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AP Engines

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The industry's only complete oss integration platform for telephony and broadband service providers

United StatesFounded 1998Telecom
Valuation $100–250M Last recorded · 2001
Total funding $10–50M Disclosed equity funding
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About AP Engines

AP Racing Engines Limited operates as a specialized, family-run enterprise focused on the construction, development, and tuning of high-performance race engines. With a heritage spanning two generations involved in motorsports, the company has established a significant track record across a wide spectrum of motorsport disciplines, including International Rally, Autograss, Drag Racing, Touring Cars, Sprint, and Drifting. The firm serves a global clientele of motorsport teams and privateers, providing engines and products for various competitive formats.

The core of the business revolves around bespoke engine builds and precision tuning. The company possesses extensive experience with a variety of well-regarded engine platforms such as the C20XE (Red Top), Cosworth YB, Duratec, Pinto, and X-Flow, among others. Revenue is generated through these custom engine building and rebuilding services, tailored to either specific customer requirements or regulatory rulebooks. A key service is their advanced engine tuning, conducted on a modern rolling road dynamometer capable of measuring up to 600 BHP. This facility allows for the creation of 3D mapping to refine engine characteristics and simulate real-world conditions like wind or road incline, providing clients with detailed diagnostics and performance outputs.

A distinguishing feature of their service is a deep focus on port technology, which the company identifies as fundamental to maximizing torque and power. Their process involves airflow testing on all cylinder heads to ensure optimal design and performance, emphasizing that the shape and design of the port are more critical than sheer size. In addition to engine building, the company specializes in ECU mapping for a wide range of popular aftermarket systems, including DTA, Omex, and MBE. Every tuning session includes a comprehensive health check to ensure the vehicle is safe and to offer advice on potential performance enhancements, catering to a diverse range of vehicles from classic and vintage road cars to dedicated race cars.

Source: Dealroom company data

At a glance

Status
Closed
Founded
1998
Headquarters
United States
Open positions
None listed
Dealroom signal
0.0/100
Industry
Telecom
Sector
Telecom, SaaS, Platform
Technology
IoT InternetOfThings
Client focus
b2b
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Jun 2001 $30M $120M Bessemer Venture Partners · Thomas Weisel Partners · Enron · Lighthouse Capital Partners —
SERIES A✓Equity / VC Feb 2000 $10M $40M Bessemer Venture Partners · Atlas Venture · Commonwealth Capital Ventures —
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

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Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States HQ
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Market sentiment

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