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Leapwork
A no-code test automation platform for enterprises
About Leapwork
Leapwork is a unique startup that offers a simple solution for automating complex tests. It operates in the software testing market, providing a platform that works across all application types - from web to desktop and virtual applications. The company's primary clients are businesses that require software testing, particularly those using Microsoft Dynamics 365.
Leapwork's business model revolves around its AI-powered visual test automation platform. This platform allows users to build, maintain, and scale automation faster. It provides a no-code experience for test creation, empowering a larger percentage of customers to implement automated testing effectively. This not only enhances the quality of their service experience but also lowers the total cost of ownership, creating a win-win situation for both Leapwork and its clients.
The company makes money by selling subscriptions to its platform. The platform offers various features, such as the ability to manage, plan, document, execute, and report tests, breaking down silos within software development teams. It also includes a smart recorder for automating functional UI tests and the ability to turn common steps into reusable sub-flows, reducing maintenance and development bottlenecks.
Leapwork's platform also provides tools for troubleshooting failed tests and supports testing on multiple physical devices or through the cloud. This versatility allows the platform to scale with the client's needs, further enhancing its value proposition.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Copenhagen, Denmark
- Employees
- 265
- Open positions
- 14
- Dealroom signal
- 65.7/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software, Testing, SaaS, Platform, RPA, Robotic Process Automation, Automated Technology, No-Code and Low-Code Software, Nordic Rising Star 2022, Top 50 Nordic Rising Star 2022 Denmark
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Aug 2021 | $62M | $312M | Salesforce Ventures · KKR · DN Capital · Salesforce | — |
| SERIES AOther financing | Apr 2019 | $10M | $40M | DN Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Leapwork is 40K monthly website visits, down 13% over the last three months. Leapwork's team grew 3.5% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Leapwork on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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