About Testlio
Testlio is a company based in Austin (United States) founded in 2012.. Testlio has raised $19.25 million across 4 funding rounds from investors including Galvanize, Techstars and Spring Lake Equity Partners. The company has 8 employees as of December 31, 2018. Testlio offers products and services including Manual Testing, Test Automation, Fused Software Testing, and Payments Testing. Testlio operates in a competitive market with competitors including Tricentis, BrowserStack, LambdaTest, Cypress and SmartBear, among others.
- Headquarter Austin, United States
- Employees 8 as on 31 Dec, 2018
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.25 M (USD)
in 4 rounds
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Latest Funding Round
$12 M (USD), Series B
Oct 26, 2021
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Investors
Galvanize
& 5 more
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Employee Count
8
as on Dec 31, 2018
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Products & Services of Testlio
Testlio offers a comprehensive portfolio of products and services, including Manual Testing, Test Automation, Fused Software Testing, and Payments Testing. 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.
Executes tests for software reliability and functionality.
Manages automated tests to speed up software releases.
Combines manual and automated methods for efficient outcomes.
Verifies payment systems across global networks.
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Funding Insights of Testlio
Testlio has successfully raised a total of $19.25M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in October 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 4
- Last Round Series B — $12.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series B - Testlio | Valuation | Spring Lake Equity Partners | |
| Apr, 2016 | Amount | Series A - Testlio | Valuation | Altos Ventures Management , Vertex Holdings |
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| Mar, 2015 | Amount | Seed - Testlio | Valuation |
investors |
| 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 Testlio
Testlio has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Galvanize, Techstars and Spring Lake Equity Partners. 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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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Early-stage companies are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital seed and series-A investment in fintech, SaaS and infrastructure software startups
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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 Testlio
| 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 - Testlio
| 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 |
Testlio Comparisons
Competitors of Testlio
Testlio 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 Tricentis, BrowserStack, LambdaTest, Cypress and SmartBear, 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 |
AI powered software testing suite
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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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| domain | founded_year | HQ Location |
Testing frameworks for JavaScript applications are provided by Cypress.
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| domain | founded_year | HQ Location |
Cloud-based tools for software testing and monitoring are offered.
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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 Testlio
Frequently Asked Questions about Testlio
When was Testlio founded?
Testlio was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Testlio located?
Testlio is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Testlio a funded company?
Testlio is a funded company, having raised a total of $19.25M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Oct 29, 2013.
How many employees does Testlio have?
As of Dec 31, 2018, the latest employee count at Testlio is 8.
What does Testlio do?
Testlio was founded in 2012 and is headquartered in Austin, United States. Operations focus on the software testing sector, where services such as test automation, localization testing, mobile application testing, usability testing, exploratory testing, payment testing, location testing, regression testing, accessibility testing, real device testing, web testing, and desktop app testing are offered to clients worldwide.
Who are the top competitors of Testlio?
Testlio's top competitors include BrowserStack, LambdaTest and Tricentis.
What products or services does Testlio offer?
Testlio offers Manual Testing, Test Automation, Fused Software Testing, and Payments Testing.
Who are Testlio's investors?
Testlio has 6 investors. Key investors include Galvanize, Techstars, Spring Lake Equity Partners, Altos Ventures Management, and VVUS.
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