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 Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Anova Apps | - |
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