Latka logo

2024 Revenue

$25.7M

Customers

150

Funding

$41.2M

YOY

21.9%

Avg ACV

$171K

Team

141

Churn

24%

Founded

2012

How Rainforestqa CEO Fred Stevens-Smith grew Rainforestqa to $25.7M revenue and 150 customers in 2024.

Rainforest QA is a platform that offers on-demand, scalable QA testing services for web and mobile applications. Their crowd-sourced testing approach allows businesses to easily scale their QA efforts and ensure the quality of their software products.

Last updated

Rainforestqa Revenue

In 2024, Rainforestqa's revenue reached $25.7M. The company previously reported $21.1M in 2023. Since its launch in 2012, Rainforestqa has shown consistent revenue growth.

Rainforestqa Revenue GrowthReported revenue / ARR by year$0$6M$12M$18M$24M$30M2012201420162018202020222024$0$14M$21M$26MSource: GetLatka.com
YearMilestone
2024Rainforestqa Hit $25.7m revenue in October 2024
2023Rainforestqa Hit $21.1m revenue in December 2023
2017Rainforestqa Hit $13.5m revenue in October 2017
2012Launched with $0 revenue

Rainforestqa Valuation, Funding Rounds

Rainforestqa has not publicly disclosed its valuation. The company has raised $41.2M in total funding to date.

Rainforestqa has raised $41.2M in total funding across 4 rounds, with its most recent round in 2018.

Rainforestqa Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$10M$20M$30M$40M$50M20122013201420152016201720182012 cumulative: $0 • 2012 Founded: $02013 cumulative: $170K • 2012 Founded: $0 • 2013 Funding round: $170K2015 cumulative: $4M • 2012 Founded: $0 • 2013 Funding round: $170K • 2015 Funding round: $4M2016 cumulative: $16M • 2012 Founded: $0 • 2013 Funding round: $170K • 2015 Funding round: $4M • 2016 Funding round: $12M2018 cumulative: $41M • 2012 Founded: $0 • 2013 Funding round: $170K • 2015 Funding round: $4M • 2016 Funding round: $12M • 2018 Funding round: $25M$41M2012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Funding round$25M--
2016Funding round$12M--
2015Funding round$4M--
2013Funding round$170K--

Rainforestqa Employees & Team Size

Rainforestqa employs approximately 141 people as of 2026, down from 154 in 2023.

Rainforestqa has 141 total employees in different roles and functions and 1 sales reps that carry a quota. They have 150 customers that rely on the company's solutions.

Rainforestqa Team GrowthReported headcount over time060120180240300201220142016201820202022202400141141Source: GetLatka.com
YearMilestone
2024Reached 141 employees (December 2024)
2024Reached 154 employees (October 2024)
2023Reached 154 employees (December 2023)
2023Reached 154 employees (September 2023)
2023Reached 151 employees (January 2023)
2022Reached 151 employees (December 2022)
2022Reached 159 employees (January 2022)
2021Reached 166 employees (December 2021)
2021Reached 168 employees (August 2021)
2020Reached 151 employees (December 2020)
2020Reached 152 employees (June 2020)
2019Reached 158 employees (December 2019)
2018Reached 262 employees (December 2018)
2017Reached 80 employees (October 2017)

Founder / CEO

Fred Stevens-Smith

Fred Stevens-Smith is the CEO and co-founder of Rainforest QA. Fred spends all his time driving the company to build a better, faster way to do QA while remaining a place that people love to work at. Since Rainforest’s early days at Y-Combinator in 2012, Fred has led the company through rapid growth, building not only a QA platform that leverages both crowdsourcing and machine learning to accelerate testing, but also a team spread across 16 countries on 5 continents. Fred Stevens-Smith Founder & CEO

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how Rainforestqa acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about Rainforestqa

What is Rainforestqa's revenue?

Rainforestqa generates $25.7M in revenue.

Who founded Rainforestqa?

Rainforestqa was founded by Fred Stevens-Smith.

Who is the CEO of Rainforestqa?

The CEO of Rainforestqa is Fred Stevens-Smith.

How much funding does Rainforestqa have?

Rainforestqa raised $41.2M.

How many employees does Rainforestqa have?

Rainforestqa has 141 employees.

Where is Rainforestqa headquarters?

Rainforestqa is headquartered in San Francisco, California, United States.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Rainforestqa Revenue 2024: $25.7M ARR, $41.2M Raised