Rwaj raises $1.2M in pre-seed funding to build live shopping and auction marketplace across the Gulf region.
Amount Raised
$1.2 Million
Round Type
Pre-Seed
JeddahE CommerceMarketplaceFintechDescription
Jeddah-based Rwaj has raised $1.2 million in pre-seed funding to develop its live social shopping and auction marketplace. The platform enables sellers to livestream products, offer fixed prices, or run timed auctions while providing escrow-protected payments and integrated shipping. Rwaj addresses friction in social commerce by consolidating livestream selling, auctions, payments, and fulfillment into a single platform. The startup plans to use the capital to accelerate product development and regional expansion across Saudi Arabia and the Gulf.
Quick answer
Rwaj raised $1.2 Million in a Pre-Seed round, dated September 4, 2026. Rwaj is based in Jeddah, Makkah Region, Saudi Arabia.
- How much did Rwaj raise?
- Rwaj raised $1.2 Million in a Pre-Seed round on September 4, 2026.
- What does Rwaj do?
- Rwaj is a live social shopping and auction marketplace founded in 2024 that enables sellers to livestream products, offer them at fixed prices, or run timed auctions.
- Where is Rwaj based and how big is it?
- Rwaj is based in Jeddah, Makkah Region, Saudi Arabia. Fundz records about 8 employees.
- Who are the decision-makers at Rwaj?
- Fundz holds 2 contacts at Rwaj, including the Founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and Marketplace around the same time
Companies in the same sectors as Rwaj that raised within 45 days of this round, from Fundz verified event records.
- SpectrAxe raised $1.2M (Series A) on September 26, 2026.
- Dela raised $739K (Seed) on September 8, 2026.
- Treasure Global raised $1.2M (Post-IPO Equity) on October 15, 2026.
- Salehli raised $100K (Pre-Seed) on October 14, 2026.
- StubHub raised $171M (Debt Financing) on October 14, 2026.
- Snappy Group raised an undisclosed amount (Debt Financing) on October 13, 2026.
Who to call at Rwaj, and when
A new round usually means Rwaj is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Rwaj raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Rwaj, from your own LinkedIn network
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Related People
Rwaj raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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