Apptio
11100 NE 8th Street. Suite 600, Bellevue, Washington, 98004-4402, United States
How Apptio hit $188.5M revenue and 37K customers in 2018.
Apptio is a cloud-based software company that offers technology business management (TBM) solutions to help organizations manage their IT spending and optimize their technology investments. Their platform provides real-time analytics and reporting capabilities that enable businesses to understand the cost, value, and utilization of their IT resources, and make data-driven decisions to improve their efficiency and effectiveness. Apptio's customers include Fortune 500 companies, government agencies, and other large organizations across various industries, such as financial services, healthcare, and technology. The company is headquartered in Bellevue, Washington.
2007
Founded
$188.5M
2018 Revenue
15.28%
YOY
$261M
Funding
Apptio Revenue
In 2018, Apptio revenue run rate hit $188.5M in revenue.
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2018
Apptio hit $188.5M in revenue in 2018
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2015
Apptio hit $129.3M in revenue in 2015
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2014
Apptio hit $106.6M in revenue in 2014
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2013
Apptio hit $73.8M in revenue in 2013
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2007
Apptio launched in 2007 with $0 revenue
Apptio Funding History
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2018 Post-IPO Debt
Apptio raised a Post-IPO Debt of in March, 2018
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2013 Series E
Apptio raised a Series E of in May, 2013
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2012 Series D
Apptio raised a Series D of in March, 2012
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2010 Series C
Apptio raised a Series C of in August, 2010
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2009 Series B
Apptio raised a Series B of in August, 2009
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2007 Series A
Apptio raised a Series A of in November, 2007
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| March, 23 2018 | Post-IPO Debt | ||
| May, 15 2013 | Series E | ||
| March, 15 2012 | Series D | ||
| August, 31 2010 | Series C | ||
| August, 18 2009 | Series B | ||
| November, 15 2007 | Series A |
Team
Apptio has 1,001 total employees and 6 sales reps that carry a quota. They have 37,000 customers an engineering team of 13 and a marketing team of 1.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 1K |
| Engineer | 13 (1%) |
| Sales | 6 (1%) |
| Marketing | 1 (0%) |
Founder / CEO
Sunny Gupta
Sunny Gupta is the Co-founder and CEO of Apptio, a leading software company specializing in Technology Business Management (TBM). With a strong focus on customer satisfaction, Gupta guided Apptio through a successful Initial Public Offering in 2016 and orchestrated its acquisition by Vista Equity Partners in 2019 for $1.94 billion. Under his leadership, Apptio has expanded its customer base, ventured into international markets, and made strategic acquisitions, all while fostering innovation within the company. Gupta's extensive experience includes senior leadership roles at Opsware, where he was responsible for products until its acquisition by HP, as well as his tenure as the co-founder and CEO of iConclude, a pioneer in IT runbook automation. Gupta holds a B.S. in Computer Science and has been recognized for his achievements as a top CEO and entrepreneur.
Q&A
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What's your age?
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Advice for 20 year old self
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Customers
Churn
Apptio Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Sunny Gupta | CEO | [email protected] | - |
| Ajay Patel | COO | [email protected] | - |
| Jeremy Ung | CTO | [email protected] | - |
| Allison Breeding | CMO | [email protected] | - |
| Eugene Khvostov | CPO | [email protected] | - |
Apptio Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Sunny Gupta | CEO | [email protected] | - |
| Margaret Dawson | Chief Of Staff | [email protected] | - |
| Missy Waggoner | Chief People Officer | [email protected] | - |
| Larry Blasko | President | [email protected] | - |
| Ajay Patel | COO | [email protected] | - |
| Jeremy Ung | CTO | [email protected] | - |
| Kurt Shintaffer | Co-Founder, CFO | [email protected] | - |
| Allison Breeding | CMO | [email protected] | - |
| Eugene Khvostov | CPO | [email protected] | - |
| Toyan Espeut | EVP | [email protected] | - |
Apptio Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Brian Niranjan Sheth | Board Member | - | - |
| Don Yet | Board Director | - | - |
| Jack Dilon | Board Member | [email protected] | - |
| Larry Godec | Board Member | [email protected] | - |
| Monti Saroya | Board Member | [email protected] | - |
| Clifford Chiu | Board Member | - | - |
| John Stalder | Board Member | [email protected] | - |
Frequently Asked Questions about Apptio
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When was Apptio founded?
Apptio was founded in 2007.
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How much revenue does Apptio generate?
Apptio generates $188.5M in revenue.
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Who is the CEO of Apptio
The CEO of Apptio is Sunny Gupta.
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How much funding does Apptio have?
Apptio raised $261M.
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How many employees does Apptio have?
Apptio has 1K employees.
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Where is Apptio headquarters?
Apptio is headquartered at 11100 NE 8th Street. Suite 600, Bellevue, Washington, 98004-4402, United States
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