# App47

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/app47

- Industry: Software
- Headquarters: Reston, US
- Website: www.app47.com
- Total disclosed funding: $1.8M
- Latest round: Series A (Jun 8, 2011)
- Investors on record: 1

## About

App47 is a Mobile Application Management (MAM) platform designed to enhance mobile workforce efficiency and secure application management for enterprises utilizing embedded mobility solutions.Founded in 2011 in Reston, US, App47 specializes in Mobile Application Management. In May 2012, the company raised USD 0.75 million from Valhalla Partners. The company does not have known subsidiaries or a parent company. Sean McDermott is the founder, and Chris Schroeder serves as the CEO.App47's primary offering is its Mobile Application Management (MAM) platform, which supports enterprises with a mobile workforce. The platform features two main models: the Embedded App Store, for managing connected devices like heavy machinery and medical equipment, and the Enterprise App Store, for organizations operating in BYOD environments. App47 serves clients across various industries, including construction and healthcare, with a focus on both SMBs and large enterprises, targeting international markets to enhance mobile application security and management.App47 generates revenue through subscription-based models for its MAM solutions, offering clients ongoing access to its platform and support services. The pricing structure is tiered, accommodating the needs of both SMBs and larger enterprises. This model fosters long-term partnerships, ensuring continuous updates and enhancements to the software, resulting in consistent revenue streams for the company.App47 plans to leverage its recent financing of USD 0.75 million raised in May 2012 to support the development of new products and services, aiming to enhance its MAM platform. The company is targeting expansion into international markets to meet growing demand for mobile application management. Specific regions for expansion have not been disclosed, but the focus remains on enhancing the product offerings and securing a broader customer base.

## Funding rounds

- Series A, Jun 8, 2011, $1.8M — Valhalla Partners

## Investors

- Valhalla Partners (https://capitalatlas.ai/funds/valhalla-partners) — Series A