# Apollo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apollo

- Industry: Software
- Headquarters: Covina, US
- Website: www.apollo.io
- Total disclosed funding: $251M
- Latest round: Series D (Jun 30, 2023)
- Investors on record: 9

## About

Founded in 2015 and based in Covina, CA, Apollo specializes in AI-driven sales solutions, offering an integrated platform that enhances sales prospecting and outreach for businesses across various industries. Co-founded by Tim Zheng, Ray Li, and Roy Chung, the firm has raised a total of USD 251.22 million across 6 rounds of funding. In June 2023, Apollo raised USD 100 million in series D funding led by Bain Capital, with participation from Nexus Venture Partners, Sequoia Capital, and Tribe Capital., valuing the company at USD 1.45 billion post-money. Apollo is an end-to-end AI sales platform designed to enhance sales prospecting and outreach through a suite of integrated tools and features. The platform offers a comprehensive B2B database containing over 210 million contacts and 35 million companies, enabling users to efficiently identify and connect with potential leads. Key functionalities include multichannel outreach capabilities, an AI-powered call assistant, automated meeting scheduling, and data enrichment features that ensure user data remains current and actionable. The platform caters to a diverse clientele across industries, including sales leaders, account executives, and marketers, operating in multiple geographical markets such as the United States, Europe, and Asia. Apollo generates revenue through a subscription-based model, enabling clients to access its platform and tools for a monthly or annual fee. Clients subscribe to various service tiers, which typically include features such as CRM enrichment, pipeline management, and AI-driven sales insights. The company also partners with other marketing and sales technologies, enhancing its value proposition. Specific pricing plans are tailored to different user needs, offering entry-level packages for small businesses and premium plans for larger enterprises. The flagship Apollo AI Sales Platform encompasses all essential tools for sales engagement, data management, and deal execution. The company plans to use the funding from June 2023 to expand its team.

## Funding rounds

- Series D, Jun 30, 2023, $100M — Bain Capital, Hong Shan, Nexus Venture Partners, Tribe Capital
- Series C, Jan 4, 2022, $110M — Hong Shan, Nexus Venture Partners, Gaingels, Tribe Capital, NewView Capital
- Series B, Jun 30, 2021, $32M — Nexus Venture Partners, Gaingels, Tribe Capital, NewView Capital
- Series A, Jun 26, 2018, $7M — Nexus Venture Partners, Y Combinator, Social Capital
- Seed, Mar 31, 2016, $2.2M — Nexus Venture Partners, SV Angel, Social Capital

## Investors

- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed, Series A, Series B, Series C, Series D
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed, Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B, Series C
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series B, Series C, Series D
- NewView Capital (https://capitalatlas.ai/funds/newview-capital) — Series B, Series C
- Hong Shan — Series C, Series D
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series D