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Appfire Secures $49M in First Institutional Funding led by Silversmith Capital Partners

PRIVATEJun 09, 2020•almost 6 years ago

Amount Raised

$49 Million

Boston

Description

Appfire, a leading provider of apps for software development teams, announced today that it has received a $49M strategic investment from Silversmith Capital Partners, a Boston-based growth equity firm. Appfire’s portfolio of 60+ apps are used by thousands of enterprises to enhance collaboration tools like Atlassian’s Jira Software and Confluence. The investment marks the first time Appfire has raised outside capital, which will be used to expand the company’s cloud-based product offerings and support strategic acquisitions of complementary apps.

Company Information

Company

Appfire

Location

Boston, Massachusetts, United States

About

Appfire is an award-winning Atlassian Platinum Marketplace Partner and a global authority in the Atlassian ecosystem for more than 15 years. Appfire’s popular solutions help teams with Workflow and Automation, Business Intelligence (BI), Administrative Tools, Developer Tools, Product Portfolio Management, Agile, and Publishing. The company has the largest portfolio of apps on the Atlassian Marketplace with 180+ purpose-built products and 195,000 active installations worldwide. Learn more at www.appfire.com.

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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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 FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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