B2B product sales intelligence system, Apollo.io clocks $110Mn in Series C from Sequoia, other individuals

B2B product sales intelligence system, Apollo.io clocks $110Mn in Series C from Sequoia, other individuals

Apollo.io, the B2B revenue intelligence platform backed by Nexus Undertaking associates between other people, has declared a new $110Mn Collection C spherical. The round was led by Sequoia Cash, together with existing traders Tribe Funds, Nexus Enterprise Associates, and NewView Cash. Apollo.io’s total fundraise now stands at $150Mn put up this Series C.

Apollo.io gives product sales experts with an conclusion-to-conclude platform, that will help them operate with and change above 200 million prospective buyers on the system. The platform gives effective and good profits engagement functions to assistance revenue teams automate their workflows and outreach driving enhanced productivity. Also, it also streamlines revenue processes by integrating with other revenue instruments like Salesforce, HubSpot, Marketo, Sendgrid, and LinkedIn.

“Apollo.io simplifies the convoluted and guide procedures of income prospecting—ultimately, producing good, details-pushed GTM uncomplicated and obtainable to all,” said Sonya Huang, Lover at Sequoia. “Tim and the Apollo staff have built a product-led instrument that is beloved by thousands of customers. We could not be far more psyched to spouse with Apollo on their journey to assist each firm achieve its comprehensive opportunity.”

With the COVID-19 pandemic forcing an accelerated transformation to electronic for enterprises and industry experts, Apollo.io has noticed substantial advancement, despite a rather brief existence period. The business claims to have helped over a person million professionals, throughout 160,000 businesses, automate their product sales procedures and “10X” their profits.

Apollo’s own Once-a-year Recurring Profits (ARR) has approximately tripled in the earlier 12 months. Considering that announcing its Series B spherical of funding 3 months in the past, Apollo.io expanded its compensated purchaser foundation by practically 60% to over 15,000 paying customers.

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The organization aims to deploy this clean money mostly to accelerate its product or service-led advancement, raising its expenditure in item and engineering by practically 300% to proceed to develop the ideal platform in its class. “This funding will allow us to employ the service of the really finest people today in the market, continue to construct and marketplace our group-main income intelligence and engagement system, and accelerate our advancement with investments in internet marketing and sales”, extra Tim Zheng, co founder and CEO at Apollo.io.