Ashton Kutcher and man Oseary’s Sound Ventures straight back Apptopia’s next-gen application intelligence platform

Apptopia, a startup that started its life being a marketplace for reselling apps before morphing to the application intelligence provider that’s now employed by Google, Twitter, Pinterest, NBCU, among others, has closed on a second seed round of $2.7 million. The round, which was led by Ashton Kutcher and Guy Oseary’s Sound Ventures, brings Apptopia’s total raise currently to $5 million.

Other investors in the round included prior investor Mark Cuban, as well as 500 Startups, RTA Ventures, Comprehensive Tilt Capital, Telegraph Hill Capital, Expansion VC among others.

Apptopia’s history is interesting, given just how it adapted its business over the years after discovering that there clearly wasn’t enough money to be made as a market for apps.

The business used the underlying data it had gathered as being a market to re-architect the organization to spotlight app intelligence data.

This area is filled up with competitors – like App Annie, Sensor Tower, SimilarWeb, appFigures, Mixpanel, among others – which focus on various areas of mobile app analytics and cleverness.

But explains Apptopia CEO Eliran Sapir, bigger companies like App Annie have made a company of selling to financial businesses and hedge funds, Apptopia comes on business by having a various perspective – it wants to focus on software developers and writers. That has led it to attract numerous companies to join up for its premium service, including Google, Pinterest, Facebook, NBC Universal, Philips, Deloitte, Telerik, Fyber, Airpush, Chartboost, Startapp, SendGrid, yet others.

Sapir admits to being something of an underdog inside room, but one which’s now rapidly growing after nearly having to shut down lately when the market failed.

An acquirer initially offered Apptopia $27 million to sell its company, but in the day’s the offer, the offer had been paid down to only $12 million. The startup rejected the offer and chose to find a method to keep going by pivoting to app intelligence. With personal loans, some additional cash from investors, plus one bigger pre-sold contract before the service had been even launched, it kept the lights on.


Today, Apptopia provides app information and store stats, including step-by-step use information, like day-to-day and monthly active users for apps, amount of sessions, session time, retention and much more. It offers understanding of exactly how apps are made, getting an earlier function that will show what type of SDKs app manufacturers are using. And it will offer data on in-app advertising, including such things as in which an application is advertising, how much they spend, simply how much they make from ads, and what ad SDKs they use, among other activities.

With regards to pivoted to app intelligence in June 2015, Apptopia had no income.

“Within 60 times, we were at $30K MRR [monthly recurring revenue]. Within 120 times, we were at $70,000 MRR. And today, we’ve quadrupled that…it’s been a crazy trip,” claims Sapir.


He says that Ashton Kutcher’s and Guy Oseary’s Sound Ventures were thinking about researching the room, and signed up for some competing items. They compared the information from the different businesses to that particular removed from their portfolio businesses, and found that Apptopia’s was many accurate. They later invested.

Apptopia’s pricing plans start at $79 each month for smaller designers and scale up to over $5,000 monthly if you need understanding of advertising and API access. The solution can also be now employed by over two dozen VC firms, besides.

With all the extra funding, Boston-headquartered Apptopia plans to increase its 43-person team on the next year, in particular product sales and advertising.

The following version of the merchandise will concentrate on making its data actionable.

“The industry is in its infancy, and neither united states nor our rivals have made moves to go to the next generation,” states Sapir. “The focus for people is not only about showcasing the data and making it accessible, it’s additionally about helping individuals make choices.”

In January, Apptopia will move out variation two of its platform which will consist of optimization tools considering its learnings which will help increase the full time it will take to decide exactly what action to take next, based on the information at hand.

“We built tools to just take these decisions and also make them in moments, instead of hours or days of work,” he says.

Albert raises $2.5 million because of its finance application that helps you save money

Everyone knows the fundamentals of how to improve their financial wellness: place money into savings, monitor your investing, reduce your debt, try to find methods to save very well your regular bills, and work out smart investments. In which individuals battle is translating that knowledge into specific actions you’ll just take today. That’s where an application called Albert steps into assistance. The startup, which has now closed on $2.5 million in seed money, delivers a easy method to track finances also as personalized tips aimed at boosting your general financial standing.

The capital comes from Bessemer Ventures Partners, CFSI (Center for Financial solutions Innovation), 500 Startups, and 500 Fintech, and others. It comes soon after the app’s launch early in the day come july 1st.

Albert had been co-founded by previous college buddies Yinon Ravid and Andrzej Baraniak, whom both formerly held jobs in financial solutions.


Aimed mostly at more youthful, mobile users, Albert isn’t mobile banking application, like Simple. If any such thing, it runs similar to Mint, in the feeling it aggregates your economic data in to a solitary destination, including bank accounts, credit cards, home, loans and assets.

Where it differs from a solution like Mint is the fact that it’s more narrowly focused on offering monetary advice and encouraging one to make changes, while also assisting you track your everyday spending and spending plan.

So when it gives guidelines, it pushes one to actually put them into action.

Like, Albert may suggest that you need to start a family savings.

“The vast majority of individuals between your ages of 20 and 40 don’t really save money – they actually spend more than they’ve won within the last three months,” describes Ravid. “So one of the primary items of advice we give should save a couple of dollars to cultivate your emergency investment.”

Albert then can help you understand this investment began by transferring money automatically from your bank Albert Savings, its FDIC-insured family savings that lives directly in the app.

This concept of automating finances is something several other mobile apps into the broader fintech area have implemented, like cost savings apps Digit or Qapital and investing apps like Stash Invest and Acorns. Meanwhile, with regards to offering a bird’s-eye view of one’s finances, Albert is facing apps like Level Money or Prosper Daily. Others nevertheless, like LearnVest, make an effort to coach you on how exactly to take fee of the finances by providing personal advice.

Albert, however, takes those principles and places them right into a solitary location.

Along with assisting you save yourself, Albert might recommend things such as trying to get a lower-interest loan to pay off credit debt, cutting your car insurance repayments by changing insurers, or making investments.

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To create these tips, Albert works with lovers – and also this is also exactly how it creates cash. The business has relationships with lenders who’ll provide loan quotes, whilst it turns over investment advice to Betterment, also it works with CoverHound to produce insurance quotes. Albert yields income from these referrals, which will be just how it keeps its application free for customers.

While which also means Albert is outsourcing a lot of the heavy-lifting when it comes to the advice it gives, that helps to help keep its suggestions unbiased, records Ravid.

“One of this things we think is vital in providing individuals advice and improving their monetary health is remaining objective and staying in arm’s length from the solutions we recommend,” he claims.

Beyond its advice, Albert also notifies you whenever considerations happen with your money – as if you’ve gotten an overdraft fee, or a bill is coming due. And possesses many different tools that let you view your investing, bills and income, to offer users a reason to connect to the app frequently, even after they’ve taken action on Albert’s guidelines.

Ravid wouldn’t discuss how many users Albert has, but its app is currently rated #84 within the Finance category regarding the iTunes App Store, where Apple has been regularly featuring it in present times. The co-founder would say that the level of data Albert is tracking is growing, plus it now tracks over 50 million transactions.

The L.A.-based startup is a group of four, and recently rolled away version 2.0 of its application in advance of its intends to launch on Android os. The software actually download free regarding the App shop.