LambdaTest

Systems and Information Management · San Francisco, CA · Founded 2017 · Privately Held (backing)

Developer of a unified enterprise test execution cloud platform designed for businesses to reduce time to market through test execution. LambdaTest is based in San Francisco, CA and was founded in 2017. It was valued at $400 million at its later-stage round in Dec 2024, the last priced event on record. It has raised $108 million across 2 recorded rounds; the latest was a $38 million Series D in Dec 2024.

PMV mark · valuation
$400.0M
Oct 2026
Priced at
its later-stage round
Dec 2024
Total raised
$108.0M
Last round
Later Stage VC (Series D)
Dec 2024

LambdaTest key facts

as of Oct 2026
  • Developer of a unified enterprise test execution cloud platform designed for businesses to reduce time to market through test execution.
  • LambdaTest is valued at approximately $400.0M as of Oct 2026, set at its later-stage round, Dec 2024; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $108.0M across 2 recorded rounds; the latest was Later Stage VC (Series D) ($38.0M) in Dec 2024.
  • Notable investors include Sequoia Capital, Qualcomm Ventures, Peak XV Partners, Gokul Rajaram, Blume Venture Advisors — 21 tracked in total.
  • LambdaTest has filed 1 Form D with the SEC, most recently Nov 2020 ($4.7M sold to 12 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$400.0M

Valued at $400.0M at its later-stage round, Dec 2024. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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LambdaTest funding rounds

2 rounds
Dec 2024Later Stage VC (Series D)$38.0M▮
Oct 2020Seed Round$4.7MSEC filing▮

LambdaTest valuation

LambdaTest was valued at $400 million at its later-stage round in Dec 2024. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has LambdaTest raised?

LambdaTest has raised $108 million in total; 2 of its rounds are on record. The largest on record was a $4.7 million seed round in Oct 2020; the most recent was a $38 million Series D in Dec 2024.

LambdaTest has filed 1 Form D with the SEC, most recently in Nov 2020 ($4.7 million sold to 12 investors).

LambdaTest investors

21 investors are on record for LambdaTest, including Sequoia Capital, Qualcomm Ventures, Peak XV Partners and Gokul Rajaram. By type, the record holds 8 venture capital firms and 2 growth equity firms. The Series D in Dec 2024 drew 1 investor.

Comparable companies

Comparable systems and information management names by valuation on PrivateMarketView: DataBank (Systems and Information Management) ($2.2 billion), Wasabi ($1.8 billion) and Nubis Communications ($271 million).

About LambdaTest

Developer of a unified enterprise test execution cloud platform designed for businesses to reduce time to market through test execution. The company's platform leverages artificial intelligence for scalable and reliable cloud infrastructure that runs on end-to-end selenium automation that is built from the ground up to help in the precise debugging of browser compatibility issues on both desktop and mobile browsers, enabling developers and testers to create, view, edit, and assign issues to team members easily.

Industry
Systems and Information Management
Sector
Information Technology
HQ
San Francisco, CA, United States
Founded
2017
Employees
500
Ownership
Privately Held (backing)

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