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The funding spherical was led by Sequoia Capital
Apollo.io, an built-in B2B gross sales intelligence and engagement platform, on Thursday introduced that it has raised $110 million in a Sequence C spherical of funding led by Sequoia Capital, together with present buyers Tribe Capital, Nexus Enterprise Companions, and NewView Capital. The corporate has raised over $150 million thus far.
With the newest funding spherical, Apollo.io seeks to speed up its product-led progress and improve its funding in product and engineering by almost 300 per cent.
The platform helps gross sales groups automate their workflows and outreach driving elevated productiveness. It helps streamline the gross sales course of by integrating with different gross sales instruments together with Salesforce, HubSpot, Marketo, Sendgrid, and LinkedIn.
Apollo.io’s platform features a B2B contact database with info on over 220 million patrons.
Buyer base
The corporate’s annual recurring income (ARR) has tripled previously 12 months. Since asserting its Sequence B spherical of funding three months in the past, Apollo.io expanded its paid buyer base by almost 60 per cent to greater than 15,000 , it mentioned.
“Apollo’s mission is to make world-class go-to-market options easy and accessible to all,” mentioned Tim Zheng, Co-founder and CEO, Apollo.io.
“We’re one of many fastest-growing gross sales platforms integrating essentially the most correct purchaser knowledge with highly effective engagement, automation, and intelligence instruments to simply discover and goal the correct purchaser on the proper time with the correct message. This funding will allow us to rent the perfect individuals within the trade, proceed to construct and market our category-leading gross sales intelligence and engagement platform, and speed up our progress with investments in advertising and gross sales,” Zheng mentioned.
“Apollo.io simplifies the convoluted and guide processes of gross sales prospecting — finally making sensible, data-driven GTM that’s easy and accessible to all,” mentioned Sonya Huang, Accomplice at Sequoia.
“Tim and the Apollo group have constructed a product-led device that’s beloved by hundreds of shoppers. We couldn’t be extra excited to companion with Apollo on their journey to assist each firm attain its full potential,” Huang added.
Revealed on
March 04, 2022
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