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

3.7More
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

Chief Marketing Officer
Larry Blasko

Larry Blasko

Chief Revenue Officer
Missy Waggoner

Missy Waggoner

Chief People 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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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
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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

82/100

SecurityScorecard logo

Apptio Online and Social Media Presence

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Apptio Company Culture

  • Overall Culture

    D+

    63/100

  • CEO Rating

    B+

    73/100

  • Compensation

    C

    65/100

  • Diversity

    B-

    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

Confidently Run Kubernetes on Public Cloud With Unit Economics

Given operational benefits around agility and resource efficiency, it’s no surprise that Kubernetes (K8s) deployments are steadily growing as a percentage of public cloud spend. This shift requires organizations to extend their FinOps capabilities so that financial accountability can be brought to t…

Making Smarter IT Decisions With Apptio Plus ServiceNow

We are excited to announce deeper integration with ServiceNow to combine their industry-leading operational data with Apptio’s best-in-class financial modeling. This solution, now certified on the ServiceNow Store, creates a near-real time cost structure to help customers make trusted technology inv…

Bridging the Trust Gap in Measuring Business Value

Harvard Business Review Analytic Services (HBR-AS) recently released a webinar and pulse survey titled The Transparency Imperative: How Visibility Into Technology Spending Drives Business Value. Mark Schwartz, enterprise strategist at AWS; and RJ Hazra, Senior VP and CFO of Equifax Global Security a…

Eliminate Currency Complexity in a Multi-Cloud World With Apptio Cloudability

Cloudability brings financial accountability to your cloud costs through providing single-pane-of-glass visibility across the major clouds. The new Multi Currency Service makes it easy to normalize your cloud costs to your preferred currency, thereby removing complexity and confusion that can result…

Apptio Makes Strategic Investment in Poland With Launch of New Product Innovation Center To Attract the Best Tech Talent

This past year has been a big one for Apptio, as we continued to deliver on our commitment to helping organizations innovate to compete by making informed decisions faster. Our award-winning cloud-based solutions give teams the power of trusted, actionable insights to connect technology investment d…

Reduce Costs by Taking Advantage of Amazon’s gp3 EBS Volumes With Cloudability Rightsizing

There are a number of unique characteristics of Amazon’s EBS volumes that mean large actionable savings are typically available with the right insights. The launch of the gp3 volume type in late 2020 further increased the opportunity for cost savings, particularly for workloads requiring higher perf…
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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 1,200 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 $157.1 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.