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Leapwork has raised $72.0M across 2 funding rounds.
Key people at Leapwork.
Leapwork has raised $72.0M in total across 2 funding rounds.
Leapwork provides a no-code, AI-powered automation platform, enabling businesses to visually construct and manage automation flows. This empowers non-technical personnel to automate tasks and execute software testing, bridging business needs with technical execution, streamlining operations, and accelerating software quality and delivery.
Christian Brink Frederiksen and Claus Topholt co-founded Leapwork in 2015. Their insight arose from software development's complexities and traditional automation's limitations, driving them to democratize automation. They envisioned a solution allowing business users to apply domain knowledge, circumventing technical obstacles.
The platform serves enterprise clients across finance, healthcare, and retail, seeking to reduce software risks and expedite digital transformation. Leapwork’s vision is to cultivate an automation mindset, making clarity and quality standard, enabling teams to prioritize innovation and strategic value over manual execution.
Key people at Leapwork.
Leapwork is a codeless, AI-powered test automation platform that enables businesses to build, maintain, and scale end-to-end automated testing for applications across any platform.[5][6] It serves over 400 global enterprises in industries like banking, insurance, life sciences, government, and aerospace, solving the problem of repetitive manual testing by empowering IT, business users, and QA teams to automate complex processes visually without coding.[1][2][3] This accelerates adoption, reduces maintenance, and supports agile/DevOps environments, with customers reporting 20% faster checkout times and scaled QA capabilities.[5]
Leapwork's growth momentum stems from its no-code approach, quick 30-day ramp-up, and resilient automation that adapts to evolving systems, making quality assurance a core strength rather than a bottleneck.[4][7]
Leapwork was co-founded by Christian Brink Frederiksen, who serves as CEO, though specific founding year and detailed backstory are not detailed in available sources.[1] The company emerged to address test automation challenges at scale, focusing on removing barriers between humans and machines through accessible, visual tools.[2][8] Early traction built on its mission to free teams from repetitive tasks, enabling innovation; it has since expanded to support diverse enterprises, with pivotal adoption by firms like BNP Paribas (averaging 10 minutes per test automation) and testimonials from leaders at Mattress Firm and Handelsblatt highlighting rapid scaling of QA from scratch.[5][6]
Leapwork stands out in test automation through these key strengths:
Leapwork rides the wave of cloud migration, AI-driven DevOps, and relentless software adoption, where mission-critical shifts demand faster, reliable testing amid rapid system evolution.[1][2] Timing is ideal as enterprises scale automation but face traditional coding barriers; Leapwork's no-code model accelerates this, aligning with trends like continuous quality and agile releases.[4][5] Market forces favoring it include rising QA demands in multi-platform environments and AI efficiency needs, influencing the ecosystem by democratizing testing—boosting innovation at firms like Ascensus and enabling "quality built in from the start."[5][8]
Leapwork is poised to expand as AI test automation matures, potentially deepening integrations with cloud-native apps and predictive analytics for even lower maintenance.[6] Trends like hyper-automation and zero-trust DevOps will shape its path, amplifying influence through broader no-code adoption in enterprises. Its evolution from testing barriers to innovation enabler positions it to capture more of the growing automation market, sustaining momentum seen in 400+ customers today.
Leapwork has raised $72.0M in total across 2 funding rounds.
Leapwork's investors include Salesforce Ventures, Patrick Devine, DN Capital, Headline, Thomas Rubens, Christian Miele.
Leapwork has raised $72.0M across 2 funding rounds. Most recently, it raised $62.0M Series B in August 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2021 | $62M Series B | Salesforce Ventures, Patrick Devine | DN Capital, Headline | Announced |
| Apr 16, 2019 | $10M Series A | Thomas Rubens, Christian Miele | — | Announced |
