Soum is a consumer-to-consumer (C2C) marketplace provider with a focus on second-hand goods. Soum’s mission is to re-imagine recommerce in the MENA region and beyond by providing a platform that guarantees safe transactions between buyers and sellers. Soum holds your money until you make sure that your product matches the specifications, and provides you with a variety of products at clear and competitive prices. Soum delivers your product from the seller to your doorstep. Soum ensures that the goods are as described, or they will refund your money in full.
Employees: 11-50
Total raised: $4M
Investors 1
| Date | Name | Website |
| - | Khwarizmi ... | khwarizmiv... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 13.03.2022 | Seed | $4M | - |
Mentions in press and media 5
| Date | Title | Description | Source |
| 17.01.2024 | Secondhand product marketplace Soum raised $18 M Series A fu... | The secondhand product marketplace Soum, with its headquarters in Riyadh, has raised $18 million in ... | incubees.c... |
| 02.01.2024 | "We Got Funded!" KSA-Based Soum Raises US$18 Milli... | - | entreprene... |
| 21.12.2023 | Saudi Arabian platform for used-electronics Soum raises $18m... | Saudi Arabia-based used-electronics platform Soum has raised $18 million in a Series A funding round... | dealstreet... |
| 20.12.2023 | Re-commerce marketplace Soum gets $18M backing to scale in M... | The global re-commerce market is poised for growth as consumers increasingly settle for pre-owned go... | techcrunch... |
| - | Soum | “Home” | fastfounde... |