Leapwork Raises $62M in Series B Funding

Leapwork, a Copenhagen, Denmark-based provider of an automation platform built for business users, raised $62M in Series B funding.

The round was co-led by KKR and Salesforce Ventures with participation from existing investors DN Capital and Headline.

The company intends to use the funds to continue to grow its global presence, building up local teams and expertise across each of its key markets, particularly Europe and North America, and power product development.

Co-founded by Christian Brink Frederiksen, CEO, and Claus Topholt, CPO, Leapwork provides a no-code automation platform that gives businesses the ability to scale with automation faster than code can be maintained – empowering quality assurance teams, leading to shorter test cycles and immediate return on investment. The solution is used by over 300 global enterprises including PayPal, Mercedes-Benz, and BNP Paribas.

The company has a team of 170 people, across 24 different nationalities and nine offices throughout Europe, North America, and Asia. Leapwork recently opened new offices in Frankfurt, London, Paris, Amsterdam, and Stockholm.