Aptem CEO shares how they hit $8M revenue in 2023.
Provider of an online SaaS platform intended to provide employability and vocational training programmes use to manage delivery and support service recipients.The company's platform delivers vocational training and employability training as flexibly and simply as possible and is designed to improve quality, save costs and automatically meet compliance rules, enabling welfare to work providers, further education colleges, housing associations, training companies and outplacement firms to deliver a better service, achieve superior outcomes and ensure compliance.
2009
Founded
$8M
2023 Revenue
23.08%
YOY
$3M
Funding
Aptem Revenue
In 2023, Aptem revenue run rate hit $8M in revenue.
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2023
Aptem hit $8M in revenue in 2023
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2022
Aptem hit $6.5M in revenue in 2022
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2022
Aptem hit $6.5M in revenue in 2022
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2021
Aptem hit $5.5M in revenue in 2021
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2021
Aptem hit $5.5M in revenue in 2021
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2009
Aptem launched in 2009 with $0 revenue
Aptem Funding History
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2022 Seed
Aptem raised a Seed of in October, 2022
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| October, 16 2022 | Seed |
Team
Aptem has 120 total employees and 5 sales reps that carry a quota. They have 170 customers an engineering team of 70 and a marketing team of 5.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 120 |
| Engineer | 70 (58%) |
| Sales | 5 (4%) |
| Marketing | 5 (4%) |
Founder / CEO
Richard Alberg
I have spent many years in a range of entrepreneurial roles. I founded and ran PSL, a firm of occupational (I/O) psychologists that developed sophisticated assessment solutions. This involved psychometric expertise and advanced technology. In November 2006 PSL was acquired by Kenexa and I became Senior Vice President responsible for sales, marketing and strategy in Europe. I left Kenexa in 2008 upon completion of my earn-out. Whilst I decided what I wanted to do next I joined a small consortium investing in a snacks and drinks distribution company that was in Administration. I became interim Chief Executive and helped the management team deal with the issues that had led to the failure of the company whilst also significantly cutting costs. In 2009 I founded MWS Technology Ltd, where we develop and support Aptem (www.aptem.co.uk), an innovative and successful Software as a Service (SaaS) platform used by vocational training and employment services providers to deliver their programmes. I care passionately about education and in 2015 took on a two year term as chair of North Hertfordshire College. Operating from four campuses NHC supports over 13,500 students each year. In 2016 I co-founded Corndel (http://www.corndel.com). Over a handful of years we grew Corndel into a quite exceptional training organisation. This was also a highly successful commercial venture with the business acquired by THI Investments in November 2020, at which point I left the company. I have invested in several other businesses and enjoy being an active shareholder and advisor.
Q&A
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What's your age?
59
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Favorite online tool?
Mind Manager
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Favorite book?
Coming Wave
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Favorite CEO?
Satya Nadella
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Advice for 20 year old self
How to delegate
Customers
Churn
Aptem Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Richard Alberg | CEO | [email protected] | - |
Aptem Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Richard Alberg | CEO | [email protected] | - |
Frequently Asked Questions about Aptem
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When was Aptem founded?
Aptem was founded in 2009.
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How much revenue does Aptem generate?
Aptem generates $8M in revenue.
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Who is the CEO of Aptem
The CEO of Aptem is Richard Alberg.
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How much funding does Aptem have?
Aptem raised $3M.
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How many employees does Aptem have?
Aptem has 120 employees.
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Where is Aptem headquarters?
Aptem is headquartered at 3 Harmood Grove, London, England, NW1 8DH, United Kingdom
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