About Apica
Apica is a Technology company based in Stockholm (Sweden) founded in 2005 by Niclas Tollgard and Johan Bengtsson. Application performance is monitored via a cloud-based observability platform. Apica has raised $53.78 million across 9 funding rounds from investors including SEB, Leo Capital and RAC. The company has 30 employees. Apica has completed 4 acquisitions, including Circonus, LOGIQ and Orson Test Data. Its chief executive, as recorded, is Mathias Thomsen. Its website apica.io draws about 18 thousand monthly visits. Its Indian entity Logiqai Software India Private Limited reported revenue of ₹7.72 Cr. Apica offers products and services including Telemetry Pipeline, Data Management, and Active Observability. Its focus areas include Enterprise Infrastructure, IT Operations, ITOM and Application Performance Monitoring.
Company details
Apica was founded in 2005 in Stockholm, Sweden, within the software observability sector. A cloud-based platform is operated to instrument, generate, collect, and export telemetry data for analyzing application performance and behavior. Operations include proactive incident management, business outcome metrics tracking, white glove assistance, transparent pricing structures, device and authentication management, application oversight, and IT scale automation. The solution supports global users in performance monitoring.
- Headquarters Stockholm, Sweden
- Employees 30
- Founders Niclas Tollgard, Johan Bengtsson
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website apica.io
- Social LinkedIn X Facebook
- Legal Name Logiqai Software India Private Limited
- Date of Incorporation 11 Nov, 2020
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹7.72 Cr
FY 2026 · +21% YoY
- Indian entity net profit₹74.5 Lakh
FY 2026 · 10% margin
- Indian entity EBITDA₹1.12 Cr
FY 2026 · 14% margin
- Total Equity Funding$53.78M (USD)
in 9 rounds
- Latest Funding Round$6M (USD), Series E
Feb 2024
- InvestorsSEB
& 9 more
- Employee Count30
- Investments & AcquisitionsCirconus
& 3 more
Associated legal entities of Apica
Apica operates through Logiqai Software India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Logiqai Software India Private Limited CIN U72900KA2020FTC140940 | Active | 11 Nov 2020 | Bangalore, Karnataka | ₹7.7 Cr | 13 | 4 | View details |
Products & Services of Apica
Apica offers a comprehensive portfolio of products and services, including Telemetry Pipeline, Data Management, and Active Observability.
Platform for collecting and optimizing observability data.
Stores and searches data using InstaStore technology.
Delivers insights into logs, metrics, and traces for enterprises.
Funding Insights of Apica
Apica has successfully raised a total of $53.78M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $6 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $53.78M
- Total Rounds 9
- Last Round Series E — $6M
- First Round $73,440
(May 2007)
- Investors Count 10
All 9 funding rounds of Apica with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | $6M | Series E | – | Riverside Acceleration Capital | |
| Aug 2023 | $10M | Series E | – | Industrifonden, Oxx | – |
| Aug 2018 | $12.7M | Series D | – | Industrifonden, SEB | – |
| Sep 2017 | $12M | Series D | – | Oxx | |
| Feb 2014 | $4.52M | Series C | – | Industrifonden, SEB | – |
| Jul 2012 | $5M | Series C | – | SEB | |
| Jun 2011 | $2.29M | Series B | – | Industrifonden | |
| Aug 2010 | $1.2M | Seed | – | KTH Chalmers Capital | |
| May 2007 | $73,440 | Seed | – | KTH Chalmers Capital | – |
10 investors in total: 10 institutional.
Investors in Apica
Apica has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include SEB, Leo Capital and RAC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth capital and acceleration support are provided for B2B software companies. | riverside.ac | New York, United States | ||
Oxx is focused on supporting B2B software founders in scaling. | oxx.vc | Stockholm, Sweden | ||
Venture capital fund investing in early stage, technology-centric opportunities | 2017 | leo.capital | Delhi, India | |
Investments in deep-tech, life sciences, and transformative tech are managed. | industrifonden.com | Stockholm, Sweden | ||
| kthchalmerscapital.se | ||||
A network of leading venture capital firms is facilitated. | 1999 | nordicventure.net | Täby, Sweden | |
Multiple sectors are invested in by corporate-backed Almi Invest. | almi.se/Almi-Invest/ | Lund, Sweden | ||
SEB is recognized as a leading Nordic corporate bank. | 1856 | sebgroup.com | Stockholm, Sweden | |
Potato farming, grain marketing, and equipment services are provided in Maine. | oxx.com | |||
| chalmerscap.com |
Investor details for Apica
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Logiqai Software India Private Limited (Apica)
Logiqai Software India Private Limited is the primary company behind Apica. The board of Logiqai Software India Private Limited currently have 4 directors; the longest-serving is Jay Swamidass, appointed in 2022. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jay Swamidass DIN 09729152 | Director | 07 Sep 2022 | 4 yrs 2 mo | Logiqai Software India Private Limited |
| Patrik Lennart DIN 10550499 | Director | 22 Mar 2024 | 2 yrs 7 mo | Logiqai Software India Private Limited |
| Svend Mathias DIN 10550520 | Director | 22 Mar 2024 | 2 yrs 7 mo | Logiqai Software India Private Limited |
| Divya Kurian DIN 10754453 | Director | 27 Aug 2024 | 2 yrs 2 mo | Logiqai Software India Private Limited |
People of Apica
3 people are tracked at Apica (3 in leadership); the tracked headcount is 30.
