Appiphony, LLC
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Appiphony, LLC - overview
Location
Chicago, IL-Illinois, US
Primary Industry
Software
About
Appiphony, LLC develops Salesforce applications that enhance integration and functionality within the Salesforce ecosystem, offering solutions tailored for improved user experience and streamlined workflows. Founded by George Kenessey, Appiphony, LLC operates in Chicago, US, specializing in Salesforce application development. The company experienced a funding round in July 2017 led by Salesforce Ventures, focusing on enhancing its product offerings. Appiphony does not have any known subsidiaries or parent companies.
Appiphony specializes in developing user-friendly Salesforce applications designed to enhance integration and functionality within the Salesforce ecosystem. Their core product offerings include Share Connect, which integrates Microsoft SharePoint with Salesforce; Drive Connect, facilitating integration with Google Drive; Merge Connect, which focuses on document generation for Salesforce; and eSign Connect, enabling Docusign integration. These products aim to streamline workflows and improve the user experience by simplifying the management of files and documents within Salesforce. Appiphony serves a diverse client base, including Salesforce partners and various businesses looking to enhance their Salesforce capabilities.
The company markets its products primarily in North America and Europe, where Salesforce has a robust presence and demand for integrated solutions continues to grow. Appiphony generates revenue through the sale of its Salesforce applications, utilizing a subscription-based pricing model for its products. Clients engage with the company directly to purchase licenses for Share Connect, Drive Connect, Merge Connect, and eSign Connect, with set pricing plans based on the number of users and level of service required. The company also offers tiered maintenance packages, including Tier 3 support for its Salesforce AppExchange applications, which ensure ongoing assistance and updates.
By establishing partnerships and fulfilling direct sales agreements, Appiphony effectively captures revenue from both B2B transactions and collaborations with Salesforce partners, thereby fostering a sustainable business model within its niche. In light of its recent funding round in July 2017, Appiphony plans to enhance its product suite with upcoming releases designed to improve Salesforce integrations. The company is targeting expansion into new markets, specifically in Europe and Asia, by the end of 2024. The funding received will support product development and market entry strategies to meet the growing demand for integrated solutions in these regions.
Current Investors
Salesforce Ventures
Primary Industry
Software
Sub Industries
Software
Website
www.appiphony.com
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Appiphony, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Appiphony, LLC | - |
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Appiphony, LLC - employee data


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