BrowserStack Revenue, Valuation, Funding & Investors
BrowserStack is valued at $4B as of June 2021, a 20.0x multiple on its last reported $200M revenue.
Last BrowserStack valuation
$4B
Series B · Jun 2021
Last BrowserStack funding round
$200M
Series B · Jun 2021
BrowserStack revenue
$200M
Series B · Jun 2021
Key investors in BrowserStack
Accel
Insight Partners
Bond
About BrowserStack
BrowserStack is a cloud-based platform for cross-browser and mobile testing on real devices and browsers. Mumbai-headquartered BrowserStack operates data centers in fifteen locations worldwide, supporting Selenium, Appium, and Cypress frameworks. The service integrates with CI/CD pipelines from Jenkins, GitHub Actions, and CircleCI. It caters to development teams at Microsoft, Twitter, and Barclays by providing instant access to over three thousand browser-device combinations. Founded in 2011, BrowserStack accelerates release cycles through visual regression testing and live debugging features.
Founded
2011
HQ
DublinWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$200M (Jun 2021)
Valuation
$4B (Jun 2021)
BrowserStack Valuation
BrowserStack is currently valued at $4B, based on its Series B in June 2021.
The $200M round was led by Bond, with participation from Insight Partners and Accel.
BrowserStack's valuation has grown 10x from $400M at its Series A in January 2018 to $4B in June 2021, across 2 priced rounds.
BrowserStack valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jun 2021 | Series B | $4B | 20.0x |
| Jan 2018 | Series A | $400M | 133.3x |
BrowserStack Revenue
BrowserStack's latest recorded revenue is $200M, as of its Series B in June 2021. At a $4B valuation, that implies a 20.0x revenue multiple.
Revenue grew from $3M in January 2018 to $200M in June 2021, while the revenue multiple moved from 133.3x to 20.0x.
BrowserStack revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jun 2021 | $200M | $4B | 20.0x | Series B |
| Jan 2018 | $3M | $400M | 133.3x | Series A |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
BrowserStack Funding History
BrowserStack has raised a total of $250M across 2 funding rounds.
BrowserStack's first fundraising round was a $50M Series A in January 2018. The most recent completed round was a $200M Series B in June 2021.
BrowserStack funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2021 | Series B | Bond (lead); Insight Partners; Accel | $200M | $4B | BrowserStack is a cloud-based software testing platform that enables developers to test websites and mobile applications across millions of combinations of devices, browsers, operating systems, and versions, serving over 50,000 customers including more than half of the Fortune 500 such as Google, Amazon, Microsoft, Twitter, Tesco, IKEA, Spotify, Expedia, and Trivago. The company, founded in Mumbai and headquartered in Dublin and San Francisco, has been profitable since inception and bootstrapped for its first six years before raising institutional capital. It operates 15 data centers worldwide with over 2,000 devices and recently acquired Percy, a visual testing platform, to expand its offerings in DevOps testing. On June 16, 2021, BrowserStack closed a $200 million Series B funding round led by BOND, with participation from Insight Partners and existing investor Accel, achieving a post-money valuation of $4 billion and unicorn status. This brought total funding to $250 million across two rounds, following a $50 million Series A in 2018 at a $500-600 million valuation. The capital is earmarked for strategic acquisitions, new product development, global scale, and growth toward becoming the testing infrastructure for the internet, including investments in product and engineering teams. BrowserStack has demonstrated strong product-led growth, tripling its employee base to over 750 across seven countries in three years and opening ten new data centers. Over 60% of its customers are in the U.S., and it emphasizes employee wealth-building through ESOP share buybacks tied to the fundraise. The investment reflects surging demand for efficient cross-browser and device testing amid rising DevOps needs, positioning BrowserStack as a category leader in a competitive SaaS landscape with other Indian-origin unicorns like Chargebee. |
| Jan 2018 | Series A | Accel (lead) | $50M | $400M | BrowserStack is a web and mobile browser testing platform founded in 2011 that enables developers to test websites and applications across thousands of real devices, browsers, and operating systems. The platform had grown into a mature, bootstrapped, profitable business by the time of its Series A funding, serving over 25,000 paying customers including Microsoft, Twitter, Mastercard, Barclays, Gap, and others across 135 countries, with more than two million developers using the platform and more than half of customers based in North America. On January 30, 2018, BrowserStack announced a $50 million Series A investment from Accel Partners, marking the company's first external funding despite its profitability and strong word-of-mouth growth trajectory. Accel's Ryan Sweeney, Nate Niparko, and Shekhar Kirani led the deal, with Sweeney joining BrowserStack's board; Accel took a minority equity stake in the company. The investment was intended to fuel expansion of BrowserStack's testing infrastructure suite, enterprise go-to-market capabilities, and global team growth, while also establishing San Francisco as the company's North American headquarters. Unlike typical Series A rounds that include multiple investors, Accel committed the full $50 million solo investment, having tracked the company for years and viewing it as exceptionally mature for an early-stage funding round. |
Who has invested in BrowserStack?
3 investors have backed BrowserStack across its funding rounds, including Accel, Insight Partners and Bond.
Lead investors include Bond and Accel.
