in seed funding and is already gaining traction with paying customers and pilot programs in multiple countries.
  • The startup focuses on AI-powered testing agents that simulate QA processes and plans to expand its testing capabilities by 2025.
  • Thunder Code aims to leverage AI to generate significant value with fewer people, positioning itself against legacy platforms and similar new entrants in the software testing market.
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