Testlio operates a SaaS testing-management platform combined with an on-demand network of 10,000+ vetted freelance testers and an internal team of roughly 150. The platform manages test-case definition, integration of manual and automated testing, and logistics to deliver burstable testing capacity. Testlio serves large digital-product teams at companies such as Amazon, American Express, Fox, Microsoft, Netflix, the NBA, SAP and ViacomCBS, while also offering packages for early-stage startups. The company plans to double down on its platform and invest heavily in R&D, while expanding sales and operations and going on a hiring spree. Financially, Testlio has been profitable for 10 consecutive quarters and has exceeded a $20 million annualized revenue run rate, with revenue up 50% and headcount nearly doubling year over year. As part of its growth and retention strategy, the company allocated a portion of recent financing to allow long-tenured employees to sell a minority of vested equity. Testlio provides on-demand mobile app testing through a vetted global testing community that takes ownership of test plan management and execution for development teams. The company delivers validated bug reports directly within a customer's existing development and testing environment. Testlio positions itself as a global testing service provider that helps development teams enhance their quality assurance function. The company was founded in 2012 by Kristel Viidik and Marko Kruustük and is based in San Francisco, CA. Testlio recently closed a funding round and plans to use proceeds to expand infrastructure in San Francisco and Tallinn, Estonia to better support its global customers. No operating metrics (revenue/users) were disclosed in the article. Testlio supplies development teams with dedicated, on-demand QA testers who deliver regular test reports synchronized with clients' development schedules. The company uses its own test plan management system and assigns an account manager and test lead to build processes and scale tester counts across platforms like iPhone, Android and web. That elasticity lets teams ramp up QA for major launches while avoiding the cost of maintaining a full in-house QA staff. Testlio regularly works with 100–200 QA testers and reports that "thousands" have signed up for its verification process; the company employs 10 permanent team members. Its client base includes Acompli (acquired by Microsoft to build the new Outlook for iOS). Testlio plans to use new funding to expand its tester network and onboard more clients.

Total raised

$19M

Funding rounds

3

Latest round

Series B

Latest activity

Oct 2021