Elm (IT Services and IT Consulting) Overview
- Investor Type
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Strategic Acquirer
- Status
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Active
- Professionals
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2
- Investments
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28
- Portfolio
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14
- Exits
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1
Elm (IT Services and IT Consulting) General Information
Company Description
ELM mainly offers ready-made and customized digital solutions across different areas. Its ready-made solutions serve a broad segment of customers, who can subscribe to different packages of their choosing to meet their needs and satisfy business requirements. The services offered by the group include consulting, digital products, technical solutions, and business outsourcing, among others. The group's reportable segments are: digital business, business process outsourcing, and professional services. Maximum revenue is generated from the digital business, which includes ready-to-use solutions in the form of technical services, portals, electronic applications, and related support work, developed by the group to solve an existing problem or fill an existing service gap for its clients.
Business Details
Website
www.elm.saYear Founded
Investor Status
Primary Investor Type
Corporate Office
- Al Thaghr, Digital City 6614
- Al Nakheel District - Unit Number 2
- Riyadh 12382-4182
- Saudi Arabia
Elm (IT Services and IT Consulting) Investments & Acquisitions (28)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Sirdab | 03-Sep-2026 | Later Stage VC | Business/Productivity Software | Generating Revenue | ||
| Madar Logistic Platform | 16-Dec-2025 | Logistics | Generating Revenue | |||
| THIQAH | 21-Apr-2025 | IT Consulting and Outsourcing | Generating Revenue | |||
| Smart National Solutions | 12-Feb-2025 | IT Consulting and Outsourcing | Generating Revenue | |||
| Syarah | 03-Sep-2024 | Automotive | Generating Revenue | |||
| Youverify | 14-Mar-2024 | Business/Productivity Software | Generating Revenue | |||
| FlyAkeed | 22-Aug-2023 | Media and Information Services (B2B) | Generating Revenue | |||
| Telgani | 15-Feb-2023 | Automotive | Generating Revenue | |||
| Klaim | 09-Feb-2023 | Seed Round | Other Healthcare Technology Systems | Generating Revenue | ||
| Carefer | 06-Feb-2023 | Later Stage VC | Business/Productivity Software | Out of Business |
Elm (IT Services and IT Consulting) Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Carefer | 23-Feb-2025 |
Elm (IT Services and IT Consulting) Investments by Industry, Year, and Region
Elm (IT Services and IT Consulting) Co-Investors (29)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Artal Capital | 2 |
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| BECO Capital |
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| Cedar Mundi Ventures |
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| Impact46 |
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| Raed Ventures |
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Elm (IT Services and IT Consulting) Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| THIQAH | Riyadh, Saudi Arabia | 2012 |
Elm (IT Services and IT Consulting) FAQs
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What is Elm (IT Services and IT Consulting)?
ELM mainly offers ready-made and customized digital solutions across different areas.
-
When was Elm (IT Services and IT Consulting) founded?
Elm (IT Services and IT Consulting) was founded in 1988.
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Where is Elm (IT Services and IT Consulting) headquartered?
Elm (IT Services and IT Consulting) is headquartered in Riyadh, Saudi Arabia.
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How many investments has Elm (IT Services and IT Consulting) made?
Elm (IT Services and IT Consulting) has made 28 investments.
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What has Elm (IT Services and IT Consulting) invested in?
Elm (IT Services and IT Consulting) has made numerous investments in companies like Sirdab, Madar Logistic Platform, and THIQAH within the Business/Productivity Software, Logistics, and IT Consulting and Outsourcing industries.
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What has Elm (IT Services and IT Consulting) invested in recently?
Elm (IT Services and IT Consulting)'s latest investment was on 03-Sep-2026 in Sirdab, a company within the Business/Productivity Software industry.
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