What is Zid | زد?
Zid | زد operates as a sophisticated e-commerce platform designed to streamline the digital transformation of businesses ranging from small enterprises to large-scale corporations. The platform offers an integrated ecosystem that facilitates the rapid deployment of online storefronts within a 24-hour window. Key functionalities include seamless payment gateway integration, local and international shipping logistics, inventory management, and data-driven marketing tools. With an extensive library of over 400 applications, Zid empowers merchants to optimize their operational efficiency and enhance customer engagement. By focusing on user-centric design and secure transaction processing, the company has established a significant market presence, effectively bridging the gap between traditional retail and the digital economy.
How much funding has Zid | زد raised?
Zid | زد has raised a total of $57M across 2 funding rounds:
Series A
$7M
Series B
$50M
Series A (2021): $7M with participation from Global Ventures
Series B (2022): $50M led by Impact46, Aramco, Global Ventures, and Endeavour Catalyst
Key Investors in Zid | زد
Impact46
Impact46 is a social impact accelerator that aids a new generation of investors, donors, corporates, and social enterprises in achieving their social impact goals.
Aramco
Aramco is an integrated energy and chemicals company that invests in technology, digital solutions, and diversified industrial businesses to support long-term growth.
Global Ventures
Global Ventures is a technology-focused firm that leverages electronic corporations and digital assets to build and scale businesses within the global economy.
What's next for Zid | زد?
With the successful closure of this major enterprise-level funding, Zid is well-positioned to accelerate its product development roadmap and expand its regional footprint. The strategic allocation of this capital will likely focus on enhancing the platform's technological infrastructure, deepening its integration with third-party logistics providers, and scaling its marketing automation capabilities. As the e-commerce sector continues to mature, Zid's focus on providing a frictionless merchant experience will be pivotal in capturing further market share. The company is expected to leverage these resources to solidify its leadership position, potentially exploring new market segments and advanced analytical tools to drive merchant growth and long-term sustainability in the competitive e-commerce enablement space.
See full Zid | زد company page
