When was Tricentis founded?

Tricentis was founded in 2007 and became a unicorn in 2024, reaching the milestone in 17 years. It raised its 1st funding round 5 years after its incorporation.

Where is Tricentis located?

Tricentis is headquartered in Austin, United States. It is registered at 1 BEDFORD ROW,LONDON,UNITED KINGDOM,WC1R 4BU.

How many employees does Tricentis have?

As of Jul 31, 2026, the latest employee count at Tricentis is 1695.

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 $9M Series A round, raised on Dec 12, 2012.

How much is Tricentis worth?

The latest valuation of Tricentis is $4.5B as of Nov 26, 2024.

When was the latest funding round of Tricentis?

Tricentis' latest funding was a $1.33B PE round on Nov 26, 2024, with participation from 1 investor. Its primary sector is Software Testing Tools. In United States, the Software Testing Tools sector has seen $69.5M in funding in 2026 to date.

Is Tricentis a Software Testing Tools company?

The primary sector of Tricentis is Software Testing Tools.

Where does Tricentis rank among its competitors?

Tricentis ranks 1st amongst 56 active competitors, of which 10 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Testkube, which secured $8M in Oct, 2025.

Who are the top competitors of Tricentis?

Tricentis' top competitors include BrowserStack, Cypress and SmartBear. Among them, Testkube secured the most recent funding round in October, 2025.

Tricentis - 2026 Company Profile, Team, Funding & Competitors

Tricentis is a series B company based in Austin (United States), founded in 2007 by Wolfgang Platz and Franz Fuchsberger. It operates as an AI powered software testing suite. Tricentis has raised $1.5B in funding from investors like Insight Partners, ViewPoint Capital Partners and GTCR, with a current valuation of $4.5B. The company has 56 active competitors, including 10 funded and 5 that have exited. Its top competitors include companies like BrowserStack, Cypress and SmartBear.

Company Details

AI powered software testing suite. It offers functional and automated testing for mobile and web applications. It helps in the testing of applications, business processes, and data. It integrates with tools across the delivery pipeline. The platform offering includes performance testing, test automation, test management, test analysis, and more.

Website: www.tricentis.com/
Social
Registered Address: 1 BEDFORD ROW,LONDON,UNITED KINGDOM,WC1R 4BU

Key Metrics

Founded Year

2007

Location

Austin, United States

Stage

Series B

Total Funding

$1.5B in 5 rounds

Latest Funding Round

PE, Nov 26, 2024, $1.33B

Post Money Valuation

$4.5B as on Nov 26, 2024

Investors

Insight Partners & 10 more

Ranked

1^st among 56 active competitors

Employee Count

1,695 as on Jul 31, 2026

Investment & Acquisitions

Tabnine & 10 more

Similar Companies

BrowserStack & 58 more

View Tricentis' full profile

Tricentis is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TRICENTIS UK LIMITED CIN: 7151467 , United Kingdom, Active	Feb 08, 2010	£10M - £50M (As on Dec 31, 2024)	65 (As on Dec 31, 2024)
TRICENTIS GmbH CIN: 498828x , Austria, Active		€50M - €100M (As on Dec 31, 2022)	-	-
Trest online s.r.o. CIN: 09845135 , Czech Republic, Active	Jan 20, 2021	-	-
TRICENTIS INDIA PRIVATE LIMITED CIN: U72501PN2017FTC169264 , India, Active	Mar 06, 2017	₹10 - ₹50 Cr (As on Mar 31, 2025)	84 (As on Aug 31, 2025)

Tricentis has raised a total funding of $1.5B over 5 rounds. Its first funding round was on Dec 12, 2012. Its latest funding round was a PE round on Nov 26, 2024 for $1.33B. 1 investor participated in its latest round. Tricentis has 11 institutional investors.

Here is the list of recent funding rounds of Tricentis:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 26, 2024	$1.33B	PE	$4.5B	-	GTCR	-
Aug 02, 2017	Undisclosed	Series B	-	-	-	Wipro Ventures
Jan 23, 2017	$165M	Series B	$1B	-	Insight Partners	-

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View details of Tricentis's funding rounds and investors

The founders of Tricentis are Wolfgang Platz and Franz Fuchsberger. Kevin Thompson is the CEO of Tricentis.

Here are the details of Tricentis' key team members:

Wolfgang Platz: Former Co-Founder of Tricentis and founder of 1 other company. They are also an angel investor in 3 startups.
Contact Info: 1 email address
Franz Fuchsberger: Former Co-Founder of Tricentis. They are also an angel investor in 1 startup.

View details of Tricentis's Founder profiles and Board Members

Tricentis' employee count trend

Tricentis has 1,695 employees as of Jul 26. Here is Tricentis's employee count trend over the years:

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Top competitors of Tricentis include BrowserStack, Cypress and SmartBear. Here is the list of Top 10 competitors of Tricentis, 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, Wipro Ventures ... & 9 others	75/100
2nd	BrowserStack 2011, Mumbai (India), Series B	Provider of web and mobile application testing and management platform	$253M	Bond Capital, 345 Partners & 16 others	70/100
3rd	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
4th	SmartBear 2003, Beverly (United States), Acquired	Cloud based software testing platform	-	Vista Equity Partners, Toba Capital & 2 others	59/100
5th	Testlio 2012, Austin (United States), Series B	Provider of software testing suite solutions	$19.3M	Vertex Holdings, Altos Ventures Management ... & 11 others	57/100
6th	TestGrid 2015, Atlanta (United States), Seed	Provider of end to end test automation solutions	-	-	44/100
7th	Zephyr 2007, San Jose (United States), Acquired	Cloud based test management platform	$31M	Frontier Capital, Western Technology Investment ... & 4 others	41/100
8th	Experitest 2008, Tel Aviv (Israel), Acquired	SeeTest Mobile Testing Tools Provider	-	-	39/100
9th	Original Software 1997, Basingstoke (United Kingdom), Funding Raised	Platform offering code-free software testing and automation for enterprise applications	-	iCabbi	36/100
10th	Testkube 2021, Wilmington (United States), Series A	Platform offering kubernetes testing frameworks	$8M	Insight Partners & 1 others	36/100

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Tricentis has made 1 investments in companies including DeepFactor. Tricentis has also acquired 10 companies including Tabnine and SeaLights.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 30, 2026	Acquisition	Tabnine	2017	Tel Aviv (Israel)
Jul 17, 2024	Acquisition	SeaLights	2015	Kfar Saba (Israel)
Jul 07, 2023	Acquisition	Waldo	2018	Brooklyn (United States)