M
Mazadak
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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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Mar 2024 | $10M | $40M | Revival Studio | ↗ |
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Revival Studio
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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