What is Apkudo?
Apkudo operates as the global leader in supply chain automation, providing a comprehensive suite of solutions that span the entire lifecycle of connected devices. From the initial certification of new hardware for market launch to the complex processes involved in the liquidation of refurbished products, the company's Hive Platform acts as a seamless operating system. This platform effectively bridges the gap between internal and external partner systems, utilizing advanced robotics and intelligent decisioning to streamline operations.
The company serves a prestigious roster of enterprise clients, including industry titans such as AT&T, The New T-Mobile, Verizon, Samsung, Amazon, and FedEx Supply Chain Services. By integrating these disparate systems into a unified, data-driven environment, Apkudo enables its partners to achieve unprecedented levels of efficiency and visibility across their global supply chains.
How much funding has Apkudo raised?
Apkudo has raised a total of $55.5M across 4 funding rounds:
Series A
$3M
Debt
$1M
Series B
$14M
Series C
$37.5M
Series A (2019): $3M, investors not publicly disclosed
Debt (2020): $1M led by PPP
Series B (2020): $14M supported by Grotech Ventures, Harbert Management, Lavrock Ventures LLC, and MissionOG
Series C (2023): $37.5M featuring Piper Sandler, Grotech Ventures, MissionOG, Point Field Partners, and Lavrock Ventures
Key Investors in Apkudo
Grotech Ventures
Grotech Ventures is an investment firm focused on partnering with innovative entrepreneurial talent in high potential technology companies outside of Silicon Valley, supporting markets that aim to transform industries and foster sustainable growth.
MissionOG
MissionOG is an investment firm focused on partnering with high-growth B2B companies that are driving the digitization of the economy, specializing in thematic investments in fintech, data, and software.
Lavrock Ventures
Lavrock Ventures is a venture capital firm based near Washington, D.C., specializing in enterprise technology investments with a focus on enterprise software, cyber security, and national security sectors.
What's next for Apkudo?
With the successful closure of its latest funding round, Apkudo is well-positioned to accelerate its product development and expand its market reach. The strategic infusion of capital will likely be directed toward enhancing the intelligent decisioning capabilities of the Hive Platform and scaling its global team of supply chain experts. As the demand for automated, resilient supply chain solutions continues to rise, Apkudo's focus on digital transformation and operational excellence will be pivotal in maintaining its competitive edge.
Looking ahead, the company is expected to deepen its penetration into existing enterprise accounts while exploring new verticals that require sophisticated device lifecycle management. By leveraging its strong investor base and proven technological framework, Apkudo is poised to define the next generation of supply chain infrastructure, ensuring that global enterprises can navigate the complexities of modern logistics with agility and precision.
