Anova Apps

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Anova Apps - overview

Location

San Mateo, CA, US

Primary Industry

Software

About

Based in California, Anova Apps specializes in developing innovative applications that enhance productivity and streamline workflows, primarily targeting users of Atlassian products. Anova Apps is dedicated to creating applications that improve the user experience for Atlassian tools. The company is headquartered in San Mateo, California, US. In May 2021, Anova Apps was acquired by Appfire Technologies, LLC, a portfolio company of Silversmith Capital Partners and TA Associates, to expand its product offerings.


The acquisition's financial terms were not disclosed. Anova Apps provides a range of applications designed to optimize the functionality of Atlassian products such as Jira and Confluence. Their key offerings include automation tools and integrations that support project management and software development processes, allowing users to customize workflows according to their needs. Anova Apps operates on a subscription-based revenue model, primarily engaging with B2B customers using Atlassian products.


Their pricing structure accommodates various tiers for their applications, enabling clients to choose options that fit their operational requirements. This subscription model helps maintain a steady revenue stream and fosters long-term client relationships. Following the acquisition on May 19, 2021, Anova Apps is set to leverage the resources of Appfire Technologies to enhance its workflow and automation product portfolio. The company is planning to develop new applications to further cater to the needs of its users and expand its presence in additional geographic markets, with a focus on increasing its reach in North America and Europe.


The recent funding will be utilized to support these initiatives, ensuring that Anova Apps continues to innovate and grow within the evolving landscape of software development.


Current Investors

Appfire Technologies, LLC

Primary Industry

Software

Sub Industries

Systems Management Software, Application Integration Software, Information Services

Website

www.anovaapps.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Anova Apps - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAnova Apps-

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