Salla raised $130M in a Pre-IPO funding round co-led by Investcorp and Sanabil, with the participation of STV as the largest investor.
Amount Raised
$130 Million
Round Type
Venture
MakkahSoftwareE CommerceSaaSCRMInvestors
Description
Salla, a leading SaaS e-commerce enabler in Saudi Arabia, raised $130 million in a Pre-IPO funding round co-led by Investcorp and Sanabil, with the participation of STV as the largest investor. This new investment represents a milestone in Salla’s journey and a testament to the platform’s monumental impact on the regional e-commerce ecosystem.
Quick answer
Salla raised $130 Million in a funding round, dated March 7, 2024. Investors: Stv, Investcorp and Sanabil. Salla is based in Makkah, Makkah Region, Saudi Arabia.
- How much did Salla raise?
- Salla raised $130 Million in a funding round on March 7, 2024.
- Who invested in Salla?
- Stv, Investcorp and Sanabil are named as investors in this round.
- What does Salla do?
- A leading SaaS e-commerce enabler in Saudi Arabia, providing a comprehensive SaaS solution integrated with over 400 applications, empowering merchants to seamlessly build their e-commerce websites, manage inventories,..
- Where is Salla based and how big is it?
- Salla is based in Makkah, Makkah Region, Saudi Arabia.
- Who are the decision-makers at Salla?
- Fundz holds 1 contact at Salla. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and SaaS around the same time
Companies in the same sectors as Salla that raised within 45 days of this round, from Fundz verified event records.
- Zepic raised $2.1M (Pre-Seed) on April 18, 2024.
- SingleInterface raised $30M (Series A) on April 4, 2024.
- Innoviti raised $5.2M (Series E) on April 1, 2024.
- Innoviti raised $5.2M (Series E) on April 1, 2024.
- Foccuz raised $700K (Seed) on March 22, 2024.
- Screendragon Ltd raised $27M (Funding Round) on February 6, 2024.
Who to call at Salla, and when
A new round usually means Salla is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Salla raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Salla, from your own LinkedIn network
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Related People
Salla 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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