Leapwork Raises $62 Million in Series B

by Kay Aloha Villamor in

Leapwork, a supplier of an automation platform for corporate users situated in Copenhagen, Denmark, has raised $62 Million in Series B funding.

Co-led by KKR and Salesforce Ventures, existing investors DN Capital and Headline also participated in the round.

The fund will be used to expand the company's global presence by establishing local teams and expertise in each of its core regions, including Europe and North America, as well as power product development.

Company: LEAPWORK A/S

Raised: $62.0M

Round: Series B

Lead Investor: KKR and Salesforce Ventures

Additional Investors: DN Capital and Headline 

Company Website: https://www.leapwork.com/

Software Category: no-code automation platform 

About the Company: Leapwork is a no-code automation platform co-founded by Christian Brink Frederiksen, CEO, and Claus Topholt, CPO, that allows businesses to scale with automation faster than code can be maintained, empowering quality assurance teams and resulting in shorter test cycles and an immediate return on investment. Over 300 worldwide companies, including PayPal, Mercedes-Benz, and BNP Paribas, employ the system. The company employs 170 workers from 24 different countries across nine offices in Europe, North America, and Asia. New offices for Leapwork have been opened in Frankfurt, London, Paris, Amsterdam, and Stockholm.

Source: https://www.finsmes.com/2021/08/leapwork-raises-62m-in-series-b-funding.html

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