# Apprion

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

- Industry: Telecoms
- Headquarters: US
- Website: www.apprion.com
- Total disclosed funding: $28M
- Latest round: Series C (Mar 10, 2010)
- Investors on record: 6

## About

Apprion provides advanced industrial solutions that enhance operational efficiency and data management through real-time data acquisition, analytics, and IoT integration in various sectors.Founded in 2004, Apprion specializes in industrial technology solutions. The company is headquartered in the United States and has engaged in 4 deals with its most recent funding round being a Series C in March 2010, where it raised USD 8.000 mn from investors including AllegisCyber Capital and Motorola Solutions Venture Capital. The total amount raised by Apprion to date is USD 8.000 mn, valuing the company at USD 13.125 mn post-money.Apprion.com specializes in providing advanced industrial solutions designed to enhance operational efficiency and data management within various sectors. Their core product offerings focus on real-time data acquisition, analytics, and IoT integration for manufacturing and industrial facilities. These solutions address critical use cases such as predictive maintenance, process optimization, and operational visibility, enabling clients to make informed decisions based on real-time insights. The company serves a diverse client base that includes large manufacturing firms, energy producers, and supply chain operators, primarily in North America and select international markets.The revenue model for Apprion.com encompasses a combination of subscription services and enterprise-level partnerships. Clients typically engage in multi-year agreements that provide ongoing access to the company’s technology and support services. The transaction structure is predominantly B2B, catering to large organizations requiring tailored solutions for their operational challenges. Specific pricing plans and financial details regarding individual products or services remain proprietary; however, flagship offerings in the industrial IoT space are key contributors to the revenue stream, facilitating enhanced efficiency and solidifying long-term client relationships that drive sustained revenue growth.Apprion's future growth strategy includes the development of new products focused on expanding the functionality of their IoT solutions. The Series C funding raised on March 10, 2010, will support these initiatives, which will allow Apprion to enhance its offerings and explore new market opportunities. With the funding round valuing the company at USD 13.125 mn, Apprion plans to target expansion into additional international markets, although specific regions and timelines have not been disclosed.

## Funding rounds

- Series C, Mar 10, 2010, $8M — AllegisCyber Capital, Chevron Technology Ventures, Motorola Solutions Venture Capital, Anvil Investment Associates, PEI Funds
- Series B, Sep 25, 2007, $12M — Advanced Technology Ventures, AllegisCyber Capital, Chevron Technology Ventures, Anvil Investment Associates
- Series A, Jan 24, 2006, $7.5M — Advanced Technology Ventures, AllegisCyber Capital

## Investors

- Advanced Technology Ventures (https://capitalatlas.ai/funds/advanced-technology-ventures) — Series A, Series B
- AllegisCyber Capital (https://capitalatlas.ai/funds/allegiscyber-capital) — Series A, Series B, Series C
- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series B, Series C
- Anvil Investment Associates — Series B, Series C
- Motorola Solutions Venture Capital (https://capitalatlas.ai/funds/motorola-solutions-venture-capital) — Series C
- PEI Funds — Series C