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Mazadak

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Riyadh, Saudi ArabiaFounded 2021Fintech
Valuation $50–100M Last recorded · 2024
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 Mazadak and the history behind them.

About Mazadak

Mazadak is an innovative e-commerce platform designed to facilitate transparent and secure transactions for both businesses and individuals. Operating primarily in the Kingdom of Saudi Arabia, Mazadak aims to be a key player in the nation's digital transformation as outlined in Vision 2030. The platform offers a variety of product categories such as cars, watercrafts, and watches, allowing users to buy, sell, or start auctions with ease. Mazadak's business model revolves around providing a reliable marketplace where all transactions are conducted with full transparency and credibility. The company ensures a fair process by meticulously examining all products before they are sold or received, thereby adding value to all parties involved. Revenue is generated through transaction fees and premium listing options. The platform also features sealed auctions, where bids are submitted confidentially, enhancing the security and fairness of the auction process. Mazadak serves a diverse clientele, including individual buyers and sellers, as well as businesses looking for a trustworthy marketplace to trade their goods. The company's commitment to reducing fraud and making operations safer aligns with its mission to be a pioneer in the digital transformation of Saudi Arabia.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Riyadh, Saudi Arabia
Employees
18
Open positions
None listed
Dealroom signal
43.2/100
Industry
Fintech
Sub-industry
Payments
Sector
Fintech, Online Auctions
Technology
Mobile app
Business model
Marketplace & ecommerce
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Mar 2024 $10M $40M Revival Studio ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Mazadak website traffic

Latest recorded traffic for Mazadak is 680 monthly website visits, down 84.5% over the last three months. Mazadak's team grew 5.9% over the past year.

Latest monthly visits680 3-month web change-84.5% 1-year team growth+5.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

1 investor on the cap table

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

Series A1 investor entered at this stage

  • Revival Studio
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
2 countries with
team presence
🇸🇦 Saudi Arabia84.6%
🇦🇪 United Arab Emirates7.7%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Mazadak 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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