About Teston
Teston is a company based in Oslo (Norway) founded in 2017 was acquired by User Testing in March 2020.. Teston has raised $1.2 million across 1 funding round from investors including User Testing and Idékapital. The company has 13 employees as of December 31, 2020. Teston operates in a competitive market with competitors including User Testing, UserZoom, Fable, Maze and Usabilla, among others.
- Headquarter Oslo, Norway
- Employees 13 as on 31 Dec, 2020
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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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Social
*********
- Legal Name Teston As
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Annual Revenue
$2.31 M (USD)-33as on Dec 31, 2021
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Net Profit
$259.02 K (USD)1578as on Dec 31, 2021
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EBITDA
$200.68 K (USD)3695as on Dec 31, 2021
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Total Equity Funding
$1.2 M (USD)
in 1 rounds
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Latest Funding Round
$1.2 M (USD), Seed
Jun 18, 2018
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Investors
User Testing
& 1 more
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Employee Count
13
as on Dec 31, 2020
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Acquired by
User Testing
(Mar 19, 2020)
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Sales and Marketing
77 people
Software Development Team
71 people
Leadership Team
59 people
Senior Team
44 people
Product Management Team
16 people
Customer Team
12 people
Operations Team
11 people
Solutions Team
5 people
Unlock access to complete
Funding Insights of Teston
Teston has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.2 million completed in June 2018. 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 1
- Last Round Seed — $1.2M
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First Round
First Round
(18 Jun 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Seed - Teston | Valuation | Idekapital |
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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 Teston
Teston has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include User Testing and Idékapital. 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 funding is provided to Norwegian tech companies.
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Founded Year | Domain | Location | |
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Automated usability testing and feedback for mobile experiences is provided.
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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 Teston
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Teston
| 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 |
Teston Comparisons
Competitors of Teston
Teston 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 User Testing, UserZoom, Fable, Maze and Usabilla, 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 |
Automated usability testing and feedback for mobile experiences is provided.
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| domain | founded_year | HQ Location |
Cloud-based platform for user experience research and testing is utilized.
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| domain | founded_year | HQ Location |
Cloud-based usability testing is enabled by accessibility experts with disabilities.
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| domain | founded_year | HQ Location |
Maze is recognized as a user research platform for product teams.
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| domain | founded_year | HQ Location |
Online survey and form creation tools are provided by Usabilla.
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| domain | founded_year | HQ Location |
Provider of testing platform for voice applications
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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 Teston
Frequently Asked Questions about Teston
When was Teston founded?
Teston was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Teston located?
Teston is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Is Teston a funded company?
Teston is a funded company, having raised a total of $1.2M across 1 funding round to date. The company's 1st funding round was a Seed of $1.2M, raised on Jun 18, 2018.
How many employees does Teston have?
As of Dec 31, 2020, the latest employee count at Teston is 13.
What is the annual revenue of Teston?
Annual revenue of Teston is $2.31M as on Dec 31, 2021.
What does Teston do?
Teston was founded in 2017 in Oslo, Norway, as a cloud-based tool for usability testing within the software-as-a-service sector. Informed decisions are enabled by analyzing how target audiences experience products or services. Reactions are recorded through users faces, voices, and screens. The solution operates on a subscription model, with clients such as Telia, Propr.no, Schibsted, and Obos served.
Who are the top competitors of Teston?
Teston's top competitors include User Testing, UserZoom and Pulse Labs.
Who are Teston's investors?
Teston has 2 investors. Key investors include User Testing, and Idékapital.
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