About Leapwork
Leapwork is a company based in Copenhagen (Denmark) founded in 2015 by Christian Brink Frederiksen.. Leapwork has raised $79.61 million across 5 funding rounds from investors including KKR, DN Capital and Headline. The company has 149 employees as of April 06, 2024. Leapwork offers products and services including Leapwork Platform. Leapwork operates in a competitive market with competitors including Sauce Labs, Headspin, Tricentis, Spirent and BrowserStack, among others.
- Headquarter Copenhagen, Denmark
- Employees 149 as on 06 Apr, 2024
- Founders Christian Brink Frederiksen
- Stage Minicorn
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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 Leapwork India Private Limited
- Date of Incorporation 13 Oct, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$530.43 K (USD)45.95as on Mar 31, 2021
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Net Profit
$42.37 K (USD)-16.91as on Mar 31, 2021
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EBITDA
$82.21 K (USD)-0.42as on Mar 31, 2021
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Total Equity Funding
$79.61 M (USD)
in 5 rounds
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Latest Funding Round
$62 M (USD), Series B
Aug 26, 2021
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Investors
KKR
& 3 more
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Employee Count
149
as on Apr 06, 2024
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Products & Services of Leapwork
Leapwork offers a comprehensive portfolio of products and services, including Leapwork Platform. 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.
AI-powered tool for creating and running automated tests
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Funding Insights of Leapwork
Leapwork has successfully raised a total of $79.61M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $62 million completed in August 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 5
- Last Round Series B — $62.0M
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First Round
First Round
(09 Feb 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series B - Leapwork | Valuation | KKR | |
| Jun, 2021 | Amount | Series A - Leapwork | Valuation |
investors |
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| Apr, 2019 | Amount | Series A - Leapwork | Valuation | Headline , DN Capital |
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| 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 Leapwork
Leapwork has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include KKR, DN Capital and Headline. 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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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Venture capital firm focused on software, fintech, marketplaces, and consumer internet
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups across multiple sectors.
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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 Leapwork
| 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 |
Financial Statements - Leapwork
| 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 |
Leapwork Comparisons
Competitors of Leapwork
Leapwork 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 Sauce Labs, Headspin, Tricentis, Spirent and BrowserStack, 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 |
Cloud based cross browser testing solutions provider
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| domain | founded_year | HQ Location |
Cloud-based IT experience and continuous testing solutions are offered.
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| domain | founded_year | HQ Location |
AI powered software testing suite
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| domain | founded_year | HQ Location |
Provider of automated testing and assurance solutions for networks, security, and positioning
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| domain | founded_year | HQ Location |
Cloud based suite of software testing solutions
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| domain | founded_year | HQ Location |
AI-powered test automation platform for enterprise resource planning is provided.
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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 Leapwork
Frequently Asked Questions about Leapwork
When was Leapwork founded?
Leapwork was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Leapwork located?
Leapwork is headquartered in Copenhagen, Denmark.
Who is the current CEO of Leapwork?
Christian Brink Frederiksen is the current CEO of Leapwork. They have also founded this company.
Is Leapwork a funded company?
Leapwork is a funded company, having raised a total of $79.61M across 5 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Feb 09, 2017.
How many employees does Leapwork have?
As of Apr 06, 2024, the latest employee count at Leapwork is 149.
What is the annual revenue of Leapwork?
Annual revenue of Leapwork is $530.43K as on Mar 31, 2021.
What does Leapwork do?
Founded in 2015 and headquartered in Copenhagen, Denmark, Leapwork operates in the software testing and automation sector. Test automation flows are designed visually without coding by technical specialists and non-developers. Tests are automated across various functions and processes, with reusable components built and external data utilized to drive operations. Maintenance is streamlined through logs, and live support is provided. Clients such as Mercedes-Benz and PayPal are served.
Who are the top competitors of Leapwork?
Leapwork's top competitors include BrowserStack, LambdaTest and Headspin.
What products or services does Leapwork offer?
Leapwork offers Leapwork Platform.
Who are Leapwork's investors?
Leapwork has 4 investors. Key investors include KKR, DN Capital, Headline, and Salesforce Ventures.
What is Leapwork's valuation?
The valuation of Leapwork is $312M as of Aug 2021.
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