Appnomic

Bengaluru, India Founded: 2006 • Age: 20 yrs Minicorn
Provider of AI-powered application performance monitoring and remediation solutions

About Appnomic

Appnomic is a Technology company based in Bengaluru (India) founded in 2006 by Alton Gerald Viegas, Satyen Ramadhar Vyas, and Paddy Padmanabhan. Appnomic has raised $41.77 million across 8 funding rounds from investors including Norwest Venture Partners, Avataar Ventures and Sharad Hegde. The company has 50 employees. Appnomic was last valued at $27.79 million in May 2015. Its Indian entity Appnomic Systems Private Limited reported revenue of β‚Ή13.13 Cr. Its focus areas include Enterprise Infrastructure, IT Operations, ITOM and IT Automation. Its competitors include Ansible, Robocorp, Liongard, Indeni and Syntel and 3 more; 7 of its 8 listed competitors have raised funding.

Company details

Provider of AI-powered application performance monitoring and remediation solutions. These solutions proactively identify, predict, and automatically resolve performance issues across the entire technology stack. The technology reduces alert fatigue by distinguishing true incidents from false positives, enabling more targeted responses. Early warning alerts prevent outages, ensuring continuous application uptime. Customizable dashboards provide easy visualization of application and transaction flows, facilitating independent problem resolution. The solutions are adaptable across various industries, offering performance-specific parameters for uninterrupted service delivery.

  • Headquarters Bengaluru, India
  • Employees 50
  • Founders Alton Gerald Viegas, Satyen Ramadhar Vyas, Paddy Padmanabhan
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website appnomic.com
  • Social LinkedIn Facebook
  • Legal Name Appnomic Systems Private Limited
  • Date of Incorporation 21 Nov, 2003
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹13.13 Cr

    FY 2023 · -15% YoY

  • Net Loss
    -₹7.27 Cr

    FY 2023 · -55% margin

  • EBITDA
    -₹5.29 Cr

    FY 2023 · -40% margin

  • Total Equity Funding
    $41.77M (USD)

    in 8 rounds

  • Latest Funding Round
    $22M (USD), Series D

    Dec 2019

  • Investors
  • Employee Count
    50

Funding Insights of Appnomic

Appnomic has successfully raised a total of $41.77M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $22 million completed in December 2019. 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 $41.77M
  • Total Rounds 8
  • Last Round Series D β€” $22M
  • First Round $732,137

    (Oct 2007)

  • Investors Count 14

All 8 funding rounds of Appnomic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2019$22MSeries D–Avataar Ventures
–
May 2015$765,060Series C$27.79MNorwest Venture Partners
–
May 2014$2.87MSeries C$23.06MNorwest Venture Partners
–
Jan 2013$3.71MSeries C–Norwest Venture Partners
–
Sep 2012$5MSeries C$β€’β€’β€’β€’β€’Norwest Venture Partners
–
Nov 2010$2.5MSeries B$β€’β€’β€’β€’β€’Norwest Venture Partners
–
Dec 2008$4.2MSeries A$β€’β€’β€’β€’β€’Norwest Venture Partners
–
Oct 2007$732,137Seed$β€’β€’β€’β€’β€’Sharad Hegde, Shrikant Patil
Valuation history
DateValuationStage
May 2015$27.79Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2014$23.06Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2012$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Nov 2010$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Dec 2008$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2007$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $27.79M (May 2015). 14 investors in total: 2 institutional and 12 angel.

Investors in Appnomic

Appnomic has secured backing from 14 investors, including venture fund and angel investors. Prominent investors backing the company include Norwest Venture Partners, Avataar Ventures and Sharad Hegde.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Investment in growth-stage B2B and SaaS companies is facilitated through strategic support and funding.
2003avataar.vcBengaluru, India
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
1961nvp.comMenlo Park, United States

Sharad Hegde

Angel investor and tech entrepreneur, co-founder of The Good Glamm Group.
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Shashi Nishtala

-
–unknown_d03f6bc8e1694ee68-

Shrikant Patil

-
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Mansi Malik

-
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Anuradha Rajan

-
–unknown_6c0f2c248a2541059-

Chandramouli J

-
–unknown_a219dfe7d9dd477a9-

Jagannath

-
–unknown_ad1eac0aa4684a33a-

P S Srivastava

-
–unknown_36852053f531411ab-
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Investor details for Appnomic

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Board of directors of Appnomic Systems Private Limited (Appnomic)

Appnomic Systems Private Limited is the primary company behind Appnomic. The boards of the 2 registered companies of Appnomic currently have 5 directors; the longest-serving is Alton Gerald Viegas, appointed in 2003. 13 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Alton Gerald Viegas
DIN 00183940
Director21 Nov 200322 yrs 10 moAppnomic Systems Private Limited
Desikachari Padmanabhan
DIN 00265865
Director12 Sep 200620 yrs 1 moAppnomic Systems Private Limited
Krishna Raj Sharma
DIN 03091392
Director16 Feb 20233 yrs 8 moQuantanxt Technologies Private Limited
Sunilkumar Pillai
DIN 02226978
Director16 Feb 20233 yrs 8 moQuantanxt Technologies Private Limited
Lakshmana Reddy Nagabushana Reddy
DIN 11200991
Director18 Aug 20251 yr 2 moQuantanxt Technologies Private Limited

