How Much Did Apollo Raise?
Funding & Key Investors

Apollo, a prominent player in the API platform sector, has secured significant capital, with its total funding reaching $152M. The company recently announced a major strategic investment of $130M, underscoring its continued growth and market traction. This latest financing round follows a history of substantial backing, positioning Apollo for further expansion in the enterprise API management space.

What is Apollo?

Apollo
SoftwareEngineering Software

Apollo GraphQL is dedicated to enhancing developer productivity through a superior API platform. Its open-source software garners millions of downloads monthly, while its commercial GraphQL technologies are adopted by leading brands. The Apollo GraphOS platform enables businesses to accelerate the delivery of personalized, omnichannel experiences by providing a unified supergraph that integrates various backend services. In 2023 alone, the platform processed over 5 trillion requests, simplifying API development with robust workflows and infrastructure for scalable supergraph creation. The company is headquartered in San Francisco.

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 Trinity Ventures, Andreessen Horowitz, Matrix Partners, and Webb Investment Funding

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

Key Investors in Apollo

Matrix Partners

Matrix Partners is a venture capital firm established in 1977, focusing on investments in software and services, communications equipment, semiconductors, storage, internet, and wireless sectors. The firm is headquartered in San Francisco, California.

Andreessen Horowitz

Andreessen Horowitz, founded in 2009, is an American venture capital firm that supports both early-stage startups and established growth companies. Its headquarters are located in Menlo Park, California.

Insight Partners

Insight Partners operates GO, a private platform designed for its portfolio company leaders, aiming to foster connections, strengthen leadership, and provide scaling support across over 500 software companies.

What's next for Apollo?

The recent major strategic investment signals Apollo's readiness to scale its operations and further innovate its GraphOS platform. This capital infusion is expected to fuel product development, enhance its go-to-market strategy, and potentially expand its global reach. As Apollo continues to serve a growing number of enterprise clients seeking to streamline API development and management, this funding will be critical in maintaining its competitive edge and solidifying its position as a leader in the GraphQL ecosystem. The company's trajectory suggests a focus on enterprise adoption and advanced feature development.

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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 Matrix 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.
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