IPO and Expansion (2019-2021)
In 2019, AppLovin raised $400 million in funding from investors, which valued the company at $3 billion. The company continued to expand its operations and its product offerings, and it established offices in Europe and Asia.
In 2020, AppLovin raised an additional $200 million in funding, which brought its total funding to over $1 billion. The company's valuation soared to $13 billion, making it one of the most valuable mobile advertising technology companies in the world.