How Much Did Apollo Raise?
Funding & Key Investors

Apollo, a leader in the API development ecosystem, has successfully secured significant capital to accelerate its market expansion. With a total funding amount reaching $152M, the company continues to solidify its position as a critical infrastructure provider for modern software development. This latest major strategic investment of $130M underscores the growing demand for robust, scalable GraphQL solutions in an increasingly complex digital landscape.

The firm's growth trajectory, marked by a series of successful financing rounds, reflects its ability to meet the needs of enterprise clients requiring high-performance data orchestration. By leveraging this influx of capital, Apollo is well-positioned to enhance its GraphOS platform and further its mission of simplifying API development for global engineering teams.

What is Apollo?

Apollo
SoftwareEngineering Software

Apollo is the primary force behind the GraphQL ecosystem, providing a comprehensive platform that enables developers to build, test, and ship supergraphs at scale. By offering a self-service GraphQL platform that spans diverse backend services, Apollo empowers organizations to deliver personalized, omnichannel experiences with greater efficiency. The company's open-source software, which sees millions of monthly downloads, serves as the foundation for its commercial GraphOS offering. This platform simplifies the complexities of API development, providing the necessary workflows and infrastructure for enterprises to manage over five trillion requests annually. As a central pillar in the modern tech stack, Apollo facilitates seamless communication between frontend applications and backend services, effectively bridging the gap in distributed system architectures.

How much funding has Apollo raised?

Apollo has raised a total of $152M across 2 funding rounds:

2019

Other Financing Round

$22M

2021

Series C

$130M

Other Financing Round (2019): $22M with participation from Matrix Partners, Andreessen Horowitz, Trinity Ventures, and Win Web Investment Network

Series C (2021): $130M led by Insight Partners, Andreessen Horowitz, and Matrix Partners

Key Investors in Apollo

Insight Partners

Insight Partners is a global venture capital and private equity firm that focuses on high-growth technology and software companies, providing them with the capital and operational expertise needed to scale.

Andreessen Horowitz

Founded in 2009, Andreessen Horowitz is a prominent American venture capital firm that invests in both early-stage start-ups and established growth companies across the technology sector.

Matrix Partners

Matrix Partners is a long-standing venture capital firm that invests in software, services, communications, and internet sectors, providing strategic guidance to companies at various stages of development.

What's next for Apollo?

Looking ahead, Apollo is poised to leverage its recent capital infusion to deepen its penetration into the enterprise software market. The strategic focus will likely center on expanding the capabilities of GraphOS, particularly in areas of automated API governance, security, and performance optimization for large-scale distributed environments. As the industry shifts toward more modular and composable architectures, Apollo's role as a supergraph provider becomes increasingly vital. The company is expected to continue its aggressive growth strategy, focusing on product innovation and ecosystem development to maintain its competitive edge. By fostering deeper integrations with cloud-native infrastructure and enhancing developer productivity tools, Apollo aims to remain the standard for API orchestration, ensuring that its platform remains the preferred choice for innovative brands navigating the complexities of digital transformation.

See full Apollo company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Financial SoftwareSoftwareBusiness ServicesSoftware Testing
Customer Engagement PlatformsSoftware
Healthcare SoftwareSoftware
Financial SoftwareSoftwareFinanceSecurities Trading

Frequently Asked Questions Regarding Apollo Financial Insights

What are the most recent funding rounds that Apollo has completed, and what were the funding rounds?
Apollo has recently completed 2 funding rounds: Series C on Aug 17, 2021, Other Financing Round on Jun 14, 2019.
What is the total amount of funding Apollo has raised to date?
Apollo has raised a total of $152M in funding to date.
How many funding rounds has Apollo completed?
Apollo has completed 2 funding rounds.
How much funding did Apollo raise in its most recent funding round?
Apollo raised $130M in its most recent funding round.
Who are the lead investors in Apollo's latest funding round?
The lead investor in Apollo's latest funding round was Insight Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Apollo's history?
The largest funding round in Apollo's history was $130M.
See more information about Apollo