About JorAMCo
JorAMCo is a company based in Amman (Jordan) founded in 2000 was acquired by Dubai Aerospace Enterprise in September 2016.. JorAMCo offers products and services including Aircraft Maintenance and Repair Services.
- Headquarter Amman, Jordan
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Phone
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Website
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Social
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- Legal Name Joramco Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Dubai Aerospace Enterprise
& 1 more
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Employee Count
Employee Count
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Acquired by
Dubai Aerospace Enterprise
(Sep 20, 2016)
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Products & Services of JorAMCo
JorAMCo offers a comprehensive portfolio of products and services, including Aircraft Maintenance and Repair Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Maintenance and overhaul services for aircraft are provided by Joramco
Repair and component services are offered by Joramco in the aerospace field
Funding Insights of JorAMCo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2005 | Amount | Private Equity Round - JorAMCo | 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 JorAMCo
JorAMCo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Dubai Aerospace Enterprise and The Abraaj 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 |
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Private equity investments are managed in emerging markets globally.
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Founded Year | Domain | Location | |
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Aircraft maintenance, repair, and overhaul services are provided globally.
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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 JorAMCo
| 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 - JorAMCo
| 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 |
Joramco Comparisons
Competitors of JorAMCo
| 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 JorAMCo
When was JorAMCo founded?
JorAMCo was founded in 2000 and raised its 1st funding round 5 years after it was founded.
Where is JorAMCo located?
JorAMCo is headquartered in Amman, Jordan.
What does JorAMCo do?
JorAMCo was established in 2000 through privatization from Royal Jordanians Maintenance and Engineering Department. Aircraft maintenance, repair, and overhaul services are provided for Airbus, Boeing, Embraer, and Lockheed models. Operations are based in Amman, Jordan, within the aviation sector. A range of MRO activities is handled for regional clients in the Middle East.
What products or services does JorAMCo offer?
JorAMCo offers Aircraft Maintenance and Repair Services.
Who are JorAMCo's investors?
JorAMCo has 2 investors. Key investors include Dubai Aerospace Enterprise, and The Abraaj Group.