Appier Raises US$80 Million in Series D Funding

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  • Appier’s total funding to date is US$162 million
  • It has got investment from TGVest Capital, HOPU-Arm Innovation Fund, Temasek’s Pavilion Capital, Insignia Venture Partners, JAFCO Investment and UMC Capital

Appier, an artificial intelligence (AI) company, has announced that it has raised a US$80 million Series D funding round with investment from TGVest Capital, HOPU-Arm Innovation Fund, Temasek’s Pavilion Capital, Insignia Venture Partners, JAFCO Investment and UMC Capital. Appier’s total funding to date is US$162 million. 

“Appier has been unwavering in its commitment to developing AI that makes people’s lives easier, and we’re proud to help our customers become data-driven organizations with cutting-edge technology at their core,” said Chih-Han Yu, Appier CEO and Co-founder.

He added, “Our latest investment brings with it new shareholders whose growth-stage experience will help us to scale faster towards our ultimate goal of revolutionizing the way enterprises adopt and leverage AI to grow, remain competitive and manage continuous business transformation.”

“Appier is riding a strong long-term trend for enterprises leveraging data to make smarter decisions,” said DC Cheng, Chairman of TGVest Capital.

Cheng added, “Appier has been a category leader since its inception and has the opportunity to expand into new corporate functions where data-based decisions are made. We share Appier’s ambition and we are excited to be a partner to the company.”

Continue to exceed expectations

“With AI as its DNA and the most outstanding talent accumulated outside of US and China, Appier is well-positioned to continue to exceed expectations and outpace the competition,” said Teck Sien Lau, co-chairman of HOPU-Arm Innovation Fund and CEO of HOPU Investments. 

“Appier’s exceptional AI offering will undoubtedly help many more enterprises effectively use the beauty of data intelligence to drive business growth and to customize engagement with their end customers. Appier has all the assets required for continued global growth,” said Shaun Lim, managing director of HOPU-Arm Innovation Fund.