Appnovation

Appnovation

Global digital consultancy delivering open-source solutions

Overview

Appnovation Technologies provides global digital consultancy and managed services to help organizations plan, build, and run digital experiences. It uses open-source technologies to deliver digital strategy, UX design, data analytics, platform engineering, and enterprise integration for web, mobile, back-end, and big data projects. Revenue comes from end-to-end projects plus 24/7 support and ongoing managed services, supported by partnerships with Acquia, Alfresco, and Alibaba Cloud. Its goal is to identify digital growth opportunities and execute initiatives that improve customer experience and operations across industries such as life sciences and financial services.

About Appnovation

Simplify's Rating
Why Appnovation is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Enterprise Software

AI & Machine Learning

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$21.3M

Headquarters

Vancouver, Canada

Founded

2007

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Simplify's Take

What believers are saying

  • £9.3m equity from CBGF and BGF in 2021 accelerates international expansion.
  • New offices in Singapore and Sao Paulo grow footprint to 462 employees worldwide.
  • Added clients Google, Samsung, TCL alongside HSBC, RBC, Coca-Cola.

What critics are saying

  • Founder Arnold Leung departure destabilizes strategy and client relationships.
  • Legacy Drupal, Alfresco revenue erodes as enterprises adopt cloud-native SaaS.
  • Talent attrition post-2021 C-suite hires degrades delivery quality.

What makes Appnovation unique

  • Appnovation specializes in open-source platforms like Drupal and Alfresco for digital consultancy.
  • AI-powered solutions target high-compliance life sciences and financial services industries.
  • Nearshore delivery ensures proximity, speed, and cost-efficiency for global clients.

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Funding

Total Funding

$21.3M

Above

Industry Average

Funded Over

2 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Benefits Package

Mental Health Support

Fertility and Menopause Leave

Fitness Allowance

Work-life Balance

Health Insurance

Remote Work Options

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

Stock Options

Company Equity

401(k) Retirement Plan

401(k) Company Match

Conference Attendance Budget

Professional Development Budget

Wellness Program

Gym Membership

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-4%
Angel Newsletter UK
Jun 9th, 2023
Appnovation Receives £9.3m in Equity Financing

Appnovation has received £9.3m in equity financing from a joint partnership between the Canadian Business Growth Fund (CBGF) and the UK’s BGF. The investment will allow Appnovation to accelerate its international growth and expansion strategy, spurring jobs and economic growth in Canada, the UK and beyond.   Appnovation is a full-service digital consultancy, focused on delivering meaningful business outcomes that drive innovation, growth and ultimately value for its clients. Through digital strategy and a deep industry focus across a variety of verticals (including some of the largest financial services and pharmaceutical companies in the world),Appnovation’s expertise with user-centric, design-led experiences and open technology platforms, helps brands to better engage their customers.

Appnovation
May 16th, 2023
Mandhir Gidda joins Appnovation as Senior Vice President, Technology in EMEA | Appnovation

Global digital partner Appnovation has announced that Mandhir Gidda has joined as Senior Vice President, Technology in EMEA.

Appnovation
Mar 16th, 2022
Appnovation Technologies, Inc. partners with ASCD

Appnovation partnered with ASCD to reimagine their overall digital experience and transform it into a modern web presence with a clean, streamlined design.

GlobeNewswire
Nov 29th, 2021
Appnovation Technologies Inc. hires Daren Fitzgerald as SVP of Strategic Growth, EMEA

Firstly, Appnovation has brought on Daren Fitzgerald as SVP of Strategic Growth, EMEA, adding a seasoned leader in Retail, IT and Technology to its global leadership team.

Yahoo Finance
Oct 21st, 2021
Appnovation Technologies Inc. recognized as Best Workplaces™ for Today’s Youth on Jan 1st 21'.

VANCOUVER, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Global digital consultancy Appnovation has been named on the 2021 list of Best Workplaces™ for Today’s Youth.

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