Fueling Success: Appinventiv’s Role in Raising $950 Million in Funding for Clients – Real Stories

Sudeep Srivastava September 19, 2024
Appinventiv a leading mobile app development company

In the world of startups, where visions are grand and ambitions boundless, securing funding becomes pivotal for entrepreneurs. It becomes the quintessential key that unlocks the world of possibilities and transforms groundbreaking ideas into reality.

However, securing funding is a daunting task for any business. While investors are constantly on the lookout for promising ventures, only a few businesses succeed in getting their attention. Why? Absence of a strong product, a functional proof of concept or an MVP, user engagement data, or positive feedback are a few factors that make it difficult for new entrants to garner investors’ attention.

Overcoming all such challenges while building pioneering custom applications, Appinventiv has emerged as a leading software and mobile app development company globally. With a nearly decade long experience in crafting innovative digital products for 35+ industries, we have so far led over 1,500 businesses on the path of unprecedented success.

Appinventiv's Role in Raising $950 Million in Funding for Clients

Our experts have played a pivotal role in securing funding totaling $950 million for our startup clients. We have also assisted leading enterprises and prominent global brands earn numerous awards and recognitions with next-gen product engineering.

Here’s a sneak peek into how our trusted custom software development and mobile app development services led to our clients achieving transformative results in business.

How Appinventiv Helped Businesses Raise Investments worth $950 Million

How Appinventiv Helped Businesses Raise Investments worth $950 Million

JobGet – Job Search App – $52 Million Series B Funding

Appinventiv helped JobGet transform the employment landscape for blue-collar workers by building a platform where job seekers and employers could message each other, schedule meetings, and have in-app video interviews – all in semi real-time. Our experts also integrated GPS functionality in order to connect applicants with nearby businesses looking to hire them in less time and make the job seeking process time-friendly.

Results

The job search time for blue collar workers was reduced from 2-3 months to 2-3 weeks. The app was also honored with numerous accolades, including the “MIT Inclusive Innovation award” and “Gold award from MassChallenge”.

$52 Million
Series B Funding

2 Million+
Mobile App Downloads

50,000+
Active Companies on the Platform

Billy Lan, CTO and Co-Founder of JobGet

Edamama – eCommerce App – $10 Million Funding

Appinventiv helped Edamama transform mobile shopping experiences for new and expectant mothers by launching a platform that provides AI-based personalized product recommendations based on the child’s age, gender, and product rating. The platform is also a one-stop destination for mothers to book online events, classes, and activities for their children.

Our team was involved at every stage of Edamama eCommerce app development process – from ideation and research to testing and deployment. Key features integrated during the process include a dynamic attribute management system, a detailed product category tree, and a predefined flash sale timeline system.

Results

$10 Million
Series A Funding Received

20K+
SKUs Home Delivered

100K+
Expectant and New Mothers Served

Bela Gupta D’Souza, Founder of Edamama

Edfundo – Financial Literacy App – $500K Pre-Seed Funding

Appinventiv helped Edfundo build a revolutionary SaaS financial literacy and money management application for kids to become financially smarter from an early age. We developed the world’s first financial intelligence hub with a prepaid debit card and digital learning lab, including a range of interactive courses and quizzes. We also implemented the parental control functionality for parents to keep track of their child’s money management activities.

Results

The client is now converging the application into a white-label solution. They are also getting media coverages on reputed platforms including, CNN International, The National, and Khaleej Times.

$500K
Pre-Seed Funding

Best FinTech Startups
Seamless Awards 2022

Simon Wing, Co-Founder & CEO of EdFundo

Vyrb – Social Media App – $1 Million Funding

Appinventiv helped Innovative Eyewear launch a pioneering voice-assistant social media app that allows users to create, listen, and respond to posts on platforms such as Facebook and Twitter with their voice using Bluetooth glasses.

