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 device—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.
AppDirect is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
AppDirect has not yet filed for an IPO. However, it's important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
AppDirect is privately held company and is not publicly traded, therefor investing in AppDirect pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.
To determine the value of your AppDirect shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your AppDirect shares. You can also learn more about how to sell your private shares before getting started.
Yes, you can seek to sell shares in AppDirect while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
---|---|---|---|---|
9/16/2020 | Series G, G-2 and G-3 |
$191.43MM raised | $XXX.XX | $XXX.XX |
10/7/2015 | Series E-1 and F |
$142MM raised | $XXX.XX | $XXX.XX |
2/11/2015 | Series D-1 and D-2 |
$75.25MM raised | $XXX.XX | $XXX.XX |
4/10/2014 | Series C |
$35MM raised | $XXX.XX | $XXX.XX |
9/10/2013 | Series B |
$13MM raised | $XXX.XX | $XXX.XX |
7/18/2012 | Series A-3 |
$9.47MM raised | $XXX.XX | $XXX.XX |
4/28/2011 | Series A-1 and A-2 |
$3.61MM raised | $XXX.XX | $XXX.XX |