What is Apptricity?
Apptricity Corporation is a global enterprise software provider specializing in Supply Chain and Spend Management solutions. The company distinguishes itself by offering platform-agnostic, secure solutions designed to optimize inventory, asset, and expense tracking processes. Apptricity's cloud-based platform delivers real-time business intelligence, enabling clients to enhance transaction visibility and achieve significant savings through manpower and waste reduction. Its integration capabilities with existing systems further solidify its value proposition for businesses seeking to streamline operations.
How much funding has Apptricity raised?
Apptricity has raised a total of $2.5M across 3 funding rounds:
Debt
$500K
Private Equity
$1M
Debt
$1M
Debt (2017): $500K, investors not publicly disclosed
Private Equity (2017): $1M, investors not publicly disclosed
Debt (2020): $1M supported by PPP
Key Investors in Apptricity
PPP
Public-Private Partnership
What's next for Apptricity?
The recent major strategic investment signals a pivotal phase for Apptricity, likely aimed at accelerating product development, expanding market reach, and enhancing its competitive edge in the supply chain and spend management sectors. This capital infusion is expected to fuel innovation and bolster the company's capacity to serve its global enterprise clientele, reinforcing its trajectory towards sustained growth and market leadership. The company's focus on real-time data and integration positions it well to capitalize on the increasing demand for intelligent supply chain solutions.
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