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COMPANY PROFILE

Zension

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Platform that provides device subscription, trade-in, buyback, and protection services to promote circularity in the mobile device industry

Riyadh, Saudi ArabiaFounded 2016eCommerce & Marketplaces
Valuation $100–250M Last recorded · 2025
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 Zension and the history behind them.

About Zension

Zension Technologies is a leading subscription e-commerce platform focused on consumer electronics and mobile devices, with operations centered in the GCC region, particularly Saudi Arabia and the UAE. Founded in 2018, Zension is pioneering a circular economy approach in the tech industry, aiming to maximize device lifespan and minimize electronic waste. Its core offering, Zaam, enables users to access the latest personal tech devices-such as smartphones, laptops, and wearables-for an affordable monthly fee, with the flexibility to upgrade after 12 months and enjoy unlimited repairs and replacements. This model stands in contrast to traditional ownership, offering greater flexibility and sustainability.

Beyond subscriptions, Zension partners with major retailers to provide buyback, extended warranty, and device protection services, as well as a trade-in program that gives cash for old devices, ensuring they are reused or recycled rather than discarded. The company’s proprietary platform leverages real-time data and predictive analytics to optimize device lifecycle management and pricing, supporting both consumer convenience and environmental responsibility.

With over 1.5 million device subscriptions across 25 cities, Zension has established itself as the largest device services platform in the GCC, trusted by leading brands in the region. Recent funding, including a $30 million Series A round led by Wa’ed Ventures (Saudi Aramco), is fueling further growth and innovation in sustainable tech consumption.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Riyadh, Saudi Arabia
Employees
71
Open positions
None listed
Dealroom signal
55.6/100
Industry
Consumer Electronics
Sector
eCommerce & Marketplaces, Consumer Goods, Consumer Electronics, Waste Reduction, Second Hand, Sustainable Development Goals, Electronics, Marketplace & Ecommerce, Climate Tech, Circular Economy
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jan 2025 $30M $120M Sumitomo · Wa'ed Ventures · Global Ventures ↗
SERIES A✓Equity / VC Jul 2018 $0 — Global Ventures —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Zension website traffic

Latest recorded traffic for Zension is 40 monthly website visits, down 93.3% over the last three months. Zension's team grew 0% over the past year.

Latest monthly visits40 3-month web change-93.3% 1-year team growth0%
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

3 investors on the cap table

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

Series A3 investors entered at this stage

Team profiled 7 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
🇸🇦 Saudi Arabia · Riyadh HQ
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Market sentiment

Posts on X, past 7 days

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