Leapwork

Leapwork

A no-code test automation platform for enterprises.

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DateInvestorsAmountRound
-investor

€0.0

round
investor

€0.0

round

$62.0m

Valuation: $312m

-29.3x EV/EBITDA

Series B
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR2018201920202021202220232024
Revenues0000000000000000000000000000
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about Leapwork
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Leapwork is a unique startup that offers a simple solution for automating complex tests. It operates in the software testing market, providing a platform that works across all application types - from web to desktop and virtual applications. The company's primary clients are businesses that require software testing, particularly those using Microsoft Dynamics 365.

Leapwork's business model revolves around its AI-powered visual test automation platform. This platform allows users to build, maintain, and scale automation faster. It provides a no-code experience for test creation, empowering a larger percentage of customers to implement automated testing effectively. This not only enhances the quality of their service experience but also lowers the total cost of ownership, creating a win-win situation for both Leapwork and its clients.

The company makes money by selling subscriptions to its platform. The platform offers various features, such as the ability to manage, plan, document, execute, and report tests, breaking down silos within software development teams. It also includes a smart recorder for automating functional UI tests and the ability to turn common steps into reusable sub-flows, reducing maintenance and development bottlenecks.

Leapwork's platform also provides tools for troubleshooting failed tests and supports testing on multiple physical devices or through the cloud. This versatility allows the platform to scale with the client's needs, further enhancing its value proposition.

Keywords: Test Automation, Software Testing, AI-Powered, Visual Platform, No-Code Experience, Microsoft Dynamics 365, Functional UI Tests, Cloud Testing, Scalable, Subscription Model.

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