SmartBear

SmartBear

Acquired
smartbear.com·United States·Updated Mar 19, 2018

SmartBear provides software quality testing tools for developers and QA teams, including API testing, cross-browser testing, and code collaboration products.

SaaSDeveloper ToolsOpen Source

Est. Valuation

$500M

$499,999,980 · 5× ARR estimate

Monthly Revenue (MRR)

$8.3M

$8,333,333/mo

Annual Revenue (ARR)

$100M

$99,999,996/yr

Employees

400

Founded

2003

SmartBear Revenue History

Revenue history for SmartBear from 2018 to 2026.

YearMRRARRYoY GrowthSource
2018$8,333,333$100,000,000Mar 2018

How SmartBear Makes Money

subscriptions

SmartBear Funding

SmartBear is fully bootstrapped with no outside funding. The company has grown to $99,999,996 ARR organically.

SmartBear Founders

Justin Teague

CEO

SmartBear FAQ

How much does SmartBear make?
SmartBear generates $8,333,333 in monthly recurring revenue (MRR), which is $99,999,996 annualized (ARR). This revenue figure is self-reported by the founder.
What is SmartBear's valuation?
SmartBear's estimated valuation is $499,999,980, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded SmartBear?
SmartBear was founded in 2003 by Justin Teague (CEO). The company is based in US.
Is SmartBear bootstrapped?
Yes, SmartBear is fully bootstrapped with no outside funding. The company has grown to $99,999,996 ARR organically as a solo-founder business.
What does SmartBear do?
SmartBear provides software quality testing tools for developers and QA teams, including API testing, cross-browser testing, and code collaboration products. SmartBear operates in the SaaS, Developer Tools, Open Source space.

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How We Estimate SmartBear's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.