Profile Previews

Get a glimpse into our company and investor data—powered by the PitchBook Platform

Approva

2001 FOUNDED
M&A STATUS
51-60 EMPLOYEES
M&A LATEST DEAL TYPE
Description

Provider of controls intelligence software. The company automates both IT and financial controls for all major enterprise applications. Its software is used by many audit firms, as well as Bayer, DirecTV, Honeywell, Kraft, Northrop Grumman, Siemens, and T-Mobile.

Website
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Application Software
Other Industries
Accounting, Audit and Tax Services (B2B)
Automation/Workflow Software
Primary Office
  • 13454 Sunrise Valley Drive
  • Suite 500
  • Herndon, VA 20171
  • United States

+1 (703) 000-0000
Request full access to PitchBook

You’re viewing a free company profile from the PitchBook Platform. To explore Approva’s full profile, request a free trial.

Approva Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 07-Sep-2011 Completed Profitable
6. Buyout/LBO 01-Sep-2011 0000 Completed Profitable
5. Later Stage VC (Series E) 02-Jul-2009 00.00 0000 000.00 Completed Generating Revenue
4. Later Stage VC (Series D) 15-Mar-2007 000 000.00 00000 Completed Generating Revenue
3. Later Stage VC (Series C) 18-Apr-2005 000.00 000.00 000.00 Completed Startup
2. Early Stage VC (Series B) 22-Mar-2004 $8.05M $14.6M 000.00 Completed Startup
1. Early Stage VC (Series A) 03-Apr-2003 $6.55M $6.55M 000.00 Completed Startup
To view this company’s complete deal history including valuation and funding, request access »

Approva Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series E 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series D 0,000,000 00.000000 00 00.00 00.00 00 00.00 00
Series C 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.00
Series B 11,679,270 $0.001000 8% $0.71 $0.71 1x $0.71 15.86%
Series A 13,699,998 $0.001000 8% $0.5 $0.5 1x $0.5 18.6%
To view this company’s complete Cap Table, request access »

Approva Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Columbia Capital Venture Capital Minority 000 0000 000000 0
Gold Hill Capital Venture Capital Minority 000 0000 000000 0
New Enterprise Associates Venture Capital Minority 000 0000 000000 0
Novak Biddle Venture Partners Venture Capital Minority 000 0000 000000 0
Sierra Ventures Venture Capital Majority 000 0000 000000 0
You’re viewing 5 of 6 investors. Get the full list »