Apkudo

Apkudo is the global leader in supply chain automation with solutions spanning the entire lifecycle of connected devices.

Apkudo helps companies managing connected devices to maximize device value, minimize labor costs and reduce e-waste. 

Apkudo was founded in 2011 by Josh Matthews and Ben Leslie. The company is headquartered in Baltimore, Maryland, with offices around the world.

 

Apkudo's Platform leverages both hardware and software technology purpose-built to maximize value from resale, repair and reuse while eliminating e-waste and improving profit margin and agility. Apkudo provides a fully integrated diagnostic, dispositioning and marketplace solution that gives customers real-time visibility into global demand for their used devices.

 

Apkudo's Circular Industry Platform provides a full suite of decision-support and operating tools: automated testing and grading systems, device lifecycle management and resale market integration.

 

Apkudo has connected and optimized the device supply chains for some of the world's largest manufacturers, network operators, insurers, retailers, logistics providers, repairers and traders. Customers like FedEx, T-Mobile and Asurion have more transparency, security and connectivity across the supply chain for connected devices.

 

Apkudo is backed by Grotech Ventures, Closed Loop Partners’ Leadership Fund, Harbert Growth Partners, MissionOG, Piper Sandler Merchant Banking, Lavrock Ventures, Point Field Partners, and others. The company raised $37.5M in an oversubscribed Series C round on Feb 15, 2023. This brings Apkudo's total funding to $65.9M to date.

 

 

  • Year founded: 2011
  • Funding Info: $65.9M over 4 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Baltimore
  • State: Maryland
  • Country: United States
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