# Apty

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

- Industry: Software
- Headquarters: Austin, US
- Website: www.apty.io
- Total disclosed funding: $13M
- Latest round: Series A (Jul 13, 2021)
- Investors on record: 7

## About

Apty, Inc. is a technology firm specializing in an AI-powered Digital Adoption Platform, aimed at optimizing enterprise software usage and enhancing employee productivity through innovative in-app guidance solutions.Founded in 2017 in Austin, US, Apty, Inc. focuses on improving enterprise software utilization through its platform. The company has secured USD 7.5 mn in Series A funding, led by 645 Ventures, to strengthen its business operations and expand its market reach. The founder, Krishna Dunthoori, also serves as the CEO, bringing prior experience in the tech industry to the company. Apty has engaged in three funding deals, with the latest raised on July 13, 2021.Apty offers an AI-powered Digital Adoption Platform (DAP) designed to enhance the utilization of enterprise software. The core product, Apty OneX, provides in-app guidance and real-time support to help employees navigate complex software applications, thereby improving user engagement and productivity. This platform addresses common challenges such as underutilized software, inefficient processes, and the inability to measure true ROI, particularly in environments where traditional training methods fall short. Apty’s solution is particularly beneficial for organizations in sectors like IT service management (ITSM), where it streamlines workflows and accelerates user adoption of tools like ServiceNow. Customers utilizing Apty's services span various geographical markets, including North America, Europe, and Asia-Pacific, focusing on large enterprises with complex tech stacks that require ongoing training and support for their workforce.Apty generates revenue primarily through subscription-based models tailored for its Digital Adoption Platform offerings. Clients engage with Apty through licensing agreements, where they pay for access to the DAP on a recurring basis. The pricing structure reflects the scale of deployment, with considerations for the number of users and specific applications integrated within the enterprise tech stack. Flagship offerings like Apty OneX allow organizations to implement guided workflows and analytics, which are crucial for driving digital transformation initiatives. The transaction flow typically involves a direct relationship between Apty and its clients, which include large enterprises from sectors such as finance, healthcare, and technology, ensuring tailored solutions that maximize productivity and software utilization.Following the Series A funding of USD 7.5 mn raised in July 2021, Apty, Inc. plans to utilize the investment to bolster its global enterprise sales and business development teams, as well as enhance engineering resources. The company is focused on expanding into new markets across North America, Europe, and Asia-Pacific. Future product developments are anticipated to further enhance the functionality and effectiveness of their Digital Adoption Platform, although specific release dates remain undisclosed.

## Funding rounds

- Series A, Jul 13, 2021, $7.5M — 645 Ventures, Companyon Ventures, Reformation Partners
- Series A, Dec 2, 2020, $5.4M — Gaingels, Companyon Ventures, Reformation Partners, MyAsia VC, Mediaapps Innovation, Creative Co Capital
- Seed, Dec 1, 2019 — Reformation Partners

## Investors

- Reformation Partners (https://capitalatlas.ai/funds/reformation-partners) — Seed, Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Companyon Ventures (https://capitalatlas.ai/funds/companyon-ventures) — Series A
- MyAsia VC — Series A
- Mediaapps Innovation — Series A
- Creative Co Capital — Series A
- 645 Ventures (https://capitalatlas.ai/funds/645-ventures) — Series A