Our team integrated audio command features in the app using voice assistants like Siri and Google Assistant. To make the platform engaging, our team also implemented the autoplay functionality that compiles all user feeds and makes them audible in a single easy stream.

Results

$1 Million
Funding Received

50K
Mobile App Downloads

Read Success Story

projects that secured massive fundingAwards Galore – Charting Success for Clients

At Appinventiv, our relentless commitment to excellence charts triumphs for our clients, adorning them with a multitude of prestigious awards and recognitions.

Appinventiv's Role in Raising $950 Million in Funding for Clients

Transform Ideas into Funded Realities with Appinventiv

Securing funding in the current competitive business landscape remains a crucial milestone for most startups. However, with Appinventiv as your technology partner, navigating this journey becomes a strategic and successful endeavor.

From JobGet’s revolutionary recruitment platform to Edamama’s eCommerce solution and Edfundo’s FinTech app, we have the expertise and experience of handling projects of all complexity levels, further leading to transformative business outcomes.

Our commitment to excellence is reflected not just in massive investments raised by our clients but also the numerous accolades that they have received over the years.

Here’s a quick snapshot of why our clients love to work with us, described in their own words:

Visit our complete portfolio here

FAQs

Q. What are some examples of successful projects Appinventiv handled in the Middle East?

A. Being a leading mobile app development company in Dubai, we have successfully delivered many notable projects in the Middle East, including:

  • KFC & PizzaHut: In the food industry, we helped KFC and PizzaHut streamline their ordering process and improve customer engagement in the UAE region.
  • IKEA: We developed a custom ERP solution for IKEA that is now expanded across 7+ stores in the UAE, optimizing their operations and enhancing shopping experiences.
  • Adidas: We expanded Adidas’ digital presence in Saudi Arabia and Qatar by building an innovative application that significantly broadened their user base and engagement.
  • Edamama: Appinventiv assisted Edamama in transforming mobile shopping for new and expectant mothers, leading to significant funding success and user engagement.
  • 6th Street: It is a project that involved creating a seamless eCommerce platform that boosted the online presence and sales for the client.
  • YKA: Appinventiv developed a dynamic digital platform for YKA to improve their outreach, protect sensitive data and transactions and enhance user experience.

Q. What sets Appinventiv apart from other software development companies in the US?

A. We differentiate ourselves from other software development companies in the US through our rich experience of handling projects of different complexity levels and a proven track record of securing substantial funding and other prestigious accolades for clients with state-of-the-art product engineering.

Our expertise spans 35+ industries, allowing us to deliver tailored, high-quality solutions. Our client-centric approach, combined with unwavering determination and commitment to innovation, further distinguishes us in the current competitive market on a global scale.

Some of our notable projects successfully delivered in the US include Vyrb (Social Media), Mudra (FinTech), Health-e-People (Healthcare), NOVA (EdTech), AVATUS (Social Media), Soniphi (Healthcare), ILITY (Real Estate), JobGet (Recruitment), and ActiDrive (On-Demand).

Q. How does Appinventiv ensure the success of its projects?

A. We ensure the success of our projects through a comprehensive approach that includes in-depth market research, clear communication with clients, and rigorous testing/quality assurance processes.

Moreover, we employ agile development methodologies to adapt to changing market needs and adhere to essential industry compliances, ensuring that the final product aligns with the client’s vision and goals. Also, our constant focus on innovation and user experience plays a crucial role in delivering successful project outcomes.

Q. How much does it cost to develop a custom app or software?

A. The cost of developing a custom app or software depends on various factors, including the complexity of the project, desired features, required tech-stack, platform compatibility and the development timeline.

On average, custom app or software development cost can range from $30,000 to $300,000 or more. However, this is just a rough estimate, the final cost can increase or decrease, depending on your unique project requirements.

To get a more precise estimate or a tailored quote, schedule a free consultation call now.

THE AUTHOR
Sudeep Srivastava
Co-Founder and Director
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