About Apprente
Apprente is a company based in Palo Alto (United States) founded in 2017 was acquired by IBM in October 2021. Apprente has raised $4.75 million across 2 funding rounds from investors including IBM, McDonald's and AME Cloud Ventures. Apprente operates in a competitive market with competitors including OpenAI, Gupshup, Anthropic, LeadDesk and Ada, among others.
- Headquarter Palo Alto, United States
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TechnologyConsumer
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People of Apprente
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Leadership Team
36 people
Human Resources and Administration
8 people
Sales and Marketing
8 people
Software Development Team
8 people
Legal and Compliance
5 people
Finance and Accounting
4 people
Product Management Team
4 people
Operations Team
3 people
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Funding Insights of Apprente
Apprente has successfully raised a total of $4.75M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.75 million completed in January 2018. 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.
Investors in Apprente
Apprente has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include IBM, McDonald's and AME Cloud Ventures.
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AME Cloud Ventures is focused on investing in data-driven technology companies.
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US based VC firm investing in seed stage
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Seed & early stage tech-focused VC firm investing primarily in the US
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Investor details for Apprente
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Investments & Acquisitions by Apprente
Investment portfolio details for Apprente
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Financial Statements - Apprente
Detailed financials for Apprente
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Apprente Comparisons
Peer comparison for Apprente
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Competitors of Apprente
Apprente 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 OpenAI, Gupshup, Anthropic, LeadDesk and Ada, among others.
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OpenAI is engaged in developing advanced artificial intelligence technologies.
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Tools for customer engagement across multiple channels are provided.
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AI models and chatbots are offered for industry applications.
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Outbound calling software is offered by LeadDesk for sales automation.
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AI chatbots for customer experience automation are provided.
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Conversational AI platform for enterprises is provided by Avaamo.
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Detailed competitors of Apprente
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Latest news on Apprente
Complete news archive for Apprente
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Frequently Asked Questions about Apprente
Apprente was founded in 2017.
Apprente is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Apprente is a funded company, having raised a total of $4.75M across 2 funding rounds to date.
Founded in 2017 and based in Palo Alto, United States, Apprente operates in the artificial intelligence sector, with a focus on artificial general intelligence for customer service automation. Incremental learning systems are created to enable AI adaptation without skill loss, targeting quick-service restaurants. Ordering processes are automated across drive-thru stations, kiosks, and mobile platforms to streamline operations.
Apprente has 7 investors. Key investors include IBM, McDonald's, AME Cloud Ventures, Morado Ventures, and Pathbreaker Ventures.