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Secondary marketplace / Explore private companies / LambdaTest IPO
LambdaTest

LambdaTest IPO

$391.72MM
Series D-3 Valuation, Dec 2024
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LambdaTest IPO date and status

2017
Founded
IPO Mentioned
Confidential Filing
S-1 Filed
IPO

Company details

LambdaTest is a software testing company which offers a cloud-based platform designed to enable developers to perform manual and automated testing to enterprises. Their platform strives to provide a scalable infrastructure for running tests across various browsers, devices, and operating systems, aiming to accelerate release cycles and improve application quality. LambdaTest focuses on enhancing testing efficiency with features like real-time browser testing, parallel execution, and integration with popular CI/CD tools. This company was founded by Asad Khan, Jay Singh, and Mayank Bhola in 2017 and is headquartered in San Francisco, CA.
lambdatest.com
Sector
Enterprise Software
Subsector
Software Development
Founded
2017
Headquarters
San Francisco, CA, United States
Forge Price 1
Price not yet available
Market Activity 2
Low
Last Matched Price
Get Full Access
Post-Money Valuation 3
$391.72MM
Total Funding
$106.64MM
Last Funding Round
Series D-3

Learn more about LambdaTest

To invest in LambdaTest pre-IPO

Can you invest in LambdaTest pre-IPO?

LambdaTest is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.

If you’re already accredited and have completed Forge’s verification, you can visit our marketplace to review and invest in private companies ahead of an IPO.

If you haven’t yet completed your accredited investor verification with Forge, you can start that process now to unlock access to new private-company offerings.

For more on who qualifies—and how to get verified—see our blog “Accredited investors, qualified clients and qualified purchasers: Who can invest?”

Can you sell shares of LambdaTest before it goes public?

Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while LambdaTest is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.

If you’d like additional guidance at any point, Forge private market specialists are available to help. For a step-by-step overview, check out our seller’s guide.

What is the pre-IPO value of my LambdaTest shares?

To explore the value of your LambdaTest shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.

These insights can help you determine a price you’re comfortable with if you choose to sell your shares. If you’d like additional guidance along the way, Forge private market specialists are available to help. You can also review our seller’s guide for a step-by-step overview.

Is LambdaTest a publicly traded company?

LambdaTest is a private company and not publicly traded.

If you’re interested in buying or selling shares in private companies, you can register with Forge today for free to explore available opportunities. Once registered, you’ll gain access to our marketplace, where you can view active buy and sell interest, evaluate pricing signals and take action directly through the platform.

To learn more about LambdaTest potential IPO

Will LambdaTest go IPO?

LambdaTest has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is LambdaTest’s IPO price?

The LambdaTest IPO price does not exist at this time, as LambdaTest is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to LambdaTest, register for Forge today.

When was LambdaTest founded?

LambdaTest was founded in 2017.

What is LambdaTest funding to date?

LambdaTest has raised $106.64MM to date.

LambdaTest pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
12/10/2024 Series D-3 $10MM $6.57 $391.72MM --
Price per Share
$ xx.xx
Shares Outstanding
1,521,676
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
--
12/10/2024 Series D-1 $23MM $5.15 $391.72MM Avataar Ventures, Qualcomm Ventures
Price per Share
$ xx.xx
Shares Outstanding
4,464,887
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Avataar Ventures, Qualcomm Ventures
12/10/2024 Series D-2 $5MM $4.44 $391.72MM Avataar Ventures, Qualcomm Ventures
Price per Share
$ xx.xx
Shares Outstanding
1,126,785
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Avataar Ventures, Qualcomm Ventures
03/29/2022 Series C-1 $34.69MM $7.03 $375.34MM Blume Ventures, Leo Capital, Premji Invest, Sandeep Johri, Sequoia Capital India, Telstra Ventures
Price per Share
$ xx.xx
Shares Outstanding
4,933,044
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blume Ventures, Leo Capital, Premji Invest, Sandeep Johri, Sequoia Capital India, Telstra Ventures
03/29/2022 Series C-2 $10MM $5.63 $375.34MM Blume Ventures, Leo Capital, Premji Invest, Sandeep Johri, Sequoia Capital India, Telstra Ventures
Price per Share
$ xx.xx
Shares Outstanding
1,777,418
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blume Ventures, Leo Capital, Premji Invest, Sandeep Johri, Sequoia Capital India, Telstra Ventures
06/02/2021 Series B-2 $11.8MM $2.46 $110.9MM Sequoia Capital India, Telstra Ventures, Wamda Capital
Price per Share
$ xx.xx
Shares Outstanding
4,798,369
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sequoia Capital India, Telstra Ventures, Wamda Capital
06/02/2021 Series B-1 $4.26MM $1.87 $110.9MM Sequoia Capital India, Telstra Ventures, Wamda Capital
Price per Share
$ xx.xx
Shares Outstanding
2,278,075
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sequoia Capital India, Telstra Ventures, Wamda Capital
10/21/2020 Series A-1 $4.53MM $0.59 $23.52MM Blume Ventures, Entr�E Capital, Gokul Rajaram, Leo Capital, Ramakant Sharma
Price per Share
$ xx.xx
Shares Outstanding
7,698,595
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blume Ventures, Entr�E Capital, Gokul Rajaram, Leo Capital, Ramakant Sharma
10/21/2020 Series A-2 $823,940.32 $0.47 $23.52MM Blume Ventures, Entr�E Capital, Gokul Rajaram, Leo Capital, Ramakant Sharma
Price per Share
$ xx.xx
Shares Outstanding
1,748,600
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blume Ventures, Entr�E Capital, Gokul Rajaram, Leo Capital, Ramakant Sharma
11/08/2019 Pre-Series A $1.86MM $0.34 $8.44MM Blume Ventures, Leo Capital
Price per Share
$ xx.xx
Shares Outstanding
5,539,800
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blume Ventures, Leo Capital
12/12/2018 Series Seed-1 $631,220.41 $0.18 $2.3MM Leo Capital
Price per Share
$ xx.xx
Shares Outstanding
3,566,217
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Leo Capital
12/12/2018 Series Seed $42,156.70 $0.15 $2.3MM Leo Capital
Price per Share
$ xx.xx
Shares Outstanding
275,534
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Leo Capital

