Elm - About the company
Elm is a public company based in Riyadh (Saudi Arabia), founded in 1988. It operates as a Provider of digital products, business solutions, and information technology consulting. The company has 42964 active competitors, including 315 funded and 1959 that have exited. Its top competitors include companies like Deloitte, EY and Gallagher.
Company Details
Provider of digital products, business solutions, and information technology consulting. The company delivers operational solutions and digital services designed to foster business growth. It offers customized solutions to enhance business processes and ensure operational success. The company also provides digital and operational solutions for project management and process optimization. Additionally, it delivers advisory services to help clients achieve their objectives.
- Website
- elm.sa
- Phone Number
- +966 **********
Key Metrics
Founded Year
1988
Location
Riyadh, Saudi Arabia
Stage
Public
Ranked
4th among 42964 active competitors
Employee Count
11,207 as on Aug 31, 2026
Similar Companies
Exit Details
Public
Elm's IPO details
Elm got listed on Feb 06, 2022.
Click here to take a look at Elm's IPO in detail
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Elm's funding and investors
Elm has not raised any funding rounds yet.
Elm's founders and board of directors
Founder? Claim ProfileElm's employee count trend
Elm has 11,207 employees as of Aug 26. Here is Elm's employee count trend over the years:
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Elm's Competitors and alternates
Top competitors of Elm include Deloitte, EY and Gallagher. Here is the list of Top 10 competitors of Elm, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Deloitte 1845, London (United Kingdom), Unfunded | Provider of audit, consulting, financial advisory, risk management, and tax services | $21.4M | 74/100 | |
2nd | EY 1989, London (United Kingdom), Funding Raised | Provider of professional services including assurance, consulting, strategy, transactions, and tax advisory | - | 73/100 | |
3rd | Gallagher 1927, Rolling Meadows (United States), Public | Provider of diversified insurance, brokerage, and risk management services | - | 72/100 | |
4th | Elm 1988, Riyadh (Saudi Arabia), Public | Provider of digital products, business solutions, and information technology consulting | - | - | 71/100 |
5th | ZS 1983, Evanston (United States), Funding Raised | Provider of strategic and management consulting services | - | 69/100 | |
6th | Booz Allen Hamilton 1914, Mclean (United States), Public | Provider of analytics, cybersecurity, and digital transformation services | $2.64M | 68/100 | |
7th | Analysys Mason 1985, London (United Kingdom), Acquired | Global leaders in TMT management consulting. | $21.6M | 67/100 | |
8th | McKinsey 1926, New York City (United States), Funding Raised | Global management consulting firm | - | 67/100 | |
9th | Sector agnostic accelerator focused on startups | $22M | 66/100 | ||
10th | PwC 1998, London (United Kingdom), Funding Raised | Provider of financial audit, strategy consulting, cloud transformation, assurance, and tax services | - | 66/100 |
Looking for more details on Elm's competitors? Click here to see the top ones
Elm's Investments and acquisitions
Elm has made 14 investments in companies including Sirdab and TOROD. Elm has also acquired 2 companies including thiqah and Tabadul.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 06, 2026 | Investments | 2022 | Riyadh (Saudi Arabia) | |
Feb 18, 2025 | Investments | 2021 | Riyadh (Saudi Arabia) | |
Jan 22, 2025 | Acquisition | 2012 | Riyadh (Saudi Arabia) |
See all investments by Elm
Reports related to Elm
Here is the latest report on Elm's sector:
News related to Elm
Media has covered Elm for a total of 4 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
•
Sirdab Raises $10M Series A Led by Elm and BECO Capital for GCC ExpansionSharikatmubasher•Sep 06, 2026•Elm, BECO Capital
•
Syria Tourism Ministry & Saudi Arabia's Elm sign digital transformation agreementTahawulTech.com•Feb 16, 2026•Elm
•
Elm and BENEFIT Bahrain Partner for Digital Financial InnovationNewsofbahrain•Nov 07, 2025•Elm, BENEFIT
•
TIER IV partners with Elm on autonomous driving solutions in Saudi ArabiaPR Newswire•Sep 26, 2025•Elm, Tier4 Robotics
•
Elm Secures $506 Million Loan from SNB for ExpansionZawya•Apr 07, 2025•Elm, National Commercial Bank
•
Saudi-based Torod secures $11.3M in Series A fundingAssiyaq•Feb 17, 2025•TOROD, Wa'ed Ventures, Elm, Impact46 and 2 others
•
Elm partners with Salam to explore public sector opportunitiesCapacity Media•Feb 11, 2025•Salam, Elm
•
Saudi Arabia’s Elm to acquire Thiqah from PIF for $907mGulf Business•Jan 23, 2025•Elm, Public Investment Fund, thiqah
•
Elm strikes agreement to acquire PIF stake in ThiqahGCC Business News•Jan 22, 2025•Elm, thiqah, Public Investment Fund
•
Elm and cBrain partner to Accelerate Government Digital Transformation in the regionGlobeNewswire•Nov 22, 2024•Elm, cBrain
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