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.

Employee Rating

3.9More
TypeSubsidiary
Parent CompanyVista Equity Partners
HQBellevue, WA, US
Founded2007
Websiteapptio.com
Cybersecurity ratingBMore
Apptio was founded in 2007 and is headquartered in Bellevue, WA, US

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Key People/Management at Apptio

Sunny Gupta

Sunny Gupta

Co-Founder and CEO
Kurt Shintaffer

Kurt Shintaffer

Co-Founder and CFO
Scott Chancellor

Scott Chancellor

Chief Product & Technology Officer
Allison Breeding

Allison Breeding

EVP, Marketing
Larry Blasko

Larry Blasko

Chief Revenue Officer
Kevin Meeks

Kevin Meeks

Chief Customer Officer
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Apptio Office Locations

Apptio has offices in Bellevue, Boulder, Morrisville, New York and in 11 other locations
Bellevue, WA, US (HQ)
11100 NE 8th St #600
Boulder, CO, US
1050 Walnut St #500
Morrisville, NC, US
3005 Carrington Mill Blvd #500
New York, NY, US
54 W 40th St
Oakbrook Terrace, IL, US
18W140 Butterfield Rd
Washington, DC, US
1050 Connecticut Ave NW #500
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Apptio Financials and Metrics

Summary Metrics

Founding Date

2007

Total Funding

$261 m

Investors

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

Apptio Revenue

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View revenue for all periods
Apptio's revenue was reported to be $188.52 m in FY, 2017 which is a 17.4% increase from the previous period.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

106.6m129.3m160.6m188.5m

Revenue growth, %

21%24%17%

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, 2018Q3, 2018

Revenue

36.8m38.8m40.6m43.9m45.2m47.0m54.1m113.1m59.2m

Cost of goods sold

12.6m13.2m14.0m15.4m14.5m13.9m17.4m36.6m18.1m

Gross profit

24.2m25.6m26.6m28.5m30.7m33.1m36.7m76.5m41.2m

Gross profit Margin, %

66%66%66%65%68%70%68%68%69%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

17.3m42.0m55.1m

Accounts Receivable

52.9m58.6m68.8m

Prepaid Expenses

4.0m5.4m5.1m

Current Assets

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

Cash

111.7m37.9m39.8m29.3m190.1m175.0m177.7m

Accounts Receivable

42.6m38.6m50.8m46.1m56.0m59.1m66.5m

Prepaid Expenses

5.2m5.6m5.8m5.5m4.8m4.8m5.1m

Current Assets

170.4m155.4m180.6m187.2m321.2m327.0m341.0m
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, 2018Q3, 2018

Net Income

(5.9m)(14.9m)(23.6m)(6.5m)(13.6m)(18.7m)(8.1m)(13.4m)(18.0m)

Depreciation and Amortization

1.5m3.0m4.5m1.5m3.1m4.7m2.0m4.2m6.4m

Accounts Payable

445.0k1.5m1.6m1.8m1.0m635.0k2.3m839.0k1.1m

Cash From Operating Activities

10.0m(1.4m)(2.2m)11.9m1.7m10.9m9.8m8.1m7.8m
USDFY, 2014

Revenue/Employee

211.5k
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Apptio Operating Metrics

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

Backlog

$48.8 m$79.8 m$78.1 m

Customers

360

Patents (US)

68

Patents Pending

1524
Show all operating metrics

Apptio Acquisitions / Subsidiaries

Company NameDateDeal 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: 81.0% from Subscription and 19.0% from Professional Services

Apptio Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Apptio Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

30-39

out of 100

CSRHub logo

Apptio Online and Social Media Presence

Embed Graph

Apptio Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    C+

    69/100

  • Compensation

    C

    63/100

  • Diversity

    C+

    70/100

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Apptio News and Updates

Apptio acquires Targetprocess to help enterprises plan IT investments

Information technology cost optimization specialist Apptio Inc. today announced that it has acquired Targetprocess, the maker of a software platform that helps companies plan and carry out business investments using agile methodology. The deal’s financial terms were not disclosed. Agile methodology…

Apptio helps keep cloud costs under control

Cloud spend costs are spiraling as workers go remote and customers demand online and up-to-date functionality. But treating cloud costs as an unknown that “just happens” as usage spins up and down is a recipe for financial disaster. “You can plan for your cloud spend. You can look at the demand for…

Apptio, Inc. Completes Acquisition of Cloudability

BELLEVUE, Wash., May 31, 2019 /PRNewswire/ -- Apptio, Inc., software that fuels digital transformation, today announced that it has completed the acquisition of Cloudability, Inc., the market leader in multi-cloud financial management. The transaction was originally announced on May 16,...