LambdaTest IPO news and media highlights

TechCrunch 12/10/2024

Software testing platform LambdaTest secures $38M for AI push

LambdaTest, a cloud-based software testing platform, has raised $38 million in a Series D funding round as it looks to expand its presence in existing markets and improve its AI capabilities. The Series D was led by Avataar Ventures, and saw participation from Qualcomm Ventures. It brings LambdaTest’s total funding raised to $108 million.
SiliconANGLE 12/10/2024

Software testing startup LambdaTest raises $38M in Qualcomm-backed round

LambdaTest Inc., a startup with software for finding technical issues in applications, today announced that it has raised a $38 million funding round. Avataar Ventures led the investment with participation from Qualcomm Ventures. The cash infusion follows a $45 million raise in 2022. According to LambdaTest, its total outside funding now stands at $108 million. A web application that works well in Chrome may not necessarily load pages reliably when it’s accessed via Firefox.
Business Wire 09/20/2024

LambdaTest Launches Professional Services to Elevate Quality Engineering Excellence

LambdaTest, a leading cloud-based unified testing platform, officially introduced its Professional Services, designed to transform how organizations achieve quality engineering excellence. This service offers a comprehensive suite of end-to-end testing solutions, powered by AI-driven technology, ensuring maximum test coverage, optimized test scripts, and seamless framework migrations.
VentureBeat 08/21/2024

LambdaTest launches KaneAI agent for end-to-end software testing

California-based LambdaTest, the company known for helping leading enterprises test how their apps work across different platforms, is expanding into the AI domain with the launch of KaneAI, an agentic experience for end-to-end software testing and quality assurance. Available to select partners as an extension of the core LambdaTest platform, KaneAI allows users to write, execute, debug and evolve automated tests using nothing but natural language.
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Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Enterprise Software
Subsector: Software Development
Trade Metrics Last Funding Round
Company Forge Price Last Matched Round Post-Money Valuation 3 Price Per Share Amount Raised
CohesityCohesity$15.67 +$0.01 (0.06%)$ xx.xxSeries H-1$4.69B$15.66$27.5MM
DeelDeelNot available$ xx.xxSeries E$17.3B$38.92$300MM
GenesysGenesysNot available$ xx.xxNot available------
EnvoyEnvoyNot available$ xx.xxSeries C$1.4B$3.14$111MM
4C4CNot available$ xx.xxNot available------
See Tech IPO Calendar

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
SpaceX SpaceX $581.02 +$0.61 (0.11%)High $xxx.xx
Anduril Anduril $120.16 +$5.38 (4.69%)High $xxx.xx
Databricks Databricks $197.74 -$0.01 (0.01%)High $xxx.xx
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Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $120.16 +$5.38 (4.69%)High $xxx.xx
Databricks Databricks $197.74 -$0.01 (0.01%)High $xxx.xx
Apptronik Apptronik $38.05 +$0.33 (0.87%)High $xxx.xx
See All AI Companies

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Updated on: Jul 16, 2025

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