HackerRank, co-founded by Vivek Ravisankar and Hari Karunanidhi, is a global leader in technical hiring and developer skills assessment. Founded in 2012, HackerRank provides a comprehensive platform for coding assessments, virtual interviews, and upskilling, trusted by enterprises worldwide. With a growing focus on AI-driven assessments and expanding B2B solutions, the company empowers organizations to hire top tech talent efficiently. Headquartered in California with strong India operations, HackerRank continues to scale rapidly while innovating its product offerings.
Metric | Detail |
---|---|
Founding Year | 2012 |
Headquarters | USA & India |
Revenue FY23 | ₹450 Cr |
Revenue FY22 | ₹300 Cr |
Profit/Loss FY23 | Net Profit (~₹30 Cr) |
Total Employees FY23 | ~350 |
Round | Date | Amount Raised | Valuation | Investors |
---|---|---|---|---|
Series D | Feb 2021 | $60 million | ~$500 million | Benchmark, Dragoneer, Tiger Global |
Series C | Mar 2018 | $30 million | — | JMI Equity, Khosla Ventures |
Series B | Nov 2014 | $9.2 million | — | Khosla Ventures |
HackerRank’s revenue increased from ₹300 Cr in FY22 to ₹450 Cr in FY23 and is projected to reach ₹600 Cr in FY24. The company turned profitable in FY23, marking a major milestone in its growth journey.
Expense ratios improved from 90% in FY22 to an expected 70% in FY24, highlighting strong operational efficiencies and focus on profitability.
HackerRank’s workforce expanded from ~300 in FY22 to ~350 in FY23 and is expected to reach ~400 in FY24, supporting its global expansion and product innovation initiatives.
HackerRank launched AI-driven hiring analytics, strengthened its enterprise solutions, and expanded remote interview capabilities with advanced proctoring tools.
Metric | Detail |
---|---|
Revenue Growth | ₹300 Cr → ₹450 Cr → ₹600 Cr (strong upward trend) |
Profitability | Profitable (~₹30 Cr in FY23), improving |
Employee Growth | ~300 → ~350 → ~400 (steady growth) |
Market Position | Leading global tech hiring and assessment platform |
HackerRank’s strong revenue growth, profitability achievement, and global expansion highlight its leadership in the technical hiring space. With continuous product innovations and AI integrations, the company is well-positioned for future success. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
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