What is Apica?
Founded in 2005 and headquartered in Stockholm, Sweden, Apica Systems specializes in offering a comprehensive platform designed for the testing, monitoring, and optimization of cloud and mobile applications. The company's solutions are critical for enterprises seeking to ensure the performance, reliability, and scalability of their digital services in complex, dynamic environments. Apica's platform addresses the growing need for robust application performance management (APM) tools in the modern IT landscape.
How much funding has Apica raised?
Apica has raised a total of $63.9M across 10 funding rounds:
Other Financing Round
$1.2M
Multiple Rounds
$6.2M
Series C
$5M
Private Equity
$12M
Series D
$12.7M
Other Financing Round
$10M
Other Financing Round
$16M
Other Financing Round (2010): $1.2M led by KTH Chalmers Capital and Almi Foretags
Other Financing Round (2011): $2.4M supported by Almi Foretags, KTH Chalmers Capital, and Industrifonden
Unspecified (2011): $1.9M, investors not publicly disclosed
Series B (2011): $2M backed by KTH Chalmers Capital and Industrifonden
Series C (2012): $5M with participation from SEB Venture Capital
Private Equity (2017): $12M led by KTH Chalmers Capital and Oxx
Series D (2018): $12.7M supported by SEB Venture Capital, KTH Chalmers Capital, Industrifonden, and Oxx
Other Financing Round (2023): $10M featuring Industrifonden and Oxx
Other Financing Round (2024): $16M, investors not publicly disclosed
Key Investors in Apica
Industrifonden
Industrifonden is a Swedish venture capital fund that invests in unique, scalable innovations aimed at improving society through breakthrough technologies and science. The fund focuses on areas such as deep tech, life sciences, and transformative tech, partnering with passionate founders to bring their ideas to life.
Oxx
Oxx partners with leading European B2B software scale-ups to unlock growth and build market-defining companies. They focus on supporting exceptional founders who have achieved Product Market Fit, providing tailored support and insights to drive long-term success.
SEB Venture Capital
SEB Venture Capital is an investment arm that provides capital and strategic support to growth-stage technology companies, leveraging the broader financial expertise of SEB Group.
What's next for Apica?
With its latest round of major strategic investment, Apica is poised to further enhance its platform capabilities and expand its market reach. This significant backing, part of its overall enterprise-level funding strategy, suggests a focus on scaling operations, accelerating product development, and potentially exploring new market segments. The company's trajectory indicates a strong emphasis on innovation and growth within the competitive application performance management sector.
See full Apica company page