Today, major B2B commerce platform AppDirect announced two major pieces of news. First, they announced what they are terming the expansion of their board of directors with the addition of Burt Podbere, CFO at CrowdStrike. Secondly, AppDirect indicated that they plan to become the next Amazon of B2B, supporting over $4 billion of gross merchandise value on its platform. As such, they expect to cross the $1 billion threshold in gross annual recurring revenue over the next 18-24 months. The company’s vision and strategy have been led by Nicolas Desmarais who has been able to bring together some of the industry’s most accomplished minds, like Podbere, to help propel its growth and build its vision on how to revolutionize how businesses buy, sell, and manage technology. With leaders from CrowdStrike and WestCap now on its board, AppDirect accelerates its mission to reinvent how businesses buy, sell, and manage technology in a $2 trillion market.
The AppDirect B2B commerce platform today announced the expansion of its board of directors with the addition of Burt Podbere, CFO at CrowdStrike. AppDirect anticipates crossing the $1 billion threshold in gross annual recurring revenue over the next 18-24 months. AppDirect has been making waves across the tech ecosystem with recent platform acquisitions that fuel its vision to become the everything store for businesses through their partner channel. AppDirect’s vision and strategy is led by its CEO and co-founder Nicolas Desmarais, who has been able to bring together some of the industry’s most accomplished minds, like Podbere, to help propel its growth and build its vision on how to revolutionize how businesses buy, sell, and manage technology.
Having worked previously at global industry leaders like EY, Vivendi, Amdocs, and OpenDNS, which was eventually acquired by Cisco, Podbere has firsthand experience scaling hypergrowth companies. His over 20 years of experience with pre-IPO and post-IPO technology companies and deep financial expertise allowed Podbere to successfully facilitate CrowdStrike’s debut to a $612 million IPO. His invaluable leadership will further solidify AppDirect’s position as a powerhouse in the B2B commerce landscape.
“I’ve always been drawn to organizations and people that aren’t complacent in their industries, but are disrupting and redefining them,” said Podbere. “AppDirect is tackling and winning complex business problems in ways I’ve never seen before, which struck a chord with me. AppDirect is built on values with the vision and velocity to outpace its competitors — competitors that aren’t resting on their laurels, so neither can we. I’m fired up to help drive its next explosive chapter of growth.”
Podbere joins a board that includes Laurence A. Tosi, Managing Partner and Founder of WestCap and former CFO at Airbnb and Blackstone, who has built some of the world’s most successful tech-enabled marketplaces. WestCap, an operating equity firm with $6 billion in assets under management, is one of several top-tier investors behind AppDirect’s vision—a roster that includes long-term supporters like Inovia Capital, Mithril Capital, and strategic partners like La Caisse.
“With B2B commerce and marketplaces showing no signs of slowing down, AppDirect stands out as a transformative force that is uniquely positioned to create value by aggregating and automating technology solutions,” said Tosi. “For 25 years, our team has focused on leading marketplaces and has built a unique operating team around assisting our companies as they scale. We’re proud to partner with AppDirect as it continues to drive innovation through its leadership in these all-important, fast-growing segments of technology.”
AppDirect continues to differentiate itself through an agnostic, channel-focused model and by extending into sectors like energy following recent acquisitions, including Broker Online Exchange and DNE Resources, BOX, ADCom, Firstbase and its pending acquisition of vCom.
AppDirect’s AI-first approach redefines how organizations procure and manage technology and uniquely enables its 14,000 partners to resell AI solutions through a single, unified platform. The upcoming launch of its “everything store” during its annual Thrive conference is expected to offer a futuristic experience for technology procurement and lifecycle management, all through a single, unified platform.
“I’ve always been drawn to organizations and people that aren’t complacent in their industries, but are disrupting and redefining them,” Podbere said. “AppDirect is tackling and winning complex business problems in ways I’ve never seen before, which struck a chord with me. AppDirect is built on values with the vision and velocity to outpace its competitors – competitors that aren’t resting on their laurels, so neither can we. I’m fired up to help drive its next explosive chapter of growth.”
