Apollo.io, an integrated B2B sales intelligence and engagement platform, on Friday revealed that it has closed $110 million in a Series C round of funding.
Apollo.io stated it will augment its product-led growth, by raising its investment in product and engineering by nearly 300 percent to continue to build the best platform in its category. The company so far raised over $150 million.
“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,” said Tim Zheng, Co-founder and CEO, Apollo.io.
Apollo.io is the fastest growing sales intelligence and engagement platforms
“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,” Tim added.
Since announcing its Series B round of funding three months ago, Apollo.io says it has expanded its paid customer base by nearly 60 percent to over 15,000 paying customers. Its annual recurring revenue (ARR) has short nearly three times in the past 12 months, according to a release.
Apollo.io provides smart sales engagement features to help sales teams automate their workflows and outreach driving increased productivity.
The the US and Bengaluru-based startup funding was led by Sequoia Capital, along with existing investors Tribe Capital, Nexus Venture Partners, and NewView Capital.
