Neotys

Neotys

Helps companies improve quality, speed, and reliability on web and mobile applications.

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DateInvestorsAmountRound
-investor

€0.0

round
N/A

€0.0

round
investor investor

€0.0

round

N/A

Acquisition
Total Funding000k

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Revenues, earnings & profits over time
EUR2016201720182019202020212022
Revenues0000000000000000000000000000
% growth20 %3 %17 %6 %5 %35 %32 %
EBITDA0000000000000000000000000000
% EBITDA margin-(2 %)(6 %)1 %(24 %)28 %31 %
Profit0000000000000000000000000000
% profit margin(12 %)(1 %)(3 %)4 %(27 %)28 %26 %
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 Neotys
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Neotys, founded in 2005, established itself as a specialized provider of software performance testing solutions before its acquisition by Tricentis in March 2021. The company was started in Gémenos, France, by a team of software developers and IT project managers, including co-founder Thibaud Bussière, who identified a market need for robust web application performance testing before deployment. Bussière, who began his career as a developer and architect, served as CEO and played an active role in R&D before shifting his focus to corporate strategy and management.

The firm's core business revolves around its flagship product, NeoLoad, an automated performance testing platform. Neotys catered to enterprise clients, helping them ensure the reliability and scalability of their software applications, from legacy systems to modern mobile and API-based architectures. Its business model centered on selling licenses for the NeoLoad platform, supplemented by professional services and support through a global partner network. This strategy allowed Neotys to build a client base of over 600 enterprise customers, including prominent names like Dell, Lufthansa, and Verizon.

NeoLoad is engineered to simplify and accelerate end-to-end load testing within Agile and DevOps frameworks. A key feature is its no-code, GUI-based environment for designing and maintaining tests, which makes performance testing accessible to a broader range of team members, not just specialized engineers. The platform simulates realistic user traffic, sometimes up to millions of users, to identify performance bottlenecks and provides detailed analytics for root cause analysis. It integrates with a wide array of DevOps tools and supports enterprise applications such as SAP, Oracle, and Salesforce, offering deployment on-premise, in the cloud, or in a hybrid model. This focus on integration and automation within continuous delivery pipelines was a primary driver behind its acquisition by Tricentis, aimed at creating a comprehensive, AI-driven continuous testing platform.

Keywords: Neotys, NeoLoad, Tricentis, performance testing, load testing, automated testing, continuous testing, DevOps, Agile development, software quality assurance, API testing, application performance management, Thibaud Bussière, enterprise software, test automation, SAP testing, continuous integration, end-to-end testing, performance engineering, root cause analysis

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