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Ninja

Transportation · Riyadh, Saudi Arabia · Founded 2022

Quick commerce platform for groceries and essentials MoreLess

Ninja is a Saudi Arabia-based quick commerce (q-commerce) startup founded in 2022 by Ebrahim Al-Jassim, the founder of HungerStation, along with Saud Al Qahtani and Canberk Donmez. The company operates an on-demand delivery app that provides groceries, fresh produce, beauty products, household essentials, and pharmacy items in under 30 minutes.

The business model relies on a network of strategically located "dark stores," which are fulfillment centers not open to the public, combined with a proprietary operating system that manages technology, supply chain, and instant delivery logistics. This allows Ninja to offer rapid delivery services 24 hours a day. The company makes money by marketing and selling a wide range of products through its mobile application, serving B2C customers looking for convenience and speed.

Launched in Riyadh, Ninja quickly expanded its operations across Saudi Arabia and into other GCC countries, including Bahrain, Qatar, and Kuwait. In January 2023, the company raised a pre-seed round led by Bunat Ventures. By July 2025, Ninja secured a $250 million pre-IPO funding round led by Riyad Capital, which elevated its valuation to $1.5 billion and conferred it unicorn status. The company has achieved operational profitability and is preparing for a public listing on the Saudi Exchange (Tadawul) by 2027.

Keywords: quick commerce, q-commerce, grocery delivery, on-demand delivery, dark store, last-mile delivery, e-commerce, retail technology, Saudi Arabia, GCC, food delivery, mobile application, convenience retail, essential goods, online supermarket

Valuation $1–2.5B
Revenue $1–5B
Headcount 2–5k
Total funding $100–500M
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Ninja and the history behind them.

Talent graph

Ninja's talent

Book a demo to see the people
Employees mapped 2,574 incl. 2 AI specialists
Founders Hidden — book a demo/100 quality score
Key operators 25 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.

Investors

5 investors on Ninja's cap table

Sourced from Dealroom's funding history.

Seed 1 investor entered at this stage
Bunat Ventures
Series B+ 4 investors entered at this stage
Riyad Capital
Altiainvestment
VII Ventures
Tamasuk

Global footprint

Where Ninja has talent and traffic

Workforce by country
19 countries with
team presence
🇸🇦 Saudi Arabia84.3%
🇧🇭 Bahrain2.7%
🇪🇬 Egypt2.7%
🇵🇰 Pakistan2.4%
🇯🇴 Jordan2.1%
Top 5 of 19 shown
Web traffic by country
2M monthly visits
across markets
🇸🇦 Saudi Arabia81.9%
🇰🇼 Kuwait11.5%
🇹🇷 Turkey1.2%
🇪🇬 Egypt1%
🇮🇶 Iraq0.9%
Top 5 markets shown

Market sentiment

What the market is saying about Ninja

An AI-synthesized read of the highest-engagement posts about Ninja on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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