Testim
Test Automation Solution for Agile Teams
Company Overview
Snapshot
Founded in August 2014 by Oren Rubin, Testim operated with 1–10 employees and secured funding across 3 rounds from 7 investors, raising a total of $18 million. The company was acquired by Tricentis in February 2022.
Business overview
Testim provides a test automation solution for agile teams, leveraging machine learning to streamline the authoring, execution, and maintenance of automated test cases. Its core technology utilizes dynamic locators that learn with each execution, aiming to deliver fast authoring and stable tests that adapt to code changes, thereby reducing maintenance efforts. The company serves the business software sector, specifically targeting software development teams with its AI-based testing platform.
Strategic signal
Testim's acquisition by Tricentis in February 2022 for an estimated $200 million signals a significant consolidation in the software testing market. This move validates Testim's AI-based approach to test automation and indicates a growing industry demand for intelligent, self-learning testing solutions that can keep pace with agile development cycles. For investors, this acquisition highlights the strategic value of advanced test automation platforms and their potential for attractive exit opportunities within the enterprise software landscape.
Log in to access full profile ›Company Intelligence Q&A
- When was Testim acquired and by whom?
- Testim was acquired by Tricentis in February 2022.
- What was Testim's total capital raised before its acquisition?
- Testim raised a total of $18 million across 3 funding rounds, with investments from firms like Lightspeed Venture Partners, SignalFire, and Meron Capital.
- Which investors participated in Testim's June 2019 funding round?
- In June 2019, Testim received funding from investors including SignalFire and Meron Capital.
- What was a key product development announced by Testim in November 2019?
- In November 2019, Testim expanded its AI-based testing capabilities to developers and previewed a new development kit.
- What open-source and cloud service did Testim launch in August 2020?
- In August 2020, Testim launched Root Cause, an open-source and cloud service designed to simplify troubleshooting for Puppeteer and Playwright tests.