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Monday, September 27, 2021

Leapwork secures the largest series B round in Denmark history

Leapwork, the Copenhagen based no-code software test automation platform, secured a$62 Million investment, becoming the largest series B round in the history of Denmark, at a$312 Million valuation. The round was co-led by KKR & Salesforce venture, supported as well by existing investors DN Capital & Headline. This brings the company’s total investment to date to $72 million. 

“ Our no-code automation technology has quickly become a fundamental requirement among our customers, enabling fast software releases and less downtime – speed being critical”

Leapwork CEO, Christian Brink Frederiksen.

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By using a visual approach, Leapworks aims to make digital transformation smoother by providing business units and technical staff a common platform to collaborate. According to the company, their no-code tech can help companies achieve 10x faster time to market, improve productivity by 97% and reduce software application errors by 90%.

Customers include global major players such PayPal, Mercedes-Benz and BNP Paribas.

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