About Apptega
Apptega is a company based in Atlanta (United States) founded in 2017 by Armistead Whitney.. Apptega has raised $53.43 million across 5 funding rounds from investors including The Indus Entrepreneurs, Ascent Capital and Mainsail Partners. Apptega offers products and services including Apptega Platform, Assessments, Audit Manager, and Risk Manager. Apptega operates in a competitive market with competitors including SilverSky, Netwrix, Systancia, Carbide and A-LIGN, among others.
- Headquarter Atlanta, United States
- Founders Armistead Whitney
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Apptega, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$53.43 M (USD)
in 5 rounds
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Latest Funding Round
$15 M (USD), Series A
Apr 30, 2024
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Investors
The Indus Entrepreneurs
& 5 more
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Employee Count
Employee Count
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Products & Services of Apptega
Apptega offers a comprehensive portfolio of products and services, including Apptega Platform, Assessments, Audit Manager, and Risk Manager. 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.
Manages continuous compliance programs for security providers.
Identifies risks using framework-based questionnaires.
Speeds preparation and sharing of audit evidence.
Scores and reports on organizational risks.
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Funding Insights of Apptega
Apptega has successfully raised a total of $53.43M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in April 2024. 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 5
- Last Round Series A — $15.0M
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First Round
First Round
(03 Jul 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - Apptega | Valuation |
investors |
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| Mar, 2022 | Amount | Series A - Apptega | Valuation |
investors |
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| May, 2020 | Amount | Seed - Apptega | Valuation | GRA Venture Fund |
| 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 Apptega
Apptega has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include The Indus Entrepreneurs, Ascent Capital and Mainsail Partners. 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 multiple sectors
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Founded Year | Domain | Location | |
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Seed & early stage sector-agnostic venture capital firm funding companies in the US
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Founded Year | Domain | Location | |
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AscentCapital is engaged in potato farming, grain marketing, and equipment services in Maine.
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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 Apptega
| 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 |
Financial Statements - Apptega
| 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 |
Apptega Comparisons
Competitors of Apptega
Apptega 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 SilverSky, Netwrix, Systancia, Carbide and A-LIGN, 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 |
Cloud security and compliance solution company
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| domain | founded_year | HQ Location |
User & entity behavior analytics based security & compliance visibility platform for a hybrid cloud IT
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| domain | founded_year | HQ Location |
Desktop virtualization and healthcare solutions are provided by Systancia.
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| domain | founded_year | HQ Location |
Cloud-based compliance management is delivered to enterprises for security practices.
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| domain | founded_year | HQ Location |
Cyber risk advisory and compliance solutions are provided globally.
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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 Apptega
Frequently Asked Questions about Apptega
When was Apptega founded?
Apptega was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Apptega located?
Apptega is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of Apptega?
Dave Colesante is the current CEO of Apptega.
Is Apptega a funded company?
Apptega is a funded company, having raised a total of $53.43M across 5 funding rounds to date. The company's 1st funding round was a Seed of $153.62K, raised on Jul 03, 2018.
What does Apptega do?
Apptega was founded in 2017 in Atlanta, United States, within the cybersecurity sector. A platform is provided for managing and assessing enterprise vulnerabilities. Visibility and control over cybersecurity operations are enabled through a single online dashboard. Compliance frameworks such as NIST, HIPAA, PCI, SOC 2, and SEC are enforced via rules and policies. Real-time reporting with scoring is supported, alongside centralized project lifecycle management, task handling, collaboration, and budgeting.
Who are the top competitors of Apptega?
What products or services does Apptega offer?
Apptega offers Apptega Platform, Assessments, Audit Manager, and Risk Manager.
Who are Apptega's investors?
Apptega has 6 investors. Key investors include The Indus Entrepreneurs, Ascent Capital, Mainsail Partners, GRA Venture Fund, and The Circadian Group.
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