Apollo.io Raises $100 Million at $1.6 Billion Valuation

Apollo.io is a sales technology platform that equips sales teams with powerful prospecting tools, providing access to a vast database of highly accurate and up-to-date contact information. With robust search filters and advanced targeting capabilities, sales teams can identify and prioritize the most promising leads, saving valuable time and resources.  

Apollo.io has raised $100 million in a Series D round led by Bain Capital Ventures (BCV), with participation from existing investors Sequoia Capital, Tribe Capital, and Nexus Venture Partners. The new round has brought Apollo.io’s valuation to $1.6 billion. Apollo.io intends to use the fresh funding to double the employee count to continue building its GTM strategy. In total, the company has raised $251 till that moment.  

Apollo.io, San Francisco, California, United States, was founded in 2015 by Ray Li, Roy Chung, and Tim Zheng. “We have released 20 new go-to-market workflows in the last year, and this funding will increase this rate of development to centralize the entire go-to-market stack for businesses,” said Zheng. “Apollo’s unique approach to product-led growth – where 60% of funds are invested into product development and everything is built in-house – has resulted in a rapid increase in users and revenue.”

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