Unicorns in Saudi Arabia
Dealroom tracks 8 unicorns headquartered in Saudi Arabia — companies that reached a verified $1B+ valuation — worth $21.3B combined, plus 5 thoroughbreds generating $100M+ in annual revenue. Updated August 2026.
Every unicorn in Saudi Arabia
All 8 companies headquartered in Saudi Arabia that reached a verified $1B+ valuation, ranked by latest valuation. Click a company for its full Dealroom profile.
| # | Company | Sector | HQ | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | noon | eCommerce & Marketplaces | Riyadh | 2016 | $10B | Private |
| 2 | tabby | Fintech | Riyadh | 2019 | $4.5B | Private |
| 3 | Rasan | Fintech | Riyadh | 2015 | $2.4B | IPO 2024 |
| 4 | Ninja | Transportation | Riyadh | 2022 | $1.5B | Private |
| 5 | Tamara | Fintech | Riyadh | 2020 | $1B | Private |
| 6 | Salla | Marketing | Makkah Al Mukarramah | 2016 | $1B | Private |
| 7 | Jahez | eCommerce & Marketplaces | Riyadh | 2016 | $566M | IPO 2022 |
| 8 | Nice One | eCommerce & Marketplaces | Riyadh | 2016 | $302M | IPO 2025 |
Thoroughbreds — the $100M+ revenue tier
Dealroom's revenue milestone: 5 Saudi Arabia companies past $100M in annual revenue, proof of traction beyond paper valuations.
| # | Company | Sector | HQ | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | Foodics | Food | Riyadh | 2014 | $1B | Private |
| 2 | Thiqah | AI | Riyadh | 2012 | $906M | Private |
| 3 | TruKKer | Transportation | Riyadh | 2015 | $600M | Private |
| 4 | Calo | Food | Riyadh | 2019 | $250M | Private |
| 5 | Syarah | Transportation | Riyadh | 2015 | $240M | Private |
Frequently asked questions
How many unicorns are there in Saudi Arabia?
Dealroom tracks 8 unicorns headquartered in Saudi Arabia as of August 2026, worth $21.3B combined. 1 of them are valued at $10B or more.
What are the biggest unicorns in Saudi Arabia?
The three most valuable are noon, tabby, Rasan. Riyadh is the top hub with 7 of them.
What counts as a unicorn — and what is a thoroughbred?
A unicorn is a company that reached a $1B+ valuation, verified by Dealroom. A thoroughbred is Dealroom's revenue-based tier: a startup-era company generating $100M+ in annual revenue — traction, not just paper valuation.