About API Australia
API was founded in 1910 in Sydney, Australia, and functions as a retail chain in the pharmacy sector. Operations are centered on providing pharmaceutical products, health goods, and related services through multiple store locations nationwide. The company is headquartered in Sydney and led by CEO Richard Vincent. Focus is placed on community-based healthcare access within the Australian market.
- Headquarter Sydney, Australia
- Stage Public
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Wesfarmers
(Nov 07, 2021)
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Sales and Marketing
15 people
Operations Team
7 people
Pharmacy Team
5 people
Software Development Team
4 people
Project Team
4 people
Human Resources and Administration
3 people
Legal and Compliance
3 people
Data Analysis and Operations Team
3 people
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Funding Insights of API Australia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in API Australia
API Australia has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wesfarmers. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified retail and industrial operations are conducted across multiple countries.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by API Australia
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - API Australia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Api Australia Comparisons
Competitors of API Australia
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about API Australia
When was API Australia founded?
API Australia was founded in 1910.
Where is API Australia located?
API Australia is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of API Australia?
Richard Vincent is the current CEO of API Australia.
What does API Australia do?
API was founded in 1910 in Sydney, Australia, and functions as a retail chain in the pharmacy sector. Operations are centered on providing pharmaceutical products, health goods, and related services through multiple store locations nationwide. The company is headquartered in Sydney and led by CEO Richard Vincent. Focus is placed on community-based healthcare access within the Australian market.
Who are API Australia's investors?
API Australia has 1 investor. Key investors include Wesfarmers.
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