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Siin raised $3M in funding led by VentureSouq and Shift Group to accelerate regional expansion and consolidate its seller ecosystem.

PRIVATEMay 05, 2026•about 1 month ago

Amount Raised

$3 Million

Round Type

seed

Riyadh Region

Investors

Abdulla Al HashmiMussab Al HakamiSuhail Al GossaibiOqalPlus VcShift GroupVenture Souq

Description

Siin, a Riyadh-based live shopping marketplace, has closed a new funding round bringing its total amount raised to $3M. The round was led by VentureSouq and Shift Group, with participation from Plus VC and other regional investors. The funding will be used to boost its presence in key markets across the MENA region. Founded in 2024, Siin offers a unique live-shopping platform targeting the Gulf market.

Company Information

Company

Siin

Location

Riyadh Region, Saudi Arabia

About

Siin is a specialized live-shopping and social commerce marketplace targeting the Middle East and North Africa (MENA) region, with a primary focus on the Gulf (GCC) market. It enables users to buy and sell high-value goods through real-time livestreamed and gamified shopping experiences. Founded in 2024 by experienced professionals from Delivery Hero, Tap Payments, and Telp, Siin aims to enhance real-time engagement in its marketplace.

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Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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