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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.

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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.

Testlio Revenue GrowthReported revenue / ARR by year$0$20M$40M$60M$80M2012201420162018202020222024$0$3M$50M$76MSource: GetLatka.com
YearMilestone
2024Testlio Hit $75.6m revenue in October 2024
2023Testlio Hit $49.6m revenue in December 2023
2016Testlio Hit $3.2m revenue in April 2016
2012Launched 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.

Testlio Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$5M$10M$15M$20M$25M2012201420162018202020212012 cumulative: $0 • 2012 Founded: $02013 cumulative: $25K • 2012 Founded: $0 • 2013 Convertible Note: $25K2013 cumulative: $238K • 2012 Founded: $0 • 2013 Convertible Note: $25K • 2013 Seed Round: $213K2014 cumulative: $1M • 2012 Founded: $0 • 2013 Convertible Note: $25K • 2013 Seed Round: $213K • 2014 Convertible Note: $1M2016 cumulative: $7M • 2012 Founded: $0 • 2013 Convertible Note: $25K • 2013 Seed Round: $213K • 2014 Convertible Note: $1M • 2016 Series A: $6M2021 cumulative: $19M • 2012 Founded: $0 • 2013 Convertible Note: $25K • 2013 Seed Round: $213K • 2014 Convertible Note: $1M • 2016 Series A: $6M • 2021 Series B: $12M$19M2012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Series B$12M--
2016Series A$6.3M--
2014Convertible Note$1M--
2013Seed Round$213K--
2013Convertible 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.

Testlio Team GrowthReported headcount over time0200400600800201220142016201820202022202400726726Source: GetLatka.com
YearMilestone
2024Reached 726 employees (December 2024)
2024Reached 720 employees (October 2024)
2023Reached 658 employees (December 2023)
2022Reached 633 employees (December 2022)
2021Reached 498 employees (December 2021)
2021Reached 346 employees (October 2021)
2016Reached 72 employees (April 2016)

Founder / CEO

Steve Semelsberger

Steve Semelsberger is listed as Founder / CEO at Testlio.

Q&A

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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.

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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 .