2024 Revenue
$75.6M
Funding
$19.5M
YOY
52.4%
Team
726
Founded
2012
How Testlio CEO Steve Semelsberger grew Testlio to $75.6M revenue with a 726 person team in 2024.
At Testlio, we test your products and uncover issues before your customers do. We are fast, scalable and focused on quality.
Last updated
Testlio Revenue
In 2024, Testlio's revenue reached $75.6M. The company previously reported $49.6M in 2023. Since its launch in 2012, Testlio has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Testlio Hit $75.6m revenue in October 2024 |
| 2023 | Testlio Hit $49.6m revenue in December 2023 |
| 2016 | Testlio Hit $3.2m revenue in April 2016 |
| 2012 | Launched with $0 revenue |
Testlio Valuation, Funding Rounds
Testlio has not publicly disclosed its valuation. The company has raised $19.5M in total funding to date.
Testlio has raised $19.5M in total funding across 5 rounds, most recently a $12M Series B round in 2021.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | Series B | $12M | - | - |
| 2016 | Series A | $6.3M | - | - |
| 2014 | Convertible Note | $1M | - | - |
| 2013 | Seed Round | $213K | - | - |
| 2013 | Convertible Note | $25K | - | - |
Testlio Employees & Team Size
Testlio employs approximately 726 people as of 2026, up from 658 in 2023.
Testlio has 726 total employees in different roles and functions and 15 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 726 employees (December 2024) |
| 2024 | Reached 720 employees (October 2024) |
| 2023 | Reached 658 employees (December 2023) |
| 2022 | Reached 633 employees (December 2022) |
| 2021 | Reached 498 employees (December 2021) |
| 2021 | Reached 346 employees (October 2021) |
| 2016 | Reached 72 employees (April 2016) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Testlio yet.
Frequently Asked Questions about Testlio
What is Testlio's revenue?
Testlio generates $75.6M in revenue.
Who founded Testlio?
Testlio was founded by Steve Semelsberger.
Who is the CEO of Testlio?
The CEO of Testlio is Steve Semelsberger.
How much funding does Testlio have?
Testlio raised $19.5M.
How many employees does Testlio have?
Testlio has 726 employees.
Where is Testlio headquarters?
Testlio is headquartered in Tallinn, Estonia.
People Also Viewed

League
Founded in 2014, League is the leading healthcare consumer experience (CX) platform, powered by artificial intelligence (AI), reaching more than 63 million people around the world and delivering the highest level of personalization in the industry. Payers, providers, and healthcare innovators build on League’s platform to deliver high-engagement healthcare solutions proven to improve health outcomes. League has raised over $285 million in venture capital funding to date, powering the digital experiences for some of healthcare’s most trusted brands, including Highmark Health, Shoppers Drug Mart, Medibank and Manulife.

ti&m
ti&m stands for technology, innovation and management. We are the Swiss leader in digitalization projects and products. With AI-powered innovation and a strong commitment to open source, we efficiently address our clients’ challenges and provide vertical integration along the entire IT value chain. Across our offices in Zurich, Bern, Basel, Frankfurt am Main, Dusseldorf, and Singapore, we employ over 550 highly skilled engineers, designers, and consultants. As we open new locations, we continue to bring our expertise to additional financial and technology hubs, aligned with our clients’ evolving needs.

Experience.com
Experience.com connects & measures at the employee level to drive behavior that creates a better customer experience and online reputation.

Covalense Digital
Covalense Digital, a leading Enterprise Software company, specializes in enabling Communications Service Providers (CSPs) to go digital and beyond connectivity. Covalense Digital innovated a revolutionary platform Csmart Synapse, a SaaS BSS Platform to help develop advanced digital ecosystems for collaboration and innovative solution delivery. It enables Communications operators to swiftly adapt to market shifts, offering a unique fusion of flexibility and functionality across segments including MNO, MVNO, MVNE, 5G, IoT, and more. Csmart features end-to-end concept2cash2care workflows that adhere to TM Forum ODA and open APIs, leverage microservices, and integrate low-code/no-code. It is a digital fabric built using multiple digital products embedded with gen AI models. This approach allows operators to customize offerings, accelerate service launches, create new revenue streams, enhance customer experiences, and optimize operations.

Bizom
Bizom’s Real Intelligence Platform is redefining global CPG distribution by blending AI, human intuition, and industry alignment to help brands act smarter and grow faster. Our platform empowers teams to move beyond guesswork and drive real outcomes across the value chain. With a footprint of 750+ brands, 300K+ distributors, 250K+ salespeople, 8Mn+ retailers across 35+ countries, and powering $20Bn+ in annual GMV, Bizom is transforming the way the world’s leading CPG companies sell, distribute, and scale - with Real Intelligence. Thus, helping find the right demand in the market, and place the right products at the right outlets.

ComplianceQuest
Next-generation AI-powered product lifecycle, quality and safety management platform built on Salesforce
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 .
