Investment News

Round2 Capital Invests a 7-Figure Amount in German Crowdtesting-Platform Testbirds to Fuel Its Further Growth Path

Testbirds Team

Vienna/Munich, May 2nd, 2023 – Round2 Capital adds Testbirds to its portfolio, providing a
revenue-based loan investment.

Testbirds, a world-leading crowdtesting provider, helps clients take their digital products to the
next level with real user insights from its global community of testers. Testbirds’ crowdtesting
services offer a comprehensive, high-quality testing experience adaptable to the individual
needs of clients with a focus on the quality assurance and usability of digital products. Its
clients include world-leading enterprises of various industries.

Testbirds has been experiencing impressive revenue performance in recent years and retained
its largest customers. With the additional funds from Round2 Capital, Testbirds aims to further
expand its customer base to become the world’s leading crowdtesting provider.
What the involved parties say

Stefan Nagel, Managing Partner at Round2 Capital, commented on the investment: “We are
impressed with Testbirds’ development over the past years and believe that revenue-based
financing is perfectly suited to enable further growth. We are excited to partner with Testbirds
and the existing investors and support their vision to become the leading crowdtesting provider
worldwide.”

Georg Hansbauer, CEO of Testbirds, also expressed his enthusiasm: “We are very happy with
the recent development of Testbirds, and we are excited about what we can achieve with the
support of Round2 Capital. The funds will enable us to continue our growth trajectory and
create even more value for our customers.”

About Round2 Capital

Round2 Capital is a fast-growing European investment firm with EUR 125m under
management. Based in Vienna, the firm is a strong partner for European scale-ups and
companies with digital and sustainable business models. Since its founding in 2017, Round2
Capital has been pioneering revenue-based finance in Europe and is active in several European
countries, with a focus on Germany, Switzerland, Austria, and the Nordic countries. To date,
Round2 Capital has invested in more than 29 different companies across 8 European
jurisdictions.

Round2 Capital is backed by the European Investment Fund (EIF) to support technology
companies in the European Union. Round2 Capital Partners II is partially funded under the socalled
“Mezzanin Dachfonds für Deutschland Fazilität 2”, a facility managed by EIF for the ERP
Sondervermögen, represented by the German Federal Ministry for Economic Affairs and Energy
(“Bundesministerium für Wirtschaft und Energie”), LfA-Gesellschaft für Vermögensverwaltung
mbH and NRW.Bank Anstalt des öffentlichen Rechts.

For more information about Round2 Capital, please visit: www.round2cap.com

About Testbirds

Testbirds GmbH was incorporated in 2011 by Philipp Benkler, Georg Hansbauer, and Markus
Steinhauser. With the motto ‘Testing Reality – Real users. Real devices. Real impact.’,
Testbirds helps clients create digital products that people really love. Testbirds’ crowdtesting
services offer a comprehensive, high-quality testing experience adaptable to the individual
needs of clients with a focus on the quality assurance and usability of digital products. It
doesn’t matter if it is apps, websites, or IoT applications – 1,000,000+ real users from all
around the globe test on 1,500,000+ real devices in their real environment. Today, the
company has over 100 employees and works with top clients who trust in Testbirds to optimize
their digital products.

For more information about Testbirds, please visit: www.testbirds.com

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