About Appirio
Appirio is a company based in San Francisco (United States) founded in 2006 was acquired by Wipro in October 2016.. Appirio has raised $115.7 million across 8 funding rounds from investors including Salesforce, Fidelity Investments and Wipro. Appirio has completed 4 acquisitions, including Infowelders, Knowledge Infusion and SAASPoint. Appirio operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Appirio India Cloud Solutions Private Limited
- Date of Incorporation 05 Apr, 2013
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$10.97 M (USD)33.91as on Mar 31, 2017
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Net Profit
$1.69 M (USD)30.73as on Mar 31, 2017
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EBITDA
$2.27 M (USD)42.19as on Mar 31, 2017
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Total Equity Funding
$115.7 M (USD)
in 8 rounds
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Latest Funding Round
$35 M (USD), Series E
Apr 16, 2015
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Investors
Salesforce
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
Infowelders
& 3 more
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Acquired by
Wipro
(Oct 20, 2016)
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Software Development Team
301 people
Leadership Team
108 people
Senior Team
65 people
Human Resources and Administration
46 people
Sales and Marketing
32 people
Principal Team
27 people
Finance and Accounting
25 people
Project Team
23 people
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Funding Insights of Appirio
Appirio has successfully raised a total of $115.7M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $35 million completed in April 2015. 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 8
- Last Round Series E — $35.0M
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First Round
First Round
(01 Jun 2008)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Series E - Appirio | Valuation |
investors |
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| Sep, 2013 | Amount | Series D - Appirio | Valuation |
investors |
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| Mar, 2012 | Amount | Series D - Appirio | Valuation | General Atlantic |
| 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 Appirio
Appirio has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Salesforce, Fidelity Investments and Wipro. 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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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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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 |
| 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 Appirio
Appirio has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Infowelders, Knowledge Infusion and SAASPoint. 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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Limited information available
|
2005 | ||||
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Manufacturer of LED televisions and fiber optic cable infrastructure
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2005 | ||||
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Custom application development and Salesforce implementation services are provided.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Appirio
| 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 |
Appirio Comparisons
Competitors of Appirio
Appirio 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 UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Appirio
Frequently Asked Questions about Appirio
When was Appirio founded?
Appirio was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Appirio located?
Appirio is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Appirio a funded company?
Appirio is a funded company, having raised a total of $115.7M across 8 funding rounds to date. The company's 1st funding round was a Series D of $60M, raised on Jun 01, 2008.
What is the annual revenue of Appirio?
Annual revenue of Appirio is $10.97M as on Mar 31, 2017.
What does Appirio do?
Appirio was founded in 2006 in San Francisco, United States, as a provider of IT consulting services. Specialization is placed on mobile, social, crowdsourcing, and cloud technologies. Cloud consulting, implementation services, and crowdsourcing solutions are delivered to clients. Operations are centered in the technology sector, supporting various implementation needs across the United States.
Who are the top competitors of Appirio?
Appirio's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
How many acquisitions has Appirio made?
Appirio has made 4 acquisitions, including Infowelders, Knowledge Infusion, and SAASPoint.
Who are Appirio's investors?
Appirio has 7 investors. Key investors include Salesforce, Fidelity Investments, Wipro, General Atlantic, and Sequoia Capital.
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