About Applause
Applause is a company based in Framingham (United States) founded in 1966 was acquired by Testimonial Hero in November 2020.. Applause has raised $115.9 million across 8 funding rounds from investors including Goldman Sachs, Accenture and Credit Suisse. Applause has completed 2 acquisitions, including Apphance and Test Hub. Applause offers products and services including Crowdtesting, Manual Functional Testing, Automated Functional Testing, Accessibility Testing, and AI Training and Testing. Applause operates in a competitive market with competitors including Bugcrowd, UNGUESS, Testbirds, TestIO and Rainforest QA, among others.
- Headquarter Framingham, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Applause App Quality, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$115.9 M (USD)
in 8 rounds
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Latest Funding Round
$35.1 M (USD), Series F
Dec 21, 2016
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Investors
Goldman Sachs
& 11 more
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Employee Count
Employee Count
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Investments & Acquisitions
Apphance
& 1 more
- Acquired by
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Products & Services of Applause
Applause offers a comprehensive portfolio of products and services, including Crowdtesting, Manual Functional Testing, Automated Functional Testing, Accessibility Testing, and AI Training and Testing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Community-based testing for digital quality and real-world feedback
Manual checks for app bugs and usability issues
Automated processes for efficient app functionality testing
Ensures digital products are inclusive for all users
Evaluates AI models for accuracy and bias reduction
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Funding Insights of Applause
Applause has successfully raised a total of $115.9M across 8 strategic funding rounds. The most recent funding activity was a Series F round of $35.1 million completed in December 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series F — $35.1M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Series F - Applause | Valuation | Credit Suisse | |
| Jan, 2014 | Amount | Series E - Applause | Valuation | Goldman Sachs | |
| Dec, 2011 | Amount | Series D - Applause | Valuation | QuestMark Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Applause
Applause has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Accenture and Credit Suisse. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Expansion stage tech-focused VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are focused on US companies.
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Founded Year | Domain | Location | |
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Waiting list management and analyses services in the technology sector.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Applause
Applause has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Apphance and Test Hub. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Crowdsourced app testing on real devices is facilitated.
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2011 | ||||
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Usability testing tool for developers to detect crashes and get user feedback
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Applause
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Applause Comparisons
Competitors of Applause
Applause operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bugcrowd, UNGUESS, Testbirds, TestIO and Rainforest QA, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Crowdsourced penetration testing for web applications is provided.
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| domain | founded_year | HQ Location |
Crowd testing, quality optimization, experience, and security solutions are provided.
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| domain | founded_year | HQ Location |
Crowd-testing platform for websites and mobile applications is operated.
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| domain | founded_year | HQ Location |
Crowdsourced mobile app testing is facilitated by TestIO.
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| domain | founded_year | HQ Location |
QA as a service
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Applause
Frequently Asked Questions about Applause
When was Applause founded?
Applause was founded in 1966 and raised its 1st funding round 31 years after it was founded.
Where is Applause located?
Applause is headquartered in Framingham, United States. It is registered at Framingham, Massachusetts, United States.
Is Applause a funded company?
Applause is a funded company, having raised a total of $115.9M across 8 funding rounds to date. The company's 1st funding round was a Series D of $17M, raised on Sep 01, 1997.
What does Applause do?
Applause was founded in 1966 and is headquartered in Framingham, United States. Operations focus on the software testing sector, where crowdsourced solutions are provided for automated testing, user experience evaluation, AI-driven assessments, and security checks. Integration with development tools, APIs, bug tracking systems, and verification environments is supported. Codeless automation and test case management features are included to streamline processes.
Who are the top competitors of Applause?
What products or services does Applause offer?
Applause offers Crowdtesting, Manual Functional Testing, Automated Functional Testing, Accessibility Testing, and AI Training and Testing.
How many acquisitions has Applause made?
Who are Applause's investors?
Applause has 12 investors. Key investors include Goldman Sachs, Accenture, Credit Suisse, QuestMark Partners, and Scale Venture Partners.
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