About Souqh
Souqh is a company based in Toronto (Canada) founded in 2020. It operates as a Two-Sided Marketplace. Souqh has raised $700 thousand across 2 funding rounds. The company has 7 employees as of December 31, 2024. Souqh offers products and services including Real Estate Services and Home Improvement Marketplace. Souqh operates in a competitive market with competitors including HomeStars, Smart Reno, GO Radius Solutions, RenoTag and Contractors.com, among others.
- Headquarter Toronto, Canada
- Employees 7 as on 31 Dec, 2024
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Sectors
Business ServicesReal Estate & Construction Consumer
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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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Total Equity Funding
$700 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
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Employee Count
7
as on Dec 31, 2024
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Products & Services of Souqh
Souqh offers a comprehensive portfolio of products and services, including Real Estate Services and Home Improvement Marketplace. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services for real estate transactions are provided here.
A marketplace for home improvement services is offered.
Funding Insights of Souqh
Souqh has successfully raised a total of $700K across 2 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Jun 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - Souqh | Valuation |
investors |
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| Jun, 2021 | Amount | Seed - Souqh | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Souqh
| 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 - Souqh
| 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 |
Souqh Comparisons
Competitors of Souqh
Souqh 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 HomeStars, Smart Reno, GO Radius Solutions, RenoTag and Contractors.com, 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 |
Home improvement contractors are connected to homeowners via user reviews.
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| domain | founded_year | HQ Location |
Home improvement quotes are matched via an online marketplace.
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| domain | founded_year | HQ Location |
GO Radius Solutions operates an app-based platform for listing local services.
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| domain | founded_year | HQ Location |
An online marketplace is operated for booking home improvement professionals.
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| domain | founded_year | HQ Location |
Online directory connects homeowners with trusted contractors nationwide.
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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 Souqh
Frequently Asked Questions about Souqh
When was Souqh founded?
Souqh was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Souqh located?
Souqh is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Souqh?
Ahmer Rafiq is the current CEO of Souqh.
Is Souqh a funded company?
Souqh is a funded company, having raised a total of $700K across 2 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on Jun 01, 2021.
How many employees does Souqh have?
As of Dec 31, 2024, the latest employee count at Souqh is 7.
What does Souqh do?
A digital marketplace for real estate services and home improvement solutions is operated by Souqh. Connections between service providers and homeowners are facilitated across various home journey needs. The platform serves the residential real estate sector with a focus on enhancing user experience through accessible service matching.
Who are the top competitors of Souqh?
Souqh's top competitors include HomeStars, Smart Reno and RenoTag.
What products or services does Souqh offer?
Souqh offers Real Estate Services and Home Improvement Marketplace.