What is Apprio?
Apprio is a specialized technology solutions provider catering to the health, defense, and homeland security sectors. The company excels in delivering innovative IT and program services, focusing on areas such as emergency response management and financial management. Apprio distinguishes itself by combining the robust methodologies and thought-leadership typically associated with large integrators with the cost-effectiveness and collaborative approach of smaller firms, offering a unique value proposition to its clients.
How much funding has Apprio raised?
Apprio has raised a total of $76.7M across 4 funding rounds:
Series A
$1.1M
Series B
$5.6M
Series C
$10M
Series D
$60M
Series A (2008): $1.1M with participation from Salesforce
Series B (2008): $5.6M led by Steamboat Ventures
Series C (2009): $10M, investors not publicly disclosed
Series D (2012): $60M featuring General Atlantic, Steamboat Ventures, and GGV Capital
Key Investors in Apprio
Salesforce
Salesforce is a global leader in customer relationship management (CRM) software, providing a comprehensive suite of cloud-based solutions for sales, customer support, marketing, and e-commerce. Their investment in Apprio likely signals a strategic interest in the intersection of CRM technology and the specialized markets Apprio serves.
General Atlantic
General Atlantic is a global growth equity firm that invests in high-growth companies across various sectors, including technology. Their participation indicates confidence in Apprio's growth potential and market position.
GGV Capital
GGV Capital is a global venture firm investing in seed-to-growth stage companies across enterprise tech and internet sectors. Their involvement suggests a strategic alignment with Apprio's technology-driven solutions and market expansion.
What's next for Apprio?
With a history of strategic investments, Apprio is well-positioned for continued expansion and innovation. The recent major strategic investment suggests a focus on scaling operations, enhancing its technology offerings, and potentially entering new market segments within its core industries. This capital infusion will likely fuel further development of its specialized IT and program services, reinforcing its competitive edge in the health, defense, and homeland security markets.
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