# Apollo funding: rounds and investors

> Apollo has raised $242M across 2 rounds since 2019. Investors include Andreessen Horowitz, Matrix Partners and Trinity Ventures. Every round with its source.

Source: https://millionrounds.com/company/apollo (Millionrounds; every figure on the page links to its filing or article)

United States · [Growth startup](https://millionrounds.com/companies)

# Who invested in *Apollo*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

DevOps Energy

Valuation: $1.6B, Mar 2026 Y Combinator: S21

Funding summary Updated 26 Oct 2026

**$242M** raised across 2 rounds since 2019, from 2 sources

**$22M** Round **$220M** Growth

- **Latest round:** Growth, $220M Apr 2025
- **Step-up i:** 10×
- **Investors:** 4 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021 2022 2023 2024 2025

**$22M** Round

**$220M** Growth

- **First round:** Round, $22M
- **Biggest round:** $220M
- **Between rounds:** 5.8 years

[**Apollo** Devops 1 / 15 Their pitch deck **Apollo's pitch deck, 15 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/apollo)

## The rounds

- **Apr 2025** Growth **$220M** *1 new* [Apollo](https://millionrounds.com/fund/apollo-global-management) Source recorded
- **Jun 2019** Round **$22M** *3 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) Lead [Matrix Partners](https://millionrounds.com/fund/matrix-partners) Lead [Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) Reported by FinSMEs

## Founders and team

From Apollo's own website: 2 founders, 5 on the team.

**Matt DeBergalis** Chief Executive Officer and Co-Founder

**Geoff Schmidt** Founder, Apollo GraphQL

- **Eric Holzhauer** VP of Marketing
- **Erika Pettersen** Head of Finance
- **Sandy Parlin** VP of People
- **Simon McCann** Head of Global Sales
- **Certified Apollo GraphQL Developers** Board of Directors

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2019 **Growth** 2025 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) L [Matrix Partners](https://millionrounds.com/fund/matrix-partners) L [Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) [Apollo](https://millionrounds.com/fund/apollo-global-management)

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round, led 1

[Matrix Partners](https://millionrounds.com/fund/matrix-partners) VC firm **1** round, led 1

[Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) VC firm **1** round

[Apollo](https://millionrounds.com/fund/apollo-global-management) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=apollo).

## Also claim to have backed them

These 2 firms list Apollo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Webb Investment Network](https://millionrounds.com/fund/webb-investment-network) Family office Per its own site

[Neythri Futures Fund](https://millionrounds.com/fund/neythri-futures-fund) VC firm Per its own site

## Quick answers about Apollo

### Who invested in Apollo?

Apollo's investors include Andreessen Horowitz, Matrix Partners, Trinity Ventures and Apollo.

### How much has Apollo raised?

Apollo has raised $242M across 2 rounds since 2019.

### When did Apollo last raise?

Apollo's most recent round was a Growth of $220M in Apr 2025.

### What was Apollo's biggest round?

Its most recent round, $220M in Apr 2025, is also its largest on record.

### Who backed Apollo first?

Apollo's first round on record, in Jun 2019, was backed by Andreessen Horowitz, Matrix Partners and Trinity Ventures.

### What stage is Apollo at?

Apollo's latest named round is a Growth, in Apr 2025.

### Where is Apollo based?

Apollo is based in the United States.

### Who led Apollo's rounds?

Andreessen Horowitz led the Undisclosed round in 2019.

## Companies like Apollo

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

## Find investors like these

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