LambdaTest revenue hit $89M in 2024

LambdaTest generates revenue from 500000 customers

LambdaTest

1390 market Street, Suite 200, San Francisco, California, 94102, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How LambdaTest hit $89M revenue and 500K customers in 2023.

LambdaTest is a software company that provides a cloud-based testing platform for web and mobile applications. Their platform allows developers and testers to perform automated and manual testing across various browsers, operating systems, and devices, helping them to ensure their applications work seamlessly for all users. LambdaTest's solutions include automated testing, visual regression testing, and real-time testing tools that enable businesses to improve their web and mobile application quality and reduce time-to-market. The company was founded in 2018 and is based in San Francisco, California, with offices in India and the United Kingdom.

Founded

2017

Founded

Revenue

$89M

2023 Revenue

YOY

2714.66%

YOY

Funding

$70M

Funding

LambdaTest Revenue

In 2023, LambdaTest revenue run rate hit $89M in revenue.

  • 2023

    LambdaTest hit $89M in revenue in 2023

  • 2020

    LambdaTest hit $1.1M in revenue in 2020

  • 2017

    LambdaTest launched in 2017 with $0 revenue

LambdaTest Funding History

  • 2020 Series A

    LambdaTest raised a Series A of in December, 2020

  • 2019 Seed Round

    LambdaTest raised a Seed Round of in November, 2019

  • 2018 Seed Round

    LambdaTest raised a Seed Round of in December, 2018

FUNDING DATE ROUND AMOUNT VALUATION
December, 02 2020 Series A
November, 08 2019 Seed Round
December, 12 2018 Seed Round

Team

LambdaTest has 356 total employees and 7 sales reps that carry a quota. They have 500,000 customers an engineering team of 43 and a marketing team of 15.

DISTRIBUTION QTY
Total team size 356
Engineer 43 (12%)
Sales 7 (2%)
Marketing 15 (4%)

Founder / CEO

Asad Khan

Q&A

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Customers

Churn

LambdaTest Executives

Name Position Working Email Personal Email
Asad Khan CEO [email protected] -

LambdaTest Employees

Name Position Working Email Personal Email
Asad Khan CEO [email protected] -

Frequently Asked Questions about LambdaTest

  • When was LambdaTest founded?

    LambdaTest was founded in 2017.

  • How much revenue does LambdaTest generate?

    LambdaTest generates $89M in revenue.

  • Who is the CEO of LambdaTest

    The CEO of LambdaTest is Asad Khan.

  • How much funding does LambdaTest have?

    LambdaTest raised $70M.

  • How many employees does LambdaTest have?

    LambdaTest has 356 employees.

  • Where is LambdaTest headquarters?

    LambdaTest is headquartered at 1390 market Street, Suite 200, San Francisco, California, 94102, United States

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