Tricentis has raised a total of $1.5 billion in funding over multiple rounds, achieving unicorn status in November 2024. Its latest Private Equity (PE) round of $1.33 billion, closed on November 26, 2024, was led by GTCR. Founded in 2007 and headquartered in Austin, United States, the company provides an AI-powered software testing suite for web and mobile applications, covering functional testing, test automation, test management, and performance testing. Valued at $1.33 billion, Tricentis continues expanding globally in enterprise software testing solutions.