AppDirect

San Francisco, United States Founded: 2009 • Age: 17 yrs
Online application marketplace
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About AppDirect

AppDirect is a company based in San Francisco (United States) founded in 2009 by Andy Sen, Daniel Saks, and Nicolas Desmarais.. AppDirect has raised $437.8 million across 11 funding rounds from investors including J P Morgan, Stingray and Caisse de depot et placement du Quebec. The company has 183 employees as of April 06, 2024. AppDirect has completed 16 acquisitions, including AppCarousel, AppDirect and Broker Online Exchange. AppDirect offers products and services including B2B Marketplace, Subscription Billing, Cloud Distribution, and Procurement Marketplace. AppDirect operates in a competitive market with competitors including OrderGroove, sticky.io, Smartrr, OceanX and Xion, among others.

  • Headquarter San Francisco, United States
  • Employees 183 as on 06 Apr, 2024
  • Founders Andy Sen, Daniel Saks, Nicolas Desmarais
  • Stage Unicorn
  • Sectors
    Retail
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Appdirect India Private Limited
  • Date of Incorporation 30 Apr, 2016
  • Jurisdiction Hadapsar, Maharashtra, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Retail → E-Commerce Technology & Services
Technology → Software Development & Engineering
Key Metrics
  • Annual Revenue
    $7.59 M (USD)
    4.61
    as on Mar 31, 2023
  • Net Profit
    $725.85 K (USD)
    4.34
    as on Mar 31, 2023
  • EBITDA
    $1.29 M (USD)
    -1.07
    as on Mar 31, 2023
  • Total Equity Funding
    $437.8 M (USD)

    in 11 rounds

  • Latest Funding Round
    $100 M (USD), Debt – Conventional

    Jan 09, 2024

  • Investors
    J P Morgan

    & 8 more

  • Employee Count
    183

    as on Apr 06, 2024

  • Investments & Acquisitions
    AppCarousel

    & 15 more

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Products & Services of AppDirect

AppDirect offers a comprehensive portfolio of products and services, including B2B Marketplace, Subscription Billing, Cloud Distribution, and Procurement Marketplace. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables selling of third-party technology services through marketplaces

Facilitates online checkout for recurring technology subscriptions

Allows selling services through third-party marketplaces

Streamlines buying and managing technology services

People of AppDirect
Headcount 500-1000
Employee Profiles 339
Board Members and Advisors 1
Employee Profiles
People
Mathew Spolin
SVP of Engineering
People
Hubert Lin
Chief Financial Officer
People
Nicolas Desmarais
Chairman & CEO
People
Marie Carcamo
Email Marketing Specialist

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Board Members and Advisors
people
Daniel Saks
Board Member & co-Founder

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Funding Insights of AppDirect

AppDirect has successfully raised a total of $437.8M across 11 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $100 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 11
  • Last Round Debt – Conventional — $100.0M
  • First Round

    (04 Mar 2011)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2024 Amount Debt – Conventional - AppDirect Valuation

investors

Mar, 2021 Amount Debt – Conventional - AppDirect Valuation

investors

Sep, 2020 Amount Series F - AppDirect Valuation Caisse de depot et placement du Quebec
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AppDirect

AppDirect has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include J P Morgan, Stingray and Caisse de depot et placement du Quebec. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment strategies are provided across diverse asset classes and markets.
Founded Year Domain Location
Venture capital is invested in early-stage tech startups.
Founded Year Domain Location
Investments are made in early-stage technology companies by Inovia Capital.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AppDirect

AppDirect has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include AppCarousel, AppDirect and Broker Online Exchange. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
A platform is provided for building B2B partner marketplaces.
2020
SaaS-driven facility management solutions are provided for office assets.
2019
Software solutions are provided via an online marketplace for businesses.
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AppDirect

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Appdirect Comparisons

Employees
+
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Competitors of AppDirect

AppDirect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OrderGroove, sticky.io, Smartrr, OceanX and Xion, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Subscription commerce is facilitated via a SaaS platform.
domain founded_year HQ Location
E-commerce solutions are provided for retailers and brands.
domain founded_year HQ Location
Provider of SaaS-based software suite solutions for subscription businesses
domain founded_year HQ Location
Cloud-based solution is offered for building subscription-based online stores.
domain founded_year HQ Location
Billing and subscription management solutions are provided by Xion.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Appdirect

Frequently Asked Questions about AppDirect

When was AppDirect founded?

AppDirect was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Where is AppDirect located?

AppDirect is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of AppDirect?

Nicolas Desmarais is the current CEO of AppDirect. They have also founded this company.

Is AppDirect a funded company?

AppDirect is a funded company, having raised a total of $437.8M across 11 funding rounds to date. The company's 1st funding round was a Series F of $185M, raised on Mar 04, 2011.

How many employees does AppDirect have?

As of Apr 06, 2024, the latest employee count at AppDirect is 183.

What is the annual revenue of AppDirect?

Annual revenue of AppDirect is $7.59M as on Mar 31, 2023.

What does AppDirect do?

AppDirect was founded in 2009 and is headquartered in San Francisco, United States. A cloud service marketplace is operated by the company, allowing users to find, buy, sell, and distribute web-based cloud applications and services. Billing, payment processing, and reseller management solutions are also provided. Solutions are targeted at sectors including finance, manufacturing, and communication service providers.

Who are the top competitors of AppDirect?

AppDirect's top competitors include OrderGroove, OceanX and Smartrr.

What products or services does AppDirect offer?

AppDirect offers B2B Marketplace, Subscription Billing, Cloud Distribution, and Procurement Marketplace.

How many acquisitions has AppDirect made?

AppDirect has made 16 acquisitions, including AppCarousel, AppDirect, and Broker Online Exchange.

Who are AppDirect's investors?

AppDirect has 9 investors. Key investors include J P Morgan, Stingray, Caisse de depot et placement du Quebec, Gouvernement du Québec, and Foundry.

What is AppDirect's valuation?

The valuation of AppDirect is $1.5B as of Sep 2020.

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