Apttus Raises $55 Million Series E Funding Round

Apttus today announced it has raised a $55 Million in Series E funding. Premji Invest led the round, with participation from existing investors Salesforce, K1, and Iconiq.

Founded in 2006, Apttus is one of the industry’s leading business technology platforms. Max, Apttus’ artificial intelligence agent, uses a conversational interface to simplify enterprise applications, including quote-to-cash and CRM, and can be extended to any business application. Powered by machine learning, Max becomes the first applied artificial intelligence for quote-to-cash and contract management solutions available today.

“Premji Invest is always highly selective in its investments, working with the strongest management teams and the most promising companies,” said Sandesh Patnam, partner and lead investor in the U.S. for Premji Invest. “In Apttus, we have found a team and market opportunity that fits that description perfectly, and we look forward to working with them to help realize the full potential of the platform.”