How Much Did Zid | زد Raise?
Funding & Key Investors

Zid | زد, a prominent player in the regional e-commerce infrastructure sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $57M. This latest injection of $50M underscores the company's robust growth trajectory and its pivotal role in digitizing retail operations across the market. By providing a comprehensive suite of tools for online store creation, payment processing, and logistics, Zid has positioned itself as an essential partner for businesses navigating the complexities of the digital economy.

What is Zid | زد?

Zid | زد
SoftwareEnterprise Resource Planning (ERP)

Zid | زد operates as a sophisticated SaaS platform designed to democratize e-commerce for businesses of all sizes. The company offers a modular ecosystem that integrates payment gateways, local and international shipping solutions, and advanced inventory management systems. With a library of over 400 applications, Zid enables merchants to launch professional online storefronts within 24 hours. Its market position is defined by a commitment to user-centric design and scalable architecture, allowing small, medium, and large enterprises to optimize their sales funnels and enhance customer engagement through data-driven marketing strategies.

How much funding has Zid | زد raised?

Zid | زد has raised a total of $57M across 2 funding rounds:

2021

Series A

$7M

2022

Series B

$50M

Series A (2021): $7M with participation from Global Ventures

Series B (2022): $50M led by Global Ventures, Impact46, Aramco, and Endeavour Catalyst

Key Investors in Zid | زد

Global Ventures

Global Ventures is a technology-focused investment firm that leverages a vast portfolio of digital assets and electronic corporations to foster productivity and management platforms for the global economy.

Impact46

Impact46 is a social impact accelerator that facilitates collaboration and innovation by supporting a new generation of investors and social enterprises across international markets.

Aramco

Aramco Services Company is a major contributor to the energy sector, focusing on research, technology development, and strategic partnerships that drive industrial and economic growth.

What's next for Zid | زد?

With the infusion of this recent capital, Zid is well-positioned to accelerate its product development roadmap and expand its footprint in the competitive e-commerce landscape. The strategic focus will likely shift toward deepening its integration capabilities and enhancing the platform's smart marketing features to drive higher conversion rates for its merchant base. As the digital retail sector continues to evolve, Zid's ability to provide a seamless, end-to-end operational framework will be critical in maintaining its competitive advantage and supporting the long-term success of its users in an increasingly digital-first marketplace.

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Frequently Asked Questions Regarding Zid | زد Financial Insights

What are the most recent funding rounds that Zid | زد has completed, and what were the funding rounds?
Zid | زد has recently completed 2 funding rounds: Series B on Oct 17, 2022, Series A on Mar 15, 2021.
What is the total amount of funding Zid | زد has raised to date?
Zid | زد has raised a total of $57M in funding to date.
How many funding rounds has Zid | زد completed?
Zid | زد has completed 2 funding rounds.
How much funding did Zid | زد raise in its most recent funding round?
Zid | زد raised $50M in its most recent funding round.
Who are the lead investors in Zid | زد's latest funding round?
The lead investor in Zid | زد's latest funding round was Global Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Zid | زد's history?
The largest funding round in Zid | زد's history was $50M.
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