A bold investment

Talabatkom Closes Seed Funding Round from Saudi Investors

Talabatkom, a company specializing in delivering orders from stores to customers, achieved a significant milestone by closing a “Seed” funding round with the contribution of a group of Saudi investors, without disclosing the investors’ identities or the round’s value.

Founded in 2022 by Hussam AlRaddadi, the company began its services in September 2023. Talabatkom’s services focus on delivering orders from stores to users within neighborhoods, thus realizing a unique model that effectively meets market needs.

Commenting on this achievement, AlRaddadi, the company’s CEO, stated that Talabatkom’s business model aligns with changing market trends, focusing on delivery services within neighborhoods and nearby areas, thereby accelerating the delivery process and reducing its costs.

AlRaddadi pointed out that the app has succeeded in attracting a wide user base, in addition to successful partnerships with stores to provide various solutions for order pickup, whether directly from the store or through the delivery service offered by the app or certified transport companies.

AlRaddadi expressed his happiness with the closing of the funding round, confirming that the new funding will contribute to achieving the company’s ambitious goals by expanding the base of stores and customers in the delivery market.

This investment round represents a significant step in Talabatkom’s journey, reflecting investors’ confidence in the company’s capabilities and innovative business model, promising a bright future for Talabatkom in the delivery market.

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