What is Apica?
Founded in 2005 and headquartered in Stockholm, Sweden, Apica Systems provides a sophisticated platform designed for the rigorous testing, monitoring, and optimization of cloud and mobile applications. The company operates at the intersection of DevOps and performance engineering, offering tools that ensure high availability and seamless user experiences for global enterprises. Through its comprehensive suite of solutions, Apica enables businesses to proactively identify bottlenecks and performance degradation, thereby maintaining operational resilience in increasingly distributed computing environments.
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 Almi Foretags and KTH Chalmers Capital
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 Oxx and KTH Chalmers Capital
Series D (2018): $12.7M supported by Oxx, SEB Venture Capital, Industrifonden, and KTH Chalmers Capital
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.
Oxx
Oxx partners with leading European B2B software scale-ups to unlock growth and build market-defining companies by providing tailored support and insights.
KTH Chalmers Capital
KTH Chalmers Capital is an investment firm focused on supporting early-stage technology ventures emerging from the Swedish academic and research ecosystem.
What's next for Apica?
With the recent infusion of capital, Apica is well-positioned to accelerate its product roadmap and expand its footprint in the competitive observability market. The company's strategic focus will likely center on enhancing its AI-driven diagnostic capabilities and deepening its integration with modern cloud-native architectures. As the demand for robust application performance management continues to rise, Apica's ability to deliver scalable, data-centric insights will be pivotal in maintaining its competitive advantage and driving long-term value for its stakeholders.
See full Apica company page