Z
Zension
Platform that provides device subscription, trade-in, buyback, and protection services to promote circularity in the mobile device industry
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jan 2025 | $30M | $120M | Sumitomo · Wa'ed Ventures · Global Ventures | ↗ |
| SERIES A✓Equity / VC | Jul 2018 | $0 | — | Global Ventures | — |
Growth signals
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.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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 A3 investors entered at this stage
Global Ventures
Sumitomo
Wa'ed Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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
See Zension’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.







