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Announced

Completed

Fidelity Management and Dragoneer Investment led a $120m funding round in ASAPP.

Financials

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Transaction Value£84m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Minority

Private

United States

Private Equity

Friendly

Domestic

Completed

Artificial intelligence consultancy

Auto Technology

Acquisition

Venture Capital

Synopsis

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Fidelity Management, an American multinational financial services corporation, and Dragoneer Investment, a growth-oriented public and private investor, led a $120m funding round in ASAPP, a provider of artificial intelligence-enabled customer experience tools. ASAPP pitches its tools a way to augment rather than replace customer service workers, and markets to companies with large customer operations.

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