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.
- Website
- www.leapwork.com/
- Email ID
- *****@leapwork.com
- Phone Number
- +45 **********
Key Metrics
Legal entities associated with Leapwork
Leapwork is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Leapwork A/S CIN: 36924225 , Denmark, Active | Jun 04, 2015 | $0 - $1M (As on Dec 31, 2019) | 48 (As on Nov 30, 2024) | |
LEAPWORK INDIA PRIVATE LIMITED CIN: U72900DL2017FTC324936 , India, Active | Oct 13, 2017 | ₹50 - ₹100 Cr (As on Mar 31, 2024) | 147 (As on Feb 29, 2024) |
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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:
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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 |
View details of Leapwork's funding rounds and investors
Leapwork's founders and board of directors
Founder? Claim ProfileLeapwork'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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sauce Labs 2008, San Francisco (United States), Series G | Cloud based cross browser testing solutions provider | $228M | 76/100 | |
2nd | Tricentis 2007, Austin (United States), Series B | AI powered software testing suite | $1.5B | 75/100 | |
3rd | BrowserStack 2011, Mumbai (India), Series B | Provider of web and mobile application testing and management platform | $253M | 70/100 | |
4th | Headspin 2014, Palo Alto (United States), Series C | Provider of automated and manual testing platform for mobile and web | $117M | 69/100 | |
5th | Redwood 1993, Houten (Netherlands), Acquired | Platform offering business and IT process automation solutions | $383M | 68/100 | |
6th | Developer of platform for AI workflow automation and application integration | $254M | 65/100 | ||
7th | SmartBear 2003, Beverly (United States), Acquired | Cloud based software testing platform | - | 64/100 | |
8th | Serval 2024, San Francisco (United States), Series B | Developer of artificial intelligence agents for automated information technology workflows | $127M | 63/100 | |
9th | Liongard 2015, Houston (United States), Series B | Management of IT environments for MSPs and enterprise IT operations | $34.2M | 63/100 | |
10th | Cypress 2014, Atlanta (United States), Series B | Cloud-based unit and integration testing solutions provider | $54.8M | 62/100 | |
24th | 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
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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Leapwork Launches AI-Powered Continuous Validation Platform for Software DevelopmentSiliconAngle•Apr 15, 2026•Leapwork
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Leapwork Appoints Kenneth Ziegler as Chief Executive OfficerCIO Influence•Jun 20, 2025•Leapwork, Logicworks
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FCM Meetings & Events appoints Deprez in UK roleBusiness Travel News Europe•Dec 03, 2024•FCM Travel Solutions, Leapwork
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Bestseller picks Leapwork as global test automation vendor across Point of Sale and e-commerceRetail Technology Innovation Hub•Aug 11, 2023•BESTSELLER, Leapwork
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