How Much Did TestGorilla Raise?
Funding & Key Investors

TestGorilla, a prominent online skills assessment platform, has secured significant enterprise-level funding, with its total capital raised standing at $81.2M. The company recently announced a major strategic investment of $70M, underscoring its robust growth trajectory and market position. This latest financing round follows a series of earlier investments that have fueled TestGorilla's expansion and product development in the competitive HR technology landscape.

What is TestGorilla?

TestGorilla
SoftwareHuman Resources Software

TestGorilla operates an innovative online platform designed to streamline the hiring process through comprehensive skills assessments and one-way video interviewing capabilities. Serving a global clientele of recruiters, HR professionals, and hiring managers across more than 40 countries, the Netherlands-registered company is dedicated to enhancing recruitment efficiency and accuracy. Its technology aims to provide objective insights into candidate capabilities, thereby reducing bias and improving hiring outcomes for organizations worldwide.

How much funding has TestGorilla raised?

TestGorilla has raised a total of $81.2M across 3 funding rounds:

2020

Angel/Seed

$1.2M

2021

Angel/Seed

$10M

2022

Series A

$70M

Angel/Seed (2020): $1.2M with participation from capitalT Security Inc.

Angel/Seed (2021): $10M led by Notion Capital, Next Play Ventures, Partech, Isaac Oates, Paul Forster, and Phil Chambers

Series A (2022): $70M supported by Balderton Capital and Atomico

Key Investors in TestGorilla

Notion Capital

Notion Capital is a venture capital firm focused on early-stage B2B SaaS companies in Europe, providing capital and strategic support to help them scale.

Partech

Partech is a global technology investment firm with a long history, investing in companies across various stages and sectors, including software and digital services.

Balderton Capital

Balderton Capital is a leading European venture capital firm that invests in high-growth technology companies, providing significant capital and operational support.

What's next for TestGorilla?

The substantial enterprise-level capital infusion positions TestGorilla for accelerated growth and strategic market penetration. With its recent major strategic investment, the company is poised to further enhance its assessment technology, expand its service offerings, and broaden its global reach. This backing is indicative of strong investor confidence in TestGorilla's business model and its potential to disrupt the traditional recruitment and talent acquisition sectors. Future developments are likely to focus on scaling operations, deepening product innovation, and solidifying its competitive advantage in the rapidly evolving HR tech market.

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Frequently Asked Questions Regarding TestGorilla Financial Insights

What are the most recent funding rounds that TestGorilla has completed, and what were the funding rounds?
TestGorilla has recently completed 3 funding rounds: Series A on Jun 13, 2022, Angel/Seed on Jul 1, 2021, Angel/Seed on Nov 18, 2020.
What is the total amount of funding TestGorilla has raised to date?
TestGorilla has raised a total of $81.2M in funding to date.
How many funding rounds has TestGorilla completed?
TestGorilla has completed 3 funding rounds.
How much funding did TestGorilla raise in its most recent funding round?
TestGorilla raised $70M in its most recent funding round.
Who are the lead investors in TestGorilla's latest funding round?
The lead investor in TestGorilla's latest funding round was Balderton Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in TestGorilla's history?
The largest funding round in TestGorilla's history was $70M.
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