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Leapwork - About the company

Leapwork is a series B company based in Copenhagen (Denmark), founded in 2015. It operates as a Platform for automated testing and robotic process automation. Leapwork has raised $79.6M in funding from investors like KKR, DN Capital and Headline, with a current valuation of $*****. The company has 555 active competitors, including 78 funded and 40 that have exited. Its top competitors include companies like Sauce Labs, Tricentis and BrowserStack.

Company Details

LEAPWORK is a platform for automated testing and robotic process automation. It allows technical specialists and non-developers to design test automation flows without coding. The platform automates tests across functions and processes, builds test cases visually, and provides live support. The features include building reusable components, driving automation with external data, and streamlining maintenance using logs. The clients of the company include Mercedes-Benz, PayPal, VISMA, etc.
Social
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Email ID
*****@leapwork.com
Phone Number
+45 **********
Key Metrics
Founded Year
2015
Location
Copenhagen, Denmark
Stage
Series B
Total Funding
$79.6M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 26, 2021
Investors
Ranked
Annual Revenue
$0 - $1M as on Dec 31, 2019
Employee Count
265 as on May 31, 2026
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Leapwork's funding and investors

Leapwork has raised a total funding of $79.6M over 5 rounds. Its first funding round was on Feb 09, 2017. Its latest funding round was a Series B round on Aug 26, 2021 for $*****. 4 investors participated in its latest round. Leapwork has 13 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Leapwork:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 26, 2021
8428797
Series B
3221187
5107933
3945577
5217798
Jun 15, 2021
7888510
Series A
4339639
3830063
4425601
4670372
Apr 16, 2019
7944528
Series A
7397553
3747582
5565687
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Leapwork's founders and board of directors

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Leapwork's Board of Directors

Leapwork's board has 3 active members. Christian Brink Frederiksen and Claus Rosenkrantz Topholt are part of team and Massimo Giovanni Prelz Oltramonti is independent board member.
Here is the list of Leapwork's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 2m
Team
-
Current
11y 5m
Independent board member
-
Current
7y 5m

Leapwork's employee count trend

Leapwork has 265 employees as of May 26. Here is Leapwork's employee count trend over the years:
Employee count trend for Leapwork
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Leapwork's Competitors and alternates

Top competitors of Leapwork include Sauce Labs, Tricentis and BrowserStack. Here is the list of Top 10 competitors of Leapwork, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sauce Labs
Sauce Labs
2008, San Francisco (United States), Series G
Cloud based cross browser testing solutions provider
$228M
76/100
2nd
Logo for Tricentis
Tricentis
2007, Austin (United States), Series B
AI powered software testing suite
$1.5B
75/100
3rd
Logo for BrowserStack
BrowserStack
2011, Mumbai (India), Series B
Provider of web and mobile application testing and management platform
$253M
70/100
4th
Logo for Headspin
Headspin
2014, Palo Alto (United States), Series C
Provider of automated and manual testing platform for mobile and web
$117M
69/100
5th
Logo for Redwood
Redwood
1993, Houten (Netherlands), Acquired
Platform offering business and IT process automation solutions
$383M
68/100
6th
Logo for N8n
N8n
2019, Berlin (Germany), Series C
Developer of platform for AI workflow automation and application integration
$254M
65/100
7th
Logo for SmartBear
SmartBear
2003, Beverly (United States), Acquired
Cloud based software testing platform
-
64/100
8th
Logo for Serval
Serval
2024, San Francisco (United States), Series B
Developer of artificial intelligence agents for automated information technology workflows
$127M
63/100
9th
Logo for Liongard
Liongard
2015, Houston (United States), Series B
Management of IT environments for MSPs and enterprise IT operations
$34.2M
63/100
10th
Logo for Cypress
Cypress
2014, Atlanta (United States), Series B
Cloud-based unit and integration testing solutions provider
$54.8M
62/100
24th
Logo for Leapwork
Leapwork
2015, Copenhagen (Denmark), Series B
Platform for automated testing and robotic process automation
$79.6M
52/100
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Leapwork's Investments and acquisitions

Leapwork has made no investments or acquisitions yet.

News related to Leapwork

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Media has covered Leapwork for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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