Apollo Series C Funding

March 3, 2022

Our $110 Million Series C (led by Sequoia Capital) and What’s Next

Written by Tim Zheng

Hello! The last time you heard from me was just three short months ago for our Series B in November of 2021. I’m back, with similar, but even more exciting news.

Today, I’m happy to announce that we have closed our $110 million Series C round, led by Sequoia Capital. Before I talk about the future of our business and our technology, I’d like to, first, share our history as a company and all the growth we have accomplished up until this moment.

Apollo.io Through the Years

Before I founded Apollo.io, I experienced how painstaking it is to prospect and reach out to customers. Existing ‘solutions’ were expensive, lacked integrations, and were difficult to use. Lead data lacked richness and was rarely accurate.

I needed a tool to help me access lead data and reach decision-makers. So, in 2015, I founded Apollo.io.

Over the years, my team and I have been hard at work. We expanded Apollo’s B2B database, built new tools on the platform, grew our team, and have onboarded thousands of new users.

Recent Momentum for Apollo

In the last 12 months, we have seen growth beyond anything we could have dreamed of.

  • Over a million users across 160,000 companies have signed up for Apollo in the last year.
  • G2 Crowd named Apollo the 3rd fastest-growing software for 2022.
  • Last quarter, we expanded our paying customer base by 60% from 9,000 to over 15,000.
  • Three months ago, we announced our Series B funding of $32M.

Series C led by Sequoia

Today, we are elated to announce that we have closed our $110 million Series C. This round is led by Sequoia Capital and joined by Tribe Capital, Nexus Venture Partners, and NewView Capital.

We raised this round to further improve our platform, accelerate our growth, and achieve our vision to make the go-to-market process effortless and quick for sales and marketing professionals.

What’s Next for Apollo.io

Our customers deserve the best and this funding will enable us to hire the very best people in the industry and continue to build and market our category-leading sales intelligence and engagement platform.

Here’s how we plan to deliver on our vision:

  • Hiring a world-class team: We are investing nearly 300% more in product and engineering and looking for the most talented people to join us.
  • Improving the product: We are honing our product to make it easier to use, faster to implement, and more intelligent out-of-the-box.
  • Develop new features: We are developing new tools to identify buyers with intent and book more meetings with them.

Thank you, customers!

We’re excited about this giant leap forward for Apollo, but also for our customers. Our customers have always been our number one priority. We are driven by seeing you succeed and hopefully our platform and the investments into better data and new features will get you there faster.

Thank you for being part of our success!

Let us help you build a world-class go-to-market strategy with the best sales intelligence tool to automate your sales process and 10X your revenue.


CEO of Apollo

Tim Zheng Tim Zheng

Tim is the Founder and CEO of Apollo.io