Nexus Capital Management Apollo Backs Apollo.io to Revolutionize Sales

Nexus Capital Management Apollo is backing a revolutionary sales platform. Apollo.io is the platform in question. It's designed to streamline sales processes and help businesses close deals faster.

This investment from Nexus Capital Management Apollo is a significant one, providing Apollo.io with the resources it needs to scale. Apollo.io's platform uses AI to analyze customer data and provide actionable insights to sales teams.

The partnership between Nexus Capital Management Apollo and Apollo.io is a strategic one, with both parties working together to drive growth and innovation. Apollo.io's platform is already being used by top companies, and this investment will help it reach an even wider audience.

Apollo.io has secured $100 million in a Series D funding exercise at a valuation of $1.6 billion, making it one of the first sales-tech unicorns minted this year.

The company has raised close to $250 million so far, with the latest funding nearly doubling its valuation since its last raise.

Apollo.io will deploy the fresh proceeds to expand its headcount and to continue building its go-to-market strategy.

The company has grown its revenue nine-fold over the last two years and serves over 3 million go-to-market professionals at over 500,000 companies.

Apollo.io is among the bunch of Nexus Venture's bets on startups based in the US having some Indian presence.

Nexus Venture Partners has also backed Zepto, a quick-commerce platform that became India's first unicorn in 2023.

Apollo.io's platform includes a B2B contact database with information on over 270 million B2B contacts.

The company's annual recurring revenue (ARR) has tripled in the past 12 months.

Apollo.io expanded its paid customer base by nearly 60% to more than 15,000 since the Series B funding round.

The company will use the fresh capital to ramp up its investment in product and engineering by around 300%.

Apollo.io's Series C funding comes just months after it raised $32 million in a Series B funding round led by Tribe Capital in November last year.

Apollo.io has raised $110 million in its Series C funding round, led by Sequoia Capital.

This funding brings the company's total raised to over $150 million so far.

Apollo.io's Series C funding is a significant increase from its Series B funding round, which raised $32 million in November last year.

The company has used its funding to expand its paid customer base by nearly 60% to over 15,000 paying customers.

Apollo.io's annual recurring revenue (ARR) has tripled in the past 12 months.