United States · Series E startup

Who invested in AppDirect

7 rounds we have observed, with the 6 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.

IT Services

Valuation: $1.1B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$248Mraised across 7 rounds since 2011, from 7 sources

$2.7MDebt$3.3MSeed$8.5MSeries A$9.0MSeries B$35MSeries C$50MSeries D$140MSeries E
Latest round
Series E, $140MOct 2015
Step-upi
2.8×
Investors
6
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.

20112012201320142015
$2.7MDebt$3.3MSeed$8.5MSeries A$9.0MSeries B$35MSeries C$50MSeries D$140MSeries E
First round
Debt, $2.7M
Mar 2011
Biggest round
$140M
Series E · Oct 2015
Usual gap between rounds
10 months
the median of 6

The rounds

  1. Oct 2015
  2. Feb 2015
    Series D$50M2 returning

    From a historical funding record

  3. Apr 2014
    Series C$35M1 new3 returning

    From a historical funding recordSEC filing: $35M sold, first sale Mar 2014

  4. Sept 2013
    Series B$9.0M2 new1 returning

    Reported by techcrunch.com

  5. Jul 2012
    Series A$8.5M2 returning

    Reported by techcrunch.comSEC filing: $12M sold, first sale Jul 2012

  6. Apr 2011
  7. Mar 2011
    Debt$2.7M

    No investor was named in the report.

    Reported by sec.gov

Founders and team

From the SEC filings it signed: 3 on the team.

  • Audrey GarfieldExecutive Officeri
  • Daniel SaksExecutive Officer, Directori
  • Nicolas DesmaraisExecutive Officer, Directori

On the board, as filediAjay RoyanChris ArsenaultPaul DesmaraisRobert Fetherstonhaugh

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.

Debt2011Seed2011Series A2012Series B2013Series C2014Series D2015Series E2015Inovia CapitalStarVest PartnersFoundry GroupMithril Capital ManagementStingray DigitalJP Morgan Chase

Everyone who backed them

Inovia CapitalVC firm5rounds
StarVest PartnersVC firm4rounds
Foundry GroupVC firm3rounds
Stingray DigitalVC firm3rounds
JP Morgan ChaseCorporate VC1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists AppDirect as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Quick answers about AppDirect

Who invested in AppDirect?

AppDirect's investors include Inovia Capital, StarVest Partners, Foundry Group, Mithril Capital Management and Stingray Digital, and 1 more on record.

How much has AppDirect raised?

AppDirect has raised $248M across 7 rounds since 2011.

When did AppDirect last raise?

AppDirect's most recent round was a Series E of $140M in Oct 2015.

What was AppDirect's biggest round?

Its most recent round, $140M in Oct 2015, is also its largest on record.

Who backed AppDirect first?

AppDirect's first round on record, in Apr 2011, was backed by Inovia Capital and Stingray Digital.

What stage is AppDirect at?

AppDirect's latest named round is a Series E, in Oct 2015.

Where is AppDirect based?

AppDirect is based in the United States.

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