How Appdirect hit $60M revenue and 1M customers in 2018.
AppDirect is a privately held software company based in San Francisco, California, that provides a cloud-based marketplace platform for businesses. The company was founded in 2009 and offers a variety of services, including a subscription commerce platform, a billing and payment system, and an identity and access management solution. AppDirect's platform enables businesses to create and manage their own app stores, as well as distribute and sell apps from third-party developers. The company serves a diverse range of customers, including software vendors, telcos, and cable companies, and has partnerships with major technology companies such as Microsoft, Google, and Salesforce.
2009
Founded
$60M
2018 Revenue
-----
YOY
$553M
Funding
Appdirect Revenue
In 2018, Appdirect revenue run rate hit $60M in revenue.
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2018
Appdirect hit $60M in revenue in 2018
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2009
Appdirect launched in 2009 with $0 revenue
Appdirect Funding History
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2021 Venture Round
Appdirect raised a Venture Round of in December, 2021
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2021 Debt Financing
Appdirect raised a Debt Financing of in March, 2021
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2020 Private Equity Round
Appdirect raised a Private Equity Round of in September, 2020
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2015 Series E
Appdirect raised a Series E of in October, 2015
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2015 Series D
Appdirect raised a Series D of in February, 2015
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2014 Series C
Appdirect raised a Series C of in April, 2014
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2013 Series B
Appdirect raised a Series B of in September, 2013
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2012 Series A
Appdirect raised a Series A of in July, 2012
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2011 Seed Round
Appdirect raised a Seed Round of in April, 2011
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
December, 27 2021 | Venture Round | ||
March, 19 2021 | Debt Financing | ||
September, 16 2020 | Private Equity Round | ||
October, 07 2015 | Series E | ||
February, 11 2015 | Series D | ||
April, 10 2014 | Series C | ||
September, 10 2013 | Series B | ||
July, 18 2012 | Series A | ||
April, 28 2011 | Seed Round |
Team
Appdirect has 987 total employees and 135 sales reps that carry a quota. They have 1,000,000 customers an engineering team of 253 and a marketing team of 11.
DISTRIBUTION | QTY |
---|---|
Total team size | 987 |
Engineer | 253 (26%) |
Sales | 135 (14%) |
Marketing | 11 (1%) |
Founder / CEO
Daniel Saks
Daniel Saks is the Co-CEO of AppDirect, which he founded in 2009 with Nicolas Desmarais. Daniel plays a key role in the growth and development of AppDirect, from attracting a leading team, to nurturing relationships with customers and partners. Daniel’s presentation at the Under the Radar conference in the spring of 2011 resulted in AppDirect winning "Best in Show,” earning coverage in Wall Street Journal. Daniel received a BA in political science from McGill University then studied finance and accounting at Harvard. Prior to AppDirect, Daniel worked at Viant Capital, a boutique tech investment bank. In his free time, Daniel enjoys traveling, attending hockey games, and studying contemporary architecture and impressionist paintings.
Q&A
-
What's your age?
34
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Favorite online tool?
Freshbooks
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Favorite book?
How to win friends and influence people
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Favorite CEO?
Easy Sharpe, Four Seasons
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Advice for 20 year old self
Have conviction
Customers
Churn
Appdirect Executives
Name | Position | Working Email | Personal Email |
---|---|---|---|
Daniel Saks | CEO | [email protected] failed | - |
Appdirect Employees
Name | Position | Working Email | Personal Email |
---|---|---|---|
Daniel Saks | CEO | [email protected] failed | - |
Appdirect Board of Directors
Name | Position | Working Email | Personal Email |
---|---|---|---|
Linda Walsh | Board Member | - | - |
Nicolas Desmarais | Board Director | [email protected] | [email protected] |
Christopher Arsenault | Board Member | - | - |
Frequently Asked Questions about Appdirect
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When was Appdirect founded?
Appdirect was founded in 2009.
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How much revenue does Appdirect generate?
Appdirect generates $60M in revenue.
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Who is the CEO of Appdirect
The CEO of Appdirect is Daniel Saks.
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How much funding does Appdirect have?
Appdirect raised $553M.
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How many employees does Appdirect have?
Appdirect has 987 employees.
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Where is Appdirect headquarters?
Appdirect is headquartered at 650 California St., 25th Floor, San Francisco, California, 94108, United States
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