Apptio builds advanced data and analytics applications for technology business management that help all IT leaders make informed decisions about technology investments, capitalize on cloud transformation and drive innovation within their organizations. The Company creates transparency of users' costs by translating them into the infrastructure technologies, applications, and services, and by connecting those costs with the business units they support. Its purpose-built applications help companies align technology spend to business outcomes and automate IT processes like cost transparency, benchmarking, showback and chargeback, operational efficiency, and planning.

TypeSubsidiary
Parent CompanyVista Equity Partners
HQBellevue, US
Founded2007
Websiteapptio.com
Apptio was founded in 2007 and is headquartered in Bellevue, US
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Key People/Management at Apptio

Sunny Gupta

Sunny Gupta

Co-Founder and CEO
Kurt Shintaffer

Kurt Shintaffer

CFO
Paul Mclachlan

Paul Mclachlan

Co-Founder and CTO
Chris Pick

Chris Pick

CMO
Larry Blasko

Larry Blasko

Chief Revenue Officer
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Apptio Office Locations

Apptio has offices in Bellevue, Melbourne, Sydney, Bingen am Rhein and in 12 other locations
Bellevue, (HQ)
600 11100 NE 8th St
Louisville,
363 Centennial Pkwy
Morrisville,
500 3005 Carrington Mill Blvd
New York,
54 W 40th St
Oakbrook Terrace,
18W140 Butterfield Road One Lincoln Center 15th Floor
Rockville,
500 11810 Grand Park Avenue
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Apptio Financials and Metrics

Summary Metrics

In total, Apptio had raised $261 m. Apptio is a subsidiary of Vista Equity Partners

Apptio Revenue

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Apptio's revenue was reported to be $188.52 m in FY, 2017
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

106.6m129.3m160.6m188.5m

Revenue growth, %

21%24%

Cost of goods sold

40.4m49.2m54.2m58.6m

Gross profit

66.2m80.1m106.4m130.0m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

36.8m38.8m40.6m43.9m45.2m47.0m54.1m113.1m

Cost of goods sold

12.6m13.2m14.0m15.4m14.5m13.9m17.4m36.6m

Gross profit

24.2m25.6m26.6m28.5m30.7m33.1m36.7m76.5m

Gross profit Margin, %

66%66%66%65%68%70%68%68%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

17.3m42.0m55.1m

Accounts Receivable

52.9m58.6m

Prepaid Expenses

4.0m5.4m

Current Assets

80.4m142.8m222.8m
Quarterly
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

111.7m37.9m39.8m29.3m190.1m175.0m

Accounts Receivable

42.6m38.6m50.8m46.1m

Prepaid Expenses

5.2m5.6m5.8m5.5m

Current Assets

170.4m155.4m180.6m187.2m321.2m327.0m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(32.9m)(41.0m)(31.6m)(25.6m)

Depreciation and Amortization

5.2m6.5m6.0m6.1m

Accounts Payable

1.4m666.0k278.0k2.2m

Cash From Operating Activities

(18.0m)(10.6m)(4.0m)9.4m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(5.9m)(14.9m)(23.6m)(6.5m)(13.6m)(18.7m)(8.1m)(13.4m)

Depreciation and Amortization

1.5m3.0m4.5m1.5m3.1m4.7m1.4m2.7m

Accounts Payable

445.0k1.5m1.6m1.8m1.0m635.0k2.3m839.0k

Cash From Operating Activities

10.0m(1.4m)(2.2m)11.9m1.7m10.9m9.8m8.1m
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Apptio Operating Metrics

FY, 2014FY, 2015Jun, 2016FY, 2016

Backlog

$48.80 m$79.80 m$78.10 m

Customers

360

Patents (US)

6 8

Patents Pending

15 24
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Apptio Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Apptio Europe Limited
Apptio France SAS
Apptio GmbH
Apptio NL B.V.
Apptio Nordic ApS
Apptio Pty Ltd.
Apptio Singapore PTE. LTD.
Apptio Technology Canada Ltd.
Technology Business Management Council Ltd.

Apptio Revenue Breakdown

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Apptio revenue breakdown by business segment: 19.0% from Professional Services and 81.0% from Subscription

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Apptio Online and Social Media Presence

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Apptio News and Updates

Apptio Achieves New Amazon Web Services Cloud Management Tools Competency Status

BELLEVUE, Wash., Nov. 16, 2018 /PRNewswire/ -- Apptio, Inc. (NASDAQ: APTI), the business system of record for hybrid IT, today announced it has obtained Amazon Web Services (AWS) Cloud Management Tools Competency Status. This recognizes Apptio as an AWS Partner Network (APN) member which...

