Categories: Funding

appRenaissance Inks $1.5M Seed Round

AppRenaissance ( Apprenticeship Com, a leading provider of mobile applications and infrastructure, today announced that it has raised $1. 5mm seed investment round led by FirstMark Capital and including investment by appRenaissance CEO Bob Moul and other Philadelphia angel investors The round will be used to make a number of key hires and accelerate the development of the company’s patent-pending mobile middleware platform, Unifeed.

“Backing a successful repeat entrepreneur like Bob is an easy decision,” said Amish Jani, Managing Director of FirstMark Capital. “Mobile computing is the next major wave of technology innovation, and we look forward to working with Bob and founder Scott Wasserman to build a key player in mobile apps and infrastructure space. “That’s right.

“It’s great to be working with Amish and the guys from FirstMark Capital again, as they were a key factor in our success with Boomi,” said Moul. “Mobile space is massive, it’s still early and it’s ready for innovation. And Philadelphia is the perfect home to the venture, given its vast mobile talent and thoughtful leadership in the region. “That’s right.

AppRenaissance was founded in 2010, hired its first employees in May last year and is on track to reach $1mm in revenue in its first full year of operation. Early customers include TicketFly, BizEquity, AllFanz, Radian, Interact Geosocial Startup, and Pennsylvania Surplus Lines Association, a high-risk insurer. The Renaissance team consists of veteran team members who have worked for major brands such as Coke, Pepsi, Kodak, Oracle, Sony, Maytag, Wawa, Campbell’s Soup, Barclays and Chase.

About the Renaissance app:

Located in the heart of Old City Philadelphia, appRenaissance is a developer of inspired, handmade mobile applications and an inventor of ingenious mobile application tools and infrastructure. Our products include the revolutionary UnifeedTM Mobile MiddlewareTM platform, which dramatically speeds up mobile application development time, simplifies integration with enterprise services, and reduces ongoing maintenance costs. Our clients come from industries as diverse as music and entertainment to retail and mortgage insurance.

Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/appRenaissance/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co

Arpit Jain

Based in Japan and India. Has led to 1 successful fundraise in Japan. Been working the space of Venture Capital and Private Equity for the last 3 years.

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