About Apps Foundry
Apps Foundry is a company based in Singapore (Singapore) founded in 2010 by Cheng Ah Tee. It operates as a B2B. Apps Foundry has raised $3.19 million across 2 funding rounds from investors including Kompas Gramedia, Gobi Partners and Mitsui Global Investment. Apps Foundry has completed 1 acquisition, including MakeMac. Apps Foundry operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
- Headquarter Singapore, Singapore
- Founders Cheng Ah Tee
- SectorsTechnology
- Website apps-foundry.com
- Social X
- Legal Name Apps Foundry Pte Ltd
- Total Equity Funding$3.19M (USD)
in 2 rounds
- Latest Funding Round$2.42M (USD), Series B
Apr 2013
- InvestorsKompas Gramedia
& 2 more
- Investments & Acquisitions
Funding Insights of Apps Foundry
Apps Foundry has successfully raised a total of $3.19M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $2.42 million completed in April 2013. 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 $3.19M
- Total Rounds 2
- Last Round Series B — $2.42M
- First Round $771,956
(Dec 2011)
- Investors Count 3
All 2 funding rounds of Apps Foundry with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2013 | $2.42M | Series B | – | Kompas Gramedia | – |
| Dec 2011 | $771,956 | Series A | – | Gobi Partners, Mitsui Global Investment | – |
3 investors in total: 3 institutional.
Investors in Apps Foundry
Apps Foundry has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Kompas Gramedia, Gobi Partners and Mitsui Global Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early-stage tech startups | – | gobi.vc | Kuala Lumpur, Malaysia | |
Corporate-backed venture capital firm focused on healthcare, IT, and multiple sectors | – | mitsui-global.com | Menlo Park, United States | |
Kompas Gramedia is engaged in multi-industry operations across Indonesia. | 1963 | kompasgramedia.com | Indonesia |
Investor details for Apps Foundry
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People of Apps Foundry
2 people are tracked at Apps Foundry (2 in leadership).
| Name | Role | Group |
|---|---|---|
Cheng Ah Tee | Co-Founder | Leadership |
Willson Cuaca | CEO | Leadership |
Complete people profiles for Apps Foundry
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Investments & Acquisitions by Apps Foundry
Apps Foundry has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MakeMac.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Portal for news and reviews on gadgets | makemac.com | Indonesia | 2008 | Feb 2012 | •••• |
Complete acquisition details for Apps Foundry
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- Exports
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Timeline of Apps Foundry
4 dated milestones of Apps Foundry across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Apps Foundry is founded.
- Funding First funding round of $772K.
- Acquisition Acquires MakeMac.
- Funding Latest funding round, Series B, of $2.4M.
Competitors of Apps Foundry
Apps Foundry 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 AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.32M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| freschesolutions.com | 1976 | Montreal, Canada | $16M | – | IT services for application modernization and development are offered. | |
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| qxglobalgroup.com | 2003 | Skipton, United Kingdom | $127.98M | 1,738 | Digital transformation and business process management services are provided. | |
| glowtouch.com | 2002 | Louisville, United States | – | 2,269 | Technology services are provided to mid-sized businesses across multiple regions. | |
| brightspot.com | 2008 | Reston, United States | $22M | – | CMS solutions for digital publishers are provided and managed. |
Detailed competitors of Apps Foundry
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Latest news on Apps Foundry
Complete news archive for Apps Foundry
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Apps Foundry
10 companies that operate in the same segment as Apps Foundry (Programming & Software Development Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.75 M | – | – | |
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 2,810 | |
Automated usability testing and feedback for mobile experiences is provided. | 2007 | San Francisco, California, United States | USD 148.5 M | USD 21.68 M | 557 | |
Crowdsourced testing platforms are offered for software quality assurance. | 1966 | Framingham, Massachusetts, United States | USD 115.9 M | – | – | |
A platform for the AI community to collaborate and build. | 2016 | Paris, France | USD 399.91 M | – | – | |
Cloud-based whiteboarding software is provided for team collaboration and communication. | 2011 | San Francisco, California, United States | USD 501.3 M | – | – | |
Security testing software is provided for code vulnerability detection. | 2006 | Atlanta, Georgia, United States | USD 98.5 M | USD 3.35 M | 38 | |
Honeycomb is recognized for providing observability solutions for distributed services. | 2016 | San Francisco, California, United States | USD 144.9 M | – | – | |
Cloud based suite of software testing solutions | 2011 | Mumbai, Maharashtra, India | USD 253.3 M | USD 75.19 M | 926 | |
Cloud-based cross-browser testing services are provided for web applications. | 2017 | San Francisco, California, United States | USD 108.4 M | USD 693.97 K | 48 |
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Frequently Asked Questions about Apps Foundry
Apps Foundry was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Apps Foundry is headquartered in Singapore, Singapore.
Apps Foundry is a funded company, having raised a total of $3.19M across 2 funding rounds to date. The company's 1st funding round was a Series A of $771.96K, raised on Dec 2011.
Apps Foundry operates with a B2B model, focusing on leveraging cutting-edge technology, creating custom software solutions, application development, and consumer and enterprise apps. Develops applications tailored for consumers and enterprises. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Apps Foundry's top competitors include Hedgehog lab, AlmavivA and AKQA.
Apps Foundry has made 1 acquisition, including MakeMac.
Apps Foundry has 3 investors. Key investors include Kompas Gramedia, Gobi Partners, and Mitsui Global Investment.
Apps Foundry operates through Apps Foundry Pte Ltd.