Apptio buys Cloudability as cloud cost-management market heats up

Apptio Inc., which makes software that helps companies get a tighter grip on their information technology expenses, has signed a deal to acquire Cloudability Inc., an eight-year-old startup that specializes in tracking costs across multiple clouds. Terms weren’t announced, but Apptio said the acqui…

Vista Equity Partners Completes Acquisition of Apptio

BELLEVUE, Wash., Jan. 10, 2019 /PRNewswire/ -- Apptio, Inc., software that fuels the digital transformation, today announced that it has been acquired by Vista Equity Partners ("Vista"), a leading investment firm focused on software, data and technology-enabled businesses. The $1.94...

Lifshitz & Miller LLP Announces Investigation of Apptio, Inc., Black Box Corporation, CURO Group Holdings Corp., Finisar Corporation, Gaming Partners International Corporation, Resolute Energy Corporation, Tesaro, Inc., and Tribune Media Company

NEW YORK, Dec. 28, 2018 /PRNewswire/ -- Apptio, Inc. (APTI) Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the sale of Apptio to Vista Equity Partners for $38.00 per share. If you are an Apptio investor, and would like additional...
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Apptio Blogs

Apptio Cloudability welcomes a fresh, fully integrated user experience

Apptio is dedicated to helping our customers make trusted technology investment decisions that deliver business outcomes. Public cloud consumption is an increasingly crucial part of this equation, so we are excited to announce product enhancements that facilitate seamless access to cloud financial d…

Turning information into insights with Apptio Self-Service Reporting

No one ever complains about not having enough data. The challenge is always how to organize and view it in a way that matters to you and helps you make better business decisions faster. Since releasing our Self-Service Reporting (SSR) capabilities a year ago, we have been extremely busy continuing t…

Gartner names Apptio Targetprocess a 2021 Leader in their Magic Quadrant for Enterprise Agile Planning Tools!

Companies are finding a competitive advantage by making a shift from traditional waterfall delivery practices to a more modern, agile approach. Agile is not only a methodology, it’s also a state of mind. To make the most of this opportunity, teams are shifting from project to product development. Th…

Refine Your Identity and Access Management to Bring Cloud Stakeholders Together

Collaboration is Crucial for Driving FinOps Outcomes In most organizations, there are three key stakeholder groups who have an important role to play in delivering an effective cloud financial management, commonly known as FinOps, practice. Each of the groups – Finance, DevOps/Engineering, and the B…

The Apptio Story

It’s fair to say we can all think of people in our lives that we would describe as ‘great storytellers’. We envy, appreciate, and acknowledge the charisma, creativity, and energy it takes to relive moments in time as if they were happening in the present. Telling the story of a brand or company is n…

Better TBM Modeling and Reporting with Workday Integration

“All wealth is the product of labor.” – John Locke The best technology leaders I work with are laser-focused on creating the most business value from their resources. The list of potential places to spend the next dollar or direct the employee’s next hour of effort is never-ending. Having a discipli…
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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 Scott Chancellor.

  • How many employees does Apptio have?

    Apptio has 1,108 employees.

  • What is Apptio revenue?

    Latest Apptio annual revenue is $188.5 m.

  • What is Apptio revenue per employee?

    Latest Apptio revenue per employee is $170.1 k.

  • Who are Apptio competitors?

    Competitors of Apptio include SUSE, Engineering Group and Telegraph Hill Program Initiatives.

  • Where is Apptio headquarters?

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

  • Where are Apptio offices?

    Apptio has offices in Bellevue, Boulder, Morrisville, New York and in 11 other locations.

  • How many offices does Apptio have?

    Apptio has 15 offices.