# AppLovin funding: rounds and investors

> AppLovin has raised $3.5B across 4 rounds since 2012. Investors include Streamlined Ventures and Webb Investment Network. Every round with its source.

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

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

# Who invested in *AppLovin*

4 rounds we have observed, with the 2 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.

Advertising & Adtech

Funding summary Updated 26 Oct 2026

**$3.5B** raised across 4 rounds since 2012, from 4 sources

**$20K** Round **$4.0M** Seed **$3.5B** Debt

- **Latest round:** Debt, $3.5B Nov 2024
- **Step-up i:** 875×
- **Investors:** 2

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.

2014 2016 2018 2020 2022 2024

**?** Seed

**$20K** Round

**$4.0M** Seed

**$3.5B** Debt

- **First round:** Seed
- **Biggest round:** $3.5B
- **Usual gap between rounds:** 11 months

## The rounds

- **Nov 2024** Debt **$3.5B** *1 returning* [Streamlined Ventures](https://millionrounds.com/fund/streamlined-ventures) Source recorded
- **Jul 2014** Seed **$4.0M** *1 returning* [Webb Investment Network](https://millionrounds.com/fund/webb-investment-network) From a historical funding record
- **Nov 2013** Round **$20K** *1 new* [Streamlined Ventures](https://millionrounds.com/fund/streamlined-ventures) From a historical funding record
- **Dec 2012** Seed **Amount undisclosed** *1 new* [Webb Investment Network](https://millionrounds.com/fund/webb-investment-network) Reported by winfunding.com

## Founders and team

From the SEC filings it signed: 5 on the team.

- **Adam Foroughi** Executive Officer, Director i
- **Basil Shikin** Executive Officer i
- **Herald Chen** Executive Officer, Director i
- **Katie Jansen** Executive Officer i
- **Victoria Valenzuela** Executive Officer i

On the board, as filed i *Alyssa Harvey Dawson* *Asha Sharma* *Craig Billings* *Eduardo Vivas* *Edward Oberwager* *Margaret Georgiadis*

## 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.

**Seed** 2012 **Round** 2013 **Seed** 2014 **Debt** 2024 [Streamlined Ventures](https://millionrounds.com/fund/streamlined-ventures) [Webb Investment Network](https://millionrounds.com/fund/webb-investment-network)

## Everyone who backed them

[Streamlined Ventures](https://millionrounds.com/fund/streamlined-ventures) VC firm **2** rounds

[Webb Investment Network](https://millionrounds.com/fund/webb-investment-network) Family office **2** rounds

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

## Also claim to have backed them

These 3 firms list AppLovin 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.

[Flex Capital](https://millionrounds.com/fund/flex-capital) VC firm Per its own site

[Dnipro VC](https://millionrounds.com/fund/dnipro-vc) VC firm Per its own site

[Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site

## Quick answers about AppLovin

### Who invested in AppLovin?

AppLovin's investors include Streamlined Ventures and Webb Investment Network.

### How much has AppLovin raised?

AppLovin has raised $3.5B across 4 rounds since 2012. One round did not disclose an amount, so the total is a floor.

### When did AppLovin last raise?

AppLovin's most recent round was a Debt of $3.5B in Nov 2024.

### What was AppLovin's biggest round?

Its most recent round, $3.5B in Nov 2024, is also its largest on record.

### Who backed AppLovin first?

AppLovin's first round on record, in Dec 2012, was backed by Webb Investment Network.

### What stage is AppLovin at?

AppLovin's latest named round is a Debt, in Nov 2024.

### Where is AppLovin based?

AppLovin is based in the United States.

## Companies like AppLovin

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

[**Kevel** $75M · Oct 2026](https://millionrounds.com/company/kevel)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**Pipedrive** $90M · Sept 2026](https://millionrounds.com/company/pipedrive)[**7Pi** $125K · Sept 2026](https://millionrounds.com/company/7pi)[**Zeely** $8.8M · Sept 2026](https://millionrounds.com/company/zeely)

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