Sensor Tower Enters Next Chapter of Growth with $45 Million Riverwood Capital Partnership

We’ve spoken a lot about Sensor Tower’s humble beginnings as a mobile analytics startup that, with just $1 million in seed money, has grown to become a leader in market intelligence for major global game publishers, top brands, and financial institutions. Our success didn’t happen overnight, but built instead upon years of forward-thinking innovation and mindful growth. That kind of thoughtful decision-making has led us to this pivotal milestone, as we announce a $45 million growth investment from Riverwood Capital.

It’s hard to overstate how excited we are to work with Riverwood Capital. Their expertise in guiding and shaping mid-stage companies is exactly what Oliver and I were looking for to fuel Sensor Tower’s growth. By adding Riverwood Capital’s deep experience in growing and scaling teams to our already-profitable company, this strategic move will both help to enhance our product roadmap and execution through Riverwood’s proven executive and operational experience. This insight and guidance will be instrumental in maturing Sensor Tower into the global mobile market intelligence leader providing critical data for companies of any size.

Although it may seem like a challenging environment within which to pursue this level of concentrated growth, we see this as a critical time for mobile intelligence. COVID-19 has pushed more consumers than ever to rely on their smartphones for daily necessities, and it has led to record growth across many mobile categories. We’re committed to delivering the most accurate and thoughtful insights into the mobile ecosystem, while further advancing a platform that is unparalleled in accuracy, detail, and reliability.

The road ahead is looking bright, and we’re so thankful to the team at Riverwood Capital for their passion and support for our vision. There’s a lot of great work to be done, and we can’t wait to get started.

Oliver Yeh and Alex Malafeev Sensor Tower Co-Founders