About Apricus
Apricus is a company based in Boca Raton (United States) founded in 2023 by Ravi Thuraisingham and Gautam Chandra. Apricus has raised $28 million across 3 funding rounds from investors including Atlantic Union Bank, Blue Marlin Partners and CYWP Fund. Apricus has completed 1 acquisition, including Nexus Renewables. Apricus offers products and services including Solar Development Platform and Battery Energy Storage Systems. Apricus operates in a competitive market with competitors including Enel X, Recurrent Energy, Longroad Energy, Origis Energy and Hillman Group, among others.
- Headquarter Boca Raton, United States
- Founders Ravi Thuraisingham, Gautam Chandra
-
Sectors
Energy & Utilities
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$28 M (USD)
in 3 rounds
-
Latest Funding Round
$30 M (USD), Debt – Conventional
Mar 25, 2025
-
Investors
Atlantic Union Bank
& 2 more
-
Employee Count
Not available
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Apricus
Apricus offers a comprehensive portfolio of products and services, including Solar Development Platform and Battery Energy Storage Systems.
Platform for advancing distributed solar projects with expertise and capital.
Systems that store energy from renewables for flexible power availability.
Funding Insights of Apricus
Apricus has successfully raised a total of $28M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in March 2025. 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.
Investors in Apricus
Apricus has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Atlantic Union Bank, Blue Marlin Partners and CYWP Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
Flexible growth capital is provided by CYWP Fund.
|
Locked | Locked | Locked | |
|
Commercial banking services are provided throughout the United States.
|
Locked | Locked | Locked |
Investor details for Apricus
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Apricus
Apricus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Nexus Renewables.
Investment portfolio details for Apricus
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Developer of solar and wind energy projects
|
Locked | Locked | 2020 | Locked |
Complete acquisition details for Apricus
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Apricus
Detailed financials for Apricus
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Apricus Comparisons
Peer comparison for Apricus
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Apricus
Apricus 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 Enel X, Recurrent Energy, Longroad Energy, Origis Energy and Hillman Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Utility-scale renewable energy projects are developed by Enel X.
|
|
| Locked | Locked | Locked |
Utility-scale solar projects are developed and owned by Recurrent Energy.
|
|
| Locked | Locked | Locked |
Utility-scale wind and solar power projects are developed.
|
|
| Locked | Locked | Locked |
Utility-scale and commercial solar projects are developed worldwide.
|
|
| Locked | Locked | Locked |
Hardware and home improvement products are supplied to retail markets.
|
|
| Locked | Locked | Locked |
Provider of renewable energy asset development, construction, and operation services
|
Detailed competitors of Apricus
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Apricus
Complete news archive for Apricus
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Apricus
Apricus was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Apricus is headquartered in Boca Raton, United States. It is registered at Boca Raton, Florida, United States.
Ravi Thuraisingham is the current CEO of Apricus. They have also founded this company.
Apricus is a funded company, having raised a total of $28M across 3 funding rounds to date.
Apricus was founded in 2023 and is headquartered in Boca Raton, United States. Solar energy projects are developed by the company within the renewable energy sector. Operations focus on project initiation, design, and implementation to support sustainable power generation. Services encompass site assessment, engineering, and deployment of solar installations. Leadership is provided by co-founders Ravi Thuraisingham as CEO and Gautam Chandra.
Apricus's top competitors include Enel X, Longroad Energy and Recurrent Energy.
Apricus offers Solar Development Platform and Battery Energy Storage Systems.
Apricus has made 1 acquisition, including Nexus Renewables.
Apricus has 3 investors. Key investors include Atlantic Union Bank, Blue Marlin Partners, and CYWP Fund.