Apptio

company

About

Apptio is a provider of SaaS-based Technology Business Management (TBM) solutions for managing businesses in the IT field.

Details

Last Funding Type
Series D
Last Funding Money Raised
$50M
Industries
Analytics,Enterprise Software,Information Technology,SaaS,Software
Founded date
Nov 1, 2007
Number Of Employee
501 - 1000
Operating Status
Active
Stock Symbol
nasdaq:APTI
Legal Name
Apptio, Inc.

Apptio is the leading provider of cloud-based Technology Business Management (TBM) software that helps CIOs manage the business of IT.

Apptio’s suite of applications use business analytics to provide facts and insights about technology cost, value, and quality, so IT leaders can make faster, data-driven decisions. The purpose-built applications help companies align technology spend to business outcomes and automate IT processes like cost transparency, benchmarking, showback/chargeback, operational efficiency, and planning. Powering Apptio’s applications is a next generation, in-memory cost analytics platform that takes data directly from all financial, operational, and billing systems, and powers applications that give customers deep insight. This insight spans infrastructure, applications, and business services, both on-premises and in the cloud. Hundreds of customers, including more than a third of the Fortune 100, choose Apptio as their business system of record for IT.

For more information, visit the Apptio website or the Apptio blog at www.apptio.com.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
$357M
Apptio has raised a total of $357M in funding over 2 rounds. Their latest funding was raised on Mar 23, 2018 from a Convertable Note round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 23, 2018 Convertable Note $125M Detail
Sep 23, 2016 IPO $96M Detail
Jul 1, 2014 Secondary Market 2 Detail
Sep 1, 2013 Secondary Market 1 Akkadian Ventures Detail
May 15, 2013 Series E $45M 8 Janus Capital Group
The Hillman Group
Detail

Investments

Number of Investments
Number of Lead Investments
6
0
Apptio has made 6 investments. Their most recent investment was on May 24, 2022, when Clear Street raised $165M.
Date Company Name
Round Money Raised Industry Lead Investor
May 24, 2022 Clear Street
Series B $165M Cloud Infrastructure
Jul 13, 2021 ClayStack
Seed $5.20M Blockchain
Jun 30, 2021 Syndicate
Seed $800K Cryptocurrency
Jun 28, 2021 KYVE
Pre-seed $1M Blockchain
May 20, 2021 Flux Protocol
Seed $10.30M Blockchain

Employee Profiles

Number of Employee Profiles
13
Apptio has 13 current employee profiles, including Board observer Tim Porter
Board observer
Executive
Advisor
Board member
Executive

Acquisition

Apptio has acquired 5 organizations. Their most recent acquisition was Raveld on Dec 12, 2012. They acquired Raveld for 0.

Date Company Name
Industry Acquisition Type Price
Dec 12, 2012 Raveld
Accounting acquisition Detail
Feb 2, 2018 Digital Fuel
Information Technology acquisition Detail
Oct 3, 2018 FittedCloud
Computer acquisition Detail
May 16, 2019 Cloudability
Analytics acquisition Detail
Feb 11, 2021 Targetprocess
Project Management acquisition Detail