APPTIO INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Apptio, Inc. - APTI

NEW ORLEANS, Nov. 13, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Apptio, Inc. ("Apptio") (NasdaqGM: APTI) to an affiliate of Vista Equity Partners. Under the ...

Vista snaps up Apptio for $1.94B, as enterprise companies remain hot

It seems that Sunday has become a popular day to announce large deals involving enterprise companies. IBM announced the $34 billion Red Hat deal two weeks ago. SAP announced its intent to buy Qualtrics for $8 billion last night, and Vista Equity Partners got into the act too, announcing a deal to bu…

Apptio (APTI) Alert: Johnson Fistel Investigates Proposed Sale of Apptio, Inc. to Vista Equity Partners; Are Shareholders Getting a Fair Deal?

SAN DIEGO, Nov. 12, 2018 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Apptio, Inc. (NASDAQ: APTI) ("Apptio") breached their fiduciary duties in connection with the proposed sale of the Company Vista Equity...

Apptio to go private in $1.94 billion with Vista Equity Partners

Software company Apptio Inc said on Sunday it agreed to be bought by private equity firm Vista Equity Partners for $1.94 billion in cash, two years after going public.

Apptio to go private in $1.94 billion deal with Vista Equity Partners

(Reuters) - Software company Apptio Inc said on Sunday it agreed to be bought by private equity firm Vista Equity Partners for $1.94 billion in cash, two years after going public.
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Apptio Blogs

CEO Sunny Gupta on Apptio's agreement with Vista Equity Partners

Apptio CEO Sunny Gupta shares his thoughts on the company's agreement to be acquired by Vista Equity Partners for $1.94 billion.

Apptio Enters into Definitive Agreement to be Acquired by Vista Equity Partners for $1.94 Billion

Vista Equity Partners to acquire all outstanding Apptio common stock for $38.00 per share BELLEVUE, Wash. , Nov. 11, 2018 /PRNewswire/ --  Apptio, Inc . (NASDAQ: APTI), the business management system of record for hybrid IT, today announced that it has entered into a definitive agreement to be

With Apptio, IT Leaders Can Now Quantify The Business Value Of Agile

New Application "Apptio Agile Insights" combines Financial and Work Execution Analytics to Optimize Labor Investments and Improve Team Productivity LAS VEGAS , Nov. 7, 2018 /PRNewswire/ --  Apptio , Inc. (NASDAQ: APTI), the business management system of record for Hybrid IT, today introduced a new

TBMC18 keynotes: Here’s what you missed

Day two of the 2018 Technology Business Management Conference was highlighted by executive-lead keynotes from Great-West Life, State Farm, and Sysco. For those of you who couldn't make it this year: here's what you missed.

Roll out the red carpet: Here are the 2018 TBM Award winnerswdxefcqufszuzezftuxetqsqxt

On the first night of the 2018 TBM Conference, eight companies earned honors for their respective achievements using TBM. Congratulations to the winners of the 2018 TBM Awards!

Apptio, Inc. Partners With Coupa To Help Reduce Billions In Shadow IT

Apptio, Inc. Partners With Coupa To Help Reduce Billions In Shadow IT Content Import Thu, 10/25/2018 - 09:05 Apptio, Inc. Partners With Coupa To Help Reduce Billions In Shadow IT 10/25/18 This release is a backfill from a News Wire General …
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Apptio Company Life and Culture

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Apptio Frequently Asked Questions

  • When was Apptio founded?

    Apptio was founded in 2007.

  • Who are Apptio key executives?

    Apptio's key executives are Sunny Gupta, Kurt Shintaffer and Paul Mclachlan.

  • What is Apptio revenue?

    Latest Apptio annual revenue is $188.5 m.

  • Who are Apptio competitors?

    Competitors of Apptio include Birst, Telegraph Hill Program Initiatives and Total Resource Management.

  • Where is Apptio headquarters?

    Apptio headquarters is located at 600 11100 NE 8th St, Bellevue.

  • Where are Apptio offices?

    Apptio has offices in Bellevue, Melbourne, Sydney, Bingen am Rhein and in 12 other locations.

  • How many offices does Apptio have?

    Apptio has 16 offices.