Apruve Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 11

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 7

Apruve General Information

Description

Developer of a payment platform designed to automate credit programs and payments. The company's corporate account management and financing service allows online business-to-business (B2B) sellers to give their business customers a revolving line of credit without any accounts receivable or cash flow risk, enabling manufacturing, semiconductors, food, energy, transportation, and electronics industries to extend payment terms to their customers without adding back-office costs, cash flow concerns, and financial risk.

Contact Information

Website
www.apruve.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Corporate Office
  • 110 North 5th Street
  • Suite 420
  • Minneapolis, MN 55403
  • United States
+1 (844)
Primary Industry
Financial Software
Parent Company
Vertical(s)
SaaS, TMT, FinTech, B2B Payments
Corporate Office
  • 110 North 5th Street
  • Suite 420
  • Minneapolis, MN 55403
  • United States
+1 (844)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Apruve Valuation & Funding

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

This information is available in the PitchBook Platform. To explore Apruve‘s full profile, request access.

Request a free trial

Apruve Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a payment platform designed to automate credit programs and payments. The company's corporate account manag
Financial Software
Minneapolis, MN
11 As of 2023

Richmond, VA
 

Atlanta, GA
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Apruve Competitors (123)

One of Apruve’s 123 competitors is Paymerang, a Formerly PE-Backed company based in Richmond, VA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Paymerang Formerly PE-Backed Richmond, VA
Bluefin Payment Systems Private Equity-Backed Atlanta, GA
ProPay Formerly VC-backed Lindon, UT
HighRadius Venture Capital-Backed Houston, TX
SafetyPay Formerly VC-backed Aventura, FL
You’re viewing 5 of 123 competitors. Get the full list »

Apruve Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Apruve Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Apruve‘s full profile, request access.

Request a free trial

Apruve FAQs

  • When was Apruve founded?

    Apruve was founded in 2013.

  • Where is Apruve headquartered?

    Apruve is headquartered in Minneapolis, MN.

  • What is the size of Apruve?

    Apruve has 11 total employees.

  • What industry is Apruve in?

    Apruve’s primary industry is Financial Software.

  • Is Apruve a private or public company?

    Apruve is a Private company.

  • What is Apruve’s current revenue?

    The current revenue for Apruve is .

  • How much funding has Apruve raised over time?

    Apruve has raised $9.5M.

  • Who are Apruve’s investors?

    AllegisCyber, Andcor Companies, Cloud Apps Capital Partners, Commerce.Innovated, and DEMO Traction are 5 of 14 investors who have invested in Apruve.

  • Who are Apruve’s competitors?

    Paymerang, Bluefin Payment Systems, ProPay, HighRadius, and SafetyPay are some of the 123 competitors of Apruve.

  • When was Apruve acquired?

    Apruve was acquired on 13-Dec-2022.

  • Who acquired Apruve?

    Apruve was acquired by TreviPay.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »