Nexus backed Apollo.io raises $110 million led by Sequoia Capital & Others
Apollo.io, a B2B sales intelligence and engagement platform, revealed that it has raised $110 million in a Series C round of funding headed by Sequoia Capital, with existing investors Tribe Capital, Nexus Venture Partners, and NewView Capital joining in. To date, the company has raised more than $150 million.
Apollo.io plans to use the latest fundraising round to drive its product-led growth and roughly triple its investment in product and engineering.
Sales teams can use the platform to automate their procedures and outreach, resulting in enhanced productivity. It integrates with other sales platforms including Salesforce, HubSpot, Marketo, Sendgrid, and LinkedIn to assist expedite the sales process.
The Apollo.io platform features a B2B contact database with approximately 220 million buyers' information.
In the last year, the company's annual recurring revenue (ARR) has tripled. Apollo.io claimed that since announcing its Series B round of fundraising three months ago, it has grown its paying client base by roughly 60% to more than 15,000 people.
“Apollo’s mission is to make world-class go-to-market solutions simple and accessible to all,” stated Tim Zheng, Apollo.io's co-founder and CEO.
“We are one of the fastest-growing sales platforms integrating the most accurate buyer data with powerful engagement, automation, and intelligence tools to easily find and target the right buyer at the right time with the right message. This funding will enable us to hire the very best people in the industry, continue to build and market our category-leading sales intelligence and engagement platform, and accelerate our growth with investments in marketing and sales,” Zheng said.
“Apollo.io simplifies the convoluted and manual processes of sales prospecting — ultimately making smart, data-driven GTM that is simple and accessible to all,” stated Sonya Huang, Partner at Sequoia.
“Tim and the Apollo team have built a product-led tool that is beloved by thousands of customers. We couldn’t be more excited to partner with Apollo on their journey to help every company reach its full potential,” Huang added.
Apollo.io plans to use the latest fundraising round to drive its product-led growth and roughly triple its investment in product and engineering.
Sales teams can use the platform to automate their procedures and outreach, resulting in enhanced productivity. It integrates with other sales platforms including Salesforce, HubSpot, Marketo, Sendgrid, and LinkedIn to assist expedite the sales process.
The Apollo.io platform features a B2B contact database with approximately 220 million buyers' information.
In the last year, the company's annual recurring revenue (ARR) has tripled. Apollo.io claimed that since announcing its Series B round of fundraising three months ago, it has grown its paying client base by roughly 60% to more than 15,000 people.
“Apollo’s mission is to make world-class go-to-market solutions simple and accessible to all,” stated Tim Zheng, Apollo.io's co-founder and CEO.
“We are one of the fastest-growing sales platforms integrating the most accurate buyer data with powerful engagement, automation, and intelligence tools to easily find and target the right buyer at the right time with the right message. This funding will enable us to hire the very best people in the industry, continue to build and market our category-leading sales intelligence and engagement platform, and accelerate our growth with investments in marketing and sales,” Zheng said.
“Apollo.io simplifies the convoluted and manual processes of sales prospecting — ultimately making smart, data-driven GTM that is simple and accessible to all,” stated Sonya Huang, Partner at Sequoia.
“Tim and the Apollo team have built a product-led tool that is beloved by thousands of customers. We couldn’t be more excited to partner with Apollo on their journey to help every company reach its full potential,” Huang added.
