About TOROD
TOROD is a company based in Riyadh (Saudi Arabia) founded in 2021 by Faisal Almaklas. TOROD has raised $12.7 million across 2 funding rounds from investors including Elm, Wa'ed Ventures and Impact46. TOROD operates in a competitive market with competitors including AfterShip, Route, Slice, Shipup and Easyship, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Faisal Almaklas
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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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
$12.7 M (USD)
in 2 rounds
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Latest Funding Round
$11.3 M (USD), Series A
Feb 18, 2025
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Investors
Elm
& 5 more
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Employee Count
Not available
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Funding Insights of TOROD
TOROD has successfully raised a total of $12.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11.3 million completed in February 2025. 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 TOROD
TOROD has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Elm, Wa'ed Ventures and Impact46.
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Venture capital firm focused on seed and growth investments
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Early-stage tech startups in GCC, Egypt, and Turkey are funded.
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Investor details for TOROD
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Investments & Acquisitions by TOROD
Investment portfolio details for TOROD
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Financial Statements - TOROD
Detailed financials for TOROD
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Torod Comparisons
Peer comparison for TOROD
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Competitors of TOROD
TOROD 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 AfterShip, Route, Slice, Shipup and Easyship, among others.
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Web-based tracking solutions for eCommerce shipment monitoring are provided.
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Solutions for tracking e-commerce packages and handling claims are provided.
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A package tracking app is provided for online shoppers' deliveries.
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Parcel tracking platform is offered for online retailers.
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Shipping solutions for eCommerce sellers are integrated with major platforms.
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API for real-time tracking and tracing of shipments is provided.
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Detailed competitors of TOROD
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Latest news on Torod
Complete news archive for TOROD
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Frequently Asked Questions about TOROD
TOROD was founded in 2021 and raised its 1st funding round 1 year after it was founded.
TOROD is headquartered in Riyadh, Saudi Arabia.
TOROD is a funded company, having raised a total of $12.7M across 2 funding rounds to date.
TOROD was founded in 2021 and is headquartered in Riyadh, Saudi Arabia. Web-based solutions for shipment tracking are offered within the logistics sector, enabling status checks for product deliveries from online stores. Integration with multiple freight services is supported, along with automation of delivery processes to streamline operations for users.
TOROD has 6 investors. Key investors include Elm, Wa'ed Ventures, Impact46, HALA Ventures, and Suhail Ventures.