Apto, a leading provider of cloud-based CRM and pipeline tracking software for the commercial real estate industry, has announced that it has raised $1. Series 4 million A funding round led by the Mercury Fund New capital will help the company to meet strong market demand, expand its sales and marketing efforts, and broaden and accelerate product development.
Apto is a business application developed by commercial real estate brokers that provides brokers and teams with a simple yet comprehensive tool for managing people, properties and pipelines. In addition, brokerage teams can manage back office functions such as billing, commission tracking and accounting for the Apto Back Office product.
Series A funding builds on an exceptional year for Apto, which saw a rapidly growing customer list and a 450% year-over-year increase in revenue-and the company was recently listed as one of Houston’s Best Places to Work in the Houston Business Journal.
‘Apto has experienced phenomenal growth over the last two years, and this funding is a great vote of confidence in our vision to bring commercial real estate out of the dark ages,’ said Tanner McGraw, CEO and founder of Apto. ‘The Apto platform is scalable for brokerage teams of all sizes and brings the brokerage business to a single platform, improving efficiency and providing deeper insights into the business. We are planning to use the funding to continue investing in the success of our customers and to further accelerate our growth ”
With this funding, Mercury Fund partner Ned Hill joined the Apto Board of Directors ‘Mercury was very impressed by the Apto team and the strong market momentum they created,’ Hill said. ‘Apto’s industry-specific, world-class platform can significantly improve broker efficiency and efficiency-allowing them to focus on their clients and build their businesses. ”
About the Appo
Apto is married to a bullet-proof force Com Platform and 10 years of industry know-how in a comprehensive business application for the commercial real estate brokerage industry The application provides brokers and teams with a simple yet comprehensive tool to address the ever-present adoption issues faced by brokerages. Apto was founded in 2011 and is based in The Woodlands, TX. For further information, please visit: http://www Aptude Come on,
The Mercury Fund
Mercury Fund is a seed and early-stage venture capital company. With over $200 million under management, Mercury is investing in exciting and novel software and science-based start-up opportunities, focusing on U-origin technology innovation. Oh, S Mid-Continent Mercury has become one of the most active venture companies in the middle of the U since its inception in 2005. Oh, S , to become a ‘go-to’ fund for entrepreneurs at the earliest stages of idea generation, company formation and market execution. For further information, please visit: http://www Mercury Fund for Come on,
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