6 years ago

Zid Raises $2 Million in Pre-Series A Funding

  • Zid, a Riyadh-based Shopify-like e-commerce management startup, has raised $2 million in Pre-Series A funding

  • The round was led by the VC arm of Elm, a leading Saudi technology company, and joined by China’s MSA Capital, Kuwait’s Arzan VC and some angel investors

  • Zid enables people to create their online stores and manage them without having any technical knowledge through Zid’s web or mobile apps

  • The startup plans to use the investment to attract new segments in the retail industry and expand into new geographical markets.

      • ProblemTechnology

      "Setting up an online store requires technical knowledge, which can be a barrier for many people and businesses."

      Solution

      "Zid provides an e-commerce management platform that allows users to set up and manage their online stores without needing technical expertise, with integrated services and discounted prices for various services such as delivery, payments, product photography, packaging, and more."

      Covered on