# Aptoide

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

- Industry: Software
- Headquarters: Lisbon, Portugal
- Website: www.aptoide.com
- Total disclosed funding: $17M
- Latest round: Series B (Oct 1, 2020)
- Investors on record: 7

## About

Based in Portugal, Aptoide operates as a decentralized alternative Android app store, offering users a unique platform for app discovery, download, and sharing, fostering personalized user experiences.Founded in Lisbon, Portugal in 2011, Aptoide provides an alternative distribution platform for mobile applications. The company has undergone a growth strategy focusing on enhancing its app ecosystem. Paulo London serves as the CEO. Aptoide has completed 4 investment deals, with the latest funding round on November 9, 2023, where it raised EUR 8.5 million from Digital Turbine, Inc., totaling EUR 8.5 million raised to date.Aptoide is primarily known for its alternative Android app store, providing a platform where users can discover, download, and share a wide variety of mobile applications and games. The platform allows users to create personalized stores and curate app collections, appealing to individual consumers and developers alike. Aptoide serves a global audience with a notable presence in Europe, Latin America, and Asia, catering to users seeking a more decentralized approach to app management.Aptoide generates revenue through a combination of advertising, partnerships, and in-app purchases facilitated via its platform. Its direct-to-consumer model allows developers to monetize their applications through freemium models and premium app sales. This revenue structure supports an extensive user base while engaging developers effectively. Partnerships with app developers further enhance visibility and distribution, contributing to Aptoide's overall revenue stream.In November 2023, Aptoide raised EUR 8.5 million in venture funding from Digital Turbine, Inc. The company plans to utilize this funding to develop and promote its two platforms within the mobile app ecosystem, aiming for expansion into new markets to enhance user engagement and broaden its reach.

## Funding rounds

- Series B, Oct 1, 2020, $12M — Portugal Ventures, Faurecia, Digital Turbine, Inc., 200M Fund
- Series A, Jan 5, 2016, $4M — Gobi Partners, Headline, Portugal Ventures, Golden Gate Ventures
- Seed, May 31, 2013, $1M — Portugal Ventures

## Investors

- Portugal Ventures (https://capitalatlas.ai/funds/portugal-ventures) — Seed, Series A, Series B
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series A
- Headline (https://capitalatlas.ai/funds/headline) — Series A
- Golden Gate Ventures (https://capitalatlas.ai/funds/golden-gate-ventures) — Series A
- Faurecia — Series B
- Digital Turbine, Inc. — Series B
- 200M Fund (https://capitalatlas.ai/funds/200m-fund) — Series B