About BrowserStack
BrowserStack is a company based in Mumbai (India) founded in 2011 by Ritesh Arora and Nakul Aggarwal.. BrowserStack has raised $253.3 million across 4 funding rounds from investors including Accel, BOND and Insight Partners. The company has 926 employees as of April 08, 2024. BrowserStack has completed 5 acquisitions, including Bird Eats Bug, GreyAtom and Nightwatch.js. BrowserStack offers products and services including Web Testing, App Testing, Test Automation, and Visual Testing. BrowserStack operates in a competitive market with competitors including Tricentis, LambdaTest, Cypress, SmartBear and Testlio, among others.
- Headquarter Mumbai, India
- Employees 926 as on 08 Apr, 2024
- Founders Ritesh Arora, Nakul Aggarwal
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Browserstack Software Private Limited
- Date of Incorporation 14 May, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$75.19 M (USD)48.15as on Mar 31, 2023
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Net Profit
$13.74 M (USD)51.83as on Mar 31, 2023
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EBITDA
$18.28 M (USD)43.09as on Mar 31, 2023
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Total Equity Funding
$253.3 M (USD)
in 4 rounds
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Latest Funding Round
$200 M (USD), Series B
Jun 16, 2021
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Investors
Accel
& 8 more
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Employee Count
926
as on Apr 08, 2024
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Investments & Acquisitions
Bird Eats Bug
& 4 more
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Products & Services of BrowserStack
BrowserStack offers a comprehensive portfolio of products and services, including Web Testing, App Testing, Test Automation, and Visual 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.
Platform for cross-browser testing on real devices to identify issues.
Service for testing mobile apps on real iOS and Android devices.
Tools to automate browser and app testing for faster releases.
Platform for detecting visual bugs in web and app interfaces.
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Funding Insights of BrowserStack
BrowserStack has successfully raised a total of $253.3M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $200 million completed in June 2021. 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 4
- Last Round Series B — $200.0M
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First Round
First Round
(11 Jan 2018)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series B - BrowserStack | Valuation | Bond Capital | |
| Apr, 2021 | Amount | Series A - BrowserStack | Valuation |
investors |
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| Feb, 2020 | Amount | Series A - BrowserStack | Valuation |
investors |
| 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 BrowserStack
BrowserStack has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accel, BOND and Insight Partners. 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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Investments in multiple sectors are made by Bond Capital.
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Founded Year | Domain | Location | |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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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 BrowserStack
BrowserStack has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Bird Eats Bug, GreyAtom and Nightwatch.js. 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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Cloud based API mocking tool
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2021 | ||||
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Cloud-based solutions for bug fixing and reporting are offered.
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2019 | ||||
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Provider of courses on data science for individuals and corporate
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2016 |
| 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 - BrowserStack
| 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 |
Browserstack Comparisons
Competitors of BrowserStack
BrowserStack 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 Tricentis, LambdaTest, Cypress, SmartBear and Testlio, 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 |
AI powered software testing suite
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| domain | founded_year | HQ Location |
Cloud-based cross-browser testing services are provided for web applications.
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| domain | founded_year | HQ Location |
Testing frameworks for JavaScript applications are provided by Cypress.
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| domain | founded_year | HQ Location |
Cloud-based tools for software testing and monitoring are offered.
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| domain | founded_year | HQ Location |
Software testing suite solutions are provided for diverse applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Browserstack
Frequently Asked Questions about BrowserStack
When was BrowserStack founded?
BrowserStack was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Where is BrowserStack located?
BrowserStack is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of BrowserStack?
Ritesh Arora is the current CEO of BrowserStack. They have also founded this company.
Is BrowserStack a funded company?
BrowserStack is a funded company, having raised a total of $253.3M across 4 funding rounds to date. The company's 1st funding round was a Series A of $597.6K, raised on Jan 11, 2018.
How many employees does BrowserStack have?
As of Apr 08, 2024, the latest employee count at BrowserStack is 926.
What is the annual revenue of BrowserStack?
Annual revenue of BrowserStack is $75.19M as on Mar 31, 2023.
What does BrowserStack do?
BrowserStack was founded in 2011 in Mumbai, India, as a provider of cloud-based software testing tools. Operations focus on enabling cross-browser testing for websites and applications, with debugging capabilities and no-code test automation. Metrics are tracked and trends visualized through integrated dashboards. Compatibility with CICD pipelines supports automated test execution. Additional services encompass test management, observability, accessibility checks, and bug documentation, serving the software development sector globally.
Who are the top competitors of BrowserStack?
BrowserStack's top competitors include LambdaTest, Tricentis and Cypress.
What products or services does BrowserStack offer?
BrowserStack offers Web Testing, App Testing, Test Automation, and Visual Testing.
How many acquisitions has BrowserStack made?
BrowserStack has made 5 acquisitions, including Bird Eats Bug, GreyAtom, and Nightwatch.js.
Who are BrowserStack's investors?
BrowserStack has 9 investors. Key investors include Accel, BOND, Insight Partners, Quarkshares, and Ritesh Arora.
What is BrowserStack's valuation?
The valuation of BrowserStack is $4B as of Jun 2021.
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