About TestMart
TestMart is a company based in San Bruno (United States) founded in 1998.. TestMart has raised $26 million across 2 funding rounds from investors including TCV, NEA and Crosspoint Venture Partners. The company has 36 employees as of December 31, 2022. TestMart offers products and services including Analog Voltage Input Module, Cable and Antenna Analyzer, Communications Service Monitor, Counter Timer, and DC Power Supply. TestMart operates in a competitive market with competitors including Moov, Digi-Key Electronics, Asseta, Aucto and Verical, among others.
- Headquarter San Bruno, United States
- Employees 36 as on 31 Dec, 2022
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Technical Communities, Inc. Dba Testmart
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26 M (USD)
in 2 rounds
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Latest Funding Round
$26 M (USD), Series B
Aug 14, 2000
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Investors
TCV
& 2 more
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Employee Count
36
as on Dec 31, 2022
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Products & Services of TestMart
TestMart offers a comprehensive portfolio of products and services, including Analog Voltage Input Module, Cable and Antenna Analyzer, Communications Service Monitor, Counter Timer, and DC Power Supply. 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.
Device for analog voltage measurement in testing applications.
Analyzer for testing cables and antennas in communication systems.
Monitor for evaluating communication service performance.
Device for accurate counting and timing in experiments.
Supply for providing stable DC power in electronic tests.
Multimeter for measuring voltage, current, and resistance digitally.
Instrument for sourcing and measuring electrical parameters.
Funding Insights of TestMart
TestMart has successfully raised a total of $26M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $26 million completed in August 2000. 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 2
- Last Round Series B — $26.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2000 | Amount | Series B - TestMart | Valuation | TCV | |
| Jun, 1999 | Amount | Unspecified - TestMart | 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 TestMart
TestMart has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TCV, NEA and Crosspoint Venture 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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Venture capital is invested in global technology companies by TCV.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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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 TestMart
| 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 - TestMart
| 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 |
Testmart Comparisons
Competitors of TestMart
TestMart 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 Moov, Digi-Key Electronics, Asseta, Aucto and Verical, 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 |
Used semiconductor equipment is listed on an online B2B platform.
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| domain | founded_year | HQ Location |
Electronic components are distributed online to B2B customers worldwide.
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| domain | founded_year | HQ Location |
Used manufacturing equipment is traded via B2B marketplace platform.
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| domain | founded_year | HQ Location |
Industrial goods are auctioned online via a B2B marketplace.
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| domain | founded_year | HQ Location |
High-tech electronic components are traded between manufacturers and buyers online.
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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 Testmart
Frequently Asked Questions about TestMart
When was TestMart founded?
TestMart was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Where is TestMart located?
TestMart is headquartered in San Bruno, United States. It is registered at San Bruno, California, United States.
Is TestMart a funded company?
TestMart is a funded company, having raised a total of $26M across 2 funding rounds to date.
How many employees does TestMart have?
As of Dec 31, 2022, the latest employee count at TestMart is 36.
What does TestMart do?
TestMart was established in 1998 in San Bruno, United States, as an online marketplace specializing in electronic instruments for test and measurement, information technology, laboratory, and medical applications. Products from over 100 manufacturers are listed on portals such as gsamart.com, testmart.com, and govcontractsmagazine.com. Services are provided to more than 1,400 U.S. government agencies, military organizations, and prime federal contractors.
Who are the top competitors of TestMart?
TestMart's top competitors include Digi-Key Electronics, Asseta and Moov.
What products or services does TestMart offer?
TestMart offers Analog Voltage Input Module, Cable and Antenna Analyzer, Communications Service Monitor, Counter Timer, and 3 more products and services.
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