How Much Did Apollo Raise?
Funding & Key Investors

Apollo, a prominent player in the API platform sector, has secured substantial 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 signifies a pivotal moment for Apollo as it aims to further enhance its GraphQL technologies and expand its reach across enterprise clients.

What is Apollo?

Apollo
SoftwareEngineering Software

Apollo GraphQL is dedicated to empowering developers by providing a superior API platform that facilitates cross-team collaboration and accelerates the delivery of personalized, omnichannel experiences. Their open-source software garners significant monthly downloads, while their commercial GraphQL solutions are adopted by leading innovative brands. The Apollo GraphOS platform, a comprehensive self-service GraphQL solution, enables companies to manage a 'supergraph' that integrates various backend services. Serving over 5 trillion requests in 2023, Apollo's platform streamlines API development with robust workflows and infrastructure designed for scalability, supporting the creation, testing, and deployment of supergraphs of any magnitude.

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

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

Key Investors in Apollo

Andreessen Horowitz

Andreessen Horowitz is a prominent venture capital firm known for investing in both early-stage startups and established growth companies, with a focus on technology sector innovation.

Insight Partners

Insight Partners is a private platform focused on supporting its portfolio companies, aiming to foster connections, strengthen leadership, and provide scaling support for software companies.

Matrix Partners

Matrix Partners is a venture capital firm that invests in software and services, communications equipment, semiconductors, storage, internet, and wireless sectors, with a history dating back to 1977.

What's next for Apollo?

With the recent influx of major strategic investment, Apollo is poised for accelerated expansion and innovation in the API management space. The company's focus on enhancing its GraphOS platform and supergraph capabilities suggests a strategic push towards solidifying its position as a leader in enterprise-level API solutions. Future developments are likely to center on further optimizing developer workflows, expanding integration capabilities, and potentially exploring new market segments that can benefit from advanced GraphQL technologies. This capital infusion will undoubtedly fuel research and development, enabling Apollo to stay ahead of the curve in the rapidly evolving API landscape.

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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 Andreessen Horowitz. 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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