What is ASAPP?
ASAPP is at the forefront of AI Native® technology, developing solutions to address intricate, data-intensive challenges for major enterprises. By augmenting human capabilities and automating global workflows, ASAPP empowers customer experience teams to achieve unprecedented levels of productivity and efficacy. The company's strategic focus on leveraging AI to solve real-world business problems positions it as a key player in the enterprise software market, with a global presence spanning New York, Silicon Valley, Buenos Aires, London, and Bozeman.
How much funding has ASAPP raised?
ASAPP has raised a total of $336.7M across 4 funding rounds:
Series A
$7.6M
Series B
$185M
Other Financing Round
$120M
Debt
$24.1M
Series A (2015): $7.6M, investors not publicly disclosed
Series B (2020): $185M led by John Doerr, Joe Tucci, March Capital Partners, Vast Ventures, Euclidean Capital, John Chambers, Telstra, Emergence Capital Partners, HOF Capital, and Dave Strohm
Other Financing Round (2021): $120M supported by Fidelity Management & Research Company, John Chambers, Dragoneer Investment Group, and John Doerr
Debt (2026): $24.1M, investors not publicly disclosed
Key Investors in ASAPP
March Capital Partners
March Capital is a growth-stage venture firm that specializes in investing in enterprise technology companies with established product-market fit, aiming to scale them into mission-critical global platforms. The firm targets large market opportunities and focuses on creating category leaders by doubling down on their successful investments.
Telstra
Headquartered in Melbourne, Australia, Telstra Corporation Limited is a telecommunications company which builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and service.
HOF Capital
HOF Capital is a global multi-stage venture capital firm located in New York City, focused on investing in ambitious entrepreneurs. The firm aims to support startups at various stages of growth, providing them with the necessary resources and expertise.
What's next for ASAPP?
With a substantial total funding amount of $336.7M and a recent major strategic investment of $24.1M, ASAPP is poised for significant expansion and innovation. The company's trajectory suggests a focus on scaling its AI Native® technology to a broader enterprise client base, potentially exploring new verticals or deepening its existing market penetration. Future developments are likely to center on enhancing its automation capabilities and further integrating AI into customer experience workflows, solidifying its position as a leader in the AI software sector.
See full ASAPP company page
