AppHub Raises $95M from PSG and Acquires AI Search App Boost
July 25, 2023
AppHub received a $95 million strategic growth investment from PSG alongside existing investor Silversmith Capital Partners, and concurrently acquired Boost, an AI-powered search and discovery application for e-commerce merchants. The investment will support AppHub's product expansion, geographic growth, and continued M&A strategy while Boost's AI search and recommendations will enhance AppHub's suite of merchant-facing software.
- Buyers
- PSG, AppHub, Silversmith Capital Partners
- Targets
- Boost
- Platforms
- AppHub
- Industry
- Software
- Location
- Ho Chi Minh City, Vietnam
- Transaction Type
- Addon
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