Valuation
$28.8M
2017 Revenue
$9.6M
Customers
80K
Funding
$0
Avg ACV
$120
Team
267
Churn
12%
Founded
2011
How Apptivo CEO Bastin Gerald grew to $9.6M revenue and 80K customers in 2017.
Apptivo Business Management Software includes Online CRM software, Invoice software, Expense report, Field service, procurement software to help all types of businesses.
Last updated
Apptivo Revenue
In 2017, Apptivo's revenue reached $9.6M. Since its launch in 2011, Apptivo has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2017 | Apptivo Hit $9.6m revenue in September 2017 | |
| 2011 | Launched with $0 revenue |
Apptivo Valuation, Funding Rounds
Apptivo's most recent disclosed valuation is $28.8M.
Apptivo is a bootstrapped Procurement Software startup. Founded in 2011, Apptivo has grown to $9.6M in revenue without raising any venture capital or outside funding.
As a self-funded Procurement Software SaaS company, Apptivo has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Bastin Gerald
Enterprise software veteran, worked for Oracle and Cashedge (now part of Fiserv) prior to founding Apptivo. Working to change the way small businesses will run their business to minimize costs, optimize business processes and make better business decisions.
Q&A
| Question | Answer |
|---|---|
| What's your age? | 49 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Apptivo serves 80K customers.
Apptivo Employees & Team Size
Apptivo employs approximately 267 people as of 2026, up from 255 in 2019, including 16 sales reps that carry a quota. It serves 80K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2020 | Reached 267 employees (December 2020) |
| 2020 | Reached 272 employees (June 2020) |
| 2019 | Reached 255 employees (December 2019) |
| 2018 | Reached 260 employees (December 2018) |
| 2017 | Reached 300 employees (September 2017) |
Frequently Asked Questions about Apptivo
What is Apptivo's revenue?
Apptivo generates $9.6M in revenue.
Who founded Apptivo?
Apptivo was founded by Bastin Gerald.
Who is the CEO of Apptivo?
The CEO of Apptivo is Bastin Gerald.
How much funding does Apptivo have?
Apptivo raised $0.
How many employees does Apptivo have?
Apptivo has 267 employees.
Where is Apptivo headquarters?
Apptivo is headquartered in Fremont, California, United States.
Compare Apptivo to the industry
Apptivo operates across multiple industries. Browse revenue, funding, and growth data for Apptivo 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.
Claim this profilePeople Also Viewed
Jiga
Build physical products faster
Hapi
Stocks and cryptos trading app with zero commissions and no minimums…
Tributi
Tax filing automation for individuals in Latam.
IMPRINT ENGINE
Platform-driven merchandising agency, creating branded experiences that elevate community and executing projects that are on-trend, on-time, on-budget and on-brand
Xolo
Xolo is a platform that helps freelancers and solopreneurs to start and run their businesses online. It provides a range of services including company formation, banking, accounting, and compliance.
Stedi
Provider of an EDI platform designed to support the backbone of various US distribution system. The company's platform uses Webforms EDI, Integrated EDI and an EDI value-added network along with real-time processing, bank level security and real-time reporting features, enabling the clients to perform web-based configuration of EDI by saving up to half of the transaction fees.
