Tricentis
Founded Year
2007Stage
Growth Equity | AliveTotal Raised
$177MLast Raised
$3M | 6 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-19 points in the past 30 days
About Tricentis
Tricentis specializes in continuous testing and quality engineering, focusing on automated software testing tools. The company offers a range of products including test automation, test management, performance testing, mobile testing, and data & change intelligence solutions. Tricentis primarily serves sectors that require robust software testing solutions, such as financial services, healthcare, telecom, and retail. It was founded in 2007 and is based in Austin, Texas.
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Research containing Tricentis
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Tricentis in 1 CB Insights research brief, most recently on Sep 21, 2022.
Expert Collections containing Tricentis
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Tricentis is included in 1 Expert Collection, including Robotic Process Automation.
Robotic Process Automation
322 items
RPA refers to the software-enabled automation of data-intensive tasks that are low-skill but highly sensitive operationally, including data entry, transaction processing, and compliance.
Tricentis Patents
Tricentis has filed 2 patents.
The 3 most popular patent topics include:
- artificial intelligence
- artificial intelligence applications
- artificial neural networks
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
11/6/2020 | 7/25/2023 | Optical character recognition, Artificial neural networks, Artificial intelligence applications, Artificial intelligence, Image processing | Grant |
Application Date | 11/6/2020 |
|---|---|
Grant Date | 7/25/2023 |
Title | |
Related Topics | Optical character recognition, Artificial neural networks, Artificial intelligence applications, Artificial intelligence, Image processing |
Status | Grant |
Latest Tricentis News
Sep 13, 2024
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration (Reuters) - Private equity firm Insight Partners is exploring a sale of Tricentis, in a deal that it is hoping could value the software provider for developer applications at more than $4 billion, according to four people familiar with the matter. Insight is working with investment bank Evercore to solicit interest from potential buyers, which include other private equity firms, the sources said. Insight Partners may decide to retain a minority stake in the company, one of the sources said. The sources cautioned that no sale was guaranteed and spoke on condition of anonymity to discuss confidential information. Insight, Tricentis and Evercore did not respond to requests for comment. Tricentis, based in Austin, Texas, provides software that helps enterprise development teams fully automate the software testing process, using artificial intelligence. The company said it has more than 2,500 customers, including Accenture, Coca-Cola and Nationwide Insurance. Tricentis generates $430 million in revenue, which it expects to increase by 24% in 2025, according to one of the sources. The business produces nearly $86 million in earnings before interest, taxes, depreciation, and amortization, the source said. Tricentis was founded in Vienna, Austria in 2007. Insight Partners invested in the company in 2017, leading their $165 million financing round. (Reporting by Milana Vinn in New York; Editing by Lincoln Feast.) Open Modal
Tricentis Frequently Asked Questions (FAQ)
When was Tricentis founded?
Tricentis was founded in 2007.
Where is Tricentis's headquarters?
Tricentis's headquarters is located at 5301 Southwest Parkway, Austin.
What is Tricentis's latest funding round?
Tricentis's latest funding round is Growth Equity.
How much did Tricentis raise?
Tricentis raised a total of $177M.
Who are the investors of Tricentis?
Investors of Tricentis include Harbert European Growth Capital, Insight Partners, Wipro Ventures and ViewPoint Capital Partners.
Who are Tricentis's competitors?
Competitors of Tricentis include Cycle Labs, Testsigma, SmartBear, Karate Labs, Leapwork and 7 more.
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Compare Tricentis to Competitors
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BrowserStack is a software testing platform that specializes in web and mobile application testing across various browsers and real devices. The company offers a suite of services including manual and automated testing, visual review tools, and compliance testing for accessibility standards. BrowserStack serves a broad range of customers, from individual developers to large enterprises, providing tools to improve software quality and streamline the testing process. It was founded in 2011 and is based in Dublin, Ireland.
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Katalon Studio is a comprehensive test automation platform that caters to various aspects of software testing. The platform enables the creation, execution, and management of automated tests for web, mobile, desktop, and API applications. Katalon Studio offers a suite of tools that support no-code test creation, AI-augmented testing, and integration with CI/CD pipelines, facilitating efficient and scalable test automation for teams of any size. It was founded in 2016 and is based in Atlanta, Georgia.
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Postman serves as an API platform in the technology sector, focusing on streamlining the API development process. The company offers a suite of tools that simplify building, testing, and collaborating on APIs, making it accessible for developers and organizations to create and manage APIs efficiently. Postman primarily serves the software development industry. It was founded in 2014 and is based in San Francisco, California.
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