ASAPP develops artificial intelligence (AI) and machine learning (ML) products to enhance the productivity of customer service agents at contact centers. Founded by Gustavo Sapoznik, the company has a range of AI services such as AutoCompose, which automates 70% of customer service agent responses, and AutoSummary, which automates 100% of call summaries. In addition, they offer two core applications, Messaging and Voice, aimed at increasing productivity and customer satisfaction. ASAPP has many high-profile clients such as American Airlines, jetBlue, Spectrum, and Astound.
Asapp Valuation History
Asapp Stock Price
The stock price of Asapp can be calculated by taking the valuation of the company divided by the number of shares outstanding. Because a private company can issue new shares at any time, we do not know the current number of shares outstanding.
For illustrative purposes, however, assuming Asapp has issued 250 million shares, at the estimated UpMarket valuation of $1.11 billion, each share of Asapp stock would be worth $4.43.
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UpMarket has offered many similar companies as Pre-IPO investments, including Airbnb, SpaceX, ByteDance, Plaid, Kraken, Databricks, and others. UpMarket also often has funds available that invest in a portfolio of companies potentially including, Asapp as well.
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