Podbere joins a board that includes Laurence A. Tosi, Managing Partner and Founder of WestCap and former CFO at Airbnb and Blackstone, who has built some of the world’s most successful tech-enabled marketplaces. WestCap, an operating equity firm with $6 billion in assets under management, is one of several top-tier investors behind AppDirect’s vision—a roster that includes long-term supporters like Inovia Capital, Mithril Capital, and strategic partners like La Caisse.
“With B2B commerce and marketplaces showing no signs of slowing down, AppDirect stands out as a transformative force that is uniquely positioned to create value by aggregating and automating technology solutions,” Tosi said. “For 25 years, our team has focused on leading marketplaces and has built a unique operating team around assisting our companies as they scale. We’re proud to partner with AppDirect as it continues to drive innovation through its leadership in these all-important, fast-growing segments of technology.”
“I’ve always been drawn to organizations and people that aren’t complacent in their industries, but are disrupting and redefining them. AppDirect is tackling and winning complex business problems in ways I’ve never seen before, which struck a chord with me,” said Podbere. “AppDirect is built on values with the vision and velocity to outpace its competitors — competitors that aren’t resting on their laurels, so neither can we. I’m fired up to help drive its next explosive chapter of growth.”
Podbere joins an esteemed board that includes Laurence A. Tosi, Managing Partner and Founder of WestCap and former CFO at Airbnb and Blackstone, who has built some of the world’s most successful tech-enabled marketplaces. WestCap, an operating equity firm with $6 billion in assets under management, is one of several top-tier investors behind AppDirect’s vision, which includes Inovia Capital, Mithril Capital and La Caisse.
“With B2B commerce and marketplaces showing no signs of slowing down, AppDirect stands out as a transformative force that is uniquely positioned to create value by aggregating and automating technology solutions,” said Tosi. “For 25 years, our team has focused on leading marketplaces and has built a unique operating team around assisting our companies as they scale. We’re proud to partner with AppDirect as it continues to drive innovation through its leadership in these all-important, fast-growing segments of technology.”
AppDirect continues to differentiate itself through an agnostic, channel-focused model and by extending into sectors like energy following recent acquisitions, including Broker Online Exchange and DNE Resources. AppDirect’s AI-first approach redefines how organizations procure and manage technology and uniquely enables its 14,000 partners to resell AI solutions through a single, unified platform. The upcoming launch of its “everything store” during its annual Thrive conference is expected to offer a futuristic experience for technology procurement and lifecycle management, all through a single, unified platform.
AppDirect is a B2B subscription commerce platform company that brings together technology providers, advisors, and businesses to simplify how they buy, sell and manage technology. More than 1,000 providers, 14,000 advisors and 16 million subscribers rely on the AppDirect ecosystem of subscription marketplaces to power their innovation, growth and success. The upcoming launch of its “everything store” during its annual Thrive tech conference in Austin TX conference between August 25 and August 27 is expected to offer a futuristic experience for technology procurement and lifecycle management, all through a single, unified platform. They enable customers to launch their own or third-party white-labeled marketplace for selling their own or third-party recurring technology services.
AppDirect continues to differentiate itself through an agnostic, channel-focused model and by extending into sectors like energy following recent acquisitions, including Broker Online Exchange and DNE Resources. AppDirect’s AI-first approach redefines how organizations procure and manage technology and uniquely enables its 14,000 partners to resell AI solutions through a single, unified platform. The upcoming launch of its “everything store” during its annual Thrive tech conference in Austin TX conference between August 25 and August 27 is expected to offer a futuristic experience for technology procurement and lifecycle management, all through a single, unified platform. They enable customers to launch their own or third-party white-labeled marketplace for selling their own or third-party recurring technology services.