When was Apptio founded?

Apptio was founded in 2007 and raised its 1st funding round within a year of its incorporation.

Where is Apptio located?

Apptio is headquartered in Bellevue, United States.

How many employees does Apptio have?

As of Aug 31, 2026, the latest employee count at Apptio is 1307.

Is Apptio a funded company?

Apptio is a funded company, having raised a total of $136M across 8 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 2007.

How much is Apptio worth?

The last known valuation of Apptio was $***** as of Nov 11, 2018.

When was the latest funding round of Apptio?

Apptio's latest funding was a $***** Conventional Debt round on Mar 23, 2018, with participation from 0 investor.

What is the annual revenue of Apptio?

Annual revenue of Apptio is between $100M and $500M as on Dec 31, 2017

Where does Apptio rank among its competitors?

Apptio ranks 1st amongst 331 active competitors, of which 66 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Orb, which secured $25M in Sep, 2024.

Who are the top competitors of Apptio?

Apptio's top competitors include Orb, Zluri and Zylo. Among them, Orb secured the most recent funding round in September, 2024.

Apptio - 2026 Company Profile, Team, Funding, Competitors & Financials

Apptio is an acquired company based in Bellevue (United States), founded in 2007 by Sunny Gupta and Kurt Shintaffer. It operates as a Cloud spend management platform for enterprises. Apptio has raised $136M in funding from investors like Shasta Ventures, Greylock Partners and Andreessen Horowitz, with last known valuation of $*****. The company has 331 active competitors, including 66 funded and 30 that have exited. Its top competitors include companies like Orb, Zluri and Zylo.

Company Details

Cloud spend management platform for enterprises. It enables users to connect multi cloud, hybrid, or saas infrastructure with cloud financial management solutions to monitor and control the costs. It allows users to allocate cloud spending across products, cost centers, business units, and more. Offering includes IT planning, resource management, program management, and more.

Website: www.apptio.com/
Social
Email ID: *****@apptio.com
Phone Number: +1 **********

Key Metrics

Founded Year

2007

Location

Bellevue, United States

Stage

Acquired

Total Funding

$136M in 8 rounds

Latest Funding Round

Conventional Debt, Mar 23, 2018, $*****

Last Known Valuation

$***** as on Nov 11, 2018

Investors

Shasta Ventures & 15 more

Ranked

1^st among 331 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2017

Employee Count

1,307 as on Aug 31, 2026

Investment & Acquisitions

Cloudwiry & 10 more

Similar Companies

Orb & 363 more

Exit Details

Acquired by IBM (Jun 26, 2023)

View Apptio's full profile

Apptio is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
APPTIO NORDICS ApS CIN: 35234888 , Denmark, Active	Apr 17, 2013	-	9 (As on Apr 30, 2024)
APPTIO INC CIN: 1419625 , United States, Active	Oct 01, 2007	$100M - $500M (As on Dec 31, 2017)	-	-

Apptio got acquired by IBM on Jun 26, 2023.

Click here to take a look at Apptio's acquisition in detail

Apptio has raised a total funding of $136M over 8 rounds. Its first funding round was on Nov 2007. Apptio has 16 institutional investors.

Here is the list of recent funding rounds of Apptio:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 23, 2018	4431286	Conventional Debt	4032339	7532657	5836069	5824288
Feb 16, 2018	1199582	Post IPO	8367844	9725449	6115237	6737801
May 14, 2013	8647302	Series E	1941774	2261558	Janus Henderson Investors & 1 more	Andreessen Horowitz & 4 more

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View details of Apptio's funding rounds and investors

The founders of Apptio are Sunny Gupta and Kurt Shintaffer.

Here are the details of Apptio's key team members:

Sunny Gupta: Former Co-Founder of Apptio and founder of 2 other companies, panOpen and iConclude. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 2 email addresses
Kurt Shintaffer: Co-Founder of Apptio and founder of 1 other company.
Contact Info: 1 email address

View details of Apptio's Founder profiles and Board Members

Apptio's employee count trend

Apptio has 1,307 employees as of Aug 26. Here is Apptio's employee count trend over the years:

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Top competitors of Apptio include Orb, Zluri and Zylo. Here is the list of Top 10 competitors of Apptio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Apptio 2007, Bellevue (United States), Acquired	Cloud spend management platform for enterprises	$136M	Sprout Capital Partners, Harvest Growth Capital ... & 14 others	75/100
2nd	Orb 2019, San Francisco (United States), Acquired	Platform offering infrastructure monitoring solutions	$44.1M	Menlo Ventures, Greylock Partners & 16 others	69/100
3rd	Zluri 2020, San Francisco (United States), Series B	Provider of SaaS management, access management, and access review solutions	$32.5M	Endiya Partners, Kalaari Capital & 30 others	68/100
4th	Zylo 2015, Indianapolis (United States), Series C	Platform offering SaaS applications management solutions	$72.5M	High Alpha, Bessemer Venture Partners & 16 others	68/100
5th	Vendr 2018, Boston (United States), Acquired	Provider of software pricing data and negotiation insights for buyers	$216M	Craft Ventures, SoftBank Vision Fund & 15 others	67/100
6th	Flexera 2008, Itasca (United States), Acquired	Provider of IT management solutions for cloud, SaaS, and data centers	$5.76M	HarbourVest Partners, Ares Capital Corporation ... & 5 others	66/100
7th	Sastrify 2020, Cologne (Germany), Acquired	AI-powered platform designed for IT teams to manage software	$45.3M	HV Capital, Endeit Capital & 31 others	65/100
8th	Tangoe 2000, Boulevard (United States), Acquired	Cloud based platform offering IT expense life cycle management software	$34.2M	Western Technology Investment, ORIX & 10 others	65/100
9th	SAP Ariba 1996, Palo Alto (United States), Acquired	E-procurement, invoicing, and B2B collaboration software for businesses	-	Intel, TCV & 5 others	65/100
10th	BetterCloud 2011, New York City (United States), Series G	SaaS applications management solutions provider	$187M	Greycroft, Flybridge Capital Partners & 14 others	64/100

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Apptio has made 1 investments in companies including FinOps. Apptio has also acquired 10 companies including Cloudwiry and Targetprocess.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 09, 2023	Acquisition	Cloudwiry	2015	Austin (United States)
Feb 11, 2021	Acquisition	Targetprocess	2004	Amherst (United States)
Aug 20, 2020	Investments	FinOps	2019	San Francisco (United States)