When was SmartBear founded?

SmartBear was founded in 2003 and raised its 1st funding round 17 years after it was founded.

Where is SmartBear located?

SmartBear is headquartered in Beverly, United States. It is registered at Somerville, Massachusetts.

Who is the current CEO of SmartBear?

Frank Roe and Dan Faulkner s of SmartBear.

How many employees does SmartBear have?

As of Aug 31, 2026, the latest employee count at SmartBear is 927.

Is SmartBear a funded company?

SmartBear is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Oct 21, 2020.

When was the latest funding round of SmartBear?

SmartBear's latest funding was a $***** PE round on Oct 21, 2020, with participation from 1 investor.

Where does SmartBear rank among its competitors?

SmartBear ranks 12th amongst 238 active competitors, of which 36 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Tricentis, which secured $1.33B in Nov, 2024.

Who are the top competitors of SmartBear?

SmartBear's top competitors include Tricentis, F5 Networks and Jitterbit. Among them, Tricentis secured the most recent funding round in November, 2024.

SmartBear - 2026 Company Profile, Team, Funding & Competitors

SmartBear is an acquired company based in Beverly (United States), founded in 2003. It operates as a Cloud based software testing platform. SmartBear has raised an undisclosed amount in funding from Vista Equity Partners. The company has 238 active competitors, including 36 funded and 18 that have exited. Its top competitors include companies like Tricentis, F5 Networks and Jitterbit.

Company Details

Cloud-based software testing platform. It provides tools for software professionals to build, test, and monitor software applications and websites on the desktop, mobile, and in the cloud. It offers end-to-end testing such as API testing, functional testing, performance testing, browser testing, and more. It also offers API monitoring solutions.

Website: smartbear.com
Social
Registered Address: Somerville, Massachusetts

Key Metrics

Founded Year

2003

Location

Beverly, United States

Stage

Acquired

Latest Funding Round

PE, Oct 21, 2020, $*****

Investors

Vista Equity Partners & 3 more

Ranked

12^th among 238 active competitors

Employee Count

927 as on Aug 31, 2026

Investment & Acquisitions

QMetry & 10 more

Similar Companies

Tricentis & 290 more

Exit Details

Acquired by Bitbar (Aug 29, 2019)

View SmartBear's full profile

SmartBear is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SmartBear Software Inc CIN: 943340607 , United States, Active	Dec 31, 2007	-	315 (As on Dec 31, 2024)	-
SMARTBEAR SOFTWARE INDIA PRIVATE LIMITED CIN: U72200KA2014PTC072818 , India, Active	Jan 01, 2014	₹10 - ₹50 Cr (As on Mar 31, 2025)	96 (As on Feb 29, 2024)
SMARTBEAR SOFTWARE, INC. CIN: 943340607 , United States, Active	Dec 26, 999	-	327 (As on Dec 31, 2023)	-

SmartBear got acquired by Bitbar on Aug 29, 2019.

Click here to take a look at SmartBear's acquisition in detail

SmartBear has raised funding over 1 round. Its latest funding round was a PE round on Oct 21, 2020 for $*****. 1 investor participated in its latest round. SmartBear has 4 institutional investors.

Here is the list of recent funding rounds of SmartBear:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 21, 2020	5068986	PE	1521598	2208943	4959859	8975826

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View details of SmartBear's funding rounds and investors

SmartBear's employee count trend

SmartBear has 927 employees as of Aug 26. Here is SmartBear's employee count trend over the years:

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Top competitors of SmartBear include Tricentis, F5 Networks and Jitterbit. Here is the list of Top 10 competitors of SmartBear, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tricentis 2007, Austin (United States), Series B	AI powered software testing suite	$1.5B	ViewPoint Capital Partners, Insight Partners ... & 9 others	75/100
2nd	F5 Networks 1996, Seattle (United States), Public	Provider of application delivery and security solutions for various platforms	-	Elliott Management, Chiratae Ventures & 8 others	75/100
3rd	Jitterbit 2004, Alameda (United States), Series C	Platform offering API management software	$45M	KKR, Salesforce Ventures & 8 others	70/100
4th	BrowserStack 2011, Mumbai (India), Series B	Provider of web and mobile application testing and management platform	$253M	Bond Capital, Accel & 16 others	70/100
5th	WSO2 2005, Santa Clara (United States), Acquired	Provider of open-source platform for API management, integration, and identity	$130M	Toba Capital, Goldman Sachs Asset Management ... & 6 others	66/100
6th	Kong 2009, San Francisco (United States), Series E	Cloud based API management and microservices connectivity platform	$345M	Tiger Global Management, Index Ventures & 20 others	66/100
7th	Boomi 2000, Berwyn (United States), Acquired	Cloud based API management and ipaas solutions	$5.15M	Golub Growth, FirstMark & 1 others	65/100
8th	Cypress 2014, Atlanta (United States), Series B	Cloud-based unit and integration testing solutions provider	$54.8M	Bessemer Venture Partners, OpenView & 13 others	62/100
9th	MuleSoft 2006, San Francisco (United States), Series G	Cloud based API management platform	$259M	Lightspeed Venture Partners, New Enterprise Associates ... & 21 others	61/100
10th	Tyk.io 2014, London (United Kingdom), Series C	Provider of an API management platform	$41.3M	MMC Ventures, Scottish Equity Partners & 8 others	61/100
12th	SmartBear 2003, Beverly (United States), Acquired	Cloud based software testing platform	-	Toba Capital, Apollo Investment Corporation ... & 2 others	59/100

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SmartBear has not made any investments yet. SmartBear has made 11 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 03, 2024	Acquisition	QMetry	2008	Santa Clara (United States)
Jan 25, 2024	Acquisition	Reflect	2019	Philadelphia (United States)
Aug 22, 2023	Acquisition	StopLight	2014	Austin (United States)