TestGorilla Secures $70 Million in Series A  

by Kay Aloha Villamor in July 1st, 2022

TestGorilla, an Amsterdam, Netherlands-based management software company that offers pre-employment screening tests and assessments for recruiters and HR managers, secured $70 million in Series A.

The round was co-led by Balderton and Atomico, and brings the company’s total funding to $80 million, following previous investments from Notion, Partech, and CapitalT.

TestGorilla funding uses to expand its test library and its team, TestGorilla test library continues to expand, with the existing 220-plus tests due to be joined by a further 100 by the end of 2022. Also, expect to hire 100 new employees in the coming year.

Luca Eisenstecken from Atomico and James Wise from Balderton Capital will join the board as part of this investment round.

Company: TestGorilla B.V.

Raised: $70.0M

Round: Series A

Funding Month: June 2022 

Lead Investors: Balderton and Atomico 

Additional Investors: Notion, Partech, and CapitalT

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

Software Category: Pre-Employment Testing Software

About the Company:  Founded by serial entrepreneur Wouter Durville and former Bain & Company partner Otto Verhage, TestGorilla operates an employee and applicant testing platform that allows employers and customers (“customers”) to instruct test takers to take aptitude, personality, and skills tests through the platform. TestGorilla makes the recruitment process more fair, efficient, and data-driven by enabling organizations to use skills assessments as soon as candidates apply for open roles. TestGorilla has attracted more than 5,000 customers, in less than two years since its launch in the summer of 2020. These include Sony, PepsiCo, Bain & Co, Oracle, Revolut, H&M, and the UK’s National Health Service. G2, the world’s largest software marketplace, recently named TestGorilla in its prestigious list of the top five fastest-growing software products for 2022.

Source: https://www.balderton.com/news/testgorilla-secures-70m-series-a-to-help-companies-eliminate-hiring-bias/ https://www.testgorilla.com/blog/testgorilla-secures-70m-series-a-funding-to-help-companies-eliminate-hiring-bias/

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