Zid is an eRetail enablement company based in Saudi Arabia that was founded in 2017. The company's slogan, "زد، تمكنّك من التحول للتجزئة الحديثة" or "Zid enables you to become a modern retailer," speaks to its mission of Building Modern Retail. Zid empowers traditional retailers to transition into modern retail by providing a seamless online store setup process, integrating with payment, warehousing, and delivery providers, and granting access to professional service providers. In October 2022, the company secured a significant $50.00M Series B investment from a group of renowned investors, including Global Ventures, Saudi Aramco Energy Ventures, Endeavor Catalyst, Arzan Ventures, Impact46, MSA Novo, and Elm. Zid operates in the E-Commerce, Internet, and Retail industries, positioning itself at the forefront of digital transformation, and its recent funding round reflects the confidence of industry leaders in its potential for future growth.
