When was Saipem founded?

Saipem was founded in 1957 and raised its 1st funding round 50 years after it was founded.

Where is Saipem located?

Saipem is headquartered in San Donato Milanese, Italy. It is registered at Houston, Texas.

How many employees does Saipem have?

As of Aug 31, 2026, the latest employee count at Saipem is 27224.

Is Saipem a funded company?

Saipem is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Sep 27, 2007.

When was the latest funding round of Saipem?

Saipem's latest funding was a $***** Grant (prize money) round on May 01, 2021, with participation from 1 investor.

Where does Saipem rank among its competitors?

Saipem ranks 3rd amongst 899 active competitors, of which 14 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Saipem, which secured $2.1M in May, 2021.

Who are the top competitors of Saipem?

Saipem's top competitors include J Kumar Infraprojects, Raheja Universal and NBCC. Among them, Saipem secured the most recent funding round in May, 2021.

Saipem - 2026 Company Profile, Team, Funding & Competitors

Saipem is a public company based in San Donato Milanese (Italy), founded in 1957. It operates as an Integrated service provider to the oil and gas industry. Saipem has raised an undisclosed amount in funding. The company has 899 active competitors, including 14 funded and 87 that have exited. Its top competitors include companies like J Kumar Infraprojects, Raheja Universal and NBCC.

Company Details

Saipem is an Italian public company focused on the oil and gas industry. The company offers a wide range of services to both onshore and offshore oil and gas industry. The services include drilling services, engineering, procurement, construction (EPC) services and installation of pipelines etc. The company is listed on the Milan Stock Exchange since 1984. In 2019, the company recorded annual revenues of $10.2B, and a net profit of $0B.

Website: www.saipem.com/en
Email ID: *****@saipem.com
Phone Number: +39 **********
Registered Address: Houston, Texas

Key Metrics

Founded Year

1957

Location

San Donato Milanese, Italy

Stage

Public

Latest Funding Round

Grant (prize money), May 01, 2021, $*****

Investors

CDP Equity & 5 more

Ranked

3^rd among 899 active competitors

Employee Count

27,224 as on Aug 31, 2026

Investment & Acquisitions

Bouygues Offshore & 2 more

Similar Companies

Eddyfi Technologies & 13 more

Exit Details

Public

View Saipem's full profile

Saipem is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SAIPEM DRILLING NORWAY AS CIN: 998277418 , Norway, Active	Apr 12, 2012	-	221 (As on Dec 31, 2022)
SERVIZI ENERGIA ITALIA S.P.A. CIN: 928640434 , Norway, Active	May 03, 2012	-	-
LUIGI CONSTRUCTION AND TRANSPORT LTD CIN: 13399457 , United Kingdom, Active	May 13, 2021	-	1 (As on May 31, 2025)
SAIPEM INDIA PROJECTS PRIVATE LIMITED CIN: U28999TN2001PTC046866 , India, Active	Mar 28, 2001	₹1,000+ Cr (As on Mar 31, 2026)	2377 (As on Oct 31, 2024)
SAIPEM AMERICA, INC. CIN: 760310017 , United States, Active	Dec 26, 999	-	205 (As on Dec 31, 2024)	-

Saipem got listed on Jul 06, 1993.

Click here to take a look at Saipem's IPO in detail

Saipem has raised funding over 3 rounds. Its first funding round was on Sep 27, 2007. Its latest funding round was a Grant (prize money) round on May 01, 2021 for $*****. 1 investor participated in its latest round. Saipem has 6 institutional investors.

Here is the list of recent funding rounds of Saipem:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 01, 2021	1084712	Grant (prize money)	9899317	8771536	6160000	1948433
Jan 01, 2021	2142569	Grant (prize money)	9635731	1477604	5572928	Europa
Sep 27, 2007	3506595	Post IPO	3086694	7725132	3177807	Haldor Topsoe

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Saipem's employee count trend

Saipem has 27,224 employees as of Aug 26. Here is Saipem's employee count trend over the years:

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Top competitors of Saipem include J Kumar Infraprojects, Raheja Universal and NBCC. Here is the list of Top 10 competitors of Saipem, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	J Kumar Infraprojects 1980, Mumbai (India), Public	Developer of metro systems bridges, flyovers, skywalks, roads and urban infrastructure	-	-	55/100
2nd	Raheja Universal 1980, Mumbai (India), Funding Raised	Developer of real estate projects	-	Brand Capital	55/100
3rd	Saipem 1957, San Donato Milanese (Italy), Public	Integrated service provider to the oil and gas industry	-	CDP Equity, Eni Next & 4 others	53/100
4th	NBCC 1960, Delhi (India), Public	Provider of construction and infrastructure development services under the Indian ministry of housing	-	Baring Private Equity Partners	53/100
5th	SORAVIA 1989, Vienna (Austria), Unfunded	Developer of real estate projects	-	-	50/100
6th	Knowledge Economic City 2006, Medina (Saudi Arabia), Public	Developer of real estate projects	-	Savola Group, Taiba	49/100
7th	Tidhar 1993, Ra anana (Israel), Unfunded	Developer of real estate projects	-	-	49/100
8th	Dwell 1999, San Francisco (United States), Acquired	Website offering real estate project details	-	Zenstone Venture Capital, North Equity & 3 others	49/100
9th	Alliance Global 1993, Quezon City (Philippines), Public	Developer of real estate projects	-	-	44/100
10th	Domiki Kritis 1985, Heraklion (Greece), Public	Contract construction and civil engineering services provider	-	-	44/100

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Saipem has acquired 3 companies including Bouygues Offshore, Moss Maritime and Moss Maritime. Saipem has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 20, 2002	Acquisition	Bouygues Offshore	1952	Paris (France)
Jul 23, 2001	Acquisition	Moss Maritime	1971	Lysaker (Norway)
Sep 30, 2000	Acquisition	Moss Maritime	1971	Lysaker (Norway)