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

3.5More
TypeSubsidiary
Parent CompanyVista Equity Partners
HQBellevue, US
Founded2007
Websiteapptio.com
Apptio was founded in 2007 and is headquartered in Bellevue, US

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Apptio

Sunny Gupta

Sunny Gupta

Co-Founder and CEO
Kurt Shintaffer

Kurt Shintaffer

Co-Founder and CFO
Paul Mclachlan

Paul Mclachlan

Co-Founder and CTO
Anton van Deth

Anton van Deth

CMO
Scott Chancellor

Scott Chancellor

Chief Product & Technology Officer
Larry Blasko

Larry Blasko

Chief Revenue Officer
Show more

Apptio Office Locations

Apptio has offices in Bellevue, Boulder, Morrisville, New York and in 15 other locations
Bellevue, US (HQ)
11100 NE 8th St #600
Boulder, US
1050 Walnut St #500
Morrisville, US
3005 Carrington Mill Blvd #500
New York, US
54 W 40th St
Oakbrook Terrace, US
18W140 Butterfield Rd
Portland, US
334 NW 11th Ave
Show all (20)

Apptio Financials and Metrics

Summary Metrics

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

Apptio Revenue

Embed Graph
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
Show all financial metrics

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
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

Embed Graph

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

Apptio Online and Social Media Presence

Embed Graph

Apptio News and Updates

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...

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 ...
Show more

Apptio Blogs

Apptio CEO Sunny Gupta Highlights Digital Business Transformation, Cloud Computing and Business Agility at TBM Conference 2018

Apptio CEO Sunny Gupta Highlights Digital Business Transformation, Cloud Computing and Business Agility at TBM Conference 2018 Content Import Tue, 10/23/2018 - 09:05 Apptio CEO Sunny Gupta Highlights Digital Business Transformation, Cloud Computing and Business Agility at TBM Conference 20…

Apptio, Inc. Acquires Machine Learning Cloud Optimization Company FittedCloud

Apptio, Inc. Acquires Machine Learning Cloud Optimization Company FittedCloud Content Import Wed, 10/03/2018 - 09:04 Apptio, Inc. Acquires Machine Learning Cloud Optimization Company FittedCloud 10/03/18 This release is a backfill from a News Wire …

IT Financial Management Foundation Guided Tour

Test Grid Pattern Let's test our X/Y coordinations. Next Here goes nothing! 25.00% 25.00% left Access Everything in One Place Stop getting mired in multiple workbooks & s…

Apptio, Inc. at the Oppenheimer 21st Annual Technology, Internet & Communications Conference

Apptio, Inc. at the Oppenheimer 21st Annual Technology, Internet & Communications Conference ma.celeste.loy… Fri, 08/03/2018 - 16:30 Apptio, Inc. at the Oppenheimer 21st Annual Technology, Internet & Communications Conference Display "add to calendar" true …

Cisco's Former CIO & SVP Of Operations Rebecca Jacoby Joins Apptio Board Of Directors

An Early Advisor and Customer, Jacoby Brings Experience and Vision to Apptio as it Drives Global Adoption of Technology Business Management BELLEVUE, Wash. , July 30, 2018 /PRNewswire/ --  Apptio, Inc. (NASDAQ: APTI), the business management system of record for hybrid IT, today announced the
Show more

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 Telegraph Hill Program Initiatives, Birst and Engineering Ingegneria Informatica.

  • 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 15 other locations.

  • How many offices does Apptio have?

    Apptio has 20 offices.