What is Apkudo?
Apkudo operates as the global leader in supply chain automation, providing a comprehensive Hive Platform that manages the entire lifecycle of connected devices. From the initial certification of new hardware to the complex liquidation processes of refurbished products, the company offers a unified operating system that integrates robotics and intelligent decisioning. Its market position is solidified by a blue-chip client roster, including industry titans such as AT&T, Verizon, Samsung, and Amazon. By functioning as a fully distributed organization, Apkudo maintains a global footprint, allowing it to deploy supply chain expertise across every major market while maintaining high-efficiency standards for its partners.
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 MissionOG, Grotech Ventures, Lavrock Ventures LLC, and Harbert Management
Series C (2023): $37.5M featuring Grotech Ventures, Piper Sandler, MissionOG, Point Field Partners, and Lavrock Ventures
Key Investors in Apkudo
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.
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 businesses that aim to transform markets.
Piper Sandler
Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations and private equity groups, offering advisory services and capital raising through equity and debt financings.
What's next for Apkudo?
With the recent influx of $37.5M, Apkudo is well-positioned to accelerate its product roadmap and deepen its penetration into the enterprise supply chain market. The strategic focus will likely center on enhancing the Hive Platform's capabilities in predictive analytics and automated decisioning, further reducing friction for global partners. As the company moves beyond its current scaling phase, the emphasis will remain on maintaining its competitive edge in device lifecycle management while exploring new verticals that require high-fidelity supply chain visibility. The continued support from institutional backers suggests a long-term commitment to establishing Apkudo as the foundational infrastructure for the global connected device economy.
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