Apollo.io, a leading go-to-market (GTM) solution for sales and marketing teams, has raised $100 million in Series D funding at a valuation of $1.6 billion. The round was led by Bain Capital Ventures, with participation from existing investors Sequoia Capital, Tribe Capital, and Nexus Venture Partners.
Apollo.io provides sales and marketing teams with a single platform to manage their contact data, identify and qualify leads, and track their progress through the sales funnel. The platform also offers a variety of features to help teams automate their workflows and optimize their GTM efforts.
The company has grown rapidly in recent years, and the latest funding round will be used to accelerate its growth and expansion. Apollo.io plans to hire more employees, invest in product development, and expand its global reach.
Here are some of the key takeaways from the news:
- Apollo.io has raised $100 million in Series D funding at a valuation of $1.6 billion.
- The round was led by Bain Capital Ventures, with participation from existing investors Sequoia Capital, Tribe Capital, and Nexus Venture Partners.
- The funding will be used to accelerate Apollo.io’s growth and expansion.
- Apollo.io plans to hire more employees, invest in product development, and expand its global reach.
Here are some of the implications of the news:
- The funding is a sign of the growing demand for GTM solutions.
- Apollo.io is well-positioned to capitalize on this demand, as it offers a comprehensive platform that addresses the needs of sales and marketing teams.
- The funding will help Apollo.io to become a leading player in the GTM market.
- The company’s growth is also a positive sign for the Indian startup ecosystem.
