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Appdirect Secures Additional Usd 100 Million Investment From Cdpq For Appdirect Capital Program

PRIVATEJan 09, 2024

Amount Raised

$100 Million

Round Type

Venture

San FranciscoInformation TechnologyE CommerceMarketplaceConsultingInternet

Investors

App Direct Capital InvestCdpq

Description

AppDirect, the leading B2B subscription commerce platform in North America, today announced it has secured USD 100 million [approximately CAD 136 million]1 in funding from global investment group CDPQ. This new investment will support innovative financing options for technology advisors through the AppDirect Capital Invest program, allowing them to access flexible capital to transform and scale their business. Building upon the initial USD 80 million financing from CDPQ in 2021, this new investment increases the total program funding to USD 180 million.

Quick answer

Appdirect raised $100 Million in a funding round, dated January 9, 2024. Investors: App Direct Capital Invest and Cdpq. Appdirect is based in San Francisco, California, United States.

How much did Appdirect raise?
Appdirect raised $100 Million in a funding round on January 9, 2024.
Who invested in Appdirect?
App Direct Capital Invest and Cdpq are named as investors in this round.
What does Appdirect do?
AppDirect offers a subscription commerce platform that removes the complexity of building a recurring business model.
Where is Appdirect based and how big is it?
Appdirect is based in San Francisco, California, United States. Fundz records about 1,200 employees.
Who are the decision-makers at Appdirect?
Fundz holds 3 contacts at Appdirect, including the Senior Director, Global Talent Acquisition - Montreal Site Lead. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Marketplace around the same time

Companies in the same sectors as Appdirect that raised within 45 days of this round, from Fundz verified event records.

  • Connectbase raised $4.5M (Series C) on February 9, 2024.
  • Munch raised an undisclosed amount (Series A) on December 19, 2023.
  • Payemoji raised an undisclosed amount (Funding Round) on December 5, 2023.
  • Sparqle raised $1.3M (Seed) on February 23, 2024.
  • Buildstock raised $1.6M (Seed) on February 22, 2024.
  • Rimkus raised an undisclosed amount on February 22, 2024.

Who to call at Appdirect, and when

A new round usually means Appdirect is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Appdirect raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Appdirect, from your own LinkedIn network

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Company Information

Company

Appdirect

Location

600 Montgomery Street 37th Floor

San Francisco, California, United States

About

AppDirect offers a subscription commerce platform that removes the complexity of building a recurring business model. Sell any product, through any channel, on any device—as a service. Our platform opens up endless opportunities for commerce innovation, giving businesses the freedom to grow. AppDirect also powers AppSmart, a B2B technology marketplace and ecosystem connecting technology buyers with expert advisors to make it easier to sell, buy and manage telecommunications, cloud and business services. Headquartered in San Francisco, AppDirect is trusted by brands such as Microsoft, Google, Deutsche Telekom, Jaguar Land Rover, ADP, and many more.

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Related People

3 contacts
Verified contactsJulien-Pier B., Senior Director, Global Talent Acquisit… hiddenSee plans and pricing
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Appdirect raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.