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Soum

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On a mission to reimagine recommerce in the MENA region and beyond, building the most convenient, trustworthy, and transparent recommerce marketplace in the region

Saudi ArabiaFounded 2021eCommerce & Marketplaces
Valuation $100–250M Last recorded · 2023
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Soum and the history behind them.

About Soum

Soum.sa is a dynamic startup that operates a trusted online platform for buying and selling used mobile phones and electronics in Saudi Arabia. The company caters to a wide range of clients, including individual consumers looking for affordable, high-quality devices and sellers aiming to get the best value for their used electronics. Soum.sa stands out in the market by offering a seamless and secure transaction process, ensuring both buyers and sellers have a hassle-free experience.

The business model of Soum.sa is straightforward yet effective. Sellers list their used devices on the platform, setting their own prices. Once a device is sold, the seller ships it for free to the buyer using a selected shipping carrier. The platform ensures the device is verified before the payment is securely transferred to the seller. This model not only guarantees the quality of the products but also builds trust among users.

Soum.sa generates revenue through transaction fees and possibly through premium listing options, where sellers can pay to have their items featured more prominently on the platform. The company may also earn from partnerships with shipping carriers and other service providers.

The market for used electronics is growing, driven by consumers' increasing demand for affordable yet high-quality devices. Soum.sa taps into this market by offering significant savings on popular electronics like iPads, monitors, and smartwatches. The platform's commitment to quality and secure transactions makes it a preferred choice for many in Saudi Arabia.

In summary, Soum.sa is revolutionizing the used electronics market in Saudi Arabia by providing a reliable, secure, and user-friendly platform for buying and selling devices. The company's focus on quality assurance, diverse payment methods, and free shipping makes it a standout player in this niche market.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Saudi Arabia
Employees
121
Open positions
20
Dealroom signal
74.1/100
Industry
Consumer Electronics
Sector
eCommerce & Marketplaces
Technology
Mobile app
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Dec 2023 $18M $72M AlRajhi Partners · Isometry Capital · Outliers Venture Capital · Khwarizmi Ventures ↗
SEED✓Equity / VC Mar 2022 $4M $16M Mazen Al Jubeir · Ammar AlKhudairy · Outliers Venture Capital · Khwarizmi Ventures ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

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

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Soum website traffic

Latest recorded traffic for Soum is 100K monthly website visits, down 28.6% over the last three months. Soum's team grew 7.1% over the past year.

Latest monthly visits100K 3-month web change-28.6% 1-year team growth+7.1%
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

9 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

Series A3 investors entered at this stage

  • Jahez
  • AlRajhi Partners
  • Isometry Capital

Other known investors2 additional known investors

  • National Technology Development Program
  • Next Era Initiative By NTDP
Team profiled 17 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 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
8 countries with
team presence
🇸🇦 Saudi Arabia43.6%
🇪🇬 Egypt28.7%
🇵🇰 Pakistan20.2%
🇦🇪 United Arab Emirates3.2%
🇳🇬 Nigeria1.1%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

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