S
Soum
eCommerce & Marketplaces · Saudi Arabia · Founded 2021
On a mission to reimagine recommerce in the MENA region and beyond, building the most convenient, trustworthy, and transparent recommerce marketplace in the region MoreLess
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.
Keywords: used electronics, mobile phones, Saudi Arabia, online platform, secure transactions, free shipping, quality assurance, affordable prices, user-friendly, trusted marketplace.
Company overview
Soum company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2021
- Headquarters
- Saudi Arabia
- Employees
- 121
- Open positions
- 20
- Dealroom signal
- 74.1
Valuation & funding
Soum funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | ↗ |
| SUPPORT PROGRAM✓Other financing | Jan 2021 | $0 | — | Undisclosed | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $8M | 0% | 120 |
| 2025 | $8M | 0% | 113 |
| 2024 | $8M | 0% | 97 |
| 2023 | $8M | 0% | 62 |
| 2022 | $8M | — | 61 |
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.
Hiring
Open positions at Soum
Current openings linked to this company in Dealroom.
Comparisons
Soum compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
 DeelenPeer-to-peer sharing platform in Luxembourg that lets users rent out unused items to others, promoting access over ownership |
Luxembourg | Operational | — | — | — |
 SharPeer-to-peer rental marketplace for a wide range of goods. |
Lisbon, Portugal | Operational | |||
 EbinOnline marketplace offers repair and electronic selling services |
Chicago, United States | Operational | |||
 CirkularAI-powered platform revolutionising the way people sell household items by making selling as effortless as buying |
Munich, Germany | Operational | |||
 OVERCLOCKGaming |
— | Operational | |||
 KopakartShop Smart, Save more |
Kitwe, Zambia | Operational | |||
 GetTechGet the most €€€ for your phone with free collection |
Cork, Ireland | Operational | |||
| STShandong Liduoduo TradingA diversified blind box trendy e-commerce platform, focusing on diversified fun shopping | China | Operational |
Talent graph
Soum's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Soum has talent and traffic
team presence
In the news
Latest news about Soum
Recent press, funding announcements, and product moves mentioning Soum — open to read from the original sources.
Market sentiment
What the market is saying about Soum
An AI-synthesized read of the highest-engagement posts about Soum 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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