People of Appnomic

3 people are tracked at Appnomic (3 in leadership); the tracked headcount is 50.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
Paddy Padmanabhan
Co-FounderLeadership
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Financials of Appnomic

Figures of Appnomic Systems Private Limited, the primary company behind Appnomic, for FY 2023. Revenue was ₹13.13 Cr (-15% year on year). Net loss was -₹7.27 Cr (-55% margin). EBITDA was -₹5.29 Cr (-40% margin). Revenue has grown at a compounded annual rate of -22% over three years and -12% over five years.

  • ₹13.13 CrRevenue · FY 2023 · -15% YoY
  • -₹7.27 CrNet loss · -55% margin
  • -₹5.29 CrEBITDA · -40% margin
  • ₹4.53 CrPaid-up capital
  • 50Employees (provident fund records)
  • -22%Revenue CAGR, 3 years
  • -12%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Appnomic Systems Private Limited are on its company page.

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Timeline of Appnomic

4 dated milestones of Appnomic across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Appnomic is founded.
  2. Funding First funding round of $732K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series D, of $22.0M.

Competitors of Appnomic

Appnomic has 8 listed competitors in our database, 7 of them funded. They include Ansible, Robocorp, Liongard, Indeni and Syntel, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ansible.com2012Santa Barbara, United States$6M7,477
DevOps automation software is offered for infrastructure configuration.
robocorp.com2019San Francisco, United States$32.05M–
Cloud-based robotic process automation is delivered for enterprises.
liongard.com2015Houston, United States$34.16M–
IT environments are managed for MSPs and enterprise operations.
indeni.com2009Tel Aviv, Israel$24M9
Network automation platform is used to deliver analytics and insights.
syntelinc.com1980Troy, United States–2,884
IT automation services are delivered via SyntBots for intelligent processes.
jareva.com2000Mountain View, United States$20.5M1,894
Enterprise server management workflows are automated through specialized products.
chef.io2008Seattle, United States$130.5M43
Infrastructure automation is provided for application servers and cloud integration.
oneio.cloud2011Helsinki, Finland$18.41M–
Cloud-based SaaS platform for IT operations and integrations is provided.
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Web traffic of Appnomic

Websites that share an audience with Appnomic (appnomic.com).

Similar websites

Websites whose visitors overlap most with Appnomic. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
bitbucket.org
100%
12.5M#3,629View details
my.yahoo.com
my.yahoo.com
100%
–––
postconf.com
100%
––View details
itoa-landscape.org
77%
––View details
nortechonline.co.uk
66%
––View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in IT Services & Operations

10 companies that operate in the same segment as Appnomic (IT Services & Operations), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M4,473
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
Cloud based platform offering IT operational data and security analytics software
2003San Francisco, California, United StatesUSD 40 MUSD 2.59 M108
Cloud-based enterprise management solutions including backup and recovery are provided.
2003Singapore, SingaporeUSD 658 M–1,898
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Converged data management solutions are provided for backup and recovery.
2014Palo Alto, California, United StatesUSD 553 MUSD 1.32 B5,196
IT backup and recovery solutions are provided via cloud platform.
2006Columbus, Ohio, United StatesUSD 1.04 B–7,596
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
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Related news about Appnomic

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Frequently Asked Questions about Appnomic

Appnomic was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Appnomic is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Appnomic is a funded company, having raised a total of $41.77M across 8 funding rounds to date. The company's 1st funding round was a Seed of $732.14K, raised on Oct 2007.

Appnomic has 50 employees.

The primary company behind Appnomic, Appnomic Systems Private Limited, reported revenue of β‚Ή13.13 Cr for FY 2023, down 15% year on year.

Provider of AI-powered application performance monitoring and remediation solutions. These solutions proactively identify, predict, and automatically resolve performance issues across the entire technology stack. The technology reduces alert fatigue by distinguishing true incidents from false positives, enabling more targeted responses. Early warning alerts prevent outages, ensuring continuous application uptime. Customizable dashboards provide easy visualization of application and transaction flows, facilitating independent problem resolution. The solutions are adaptable across various industries, offering performance-specific parameters for uninterrupted service delivery.

Appnomic's top competitors include Liongard, Syntel and Jareva Technologies.

Appnomic has 14 investors. Key investors include Norwest Venture Partners, Avataar Ventures, Sharad Hegde, Shashi Nishtala, and Shrikant Patil.

The valuation of Appnomic is $27.79M as of May 2015.

Appnomic is associated with 2 legal entities: Appnomic Systems Private Limited, Quantanxt Technologies Private Limited.

The legal entities of Appnomic currently have 5 directors, including Lakshmana Reddy Nagabushana Reddy, Krishna Raj Sharma, Sunilkumar Pillai and others.

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