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Valuation

$3M

2024 Revenue

$19M

Funding

$6.5M

YOY

332.2%

Team

67

Founded

2015

How AppFollow CEO Eugene Kruglov grew AppFollow to $19M revenue with a 67 person team in 2024.

AppFollow is a B2B SaaS company offering a one-stop platform to help drive mobile app growth and increase customer loyalty.

Last updated

AppFollow Revenue

In 2024, AppFollow's revenue reached $19M. The company previously reported $6.9M in 2024. Since its launch in 2015, AppFollow has shown consistent revenue growth.

AppFollow Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M$20M201520172019202120232024$0$5M$4M$19MSource: GetLatka.com
YearMilestoneQuote
2024AppFollow Hit $19m revenue in November 2024
2024AppFollow Hit $6.9m revenue in October 2024
2023AppFollow Hit $4.4m revenue in December 2023
2021AppFollow Hit $4.5m revenue in September 2021
2015Launched with $0 revenue

AppFollow Valuation, Funding Rounds

AppFollow reached a $3M valuation in 2016, set during its Pre Seed Round round.

AppFollow has raised $6.5M in total funding across 6 rounds, most recently a $5M Series A round in 2020.

AppFollow Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$2M$3M$5M$6M$8M2015201620172018201920202015 cumulative: $25K • 2015 Pre Seed Round: $25K @ $350K valuation2015 cumulative: $75K • 2015 Pre Seed Round: $25K @ $350K valuation • 2015 Pre Seed Round: $50K @ $1M valuation2016 cumulative: $225K • 2015 Pre Seed Round: $25K @ $350K valuation • 2015 Pre Seed Round: $50K @ $1M valuation • 2016 Pre Seed Round: $150K @ $3M valuation2018 cumulative: $314K • 2015 Pre Seed Round: $25K @ $350K valuation • 2015 Pre Seed Round: $50K @ $1M valuation • 2016 Pre Seed Round: $150K @ $3M valuation • 2018 Seed Round: $89K2019 cumulative: $2M • 2015 Pre Seed Round: $25K @ $350K valuation • 2015 Pre Seed Round: $50K @ $1M valuation • 2016 Pre Seed Round: $150K @ $3M valuation • 2018 Seed Round: $89K • 2019 Seed Round: $1M2020 cumulative: $7M • 2015 Pre Seed Round: $25K @ $350K valuation • 2015 Pre Seed Round: $50K @ $1M valuation • 2016 Pre Seed Round: $150K @ $3M valuation • 2018 Seed Round: $89K • 2019 Seed Round: $1M • 2020 Series A: $5M$7M2015 Pre Seed Round: $350K valuation$350K2015 Pre Seed Round: $1M valuation2016 Pre Seed Round: $3M valuation$3MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Series A$5M--
2019Seed Round$1.2M--
2018Seed Round$89K--
2016Pre Seed Round$150K$3M5%
2015Pre Seed Round$50K$1M5%
2015Pre Seed Round$25K$350K7%

Founder / CEO

Eugene Kruglov

Eugene Kruglov is listed as Founder / CEO at AppFollow.

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Customers

We do not have customer count information for AppFollow yet.

AppFollow Employees & Team Size

AppFollow employs approximately 67 people as of 2026, down from 86 in 2023, including 7 sales reps that carry a quota.

AppFollow Team GrowthReported headcount over time0255075100125201520172019202120232024006767Source: GetLatka.com
YearMilestone
2024Reached 67 employees (December 2024)
2024Reached 74 employees (October 2024)
2023Reached 86 employees (December 2023)
2022Reached 86 employees (December 2022)
2021Reached 106 employees (December 2021)
2020Reached 54 employees (December 2020)
2020Reached 50 employees (June 2020)
2019Reached 45 employees (December 2019)
2018Reached 41 employees (December 2018)

Frequently Asked Questions about AppFollow

What is AppFollow's revenue?

AppFollow generates $19M in revenue.

Who founded AppFollow?

AppFollow was founded by Eugene Kruglov.

Who is the CEO of AppFollow?

The CEO of AppFollow is Eugene Kruglov.

How much funding does AppFollow have?

AppFollow raised $6.5M.

How many employees does AppFollow have?

AppFollow has 67 employees.

Where is AppFollow headquarters?

AppFollow is headquartered in Helsinki, Finland.

Compare AppFollow to the industry

AppFollow operates across multiple industries. Browse revenue, funding, and growth data for AppFollow in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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AppFollow Revenue 2024: $19M ARR, $3M Valuation