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Appnovation Technologies
A global Digital Solutions and Managed Services provider delivering superior strategy, application development, and enterprise integration
About Appnovation Technologies
Appnovation Technologies operates as a global, full-service digital consultancy, originating from Vancouver, Canada. The firm was established in 2007 by Arnold Leung, who launched the company at the age of 21, immediately after graduating from the University of British Columbia's Sauder School of Business with a Bachelor's degree in Commerce. Leung's entrepreneurial journey began during a university internship, where he started developing websites for investment advisors on a contract basis, providing the foundation and connections to start his own venture upon graduation.
The company's business model is centered on providing digital solutions and managed services to a diverse client base that ranges from startups to Fortune 500 corporations, government bodies, and non-profit organizations. Appnovation specializes in leveraging open technologies to deliver services such as digital strategy, user experience design, data analytics, platform engineering, and enterprise integration. Revenue is generated by strategizing, building, and deploying secure digital experiences, complemented by 24/7 support and maintenance services. Initially focused on web development using open-source platforms like Drupal, the company expanded its offerings to include mobile applications, back-end systems, and big data services, capitalizing on the growing adoption of open-source technology. The firm has established strategic partnerships with companies like Acquia, Alfresco, and Alibaba Cloud to enhance its service delivery.
Appnovation's services cover a wide spectrum of digital transformation needs. This includes developing web and mobile applications, creating enterprise content management systems, and implementing solutions for big data, business intelligence, and cloud platforms. The company assists clients in identifying opportunities for digital growth and provides end-to-end project execution, from initial strategy and user experience design to development, deployment, and ongoing managed services. A key aspect of their work involves creating cross-platform applications using technologies like HTML5. The firm serves various industries, with a notable focus on life sciences, where it develops solutions to improve patient outcomes, and financial services, where it enhances customer experience for clients like HSBC and RBC. Other prominent clients include Coca-Cola, Rogers Communications, and Johnson & Johnson.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2007
- Headquarters
- Vancouver, Canada
- Employees
- 245
- Open positions
- 33
- Dealroom signal
- 85.1/100
- Sector
- Other B2B Software, Testing, Open Source, Delivery, Retail, SaaS, Entertainment, Content Management, Community, App, Platform, Horizon Europe
- Technology
- Big Data
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Sep 2020 | $9M | $61M | Business Growth Fund · Export Development Canada · Canadian Business Growth Fund | — |
| EARLY VC✓Equity / VC | Aug 2019 | $12M | $49M | CBGF LTD · Canadian Business Growth Fund · Business Growth Fund | ↗ |
Growth signals
Latest recorded traffic for Appnovation Technologies is 19K monthly website visits, down 5% over the last three months. Appnovation Technologies's team grew 13.4% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Eureka
Series A3 investors entered at this stage
Canadian Business Growth Fund
Business Growth Fund- CLCBGF LTD
Series B and later1 investor entered at this stage
Export Development Canada
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Appnovation Technologies on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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