Apptiorevenue, acquisition & funding
Project and Portfolio Management Software11100 NE 8th Street. Suite 600, Bellevue, WashingtonFounded 2007
Apptio was acquired by Vista Equity Partners.
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.
Apptio revenue
Apptio's annual revenue was $188.5M in December 2018, its last figure before Vista Equity Partners bought it (source not recorded).
All 4 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| 2013 | $73.8M | – |
| 2014 | $106.6M | – |
| 2015 | $129.3M | – |
| Dec 2018 | $188.5M | – |
– source not recorded
Who owns Apptio
Vista Equity Partners owns Apptio. The date and price of the deal are not on record.
Apptio funding rounds & investors
Apptio has raised $261M across six rounds since 2007. The latest was a $125M Post-IPO Debt in March 2018.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Mar 2018 | Post-IPO Debt | $125M | $1.9B |
| May 2013 | Series E | $45M | – |
| Mar 2012 | Series D | $50M | $1.9B |
| Aug 2010 | Series C | $20M | – |
| Aug 2009 | Series B | $14M | – |
| Nov 2007 | Series A | $7M | – |
| Total raised | $261M |
Apptio founders & employees
Kurt Shintaffer founded Apptio in 2007. Apptio had 1,001 employees (July 2023).
- Kurt ShintafferCo-Founder, CFO
- Missy WaggonerChief People Officer
- Ajay PatelCOO
- Jeremy UngCTO
BoardBrian Niranjan Sheth, Don Yet, John Stalder, Jack Dilon, Larry Godec, Monti Saroya, Clifford Chiu
Also at ApptioSunny Gupta, Margaret Dawson, Larry Blasko, Toyan Espeut
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Jul 2023 | 1,001 | – |
| Dec 2020 | 44 | – |
| Aug 2020 | 251 | – |
| Jun 2020 | 46 | – |
| Dec 2019 | 47 | – |
| Dec 2018 | 46 | – |
Apptio FAQ
What was Apptio's revenue?
Before Vista Equity Partners bought it, Apptio's annual revenue was $188.5M in December 2018 (source not recorded).
Who owns Apptio?
Vista Equity Partners owns Apptio.
How much funding has Apptio raised?
Apptio raised $261M across six funding rounds before Vista Equity Partners bought it. The last was a $125M Post-IPO Debt in March 2018.
How many employees does Apptio have?
Apptio had 1,001 employees in July 2023.
Who founded Apptio?
Kurt Shintaffer founded Apptio in 2007.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Sep 2, 2026Data disclaimerReport a correctionClaim this profileRun Apptio? Join the podcast