About Appfire
Appfire is a company based in Burlington (United States) founded in 2005 by Randall Ward. It operates as a SaaS (Software-as-a-Service). Appfire has raised $149 million across 2 funding rounds from investors including TA Associates and Silversmith. The company has 102 employees as of April 06, 2024. Appfire has completed 12 acquisitions, including 7pace, Beecom and Bolo Software. Appfire offers products and services including 7pace Timetracker, BigPicture, JXL, Configuration Manager for Jira (CMJ), and Flow. Appfire operates in a competitive market with competitors including Loyal, Sango Technologies, Mega Fortuna, Airspeed and DeepBlue Technology, among others.
- Headquarter Burlington, United States
- Employees 102 as on 06 Apr, 2024
- Founders Randall Ward
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Appfire
- Date of Incorporation 06 Jan, 2012
- Jurisdiction Shaikpet, Telangana, India
-
Annual Revenue
$3.5 M (USD)38.73as on Mar 31, 2023
-
Net Profit
$267.43 K (USD)26.63as on Mar 31, 2023
-
EBITDA
$393.14 K (USD)20.39as on Mar 31, 2023
-
Total Equity Funding
$149 M (USD)
in 2 rounds
-
Latest Funding Round
$100 M (USD), Series D
Mar 16, 2021
-
Investors
TA Associates
& 1 more
-
Employee Count
102
as on Apr 06, 2024
-
Investments & Acquisitions
7pace
& 11 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Appfire
Appfire offers a comprehensive portfolio of products and services, including 7pace Timetracker, BigPicture, JXL, Configuration Manager for Jira (CMJ), and Flow. 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.
Time tracking tool for team productivity is provided.
Project management solution for teams is offered here.
Data management tool for Jira is made available.
Configuration management for Jira instances is supported effectively.
Workflow automation for Atlassian stack is provided seamlessly.
Unlock access to complete
Unlock access to complete
Software Development Team
78 people
Leadership Team
14 people
Senior Team
11 people
Human Resources and Administration
9 people
Product Management Team
8 people
Finance and Accounting
4 people
Devops Team
4 people
Sales and Marketing
4 people
Unlock access to complete
Funding Insights of Appfire
Appfire has successfully raised a total of $149M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in March 2021. 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 Funding
- Total Rounds 2
- Last Round Series D — $100.0M
-
First Round
First Round
(01 May 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series D - Appfire | Valuation |
investors |
|
| May, 2020 | Amount | Series C - Appfire | Valuation | Silversmith |
|
| 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 Appfire
Appfire has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TA Associates and Silversmith. 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 |
|---|---|---|---|---|
|
Multiple sectors are invested in by private equity firm TA.
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in technology and healthcare sectors
|
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 Appfire
Appfire has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include 7pace, Beecom and Bolo Software. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
JXL is developed as a Jira enhancement app for productivity.
|
2020 | ||||
|
Provides mobile app development services
|
2018 | ||||
|
Application to track the time spent on product development activities
|
2017 |
| 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 - Appfire
| 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 |
Appfire Comparisons
Competitors of Appfire
Appfire 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 Loyal, Sango Technologies, Mega Fortuna, Airspeed and DeepBlue Technology, 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 |
Mobile application development, data management, and advertising services are provided.
|
|
| domain | founded_year | HQ Location |
Application development services are provided to support business applications.
|
|
| domain | founded_year | HQ Location |
Apps and games for mobile platforms are developed and published.
|
|
| domain | founded_year | HQ Location |
Limited information available
|
|
| domain | founded_year | HQ Location |
AI-based applications are developed using deep learning and machine vision.
|
| 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 Appfire
Frequently Asked Questions about Appfire
When was Appfire founded?
Appfire was founded in 2005 and raised its 1st funding round 15 years after it was founded.
Where is Appfire located?
Appfire is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Who is the current CEO of Appfire?
Randall Ward is the current CEO of Appfire. They have also founded this company.
Is Appfire a funded company?
Appfire is a funded company, having raised a total of $149M across 2 funding rounds to date. The company's 1st funding round was a Series C of $49M, raised on May 01, 2020.
How many employees does Appfire have?
As of Apr 06, 2024, the latest employee count at Appfire is 102.
What is the annual revenue of Appfire?
Annual revenue of Appfire is $3.5M as on Mar 31, 2023.
What does Appfire do?
Enterprise collaboration solutions are developed by Appfire to enhance productivity across various industries. Tools for IT service management, workflow automation, and agile work management are offered. Integration with platforms like Atlassian, Microsoft, Salesforce, and Monday.com is supported. Solutions for knowledge management and cloud migration are also provided. Services cater to over 50 of Fortune 500 companies, focusing on scalability and security. Team collaboration and project delivery are facilitated through purpose-built software.
Who are the top competitors of Appfire?
Appfire's top competitors include Loyal, Mega Fortuna and Socket Mobile.
What products or services does Appfire offer?
Appfire offers 7pace Timetracker, BigPicture, JXL, Configuration Manager for Jira (CMJ), and Flow.
How many acquisitions has Appfire made?
Appfire has made 12 acquisitions, including 7pace, Beecom, and Bolo Software.
Who are Appfire's investors?
Appfire has 2 investors. Key investors include TA Associates, and Silversmith.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.