TestIO

Berlin, Germany Founded: 2011 • Age: 15 yrs Acquired By Epam
Crowdsourced mobile app testing is facilitated by TestIO.
Annual revenue - Latest available
Total funding $5.0M 3 rounds
Employees 33 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About TestIO

TestIO is a company based in Berlin (Germany) founded in 2011 was acquired by Epam in May 2019. TestIO has raised $5 million across 3 funding rounds from investors including Epam, Turn/River and Investitionsbank Berlin. The company has 33 employees as of December 31, 2020. TestIO offers products and services including Crowdtesting, Automated Testing, and ReportPortal. TestIO operates in a competitive market with competitors including Applause, Bugcrowd, Testbirds, UNGUESS and Rainforest QA, among others.

  • Headquarter Berlin, Germany
  • Employees 33 as on 31 Dec, 2020
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Test Io Gmbh
Operational Areas
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Nov 18, 2015

  • Investors
    Epam

    & 2 more

  • Employee Count
    33

    as on Dec 31, 2020

  • Acquired by
    Epam

    (May 13, 2019)

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Products & Services of TestIO

TestIO offers a comprehensive portfolio of products and services, including Crowdtesting, Automated Testing, and ReportPortal.

Product name locked
Category locked
Primary

Platform for real-world testing with diverse users and environments

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Solutions for efficient software testing and continuous integration

Product name locked
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Tool for managing and analyzing test results effectively

Funding Insights of TestIO

TestIO has successfully raised a total of $5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in November 2015. 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 TestIO

TestIO has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Epam, Turn/River and Investitionsbank Berlin.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Investitionsbank Berlin is engaged in providing funding and financial support for businesses, real estate, and social projects in Berlin.
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Provider of software development, data analytics, and other IT suite services
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Investments & Acquisitions by TestIO

Investments
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Investment portfolio details for TestIO

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Financial Statements - TestIO

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Detailed financials for TestIO

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Testio Comparisons

TestIO Primary company
Description
Crowdsourced mobile app testing is facilitated by TestIO.
Location
Berlin, Germany
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
33
As of 2020
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Peer comparison for TestIO

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Competitors of TestIO

TestIO 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 Applause, Bugcrowd, Testbirds, UNGUESS and Rainforest QA, among others.

Company Name Domain Founded year HQ Location Description
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Crowdsourced testing platforms are offered for software quality assurance.
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Crowdsourced penetration testing for web applications is provided.
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Crowd-testing platform for websites and mobile applications is operated.
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Crowd testing, quality optimization, experience, and security solutions are provided.
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QA as a service
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Detailed competitors of TestIO

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Latest news on Testio

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Complete news archive for TestIO

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Frequently Asked Questions about TestIO

TestIO was founded in 2011 and raised its 1st funding round 1 year after it was founded.

TestIO is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

TestIO is a funded company, having raised a total of $5M across 3 funding rounds to date.

As of Dec 31, 2020, the latest employee count at TestIO is 33.

TestIO was founded in 2011 in Berlin, Germany, and operates in the software testing sector. Crowdsourced testing services are offered through a network of over 11,000 testers equipped with various devices and operating systems. A SaaS platform is provided for test management, supporting exploratory testing, test cases, usability testing, and security testing. Automated testing options are also available to development and QA teams, enabling shortened testing cycles.

TestIO's top competitors include Applause, Bugcrowd and Testbirds.

TestIO offers Crowdtesting, Automated Testing, and ReportPortal.

TestIO has 3 investors. Key investors include Epam, Turn/River, and Investitionsbank Berlin.

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