Leapwork

Copenhagen, Denmark Founded: 2015 • Age: 11 yrs
Platform for automated testing and robotic process automation
Annual revenue $530,435 Latest available
Total funding $79.6M 5 rounds
Employees 149 Tracked headcount
Investors 4 Known backers
Products 1 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Leapwork India Private Limited
  • Date of Incorporation 13 Oct, 2017
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Technology → Robotics, Automation & Advanced Manufacturing Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $530.43 K (USD)
    45.95
    as on Mar 31, 2021
  • Net Profit
    $42.37 K (USD)
    -16.91
    as on Mar 31, 2021
  • EBITDA
    $82.21 K (USD)
    -0.42
    as on Mar 31, 2021
  • Total Equity Funding
    $79.61 M (USD)

    in 5 rounds

  • Latest Funding Round
    $62 M (USD), Series B

    Aug 26, 2021

  • Investors
    KKR

    & 3 more

  • 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.

Product name locked
Category locked
Primary

AI-powered tool for creating and running automated tests

People of Leapwork

Headcount 200-500
Employee Profiles 79
Board Members and Advisors 2
Employee Profiles
People
Chris Schwartz
Content & Product Marketing Manager
People
Jason Hallett
Director Of Sales, Americas
People
Robert Salesas
CTO
People
Tayyab Hanif
Director, MEA & APAC

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Board Members and Advisors
people
Christian Miele
Board Member
people
Massimo Prelz Oltramonti
Chair

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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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
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Venture capital firm focused on software, fintech, marketplaces, and consumer internet
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Investments are made in early-stage tech startups across multiple sectors.
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Investor details for Leapwork

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Investments & Acquisitions by Leapwork

Investments
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Investment portfolio details for Leapwork

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Financial Statements - Leapwork

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Detailed financials for Leapwork

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Leapwork Comparisons

Leapwork Primary company
Description
Platform for automated testing and robotic process automatio...
Location
Copenhagen, Denmark
Founded Year
2015
Annual Revenue
$530.43 K (USD)
Net Profit
$42.37 K (USD)
EBITDA
$82.21 K (USD)
Employees
149
As of 2024
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Peer comparison for Leapwork

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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.

Company Name Domain Founded year HQ Location Description
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Cloud based cross browser testing solutions provider
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Cloud-based IT experience and continuous testing solutions are offered.
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AI powered software testing suite
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Provider of automated testing and assurance solutions for networks, security, and positioning
Locked Locked Locked
Cloud based suite of software testing solutions
Locked Locked Locked
AI-powered test automation platform for enterprise resource planning is provided.
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Detailed competitors of Leapwork

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Latest news on Leapwork

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Complete news archive for Leapwork

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Frequently Asked Questions about Leapwork

Leapwork was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Leapwork is headquartered in Copenhagen, Denmark.

Christian Brink Frederiksen is the current CEO of Leapwork. They have also founded this company.

Leapwork is a funded company, having raised a total of $79.61M across 5 funding rounds to date.

As of Apr 06, 2024, the latest employee count at Leapwork is 149.

Annual revenue of Leapwork is $530.43K as on Mar 31, 2021.

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.

Leapwork's top competitors include BrowserStack, LambdaTest and Headspin.

Leapwork offers Leapwork Platform.

Leapwork has 4 investors. Key investors include KKR, DN Capital, Headline, and Salesforce Ventures.

The valuation of Leapwork is $312M as of Aug 2021.

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