| Name | Role | Group |
|---|---|---|
Niclas Tollgard | Co-Founder | Leadership |
Johan Bengtsson | Co-Founder | Leadership |
Mathias Thomsen | CEO | Leadership |
Complete people profiles for Apica
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Apica
Figures of Logiqai Software India Private Limited, the primary company behind Apica, for FY 2026. Revenue was ₹7.72 Cr (+21% year on year). Net profit was ₹74.5 Lakh (10% margin). EBITDA was ₹1.12 Cr (14% margin). Revenue has grown at a compounded annual rate of +41% over three years and +62% over five years.
- ₹7.72 CrRevenue · FY 2026 · +21% YoY
- ₹74.5 LakhNet profit · 10% margin
- ₹1.12 CrEBITDA · 14% margin
- ₹10,131Paid-up capital
- 13Employees (provident fund records)
- +41%Revenue CAGR, 3 years
- +62%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Logiqai Software India Private Limited are on its company page.
Detailed financial statements for Apica
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Apica
Apica has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Circonus, LOGIQ and Orson Test Data.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Automated test data is generated for optimized software coverage. | orsontestdata.com | London, United Kingdom | 2015 | Nov 2024 | •••• | |
Provider of a cloud-based data analytics platform for real-time IT monitoring and alerting | circonus.com | Howard County, United States | 2010 | Feb 2024 | •••• | |
Cloud-based observability software provider | logiq.ai | San Jose, United States | 2019 | Aug 2023 | •••• | |
Platform offering performance testing software | proxy-sniffer.com | Langenthal, Switzerland | 2002 | Jun 2012 | •••• |
Complete acquisition details for Apica
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Apica
7 dated milestones of Apica across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Apica is founded.
- Funding First funding round of $73K.
- Acquisition Acquires Proxy Sniffer.
- Acquisition Acquires LOGIQ.
- Acquisition Acquires Circonus.
- Funding Latest funding round, Series E, of $6.0M.
- Acquisition Acquires Orson Test Data.
Web traffic of Apica
The website of Apica (apica.io) receives about 18.4K visits a month.
- Monthly visits18.4K
▲ 40.4% vs previous month
Websites whose visitors overlap most with Apica. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
redthunder.blog | redthunder.blog | 100% | #5,486,798 | – | |
| velotio.com | 92% | 33.4K | #941,794 | View details | |
| testkube.io | 91% | 25.1K | #1,195,068 | View details | |
| dash0.com | 90% | 139.1K | #364,457 | View details | |
overcast.blog | overcast.blog | 90% | #669,530 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for Apica
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- 22 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
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Related news about Apica
Complete news archive for Apica
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Frequently Asked Questions about Apica
Apica was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Apica is headquartered in Stockholm, Sweden.
Mathias Thomsen is the CEO of Apica, as recorded in our data.
Apica is a funded company, having raised a total of $53.78M across 9 funding rounds to date. The company's 1st funding round was a Seed of $73.44K, raised on May 2007.
Apica has 30 employees.
The primary company behind Apica, Logiqai Software India Private Limited, reported revenue of ₹7.72 Cr for FY 2026, up 21% year on year.
Apica was founded in 2005 in Stockholm, Sweden, within the software observability sector. A cloud-based platform is operated to instrument, generate, collect, and export telemetry data for analyzing application performance and behavior. Operations include proactive incident management, business outcome metrics tracking, white glove assistance, transparent pricing structures, device and authentication management, application oversight, and IT scale automation. The solution supports global users in performance monitoring.
Apica offers Telemetry Pipeline, Data Management, and Active Observability.
Apica has made 4 acquisitions, including Circonus, LOGIQ, and Orson Test Data.
Apica has 10 investors. Key investors include SEB, Leo Capital, RAC, Oxx, and Industrifonden.
Apica operates through Logiqai Software India Private Limited.
The legal entities of Apica currently have 4 directors, including Jay Swamidass, Patrik Lennart, Svend Mathias and others.