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MakanE

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Helps merchants create online stores

Saudi ArabiaFounded 2012Marketing
Valuation $100–500M Latest valuation · 2022
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for MakanE and the history behind them.

About MakanE

MakanE operates as a dedicated e-commerce platform provider, enabling small and medium-sized enterprises (SMEs) to establish and expand their online retail presence. The company was founded in 2020 and has established its headquarters in Amman, Jordan, with additional offices in Saudi Arabia and the UAE. The founder, Moe Ghashim, currently serves as the Co-Founder & CEO.

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The firm's core business revolves around providing a suite of solutions for businesses looking to digitize their operations. MakanE's platform allows clients to create online stores and mobile applications without requiring technical expertise. The business model is structured to support merchants throughout their e-commerce journey, offering services that extend beyond initial setup. This includes integrated payment and shipping solutions, designed to streamline the sales process for their clients. The company serves a diverse client base, including SMEs, entrepreneurs, and specifically notes its role in empowering women and youth to generate sustainable income through digital commerce. Revenue is generated through tiered subscription plans for its platform.

The platform's key offerings include tools for building web and mobile storefronts, managing orders, and processing payments. It provides integrations with various payment gateways such as Tap, myFatoorah, Payfort, and PayPal, and also offers Buy Now, Pay Later (BNPL) options through a strategic partnership with ZoodPay. A significant value proposition is the assignment of a specialized team of marketing and e-commerce consultants to each client, tasked with providing guidance to foster growth. With over 12,000 customers across the Middle East, MakanE positions itself as a comprehensive partner for businesses entering or scaling in the MENA region's e-commerce market.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
Saudi Arabia
Employees
36
Open positions
None listed
Dealroom signal
77.4/100
Industry
Marketing
Sub-industry
Ecommerce Solutions
Sector
Marketing, Supply Chain Management, Merchant Tools
Business model
SaaS
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning MakanE.

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Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCEquity / VC Feb 2022 $25M $100M TQ Ventures
SERIES AEquity / VC Aug 2015 $500K $2M Wamda Capital · 500 Global · Silicon Badia · Oasis500
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
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Growth signals

MakanE website traffic

Latest recorded traffic for MakanE is 5.9K monthly website visits, down 21.3% over the last three months. MakanE's team grew 0% over the past year.

Latest monthly visits5.9K 3-month web change-21.3% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

7 investors on the cap table

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

Seed4 investors entered at this stage

  • 500 Global
  • Hala Fadel
  • Oasis500
  • MENA Venture Investments / MVI

Series A2 investors entered at this stage

Series B and later1 investor entered at this stage

  • TQ Ventures
Team profiled 26 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇯🇴 Jordan43.8%
🇸🇦 Saudi Arabia22.9%
🇪🇬 Egypt8.3%
🇦🇪 United Arab Emirates6.3%
🇺🇸 United States4.2%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about MakanE on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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