About Testim
Testim is a company based in San Francisco (United States) founded in 2014 was acquired by Tricentis in February 2022.. Testim has raised $23.6 million across 3 funding rounds from investors including Tricentis, Lightspeed Venture Partners and Heavybit. Testim offers products and services including Testim Web, Testim Mobile, Testim Salesforce, and Testim Copilot. Testim operates in a competitive market with competitors including Sauce Labs, Spirent, Tricentis, Headspin and BrowserStack, among others.
- Headquarter San Francisco, United States
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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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Products & Services of Testim
Testim offers a comprehensive portfolio of products and services, including Testim Web, Testim Mobile, Testim Salesforce, and Testim Copilot. 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.
Tool for automated testing of web applications.
Platform for iOS and Android app testing.
Codeless tool for Salesforce environment testing.
AI-assisted feature for accelerated test creation.
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Funding Insights of Testim
Testim has successfully raised a total of $23.6M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in June 2019. 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 3
- Last Round Series B — $10.0M
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First Round
First Round
(01 Jun 2016)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2019 | Amount | Series B - Testim | Valuation | SignalFire | |
| Nov, 2017 | Amount | Series A - Testim | Valuation | Lightspeed Venture Partners |
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| Jun, 2016 | Amount | Series A - Testim | Valuation | Foundation Capital , Heavybit |
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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 |
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Investors in Testim
Testim has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Tricentis, Lightspeed Venture Partners and Heavybit. 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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Seed and early-stage startups are funded by SignalFire.
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Meron Capital is focused on investing in technology sectors.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Testim
| 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 - Testim
| 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 |
Testim Comparisons
Competitors of Testim
Testim 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, Spirent, Tricentis, Headspin 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 |
Cloud based cross browser testing solutions provider
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Provider of automated testing and assurance solutions for networks, security, and positioning
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AI powered software testing suite
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Cloud-based IT experience and continuous testing solutions are offered.
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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 |
Cloud-based cross-browser testing services are provided for web applications.
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| 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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Testim
Frequently Asked Questions about Testim
When was Testim founded?
Testim was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Testim located?
Testim is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Testim a funded company?
Testim is a funded company, having raised a total of $23.6M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Jun 01, 2016.
What does Testim do?
Testim was established in 2014 in San Francisco, United States, within the software testing sector. Web test automation is facilitated through a visual editor for test customization. Recorded tests can be exported, code is validated, coverage is assessed, and integration with collaboration tools is enabled. Connections to platforms such as Slack, Trello, GitHub, and SauceLabs are supported. Services are utilized by clients including Microsoft, J.P. Morgan, and USA TODAY.
Who are the top competitors of Testim?
Testim's top competitors include BrowserStack, LambdaTest and Headspin.
What products or services does Testim offer?
Testim offers Testim Web, Testim Mobile, Testim Salesforce, and Testim Copilot.
Who are Testim's investors?
Testim has 8 investors. Key investors include Tricentis, Lightspeed Venture Partners, Heavybit, Foundation Capital, and SignalFire.
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