Leapwork gears up for US expansion with $10M investment to push ahead with plans to expand US sales operations and product development.
With a product that is rocking work on a global scale by making automation of repetitive computer tasks available to all without needing to learn code – and a growth of more than 450 % last year – Leapwork naturally caught the eye of global venture firms. And we’re happy to welcome DN Captial and E.Ventures to the Leapworkfamily.
"From the outset we were impressed by Leapwork's product, which we believe will change the automation landscape. Every company has repetitive tasks that could be automated and few have the developer resource to make it happen. Leapworksolves that by making automation easy for any employee. We're excited to watch them grow," says Thomas Rubens of DN Capital.
"Leapwork’s vision of a low-code / no-code software application to automate processes convinced us right away. Given that Leapworkhas been bootstrapped to this point and has shown massive traction at this stage of the company we are really happy to partner with such an exceptional team," says Christian Miele of e.ventures.
Leapwork’s unique visual technology and smart algorithms is a game changer that enables the users with the most relevant business knowledge to easily build automation themselves. And it enables companies to use the power of automation to work better, together – and increase both productivity and job satisfaction
"This investment is a perfect fit strategically. About half of our business comes from the US and this investment will enable us to serve those customers better as well as reaching new ones," says Christian Brink Frederiksen, Leapwork's CEO and co-founder.
Read the exclusive interview in TechCrunch
About Leapwork
Leapwork is the leading global AI-powered visual test automation platform, empowering the world's largest enterprises to adopt, maintain and scale automation in less than 30 days. Unlike traditional test automation, Leapwork is as easy and intuitive to use as cobbling Lego blocks together, for even the most complex test automation cases, which is why we are used by hundreds of global enterprises across all industries, from banks and insurance companies to life science, government, and aerospace. Clients include Mercedes Benz, PayPal, Beckman Coulter Life Sciences and BNP Paribas.
The company is headquartered in Copenhagen, Denmark, and has local offices across USA, Europe, and Asia. To learn more, visit: leapwork.com.
