About Sapiens
Sapiens is a company based in Holon (Israel) founded in 1982 was acquired by Advent International in August 2025.. The company has 4,850 employees as of December 31, 2024. Sapiens has completed 12 acquisitions, including AdvantageGo, Calculo and Candela Labs. Sapiens offers products and services including IDITSuite, CoreSuite, SCIPSuite, and DigitalSuite. Sapiens operates in a competitive market with competitors including ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, among others.
- Headquarter Holon, Israel
- Employees 4850 as on 31 Dec, 2024
- Stage Public
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Sapiens International Corporation N.V.
-
Annual Revenue
$542.38 M5.4as on Dec 31, 2024
-
Net Profit
$72.18 M15.59as on Dec 31, 2024
-
EBITDA
$105.33 M5.61as on Dec 31, 2024
-
Latest Funding Round
$7.11 M (USD), Post-IPO
Sep 06, 2011
-
Investors
Formula Group
& 2 more
-
Employee Count
4850
as on Dec 31, 2024
-
Investments & Acquisitions
AdvantageGo
& 11 more
-
Acquired by
Advent International
(Aug 13, 2025)
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
IPO & Listings of Sapiens
Sapiens is a publicly listed company on the NASDAQ with ticker symbol SPNS in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Sapiens
Sapiens offers a comprehensive portfolio of products and services, including IDITSuite, CoreSuite, SCIPSuite, and DigitalSuite. 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.
Software for managing property and casualty insurance processes.
Platform for administering life and pensions operations.
Tools for reinsurance management and risk analysis.
Solutions for digital insurance services and automation.
Unlock access to complete
Software Development Team
220 people
Leadership Team
81 people
Product Management Team
73 people
Senior Team
60 people
Human Resources and Administration
38 people
Sales and Marketing
37 people
Finance and Accounting
21 people
Lead Team
20 people
Unlock access to complete
Funding Insights of Sapiens
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $7.1M
-
First Round
First Round
(27 Dec 2000)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2011 | Amount | Post-IPO - Sapiens | Valuation |
investors |
|
| Jun, 2007 | Amount | Post-IPO - Sapiens | Valuation |
investors |
|
| Dec, 2000 | Amount | Post-IPO - Sapiens | Valuation |
investors |
| 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 Sapiens
Sapiens has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Formula Group, Magnum Technologies Inc and Advent International. 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 |
|---|---|---|---|---|
|
Private equity firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
IT services and solutions are provided by Formula Systems.
|
Founded Year | Domain | Location | |
|
Magnum Technologies Inc is recognized as a leading IT services company specializing in consulting and software solutions.
|
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 Sapiens
Sapiens has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include AdvantageGo, Calculo and Candela Labs. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Digital marketing and insurance services are provided by sum.cumo.
|
2010 | ||||
|
Financial consulting services are offered by Knowledgeprice.com.
|
2008 | ||||
|
Delivers range of technology solutions & services to insurance carriers, agents, and broker-dealers.
|
2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Sapiens
| 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 |
Sapiens Comparisons
Competitors of Sapiens
Sapiens 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 ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, 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 |
Insurance policy and claim management solutions for the insurance industry
|
|
| domain | founded_year | HQ Location |
Cloud-based solutions for insurance policy management and underwriting are offered.
|
|
| domain | founded_year | HQ Location |
AI-based software suite is provided for banking and insurance sectors.
|
|
| domain | founded_year | HQ Location |
Cloud-based policy management and underwriting solutions for insurance are provided.
|
|
| domain | founded_year | HQ Location |
A platform for digital insurance distribution and management is provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based software solutions for credit insurers, surety bonds & trade finance
|
| 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.
|
Latest news on Sapiens
Frequently Asked Questions about Sapiens
When was Sapiens founded?
Sapiens was founded in 1982 and raised its 1st funding round 18 years after it was founded.
Where is Sapiens located?
Sapiens is headquartered in Holon, Israel.
How many employees does Sapiens have?
As of Dec 31, 2024, the latest employee count at Sapiens is 4,850.
What is the annual revenue of Sapiens?
Annual revenue of Sapiens is $542.38M as on Dec 31, 2024.
What does Sapiens do?
Founded in 1982 and based in Holon, Israel, operations are focused on the insurance industry. Solutions for policy administration, point-of-sale configurations, product illustrations, underwriting, and new business case management are developed. Benefits enrollment is managed, alongside claims processing, customer relations, and payment systems. Compliance tools are integrated to support global insurance workflows.
Who are the top competitors of Sapiens?
What products or services does Sapiens offer?
Sapiens offers IDITSuite, CoreSuite, SCIPSuite, and DigitalSuite.
Is Sapiens publicly traded?
Yes, Sapiens is publicly traded on NASDAQ under the ticker symbol SPNS.
How many acquisitions has Sapiens made?
Sapiens has made 12 acquisitions, including AdvantageGo, Calculo, and Candela Labs.
Who are Sapiens's investors?
Sapiens has 3 investors. Key investors include Formula Group, Magnum Technologies Inc, and Advent International.
What is Sapiens's ticker symbol?
The ticker symbol of Sapiens is SPNS on NASDAQ.