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Apptivorevenue & acquisition

Procurement Software983 Corporate Way, Fremont, CaliforniaFounded 2011

Apptivo was acquired by IBM.

Apptivo Business Management Software includes Online CRM software, Invoice software, Expense report, Field service, procurement software to help all types of businesses.

apptivo.comLinkedInUpdated Aug 10, 2026
Annual revenue
$9.6M
Sep 2017
Owner
IBM
Date not on record
Employees
267
Dec 2020
Customers
80K

Apptivo revenue

Apptivo's annual revenue was $9.6M in September 2017, its last figure before IBM bought it (source not recorded).

$0
$2.5M
$5M
$7.5M
$9.6M
2017
ReportedOne figure per year; a reported figure wins over an estimate
As ofRevenueSource
Sep 2017$9.6M–

– source not recorded

Who owns Apptivo

IBM owns Apptivo. The date and price of the deal are not on record.

Apptivo CEO, founders & employees

Bastin Gerald founded Apptivo in 2011 and led it as CEO. Apptivo had 267 employees (December 2020).

0
100
200
300
300
260
255
267
2017201820192020
ReportedOne figure per year; a reported figure wins over an estimate

Team mix (Dec 2020): 135 engineers, 16 in sales, 4 in marketing

All 5 headcount readings, with sources
As ofEmployeesSource
Dec 2020267–
Jun 2020272–
Dec 2019255–
Dec 2018260–
Sep 2017300–

Apptivo FAQ

What was Apptivo's revenue?

Before IBM bought it, Apptivo's annual revenue was $9.6M in September 2017 (source not recorded).

Who owns Apptivo?

IBM owns Apptivo.

How many employees does Apptivo have?

Apptivo had 267 employees in December 2020.

Who founded Apptivo?

Bastin Gerald founded Apptivo in 2011.

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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 Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Apptivo? Join the podcast