About Tricentis
Tricentis is a company based in Vienna (Austria) founded in 2007.. Tricentis has raised $1.5 billion across 5 funding rounds from investors including GTCR Chicago Private Equity Firm, Wipro Ventures and Insight Partners. The company has 121 employees as of April 08, 2024. Tricentis has completed 8 acquisitions, including Q up, SeaLights and SpecFlow. Tricentis offers products and services including Tosca, qTest, NeoLoad, and SeaLights. Tricentis operates in a competitive market with competitors including BrowserStack, LambdaTest, Cypress, SmartBear and Testlio, among others.
- Headquarter Vienna, Austria
- Employees 121 as on 08 Apr, 2024
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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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- Legal Name Tricentis India Private Limited
- Date of Incorporation 06 Mar, 2017
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$4.47 M (USD)7.51as on Mar 31, 2023
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Net Profit
$455.02 K (USD)18.35as on Mar 31, 2023
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EBITDA
$791.36 K (USD)2.65as on Mar 31, 2023
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Total Equity Funding
$1.5 B (USD)
in 5 rounds
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Latest Funding Round
$1.33 B (USD), Private Equity Round
Nov 26, 2024
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Investors
GTCR Chicago Private Equity Firm
& 3 more
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Employee Count
121
as on Apr 08, 2024
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Investments & Acquisitions
Q up
& 7 more
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Products & Services of Tricentis
Tricentis offers a comprehensive portfolio of products and services, including Tosca, qTest, NeoLoad, and SeaLights. 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.
Tool for enterprise end-to-end automated testing
Platform for enterprise test management and traceability
Solution for load and performance testing of applications
Tool for risk-based testing and code change analysis
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Sales and Marketing
123 people
Leadership Team
97 people
Software Development Team
79 people
Product Management Team
35 people
Human Resources and Administration
21 people
Senior Team
19 people
Creative and Marketing Team
17 people
Finance and Accounting
11 people
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Funding Insights of Tricentis
Tricentis has successfully raised a total of $1.5B across 5 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $1.33 billion completed in November 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 5
- Last Round Private Equity Round — $1.3B
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First Round
First Round
(12 Dec 2012)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2024 | Amount | Private Equity Round - Tricentis | Valuation | GTCR |
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| Aug, 2017 | Amount | Series B - Tricentis | Valuation |
investors |
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| Jan, 2017 | Amount | Series B - Tricentis | Valuation | Insight Partners |
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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 Tricentis
Tricentis has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include GTCR Chicago Private Equity Firm, Wipro Ventures and Insight 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 investments and firm management in Chicago.
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Founded Year | Domain | Location | |
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Software companies are targeted for investments by Wipro Ventures.
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Founded Year | Domain | Location | |
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Investment firm scaling software and technology companies from early to late stages.
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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 Tricentis
Tricentis has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Q up, SeaLights and SpecFlow. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Scriptless end-to-end tests are provided for mobile bug fixing.
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2018 | ||||
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Continuous testing analytics and coverage are provided via cloud platform.
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2015 | ||||
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Test automation is recorded, developed, and analyzed via community platform.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Tricentis
| 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 |
Tricentis Comparisons
Competitors of Tricentis
Tricentis 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 BrowserStack, LambdaTest, Cypress, SmartBear and Testlio, 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 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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| domain | founded_year | HQ Location |
Software testing suite solutions are provided for diverse 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 Tricentis
Frequently Asked Questions about Tricentis
When was Tricentis founded?
Tricentis was founded in 2007 and raised its 1st funding round 5 years after it was founded.
Where is Tricentis located?
Tricentis is headquartered in Vienna, Austria.
Is Tricentis a funded company?
Tricentis is a funded company, having raised a total of $1.5B across 5 funding rounds to date. The company's 1st funding round was a Series B of $165M, raised on Dec 12, 2012.
How many employees does Tricentis have?
As of Apr 08, 2024, the latest employee count at Tricentis is 121.
What is the annual revenue of Tricentis?
Annual revenue of Tricentis is $4.47M as on Mar 31, 2023.
What does Tricentis do?
Tricentis was founded in 2007 in Vienna, Austria, within the software testing sector. An AI-powered suite is utilized for functional and automated testing of mobile and web applications. Testing of applications, business processes, and data is facilitated. Integration with tools across the delivery pipeline is enabled. The platform includes performance testing, test automation, test management, test analysis, and additional features for operational efficiency.
Who are the top competitors of Tricentis?
Tricentis's top competitors include BrowserStack, LambdaTest and Cypress.
What products or services does Tricentis offer?
Tricentis offers Tosca, qTest, NeoLoad, and SeaLights.
How many acquisitions has Tricentis made?
Who are Tricentis's investors?
Tricentis has 4 investors. Key investors include GTCR Chicago Private Equity Firm, Wipro Ventures, Insight Partners, and ViewPoint Capital Partners.