How Much Did Apptree Raise?
Funding & Key Investors

Apptree has secured $898K in total funding, with its most recent capital infusion of $548K described as a major strategic investment. This significant backing underscores the company's established presence and growth trajectory within the staffing solutions sector.

What is Apptree?

Apptree
Business ServicesHuman Resources Management Systems (HRMS)

Apptree is a Michigan-based staffing solutions provider that specializes in employment, recruitment, and a comprehensive suite of staffing services. The company caters to both employers seeking talent and job seekers looking for opportunities across various industries, including administrative support, healthcare, hospitality, manufacturing, transportation, and customer service. Apptree's core mission is to efficiently match qualified candidates with companies requiring temporary, temp-to-hire, and direct hire positions. Beyond placement, the company also offers on-site management and payroll services, aiming to streamline workforce management for its clients.

How much funding has Apptree raised?

Apptree has raised a total of $898K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$548K

Debt (2020): $350K with participation from PPP

Debt (2021): $548K led by PPP

Key Investors in Apptree

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Apptree?

The recent major strategic investment signals a pivotal moment for Apptree, likely enabling expansion of its service offerings, technological enhancements, or geographic reach. As a company with a history of debt financing, this new strategic capital suggests a shift towards scaling operations and solidifying its market position. Apptree is well-positioned to leverage this investment to further enhance its recruitment processes and client services, potentially exploring new verticals or deepening its existing specializations to meet evolving market demands.

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Frequently Asked Questions Regarding Apptree Financial Insights

What are the most recent funding rounds that Apptree has completed, and what were the funding rounds?
Apptree has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Apptree has raised to date?
Apptree has raised a total of $898K in funding to date.
How many funding rounds has Apptree completed?
Apptree has completed 2 funding rounds.
How much funding did Apptree raise in its most recent funding round?
Apptree raised $548K in its most recent funding round.
Who are the lead investors in Apptree's latest funding round?
The lead investor in Apptree's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Apptree's history?
The largest funding round in Apptree's history was $548K.
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