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Soum logo — company profile

Soum

Founded 2021 11-50 employees Series A Total: $22.00M Marketplaces

General Information

Company Name Soum
Founded Year 2021
Employees 11-50
Industries Marketplaces
Funding Stage Series A
Social

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About Soum

**Soum** is a blossoming startup that is revolutionizing e-commerce in the MENA region and beyond. The company's mission is to establish the most convenient, trustworthy, and transparent e-commerce marketplace, with a primary focus on consumer electronics in Saudi Arabia. Founded in **2021**, Soum operates within the **Marketplaces** industry. The latest milestone for the company was a significant **$18.00M Series A investment** on **20 December 2023**, with funding secured from a consortium of notable investors including **Khwarizmi Ventures**, **Jahez International Company**, **Outliers Venture Capital**, **AlRajhi Partners**, and **Isometry Capital**. This sizeable investment served as a testament to the market's confidence in Soum's potential for growth and success.

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $18.00M 5
Khwarizmi Ventures Jahez International Company Outliers Venture Capital
Khwarizmi Ventures, Jahez International Company +3
20 Dec 2023
Seed Round $4.00M 4
Khwarizmi Ventures Outliers Venture Capital
Khwarizmi Ventures, Outliers Venture Capital +2
14 Mar 2022

Soum Alternatives & Competitors

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Soum vs
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FAQ About Soum

‍Soum is reimagining recommence in the MENA region and beyond by building the most convenient, trustworthy, and transparent recommence marketplace, starting with consumer electronics in Saudi Arabia.
Soum was founded in 2021.
Soum operates in Marketplaces.
Soum has approximately 11-50 employees.
Soum has completed 2 funding rounds, raising a total of $22.00M. The latest funding stage is Series A.
Top alternatives and competitors to Soum include vendi, Nuqtah, Vetwork Inc., Wikimart, Speero . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Soum and vendi are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Soum, https://bouncewatch.com/company/soum, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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