Soum Overview
- Year Founded
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2021
- Status
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Private
- Employees
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120
- Latest Deal Type
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Series A
- Latest Deal Amount
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$18M
- Investors
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8
Soum General Information
Description
Operator of a digital commerce platform intended to facilitate the buying and selling of used goods. The company offers a marketplace for used electronics and cars, financing, device and car subscriptions, and AI-based pricing tools, enabling consumers and businesses in Saudi Arabia to buy, sell, finance, and subscribe to used products through a digital platform.
Contact Information
Website
www.soum.saCorporate Office
- Al Thumamah Road, Al Rabie District
- Riyadh
- Saudi Arabia
Corporate Office
- Al Thumamah Road, Al Rabie District
- Riyadh
- Saudi Arabia
Soum Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Early Stage VC (Series A) | 20-Dec-2023 | $18M | Completed | Generating Revenue | ||
| 1. Seed Round | 30-Dec-2021 | Completed | Stealth |
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Soum Comparisons
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Soum Competitors (1)
One of Soum’s competitors is Cartlow, a Formerly VC-backed company based in Dubai, United Arab Emirates.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cartlow | Formerly VC-backed | Dubai, United Arab Emirates |
Soum Related Research & Analysis
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Soum Signals
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Majestic Referring Domains
Soum Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Isometry Capital | Hedge Fund | Minority | ||
| Jahez Group | Corporation | Minority | ||
| AlRajhi Partners | Family Office | Minority | ||
| Angel (individual) | Minority | |||
| Khwarizmi Ventures | Venture Capital | Minority |
Soum FAQs
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When was Soum founded?
Soum was founded in 2021.
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Where is Soum headquartered?
Soum is headquartered in Riyadh, Saudi Arabia.
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What is the size of Soum?
Soum has 120 total employees.
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What industry is Soum in?
Soum’s primary industry is Specialty Retail.
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Is Soum a private or public company?
Soum is a Private company.
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What is Soum’s current revenue?
The current revenue for Soum is .
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How much funding has Soum raised over time?
Soum has raised $22M.
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Who are Soum’s investors?
Isometry Capital, Jahez Group, AlRajhi Partners, , and Khwarizmi Ventures are 5 of 8 investors who have invested in Soum.
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Who are Soum’s competitors?
Cartlow is a competitor of Soum.
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