About Salla
Salla is a company based in Mecca (Saudi Arabia) founded in 2016 by Nawaf Hareeri. Salla has raised $138.5 million across 3 funding rounds from investors including Investcorp, Sanabil and STV. Salla has completed 1 acquisition, including Sweply. Salla operates in a competitive market with competitors including Tapcart, Branding Brand, GPShopper, Zaapi and Poq, among others.
- Headquarter Mecca, Saudi Arabia
- Founders Nawaf Hareeri
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$138.5 M (USD)
in 3 rounds
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Latest Funding Round
$130 M (USD), Series B
Mar 05, 2024
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Investors
Investcorp
& 6 more
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Employee Count
Not available
- Investments & Acquisitions
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Funding Insights of Salla
Salla has successfully raised a total of $138.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $130 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Salla
Salla has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Investcorp, Sanabil and STV.
| Investor | Description | Founded Year | Domain | Location |
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Private equity, real estate, and credit investments are managed globally.
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Private equity and funds of funds focused on early to mature stage companies and multiple funds
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Growth equity is provided for early-stage tech startups by STV.
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Locked | Locked | Locked |
Investor details for Salla
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Investments & Acquisitions by Salla
Salla has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sweply.
Investment portfolio details for Salla
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-driven social media ad management is provided for businesses.
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Locked | Locked | 2021 | Locked |
Complete acquisition details for Salla
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - Salla
Detailed financials for Salla
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Salla Comparisons
Peer comparison for Salla
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Competitors of Salla
Salla 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 Tapcart, Branding Brand, GPShopper, Zaapi and Poq, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Software solution to create mobile app stores for online merchants
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Omni-commerce platforms are developed for online in-store businesses.
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Mobile commerce platform and app developer for retailers and brands
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Storefront solutions are offered for online businesses through mobile platforms.
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App commerce platform that enable retailers to create customized apps
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Detailed competitors of Salla
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Latest news on Salla
Complete news archive for Salla
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Frequently Asked Questions about Salla
Salla was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Salla is headquartered in Mecca, Saudi Arabia. It is registered at Mecca, Makkah Region, Saudi Arabia.
Nawaf Hareeri is the current CEO of Salla. They have also founded this company.
Salla is a funded company, having raised a total of $138.5M across 3 funding rounds to date.
Salla was founded in 2016 in Mecca, Saudi Arabia, as a provider of mobile commerce solutions within the e-commerce sector. Online storefronts are developed using customizable templates and layouts tailored to seller preferences. Mobile applications are built, with integrations for domestic and international payments, shipping and freight services, affiliate marketing, and customer retargeting features. Operations focus on enabling sellers to manage sales through these tools.
Salla's top competitors include Tapcart, Conductiv Software and Branding Brand.
Salla has made 1 acquisition, including Sweply.
Salla has 7 investors. Key investors include Investcorp, Sanabil, STV, Vision Ventures, and RAED Ventures.