About APICORP
APICORP is a company based in Dammam (Saudi Arabia) founded in 1975.. APICORP has completed 2 acquisitions, including Ashtead Technology and SMI. APICORP operates in a competitive market with competitors including Bank of America, FIS, State Street, SimCorp and Savola Group, among others.
- Headquarter Dammam, Saudi Arabia
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Sectors
Financial Services
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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
$750 M (USD), Debt – Conventional
Oct 06, 2021
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Ashtead Technology
& 1 more
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Funding Insights of APICORP
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $750.0M
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First Round
First Round
(26 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Debt – Conventional - APICORP | Valuation |
investors |
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| Jun, 2020 | Amount | Debt – Conventional - APICORP | Valuation |
investors |
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| May, 2019 | Amount | Debt – Conventional - APICORP | Valuation |
investors |
| 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 APICORP
APICORP has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include alfanar. 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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Electrical construction products are manufactured for various applications.
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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 APICORP
APICORP has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ashtead Technology and SMI. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Subsea equipment rental and solutions provided for offshore energy sector.
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1985 | ||||
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CNC turning, machining, and manufacturing services are provided.
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1982 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - APICORP
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Apicorp Comparisons
Competitors of APICORP
APICORP operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bank of America, FIS, State Street, SimCorp and Savola Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Software suites for banks and financial institutions are provided.
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| domain | founded_year | HQ Location |
Financial services are provided to asset managers worldwide.
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| domain | founded_year | HQ Location |
Front and back-office solutions are delivered for investment managers.
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| domain | founded_year | HQ Location |
Diversified investment management firm
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| domain | founded_year | HQ Location |
An investment management firm specializing in diversified funds and portfolios.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Apicorp
Frequently Asked Questions about APICORP
When was APICORP founded?
APICORP was founded in 1975 and raised its 1st funding round 43 years after it was founded.
Where is APICORP located?
APICORP is headquartered in Dammam, Saudi Arabia. It is registered at Dammam, Eastern Province, Saudi Arabia.
Who is the current CEO of APICORP?
Khalid Alruwaigh is the current CEO of APICORP.
What does APICORP do?
APICORP was established in 1975 and is based in Dammam, Saudi Arabia. Operations are conducted within the financial sector, where investment management services are offered to support client portfolios. Focus is placed on asset allocation and advisory functions across the Middle East. The organization is led by CEO Khalid Alruwaigh, with activities centered on long-term investment strategies in energy and related industries.
Who are the top competitors of APICORP?
APICORP's top competitors include Bank of America, State Street and FIS.
How many acquisitions has APICORP made?
APICORP has made 2 acquisitions, including Ashtead Technology, and SMI.
Who are APICORP's investors?
APICORP has 1 investor. Key investors include alfanar.
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