Hoverfly

London, United Kingdom Founded: 2015 • Age: 11 yrs Acquired By iOCO
API simulations for testing are created using Hoverfly tool.

About Hoverfly

Hoverfly is a company based in London (United Kingdom) founded in 2015 was acquired by iOCO in June 2023.. The company has 14 employees as of July 31, 2021. Hoverfly offers products and services including API Simulation Platform, Performance Testing Tool, and Functional Testing Service. Hoverfly operates in a competitive market with competitors including INSPIREDCODE, Api On Cloud, API Simulations, jirtdan and Minuteman Software, among others.

  • Headquarter London, United Kingdom
  • Employees 14 as on 31 Jul, 2021
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ioco Solutions Limited
  • Date of Incorporation 11 Mar, 2008
  • Jurisdiction HERTFORD, HERTFORDSHIRE, ENGLAND
Operational Areas
Technology → Software Development & Engineering
Key Metrics
  • Annual Revenue
    $4.87 M (USD)
    10
    as on Jul 31, 2022
  • Net Profit
    $217.28 K (USD)
    -21
    as on Jul 31, 2022
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    14

    as on Jul 31, 2021

  • Acquired by
    iOCO

    (Jun 22, 2023)

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Products & Services of Hoverfly

Hoverfly offers a comprehensive portfolio of products and services, including API Simulation Platform, Performance Testing Tool, and Functional Testing Service. 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.

Primary

Platform for simulating APIs to enable efficient development and testing.

Tool for cost-effective performance testing of software systems.

Service for seamless functional testing without live system disruptions.

Funding Insights of Hoverfly

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hoverfly

Hoverfly has secured backing from 1 investor. Prominent investors backing the company include iOCO. 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.

All
Investor Description Founded Year Domain Location
Company focused on cloud services, IT infrastructure optimization, and automation
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hoverfly

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hoverfly

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hoverfly Comparisons

Employees
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Competitors of Hoverfly

Hoverfly 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 INSPIREDCODE, Api On Cloud, API Simulations, jirtdan and Minuteman Software, 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.

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Offers cloud-based API mocking for development, testing, and simulation services.
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Simulates APIs for testing, development, and dependency management in applications.
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Provides comprehensive API simulation tools for developers.
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Delivers comprehensive API simulation software solutions.
Company Name Domain Founded year HQ Location Description
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hoverfly

Frequently Asked Questions about Hoverfly

When was Hoverfly founded?

Hoverfly was founded in 2015.

Where is Hoverfly located?

Hoverfly is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

How many employees does Hoverfly have?

As of Jul 31, 2021, the latest employee count at Hoverfly is 14.

What is the annual revenue of Hoverfly?

Annual revenue of Hoverfly is $4.87M as on Jul 31, 2022.

What does Hoverfly do?

Hoverfly was founded in 2015 in London, United Kingdom, by SpectoLabs within the software sector. API simulations are generated to substitute test systems and limited sandboxes, operating on MacOS, Windows, or Linux through Java or Python bindings. Latency and failures are replicated via custom scripts. HTTP requests and responses are captured using the hoverctl command-line tool. Hosted simulations for CI pipelines are available through Hoverfly Cloud at 30 per month.

Who are the top competitors of Hoverfly?

Hoverfly's top competitors include INSPIREDCODE, Api On Cloud and API Simulations.

What products or services does Hoverfly offer?

Hoverfly offers API Simulation Platform, Performance Testing Tool, and Functional Testing Service.

Who are Hoverfly's investors?

Hoverfly has 1 investor. Key investors include iOCO.

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