Apptentive, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Apptentive, Inc. - overview
Established
2011
Location
Seattle, WA, US
Primary Industry
Software
About
Apptentive, Inc. is a Seattle-based company that specializes in providing mobile app feedback solutions, enabling businesses to enhance customer engagement and improve product development through real-time feedback collection. Founded in 2011, Apptentive, Inc. is recognized for its innovative feedback solutions designed for mobile app product managers.
The company was acquired by Widgix, LLC, a portfolio company of KKR, in January 2023, marking a significant pivot in its business strategy. Co-founded by Robi Ganguly, who has a history of entrepreneurship, Apptentive is headquartered in Seattle, US, and has successfully raised a total of USD 1. 70 mn, with the latest funding being a Series A round led by Grayhawk Capital. Alchemer Mobile, previously known as Apptentive, provides advanced feedback solutions tailored for mobile app product managers.
Their offerings include the Alchemer Survey for comprehensive survey capabilities and Alchemer Workflow for streamlined processes. These solutions serve diverse sectors such as government, education, financial services, and more, enabling organizations across North America, Europe, and Asia to effectively close the feedback loop with customers and employees. Alchemer Mobile generates revenue through subscription-based models for its survey and workflow products. Clients engage in annual or monthly subscriptions, gaining access to various service tiers that include data analytics and integrations with platforms like Salesforce and Microsoft Teams.
This structured pricing approach caters to businesses of all sizes and ensures a consistent revenue stream as clients utilize Alchemer Mobile's products to enhance customer experience and operational efficiency. Following its acquisition in January 2023, Apptentive plans to leverage its advanced feedback solutions to help brands deepen their customer engagement strategies. The acquisition by Widgix, LLC aims to enhance their capability in closing feedback loops. The firm is expected to continue developing new products focused on improving feedback collection strategies, although specific launches have not been disclosed.
The recent funding will support these growth initiatives, allowing Apptentive to expand its market presence and enhance its service offerings.
Current Investors
Vulcan, SurveyMonkey Inc., Origin Ventures
Primary Industry
Software
Sub Industries
Customer Relationship Management, Application Integration Software
Website
www.apptentive.com
Verticals
Mobile Apps
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Apptentive, Inc. - 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, Trade Sale | Completed | Apptentive, Inc. | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.