AppDirect IPO

appdirect.com

AppDirect was founded in 2009 by Nicolas Desmarais, Daniel Saks, and Andy Sen. While CEO Daniel Saks stated in 2020 that there are no immediate plans to take AppDirect public, a recent $1.5 billion post-money valuation suggests a bright path forward for the company. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

As the company describes their product, "AppDirect offers a subscription commerce platform that removes the complexity of building a recurring business model. Sell any product, through any channel, on any deviceā€”as a service." AppDirect has raised over $470 million in funding from investors including JP Morgan Chase, CDPQ, StarVest Partners, Inovia Capital, and Mithril Capital Management. Since 2012, the company has made 7 acquisitions, most recently of IT Cloud Solutions (ITcloud.ca), one of Canada's largest technology providers.

Founded2009
Total Funding to Date$469.77MM
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AppDirect Ticker Symbol

AppDirect does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

AppDirect Stock Price

The stock price for AppDirect will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).

Major Investors for AppDirect

Foundry Group
Mithril Capital Management
J.P. Morgan Asset Management
iNovia Capital
StarvVest Partners
Stingray Digital

AppDirect Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
9/16/2020 Series G, G-2, and G-3 $1.56B $XXX.XX $XXX.XX
10/7/2015 Series E-1 and F $1.17B $XXX.XX $XXX.XX
2/11/2015 Series D-1 and D-2 $865MM $XXX.XX $XXX.XX
4/10/2014 Series C $382.75MM $XXX.XX $XXX.XX
9/10/2013 Series B $118.95MM $XXX.XX $XXX.XX
7/18/2012 Series A-3 $81.25MM $XXX.XX $XXX.XX
4/28/2011 Series A-1 and A-2 $67.75MM $XXX.XX $XXX.XX
Based on primary financings

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