About Appen
Appen is a company based in Chatswood (Australia) founded in 1996.. The company has 1,170 employees as of December 31, 2024. Appen has completed 5 acquisitions, including Figure Eight, Leapforce and Leapforce At Home. Appen offers products and services including Appen Platform, AI Training Data, Data Annotation, and Data Collection. Appen operates in a competitive market with competitors including LangChain, InstaDeep, minds.ai, Kakao Brain and Intellegens, among others.
- Headquarter Chatswood, Australia
- Employees 1170 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Appen Limited
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Annual Revenue
$220.01 M (USD)-13.64as on Dec 31, 2024
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Net Profit
$-18.79 M (USD)82.95as on Dec 31, 2024
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EBITDA
$2.43 M (USD)111.91as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
1170
as on Dec 31, 2024
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Investments & Acquisitions
Figure Eight
& 4 more
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IPO & Listings of Appen
Appen is a publicly listed company on the ASX with ticker symbol APX in Australia, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Appen
Appen offers a comprehensive portfolio of products and services, including Appen Platform, AI Training Data, Data Annotation, and Data Collection. 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.
Platform for collecting and curating data for AI development
High-quality data sets for training AI models effectively
Service for labeling data to improve AI accuracy
Tools for gathering diverse data for AI applications
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Independent Team
25 people
Data Analysis and Operations Team
23 people
Software Development Team
17 people
Leadership Team
12 people
Project Team
10 people
Sales and Marketing
6 people
Search Team
5 people
Creative and Marketing Team
5 people
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Funding Insights of Appen
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2009 | Amount | Private Equity Round - Appen | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Appen
Appen has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Anacacia Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Anacacia Capital is recognized as a leading Australian fund manager.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Appen
Appen has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Figure Eight, Leapforce and Leapforce At Home. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Location and real-world data are provided for AI and business insights.
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2014 | ||||
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Managed information evaluation services
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2011 | ||||
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Provider of AI services
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Appen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Appen Comparisons
Competitors of Appen
Appen 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 LangChain, InstaDeep, minds.ai, Kakao Brain and Intellegens, 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 |
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| domain | founded_year | HQ Location |
Developer of tools for building, testing, and deploying AI agent applications
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| domain | founded_year | HQ Location |
AI and cloud-based automation solutions are provided for organizational optimization.
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| domain | founded_year | HQ Location |
Deep learning platform for industrial use cases is provided.
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| domain | founded_year | HQ Location |
Provides comprehensive AI and cloud-based research services for businesses.
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| domain | founded_year | HQ Location |
Deep learning platform provided for data optimization in industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Appen
Frequently Asked Questions about Appen
When was Appen founded?
Appen was founded in 1996 and raised its 1st funding round 13 years after it was founded.
Where is Appen located?
Appen is headquartered in Chatswood, Australia. It is registered at Chatswood, New South Wales, Australia.
How many employees does Appen have?
As of Dec 31, 2024, the latest employee count at Appen is 1,170.
What is the annual revenue of Appen?
Annual revenue of Appen is $220.01M as on Dec 31, 2024.
What does Appen do?
Appen was founded in 1996 and is based in Chatswood, Australia. Human-annotated training datasets for artificial intelligence are supplied by the company to support various applications. These include language translation, image recognition, smart vehicle systems, text analytics, and speech recognition. Operations serve sectors such as technology, retail, automotive, healthcare, government, and financial services.
Who are the top competitors of Appen?
What products or services does Appen offer?
Appen offers Appen Platform, AI Training Data, Data Annotation, and Data Collection.
Is Appen publicly traded?
Yes, Appen is publicly traded on ASX under the ticker symbol APX.
How many acquisitions has Appen made?
Appen has made 5 acquisitions, including Figure Eight, Leapforce, and Leapforce At Home.
Who are Appen's investors?
Appen has 1 investor. Key investors include Anacacia Capital.
What is Appen's ticker symbol?
The ticker symbol of Appen is APX on ASX.
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