About NEOM
NEOM is a company based in Tabuk (Saudi Arabia) founded in 1998 by Mohammad Bin Salman.. NEOM has completed 4 acquisitions, including 12snap, Gavitec and MOBOT. NEOM operates in a competitive market with competitors including DIFC, Qatar Financial Centre, DMCC, Dubai Industrial City and ADGM, among others.
- Headquarter Tabuk, Saudi Arabia
- Founders Mohammad Bin Salman
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Neomedia Technologies 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
$450 K (USD), Post-IPO
Jun 07, 2012
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
12snap
& 3 more
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Software Development Team
166 people
Leadership Team
74 people
![David Rogers [Cpa]](https://img.thecompanycheck.com/p/david_rogers_cpa_0e268903.webp)
Finance and Accounting
37 people
Product Management Team
36 people
Senior Team
32 people
Operations Team
30 people
Legal and Compliance
26 people
Sales and Marketing
25 people
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Funding Insights of NEOM
- Total Funding Total Funding
- Total Rounds 8
- Last Round Post-IPO — $450,000
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First Round
First Round
(30 Aug 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2012 | Amount | Post-IPO - NEOM | Valuation |
investors |
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| Sep, 2010 | Amount | Post-IPO - NEOM | Valuation |
investors |
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| Jun, 2010 | Amount | Post-IPO - NEOM | Valuation |
investors |
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| 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 NEOM
NEOM has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Yorkville Advisors. 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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Offers flexible capital to micro-cap and small-cap firms for growth.
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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 NEOM
NEOM has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 12snap, Gavitec and MOBOT. 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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Water bottles are designed, manufactured, and marketed by MOBOT brand.
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2013 | ||||
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Producer of machine vision products which can read numbers, letters, and symbols
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2012 | ||||
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Branding services are provided to clients by Sponge.
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2001 |
| 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 - NEOM
| 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 |
Neom Comparisons
Competitors of NEOM
NEOM 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 DIFC, Qatar Financial Centre, DMCC, Dubai Industrial City and ADGM, 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 |
Global financial centre promoting trade, investment, and innovation in Dubai.
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| domain | founded_year | HQ Location |
Provider of business consulting and financial services
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| domain | founded_year | HQ Location |
Futures and options broking services are provided by DMCC.
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| domain | founded_year | HQ Location |
Real estate properties and industrial parks are developed in Dubai.
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| domain | founded_year | HQ Location |
Offers financial center services for business establishment and operations in Abu Dhabi.
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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 Neom
Frequently Asked Questions about NEOM
When was NEOM founded?
NEOM was founded in 1998 and raised its 1st funding round 8 years after it was founded.
Where is NEOM located?
NEOM is headquartered in Tabuk, Saudi Arabia.
Who is the current CEO of NEOM?
Vishal Wanchoo is the current CEO of NEOM.
What does NEOM do?
NEOM was founded in 1998 and is based in Tabuk, Saudi Arabia. Sustainable urban development is pursued through projects that integrate technology, media, sport, and tourism sectors. Infrastructure for energy, water, food systems, and urban mobility is established. Business models, livability standards, and conservation efforts are redefined via comprehensive regional initiatives. Operations span multiple industries to support long-term environmental and economic goals.
Who are the top competitors of NEOM?
NEOM's top competitors include DMCC, Qatar Financial Centre and KAEC.
How many acquisitions has NEOM made?
Who are NEOM's investors?
NEOM has 1 investor. Key investors include Yorkville Advisors.
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