Appdirect Secures Additional Usd 100 Million Investment From Cdpq For Appdirect Capital Program
01/09/24, 2:20 PM
Location
san franciscoMoney raised
$100 million
Industry
information technology
Investors
App Direct Capital Invest, Cdpq
AppDirect, the leading B2B subscription commerce platform in North America, today announced it has secured USD 100 million [approximately CAD 136 million]1 in funding from global investment group CDPQ. This new investment will support innovative financing options for technology advisors through the AppDirect Capital Invest program, allowing them to access flexible capital to transform and scale their business. Building upon the initial USD 80 million financing from CDPQ in 2021, this new investment increases the total program funding to USD 180 million.
Company Info
Location
san francisco, california, united states
Additional Info
AppDirect is a San Francisco-based B2B subscription commerce platform company that brings together technology providers, advisors and businesses to simplify how they buy, sell and manage technology. More than 1,000 providers, 10,000 advisors and 5 million subscribers rely on the AppDirect ecosystem of subscription marketplaces to power their innovation, growth and success.