When was TestDevLab founded?

TestDevLab was founded in 2011.

Where is TestDevLab headquartered?

TestDevLab is headquartered in Riga, Latvia.

What is TestDevLab's revenue?

TestDevLab reported €24.5M in turnover for FY2024, per official registry filings.

Company · LV · Riga

TestDevLab

Managed software QA and testing company (500+ ISTQB-certified engineers, 5000+ real devices) offering 20+ testing disciplines. Founded by ex-Skype engineers; now part of Xoriant.

Raised: —
Last round: —
Momentum: Quiet
Events: 1
Last activity: 25 Nov 2025

Updated 29 Jul 2026 · Verified 29 Jul 2026

Activity

1 event

Exit25 Nov 2025EUR 27.0M
TestDevLab, acquisition by Xoriant for EUR 27.0M.
Acquisition
▸Source: xoriant.com
Read at xoriant.com

People

1 person

Ervins Grinfelds
Co-Founder

Registry

FY2022–FY2024

Year	Turnover	Net profit	Headcount	Taxes paid	Source
2024	€24.5M	€3.1M	345	—	UR (LV)
2023	€22.0M	€1.2M	350	—	UR (LV)
2022	€22.7M	€3.3M	399	—	UR (LV)

Raised €0 to date · FY2024 turnover €24.5M · 345 employees

Turnover grew 12% FY2023→FY2024.
Headcount 350 → 345 over FY2023→FY2024.
≈€70K turnover per employee (FY2024).

Questions

4 answers

What does TestDevLab do?: Managed software QA and testing company (500+ ISTQB-certified engineers, 5000+ real devices) offering 20+ testing disciplines. Founded by ex-Skype engineers; now part of Xoriant.
When was TestDevLab founded?: TestDevLab was founded in 2011.
Where is TestDevLab headquartered?: TestDevLab is headquartered in Riga, Latvia.
What is TestDevLab's revenue?: TestDevLab reported €24.5M in turnover for FY2024, per official registry filings.

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