LambdaTestrevenue & funding
Software Testing Tools1390 market Street, Suite 200, San Francisco, CaliforniaFounded 2017CEO Asad Khan
LambdaTest is a software company that provides a cloud-based testing platform for web and mobile applications.
- Customers
- 500K
LambdaTest revenue
LambdaTest has not published its revenue. GetLatka estimates it at about $120.6M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| 2020 | $1.1M | – |
| Dec 2023 | $89MEST. | Growjo estimate |
| Oct 2024 | $120.6MEST. | GetLatka estimate |
– source not recorded
LambdaTest funding rounds & investors
LambdaTest has raised $9M across three rounds since 2018. The latest was a $6M Series A in December 2020.
| Date | Round | Raised |
|---|---|---|
| Dec 2020 | Series A | $6M |
| Nov 2019 | Seed | $2M |
| Dec 2018 | Seed | $1M |
| Total raised | $9M |
LambdaTest competitors
LambdaTest competes most directly with BrowserStack, Sauce Labs and TestingBot.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 BrowserStack | $225M | $250M | 1,804 | 50K | 2011 |
| LambdaTest | $120.6M | $9M | 356 | 500K | 2017 |
 Sauce Labs | $92.1M | $151M | 319 | 3.5K | 2008 |
 TestingBot | $106.6K | – | 3 | – | 2011 |
LambdaTest CEO, founders & employees
Asad Khan founded LambdaTest in 2017 and runs it as CEO. LambdaTest had 356 employees (October 2024, LinkedIn).
- Asad KhanFounder & CEO
All 7 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 356 | |
| Jul 2023 | 356 | – |
| Dec 2020 | 118 | – |
| Jun 2020 | 66 | – |
| 2020 | 70 | – |
| Dec 2019 | 67 | – |
| Dec 2018 | 51 | – |
LambdaTest FAQ
What is LambdaTest's revenue?
GetLatka estimates LambdaTest's revenue at about $120.6M a year (October 2024). The company hasn't published its own figure.
How much funding has LambdaTest raised?
LambdaTest has raised $9M across three funding rounds. The latest was a $6M Series A in December 2020.
How many employees does LambdaTest have?
LambdaTest had 356 employees in October 2024, according to LinkedIn.
Who is the CEO of LambdaTest?
Asad Khan is the CEO of LambdaTest and founded the company in 2017.
Who founded LambdaTest?
Asad Khan founded LambdaTest in 2017.
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How this page is sourced
1 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Sep 10, 2026Data disclaimerReport a correctionClaim this profileRun LambdaTest? Join the podcast