About Testsigma
Testsigma is a company based in San Francisco (United States) founded in 2019 by Pratheep Velicherla, Rukmangada Kandyala, and Rajesh Reddy.. Testsigma has raised $12.8 million across 2 funding rounds from investors including Accel, BoldCap and STRIVE. Testsigma offers products and services including Testsigma Platform, Testsigma Copilot, and Cross-Browser Testing. Testsigma operates in a competitive market with competitors including Sauce Labs, Headspin, Tricentis, Spirent and BrowserStack, among others.
- Headquarter San Francisco, United States
- Founders Pratheep Velicherla, Rukmangada Kandyala, Rajesh Reddy
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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
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- Legal Name Testsigma Software Technologies Pvt Ltd
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$2.07 M (USD)186.32as on Mar 31, 2023
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Net Profit
$175.75 K (USD)176.58as on Mar 31, 2023
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EBITDA
$439.35 K (USD)87.06as on Mar 31, 2023
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Total Equity Funding
$12.8 M (USD)
in 2 rounds
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Latest Funding Round
$8.2 M (USD), Series A
Jun 05, 2024
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Investors
Accel
& 9 more
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Employee Count
Employee Count
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Products & Services of Testsigma
Testsigma offers a comprehensive portfolio of products and services, including Testsigma Platform, Testsigma Copilot, and Cross-Browser 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.
AI-powered tool for end-to-end automated testing of software applications
GenAI feature for creating tests from prompts and user stories
Cloud-based service for testing across 3000+ browsers and devices
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Funding Insights of Testsigma
Testsigma has successfully raised a total of $12.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8.2 million completed in June 2024. 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 A — $8.2M
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First Round
First Round
(28 Feb 2022)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - Testsigma | Valuation | MassMutual Ventures | |
| Feb, 2022 | Amount | Seed - Testsigma | Valuation | Accel , STRIVE |
| 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 Testsigma
Testsigma has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Accel, BoldCap and STRIVE. 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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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital support is provided to seed and early-stage startups.
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Founded Year | Domain | Location | |
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Investments are made in AI native B2B startups founded by Indian origin entrepreneurs.
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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 Testsigma
| 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 - Testsigma
| 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 |
Testsigma Comparisons
Competitors of Testsigma
Testsigma 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, Headspin, Tricentis, Spirent 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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| domain | founded_year | HQ Location |
Cloud-based IT experience and continuous testing solutions are offered.
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AI powered software testing suite
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| domain | founded_year | HQ Location |
Provider of automated testing and assurance solutions for networks, security, and positioning
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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 |
AI-powered test automation platform for enterprise resource planning is provided.
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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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| 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 Testsigma
Frequently Asked Questions about Testsigma
When was Testsigma founded?
Testsigma was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Testsigma located?
Testsigma is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Testsigma?
Rukmangada Kandyala is the current CEO of Testsigma. They have also founded this company.
Is Testsigma a funded company?
Testsigma is a funded company, having raised a total of $12.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.6M, raised on Feb 28, 2022.
What is the annual revenue of Testsigma?
Annual revenue of Testsigma is $2.07M as on Mar 31, 2023.
What does Testsigma do?
Provider of open-source-based test automation platform. It is used for testing web applications, mobile applications, and web services. It allows to plan, design, develop, execute, analyze and report bugs. It provides scriptless test development and allows CI tools integration to achieve continuous testing. Its applications can be tested on desktop and mobile devices across different operating systems. It provides dynamic and customized reports and productivity trends along with personalized dashboards.
Who are the top competitors of Testsigma?
Testsigma's top competitors include BrowserStack, LambdaTest and Headspin.
What products or services does Testsigma offer?
Testsigma offers Testsigma Platform, Testsigma Copilot, and Cross-Browser Testing.
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