Apptio Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,300

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 19

  • Investments
  • 7

Apptio General Information

Description

Developer of business management software as a service application designed to transform the way information technology (IT) runs its business and makes decisions. The company offers technology business management (TBM) solutions, cost transparency, service costing, financial management, bill of it, budgeting and forecasting, agile investment management and cloud cost management, thereby enabling its customers to manage the cost and quality of information technology services by providing visibility into the total cost of services.

Contact Information

Website
www.apptio.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Corporate Office
  • 11100 Northeast 8th Street
  • Suite 600
  • Bellevue, WA 98004
  • United States
+1 (866)
Primary Industry
Business/Productivity Software
Other Industries
IT Consulting and Outsourcing
Parent Company
International Business Machines
Corporate Office
  • 11100 Northeast 8th Street
  • Suite 600
  • Bellevue, WA 98004
  • United States
+1 (866)

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Apptio Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Apptio Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of business management software as a service application designed to transform the way information technology
Business/Productivity Software
Bellevue, WA
1,300 As of 2024

Farum, Denmark
 

San Francisco, CA
 
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Apptio Competitors (154)

One of Apptio’s 154 competitors is Qualiware, a Corporation company based in Farum, Denmark.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Qualiware Corporation Farum, Denmark
SugarCRM Private Equity-Backed San Francisco, CA
Nicus Software Private Equity-Backed Roanoke, VA
Infor Global Solutions Private Equity-Backed New York, NY
Epicor Software Private Equity-Backed Austin, TX
You’re viewing 5 of 154 competitors. Get the full list »

Apptio Patents

  • 17

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Apptio Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-201621092-D0 Resource allocation forecasting Inactive 28-Dec-2015
GB-2546402-A Resource allocation forecasting Inactive 28-Dec-2015
GB-201621064-D0 Version control for resource allocation modeling Inactive 16-Dec-2015
GB-2546401-A Version control for resource allocation modeling Inactive 16-Dec-2015
GB-2556504-A Infrastructure benchmarking based on dynamic cost modeling Inactive 30-Jun-2015 G06Q10/06313
To view Apptio’s complete patent history, request access »

Apptio Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Apptio Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Apptio Investments & Acquisitions (7)

Apptio’s most recent deal was a Buyout/LBO with Cloudwiry. The deal was made on 22-Dec-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Cloudwiry 22-Dec-2022 Buyout/LBO Business/Productivity Software
Targetprocess 11-Feb-2021 Buyout/LBO Business/Productivity Software
SaaSLicense 13-Oct-2020 Buyout/LBO Business/Productivity Software
Cloudability 31-May-2019 Buyout/LBO Business/Productivity Software
7Park Data 11-Dec-2018 Buyout/LBO Business/Productivity Software
You’re viewing 5 of 7 investments and acquisitions. Get the full list »

Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Targetprocess Nicosia, Cyprus 2004

Apptio FAQs

  • When was Apptio founded?

    Apptio was founded in 2007.

  • Where is Apptio headquartered?

    Apptio is headquartered in Bellevue, WA.

  • What is the size of Apptio?

    Apptio has 1,300 total employees.

  • What industry is Apptio in?

    Apptio’s primary industry is Business/Productivity Software.

  • Is Apptio a private or public company?

    Apptio is a Private company.

  • What is the current valuation of Apptio?

    The current valuation of Apptio is .

  • What is Apptio’s current revenue?

    The current revenue for Apptio is .

  • How much funding has Apptio raised over time?

    Apptio has raised $400M.

  • Who are Apptio’s investors?

    137 Ventures, Akkadian Ventures, Andreessen Horowitz, AustralianSuper, and Cisco Investments are 5 of 22 investors who have invested in Apptio.

  • Who are Apptio’s competitors?

    Qualiware, SugarCRM, Nicus Software, Infor Global Solutions, and Epicor Software are some of the 154 competitors of Apptio.

  • When was Apptio acquired?

    Apptio was acquired on 10-Aug-2023.

  • Who acquired Apptio?

    Apptio was acquired by International Business Machines.

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