Latka logo

How AppLovin CEO Adam Foroughi grew AppLovin to $4.7B revenue and 300M customers in 2024.

Provider of a mobile marketing platform. The company provides an adaptive marketing platform which turns a mobile device into a trans-formative advertising medium by using data gathered across screens, allowing brands to connect with their customers in a more personalized way.

Last updated

AppLovin Revenue

In 2024, AppLovin's revenue reached $4.7B. The company previously reported $2.6B in 2023. Since its launch in 2012, AppLovin has shown consistent revenue growth.

AppLovin Revenue GrowthReported revenue / ARR by year$0$1B$2B$3B$4B$5B2012201420162018202020222024$0$994M$1B$3B$5BSource: GetLatka.com
YearMilestone
2024AppLovin Hit $4.7b revenue in December 2024
2023AppLovin Hit $2.6b revenue in December 2023
2020AppLovin Hit $1.5b revenue in December 2020
2019AppLovin Hit $994.1m revenue in December 2019
2012Launched with $0 revenue

AppLovin Valuation, Funding Rounds

AppLovin reached a $26.8B valuation in 2021.

AppLovin has raised $2.5B in total funding across 4 rounds, with its most recent round in 2021.

AppLovin Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$6B$12B$18B$24B$30B2012201420162018202020212012 cumulative: $0 • 2012 Founded: $02014 cumulative: $4M • 2012 Founded: $0 • 2014 Seed Round: $4M2017 cumulative: $144M • 2012 Founded: $0 • 2014 Seed Round: $4M • 2017 Private Equity Round: $140M2018 cumulative: $544M • 2012 Founded: $0 • 2014 Seed Round: $4M • 2017 Private Equity Round: $140M • 2018 Private Equity Round: $400M2021 cumulative: $3B • 2012 Founded: $0 • 2014 Seed Round: $4M • 2017 Private Equity Round: $140M • 2018 Private Equity Round: $400M • 2021 Funding round: $2B @ $27B valuation$3B2012 Founded: $0 valuation2021 Funding round: $27B valuation$27BSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Funding round$2B$26.8B7%
2018Private Equity Round$400M--
2017Private Equity Round$140M--
2014Seed Round$4M--

AppLovin Employees & Team Size

AppLovin employs approximately 1.8K people as of 2026, up from 790 in 2023.

AppLovin has 1.8K total employees in different roles and functions. They have 300M customers that rely on the company's solutions.

AppLovin Team GrowthReported headcount over time04008001,2001,6002,0002012201420162018202020222024001,7801,780Source: GetLatka.com
YearMilestone
2024Reached 1.8K employees (December 2024)
2023Reached 790 employees (December 2023)
2022Reached 770 employees (December 2022)
2021Reached 543 employees (April 2021)

Founder / CEO

Adam Foroughi

Adam Foroughi is listed as Founder / CEO at AppLovin.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how AppLovin acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about AppLovin

What is AppLovin's revenue?

AppLovin generates $4.7B in revenue.

Who founded AppLovin?

AppLovin was founded by Adam Foroughi.

Who is the CEO of AppLovin?

The CEO of AppLovin is Adam Foroughi.

How much funding does AppLovin have?

AppLovin raised $2.5B.

How many employees does AppLovin have?

AppLovin has 1.8K employees.

Where is AppLovin headquarters?

AppLovin is headquartered in Palo Alto, California, United States.

People Also Viewed

Databricks logo

Databricks

Databricks is a cloud-based data engineering, data science, and machine learning platform that provides tools for managing and processing large-scale data. The platform offers features such as data integration, automated data engineering, and collaborative notebook-based development, enabling businesses to streamline their data processing workflows and accelerate their time-to-insights. With Databricks, businesses can leverage machine learning and artificial intelligence to drive business outcomes and make data-driven decisions. The platform also offers integrations with popular data sources and visualization tools, enabling businesses to gain insights from their data and create custom reports and dashboards.

Judi Health logo

Judi Health

Judi Health is a health technology company providing a comprehensive suite of solutions for employers and health plans, including pharmacy benefit management solutions.

Bolt Technology logo

Bolt Technology

Bolt Technology OU is an Estonian-based transportation platform. Bolt offers a range of ride-hailing, micromobility, and food delivery services in over 45 countries across Europe, Africa, and other parts of the world. The company was founded in 2013 by Markus Villig and has since become one of the fastest-growing transportation companies in the world, with over 75 million customers and more than 2 million drivers using the platform. Bolt's mission is to make urban transportation more affordable, convenient, and sustainable through the use of technology.

Xiaohongshu logo

Xiaohongshu

Xiaohongshu is a lifestyle platform that allows users to share shopping experiences through text, images, and videos. It operates in the social media and e-commerce sectors.

Anthropic logo

Anthropic

We're an AI research company that builds reliable, interpretable, and steerable AI systems. Our first product is Claude, an AI assistant for tasks at any scale. Our research interests span multiple areas including natural language, human feedback, scaling laws, reinforcement learning, code generation, and interpretability.

Compare AppLovin to the industry

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

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

AppLovin Revenue 2024: $4.7B ARR, $26.8B Valuation