# Saudi Telecom Company: portfolio, investments and team

> Saudi Telecom Company is a growth equity. 2 investments on record, latest Dec 2016. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/saudi-telecom-company-2 (Millionrounds; every figure on the page links to its filing or article)

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# Saudi Telecom Company

Last cheque observed Dec 2016. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Growth equity

Series B

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 2 on record

Since the last cheque **3599** days **00** hrs **00** min **00** sec

Median round **$350M** Rounds led **1 of 2** Exits **1 from the portfolio**

Pitch Saudi Telecom Company

## Saudi Telecom Company highlights

- 01 2 rounds on record
- 02 Mostly Series B: 100% of its rounds
- 03 Led 1 rounds
- 04 1 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2016** 1 round
- **Dec** **[Careem](https://millionrounds.com/company/careem)** AE · TechCrunch **$350M** *Led*
- **2013** 1 round
- **Apr** **[Gengo](https://millionrounds.com/company/gengo)** Series B · JP · techcrunch.com **$12M** With 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[Careem](https://millionrounds.com/company/careem)** Bought by Uber **$3.1B** Mar 2019

An exit counts when it came after the firm's first round in the company. From historical deal records.

## Companies it bought

Acquisitions by the firm itself

**Bravo Telecom** **$654M** Oct 2013

## The cheque

Series B

Median round joined **$350M** the round, not its cheque

Led 1 of 2 rounds **50%**

- **Sole investor:** Never alone
- **Last cheque:** Dec 2016
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Series B *1*

Cheques by year Led Joined

2013 2016

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## Quick answers about Saudi Telecom Company

### What does Saudi Telecom Company invest in?

Saudi Telecom Company invests most often at Series B (100% of the rounds on record).

### How active is Saudi Telecom Company?

2 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Dec 2016.

### What has Saudi Telecom Company invested in recently?

Its most recent investments on record: Careem (Undisclosed round, Dec 2016).

### How big are Saudi Telecom Company's cheques?

The median round it joins is $350M.

### Is Saudi Telecom Company investing now?

No investments in the last 12 months; the latest was in Dec 2016.

### What kind of investor is Saudi Telecom Company?

Saudi Telecom Company is a growth equity firm.

### Where does this information on Saudi Telecom Company come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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