About Golden Scent
Golden Scent is a company based in Dammam (Saudi Arabia) founded in 2014 by Ronny Froehlich and Malik Al-Shehab.. Golden Scent operates in a competitive market with competitors including Namshi, Girlie Stuffs, Soft Care Cosmetics, Lookout Beauty and Aesthetic Today, among others.
- Headquarter Dammam, Saudi Arabia
- Founders Ronny Froehlich, Malik Al-Shehab
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Tenami
& 5 more
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Employee Count
Employee Count
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Funding Insights of Golden Scent
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series A - Golden Scent | Valuation | Tenami Capital |
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| Feb, 2019 | Amount | Series A - Golden Scent | Valuation | Wamda Capital , Wa'ed Ventures |
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| Nov, 2017 | Amount | Series A - Golden Scent | Valuation | Wa'ed Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Golden Scent
Golden Scent has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Tenami, Wamda Capital and Wa'ed Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Non-dilutive growth capital is provided to founder-led companies.
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Founded Year | Domain | Location | |
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Tech & Offline focused VC firm investing in seed & growth stage startups in the US & UAE
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Golden Scent
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Golden Scent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Golden Scent Comparisons
Competitors of Golden Scent
Golden Scent operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Namshi, Girlie Stuffs, Soft Care Cosmetics, Lookout Beauty and Aesthetic Today, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online retailer of multi-category fashion products for men, women & kids
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| domain | founded_year | HQ Location |
Online store selling makeup, skincare, hair products and beauty tools.
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| domain | founded_year | HQ Location |
Distributes beauty products in Middle East through regulatory support and retail connections.
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| domain | founded_year | HQ Location |
Beauty and healthcare products are retailed online through various brands.
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| domain | founded_year | HQ Location |
Operates an online store offering a wide range of beauty products across multiple categories.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Golden Scent
Frequently Asked Questions about Golden Scent
When was Golden Scent founded?
Golden Scent was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Golden Scent located?
Golden Scent is headquartered in Dammam, Saudi Arabia. It is registered at Dammam, Eastern Province, Saudi Arabia.
What does Golden Scent do?
Golden Scent was founded in 2014 in Dammam, Saudi Arabia, and operates as an e-commerce platform in the beauty sector. Makeup, cosmetics, and perfumes from multiple brands are provided through the site. Home fragrance items, including candles and room fresheners, are also offered. The company serves customers primarily in the Middle East via its online domain, goldenscent.com.
Who are the top competitors of Golden Scent?
Golden Scent's top competitors include Namshi, Lookout Beauty and Girlie Stuffs.
Who are Golden Scent's investors?
Golden Scent has 6 investors. Key investors include Tenami, Wamda Capital, Wa'ed Ventures, Entrepreneur Venture, and EquiTrust Life Insurance.