BrowserStack, co-founded by Ritesh Arora and Nakul Agarwal, is a global leader in software testing platforms providing cloud-based cross-browser testing solutions. Headquartered in Mumbai, BrowserStack helps developers and QA teams deliver seamless digital experiences by enabling them to test websites and mobile apps ...
Founding year | 2011 |
---|---|
Headquarters | Mumbai, India |
Valuation | ~$4B (2023) |
Total Funding | $250M |
Annual Revenue | ₹1,450 Cr (FY24) |
Annual Net Loss | ₹20 Cr (FY24) |
EBITDA Margin | -3% |
Employees | ~1,000 |
Round | Date | Amount | Investors |
---|---|---|---|
Series A | 2018 | $50M | Accel |
Series B | 2021 | $200M | BOND, Insight Partners, Accel |
BrowserStack recently announced new integrations with major CI/CD platforms and launched advanced mobile testing labs in the US and Europe. The company is focusing on scaling globally and innovating in automation to strengthen its market leadership.
Metric | Detail |
---|---|
Revenue Growth | ▲ Revenue up to ₹1,450 Cr in FY24 |
Profitability | ▼ Net loss of ₹20 Cr |
Funding | ▲ $250M raised across 2 rounds |
Efficiency | ▲ EBITDA margin improved to -3% |
Valuation | ▲ $4B as of 2023 |
BrowserStack has revolutionized software testing with its robust, scalable cloud infrastructure, serving enterprises and developers worldwide. Its strong growth, continuous innovation, and global expansion plans position it as a leading player in the testing space with a promising outlook for profitability and potential IPO.
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This report is generated for informational purposes only and does not constitute investment advice.