About Sauce Labs
Sauce Labs is a company based in San Francisco (United States) founded in 2008.. Sauce Labs has raised $227.74 million across 11 funding rounds from investors including TPG, Riverwood Capital and Centerview Capital. The company has 146 employees as of December 31, 2023. Sauce Labs has completed 5 acquisitions, including API Fortress, AutonomIQ and Backtrace. Sauce Labs offers products and services including Cross Browser Testing, Selenium Testing, Mobile Testing, Visual Testing, and AI-Powered Insights. Sauce Labs operates in a competitive market with competitors including Spirent, Tricentis, Headspin, Perfecto Mobile and BrowserStack, among others.
- Headquarter San Francisco, United States
- Employees 146 as on 31 Dec, 2023
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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 Sauce Labs, 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
$227.74 M (USD)
in 11 rounds
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Latest Funding Round
$79.87 M (USD), Series G
Jan 26, 2024
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Investors
TPG
& 9 more
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Employee Count
146
as on Dec 31, 2023
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Investments & Acquisitions
API Fortress
& 4 more
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Products & Services of Sauce Labs
Sauce Labs offers a comprehensive portfolio of products and services, including Cross Browser Testing, Selenium Testing, Mobile Testing, Visual Testing, and AI-Powered Insights. 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 testing web apps on multiple browsers and OSes.
Tool for running Selenium tests on various environments.
Service for testing mobile apps on real and virtual devices.
Automates detection of visual issues in user interfaces.
Converts testing data into actionable insights for quality.
Identifies and reports app errors for quick fixes.
Facilitates secure distribution of mobile apps for testing.
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Leadership Team
19 people
Software Development Team
17 people
Sales and Marketing
14 people
Human Resources and Administration
5 people
Product Management Team
5 people
Senior Team
4 people
Legal and Compliance
4 people
Finance and Accounting
3 people
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Funding Insights of Sauce Labs
Sauce Labs has successfully raised a total of $227.74M across 11 strategic funding rounds. The most recent funding activity was a Series G round of $79.87 million completed in January 2024. 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 11
- Last Round Series G — $79.9M
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First Round
First Round
(30 Jul 2009)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series G - Sauce Labs | Valuation |
investors |
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| Jun, 2022 | Amount | Series F - Sauce Labs | Valuation |
investors |
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| Mar, 2021 | Amount | Series F - Sauce Labs | Valuation | TPG |
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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 Sauce Labs
Sauce Labs has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include TPG, Riverwood Capital and Centerview Capital. 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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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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Carveout investments are managed by Riverwood Capital in private equity.
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Founded Year | Domain | Location | |
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Private investment firm providing capital and expertise to high-potential companies in technology and consumer 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 Sauce Labs
Sauce Labs has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include API Fortress, AutonomIQ and Backtrace. 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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Test management platform powered by AI for software releases.
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2017 | ||||
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Backtrace is focused on error and crash reporting software.
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2014 | ||||
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Enterprise cloud solutions for API testing and monitoring are provided.
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2013 |
| 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 - Sauce Labs
| 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 |
Sauce Labs Comparisons
Competitors of Sauce Labs
Sauce Labs 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 Spirent, Tricentis, Headspin, Perfecto Mobile 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 |
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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 |
AI powered software testing suite
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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 |
Continuous testing platform for web and mobile apps is provided.
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| domain | founded_year | HQ Location |
Cloud based suite of software testing solutions
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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 Sauce Labs
Frequently Asked Questions about Sauce Labs
When was Sauce Labs founded?
Sauce Labs was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Sauce Labs located?
Sauce Labs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Sauce Labs a funded company?
Sauce Labs is a funded company, having raised a total of $227.74M across 11 funding rounds to date.
How many employees does Sauce Labs have?
As of Dec 31, 2023, the latest employee count at Sauce Labs is 146.
What does Sauce Labs do?
Sauce Labs was founded in 2008 and is headquartered in San Francisco, United States, within the software testing sector. A cloud-based platform is operated to support automated, continuous, and live testing for web and mobile applications. Analytics, integrations, and other features are included to facilitate testing processes. Clients such as Splunk, VISA, Walmart, and Zillow are served by the companys services.
Who are the top competitors of Sauce Labs?
Sauce Labs's top competitors include BrowserStack, LambdaTest and Headspin.
What products or services does Sauce Labs offer?
Sauce Labs offers Cross Browser Testing, Selenium Testing, Mobile Testing, Visual Testing, and 3 more products and services.
How many acquisitions has Sauce Labs made?
Sauce Labs has made 5 acquisitions, including API Fortress, AutonomIQ, and Backtrace.
Who are Sauce Labs's investors?
Sauce Labs has 10 investors. Key investors include TPG, Riverwood Capital, Centerview Capital, IVP, and Adams Street Partners.
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