Apollo.io, a San Francisco, California-basedthe leading go-to-market acceleration platform for B2B companies, raised $32 million in Series B. The funding follows a successful 12 months for the company during which it grew its user base by more than 200 percent and maintained profitability for more than 18 months.
The round was led by Tribe Capital, with participation from NewView Capital and existing investor Nexus Venture Partners.
With the capital in hand, Apollo.io plans to expand its product and engineering teams to refine its category-leading technology. The round will also enable the company to expand its client base of mid-market and enterprise clients with further investments in sales, marketing, and operational resources, including new leadership, hires.
Company: ZenLeads, Inc.
Raised: $32.0M
Round: Series B
Funding Month: November 2021
Lead Investors: Tribe Capital
Additional Investors: NewView Capital, and Nexus Venture Partners
Company Website: https://www.apollo.io/
Software Category: Data intelligence and sales engagement platform
About the Company: Apollo.io is a leading data intelligence and sales engagement platform trusted by 168,000 companies and more than one million users globally, from rapidly growing startups to some of the world's largest enterprises. The platform integrates directly with CRM platforms so B2B sales professionals can find the right buyers at the right companies at the right time. Apollo's advanced algorithms and unique data acquisition methods provide highly accurate business attributes and contact information on prospects; display this information automatically when visiting LinkedIn profiles; enrich CRM databases with 200+ unique business attributes, and flag new contact information in real-time if prospects change jobs or get promoted.
Source: https://www.prnewswire.com/news-releases/apolloio-raises-32m-in-series-b-funding-to-make-b2b-sales-prospecting-more-intelligent-automated-and-accessible-301413143.html