BrowserStack Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Palo Alto, CA | 2 | Lead | Jan 2018 | |
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Start Free TrialAcquisitions by BrowserStack
BrowserStack has acquired 6 companies to date.
Last acquisition by BrowserStack was on May 6th 2025. BrowserStack acquired Requestly for $30M.
Latest Acquisitions by BrowserStack
| Description | Requestly is a developer of a free, open-source browser extension and desktop app for API mocking, request interception, and testing. The platform enables developers to modify HTTP requests, simulate responses, and debug web applications locally. Requestly serves frontend and backend teams at companies worldwide, with features including conditional rules, session recording, and integrations with Chrome, Firefox, and Edge. | Requestly is a browser extension and platform for developers to intercept, modify, and debug HTTP requests. It supports URL rewriting, header editing, response mocking, and script injection for testing web apps across Chrome, Firefox, and Edge. Teams at companies like Google and Microsoft use it for frontend optimization and API simulation. Founded in 2016 in India, Requestly offers team collaboration features and cloud syncing for enterprise debugging workflows. | Bird Eats Bug is a browser extension for automated bug reporting that records screen sessions, console logs, network requests, and user actions during testing. Users generate shareable reports with replayable videos sent to tools like Jira and Linear. Berlin-headquartered since 2020, the platform supports over 50 engineering teams including remote QA without coding skills. | GreyAtom is a Mumbai-based onsite training academy delivering immersive programs in full-stack web development, data science, and machine learning. Structures six-month bootcamps with hands-on projects aligned to industry demands from partners like JP Morgan and Barclays. Places graduates into roles at Indian tech firms including Infosys and Accenture. Operates classrooms in Mumbai and remote cohorts serving professionals seeking upskilling in JavaScript, React, Python, and AWS. | |
| HQ Country | | |  |  | |
| HQ City | San Francisco, CA | San Francisco, CA | Berlin | Mumbai | |
| Deal Date | 6 May 2025 | 6 May 2025 | 27 Aug 2024 | 10 Jan 2022 | |
| Valuation | $30M | $30M | $20M | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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BrowserStack Competitors
BrowserStack competitors include listed companies like GitLab and Justsystems, and private ones like Modal Labs, Blockdaemon, Factory and n8n.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Stockholm | Private | $300M | - | $4.7B | 15.5x | |
| Los Angeles, CA | Private | $75M | - | $3.3B | 43.3x | |
| San Francisco, CA | Private | - | - | $5B | - | |
| Berlin | Private | $40M | - | $5.2B | - | |
| United States | Publicly listed | $955M | ($82M) | $8.4B | 6.7x | |
 Japan | Publicly listed | $331M | $156M | $1.8B | 3.2x |
BrowserStack Public Comps
BrowserStack is still privately-owned, but its public comps include Justsystems, C3.ai, Progress Software, Qt Group, Horizon Quantum, Hanwang Technology Co, Insyde Software, Shandong Cvicse, GitLab and JFrog.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $331M | $156M | 3.1x | 3.2x | 6.7x | - | |||
| $250M | ($484M) | 4.3x | 4.5x | (2.2x) | (6.2x) | |||
| $978M | $302M | 3.0x | 2.9x | 9.6x | 7.3x | |||
| $249M | $62M | 4.3x | 3.9x | 17.3x | 16.0x | |||
| $269K | ($5M) | 2287.8x | - | (125.2x) | (33.0x) | |||
| $282M | ($14M) | 2.2x | - | (44.4x) | - | |||
| $53M | $14M | 5.3x | 5.2x | 19.6x | 19.5x | |||
| $22M | ($2M) | 8.0x | - | (112.8x) | - | |||
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Common questions about BrowserStack
| When was BrowserStack founded? | BrowserStack was founded in 2011. |
| Where is BrowserStack headquartered? | BrowserStack is headquartered in Dublin, Ireland. |
| Is BrowserStack publicly listed? | No, BrowserStack is a private, VC-backed company. |
| What is BrowserStack's valuation? | BrowserStack was last valued at $4B in its Series B in June 2021. |
| How much funding has BrowserStack raised? | BrowserStack has raised $250M across 2 funding rounds. |
| What was BrowserStack's last funding round? | BrowserStack's last funding round was a $200M Series B in June 2021, led by Bond. |
| Who are BrowserStack's investors? | BrowserStack's investors include Accel, Insight Partners and Bond. |
| What is BrowserStack's revenue? | BrowserStack's latest recorded revenue is $200M (June 2021). |
| What is BrowserStack's revenue multiple? | BrowserStack's latest valuation implies a 20.0x revenue multiple ($4B valuation on $200M of revenue). |
| Which companies are comparable to BrowserStack? | Companies comparable to BrowserStack include Modal Labs, Blockdaemon, Factory, n8n, GitLab and Justsystems. |
| How many companies has BrowserStack acquired? | BrowserStack has acquired 6 companies, including Requestly, Requestly, Bird Eats Bug, GreyAtom and Nightwatch. |
| What was the largest acquisition by BrowserStack? | The $30M acquisition of Requestly in May 2025 is the largest acquisition BrowserStack has made to date. |
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