Apollo.io Raises $110M In Series C Funding
- Written by Kelly Lindenau
- Published in Financial News
Apollo.io, a sales intelligence and engagement platform, closed a $110 million Series C funding round led by Sequoia Capital alongside existing investors Tribe Capital, Nexus Venture Partners and NewView Capital.
Apollo.io's platform includes a B2B contact database with information on more than 220 million buyers and provides sales engagement features that help sales teams automate their workflows and outreach. The platform seeks to streamline the sales process by integrating with other sales tools including Salesforce, HubSpot, Marketo, Sendgrid and LinkedIn.
With the funding, Apollo.io plans to accelerate its product-led growth and increase its investment in product and engineering by nearly 300%. The latest round brings the company’s total raised funds to more than $140 million, as it closed a Series B round in November 2021.
“Apollo’s mission is to make world-class go-to-market solutions simple and accessible to all,” said Tim Zheng, Co-founder and CEO of Apollo.io, in a statement. “We are one of the fastest-growing sales platforms integrating the most accurate buyer data with powerful engagement, automation and intelligence tools to easily find and target the right buyer at the right time with the right message. This funding will enable us to hire the very best people in the industry, continue to build and market our category-leading sales intelligence and engagement platform and accelerate our growth with investments in marketing and sales.”