Tech Company Financing Transactions
Soum Funding Round
On 12/20/2023, Soum received $18 million in Series A financing from Jahez Group, Abdulrahman Sulaiman Al Rajhi & Sons Investment Company and Isometry Capital.
Transaction Overview
Company Name
Announced On
12/20/2023
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
MarTech
Mailing Address
Undisclosed
Riyadh, Undisclosed
Saudi Arabia
Riyadh, Undisclosed
Saudi Arabia
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Operator of the re-commence marketplace intended to channel electronic commerce convenience, trustworthiness, and transparency. The company platform helps in buying and selling used electronic devices at a competitive price, it also guarantees that the goods match the description mentioned, enabling customers with a marketplace to resell and earn or buy good products at a price cut.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 12/20/2023: Claim venture capital transaction
Next: 12/20/2023: Phosphorus Cybersecurity venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs