Apprentice has raised a Series C round of funding of over $100 million. The round was led by a new investor, Alkeon Capital Management, with repeat participation from Silverton Partners, Insight Partners, and Pacific Western Bank, and a new investment by Colorcon Ventures. This brings the firm's total funding to $142 million.

The firm's first product was Tandem, a virtual collaboration solution and wearable headset, which was designed to make remote collaboration on the facility floor possible.