About Initial Saudi
Initial Saudi is a company based in Jeddah (Saudi Arabia) founded in 1975 was acquired by Alesayi in September 2023.. Initial Saudi operates in a competitive market with competitors including The easiest service, FIXAaT, Basma Al Riyadh, Fixinfinity and Marjan Mahal, among others.
- Headquarter Jeddah, Saudi Arabia
-
Sectors
Business Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Alesayi
(Sep 23, 2023)
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
Funding Insights of Initial Saudi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Initial Saudi
Initial Saudi has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Alesayi Group. 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 |
|---|---|---|---|---|
|
A diversified conglomerate based in Saudi Arabia is operated.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Initial Saudi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Initial Saudi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Initial Saudi Comparisons
Competitors of Initial Saudi
Initial Saudi 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 The easiest service, FIXAaT, Basma Al Riyadh, Fixinfinity and Marjan Mahal, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Delivers comprehensive electrical services for repair and maintenance needs.
|
|
| domain | founded_year | HQ Location |
Delivers comprehensive air-conditioning, plumbing, and electrical repair services.
|
|
| domain | founded_year | HQ Location |
Provides comprehensive plumbing, cleaning, and other home services for efficient maintenance.
|
|
| domain | founded_year | HQ Location |
Provides mobile phone maintenance and repair services.
|
|
| domain | founded_year | HQ Location |
Offers comprehensive cooling and appliance repair services.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Initial Saudi
When was Initial Saudi founded?
Initial Saudi was founded in 1975.
Where is Initial Saudi located?
Initial Saudi is headquartered in Jeddah, Saudi Arabia. It is registered at Jeddah, Makkah Region, Saudi Arabia.
What does Initial Saudi do?
Initial Saudi was established in 1975 in Jeddah, Saudi Arabia. Operations are centered on facility maintenance services within the commercial and residential sectors. Pest control measures are implemented to manage infestations, while cleaning services cover interior and exterior spaces. Landscaping efforts include garden design and upkeep. The company serves clients across Saudi Arabia through its domain, initialsaudi.com, with a focus on reliable execution of these core activities.
Who are the top competitors of Initial Saudi?
Initial Saudi's top competitors include The easiest service, FIXAaT and Basma Al Riyadh.
Who are Initial Saudi's investors?
Initial Saudi has 1 investor. Key investors include Alesayi Group.