Soum
ActiveMarketplace app for buying and selling used electronics and cars, with a 10-day return guarantee and interest-free instalments
Soum (legal name شركة منصة سوم للتجارة) is a Saudi consumer-to-consumer marketplace for second-hand goods. It started with used electronics and has added cars. The platform offers quality checks, a return guarantee and instalment payments, and it reported 4 million downloads in Saudi Arabia at its Series A in December 2023.
Founders
Funding Rounds
Lead: Jahez
Investors: Jahez, Isometry Capital, Khwarizmi Ventures, Alrajhi Partners, Outliers Venture Capital
Investors: Jahez, Isometry Capital, Khwarizmi Ventures, Alrajhi Partners, Outliers Venture Capital.
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