Siin

Make it yours

Riyadh, Saudi Arabia · Founded 2024 · $3.0M raised

Headquarters
Riyadh
Employees
11–50
Founded
2024
Business Model
Marketplace
Total Funding
$3.0M
Last Round
$3.0M SeedMay 2026
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Siin is the Gulf Cooperation Council's leading live shopping and social commerce platform, enabling buyers and sellers to engage through real-time livestreamed auctions, gamified purchasing experiences, and a trusted marketplace for high-value goods. The platform combines the interactive energy of live streaming with the reliability of an escrow-backed marketplace, targeting collectors, hobbyists, and enthusiasts across the GCC. Siin was founded in 2024 by Hesham AlSaati (formerly of Delivery Hero), Ahmed Allawi (formerly of Tap Payments), and Khaled Albalooshi (formerly of Telp), with the mission of digitizing the Gulf's traditionally relationship-driven trading culture. Within its first year of operation, the platform expanded across Saudi Arabia, the UAE, Kuwait, Bahrain, Qatar, and Oman, facilitating the sale of hundreds of thousands of products and generating tens of thousands of hours of live-streamed shopping sessions. Siin raised $3 million in total funding led by VentureSouq and Shift Group, with participation from Plus VC and Oqal. The company is headquartered in Riyadh and is backed by startup programs including Hub71 and InspireU.

Summary

Siin is an E-Commerce company based in Riyadh, Saudi Arabia, founded in 2024. It has raised $3.0M in total across 1 round, most recently a $3.0M Seed round in May 2026. Investors include Venture Souq and Shift Capital.

Funding History

SeedMay 2026
$3.0M

Investors

Similar Companies

Didi ChuxingIPO

Didi Chuxing is a mobile transportation platform, offering a full range of commuting options to 4...

Beijing, China10001+Marketplace, Mobility
Corporate RoundTotal funding$20.2BFeb 2018
iHeartMediaIPO

iHeartMedia reaches American audiences through radio, podcasts, digital audio, social media, and ...

San Antonio, United States10001+E-Commerce
Private EquityTotal funding$17.9BJul 2008
Reliance Retail

Reliance Retail operates an online and offline retail business in Food & Grocery, Fashion & Lifes...

Mumbai, India10001+E-Commerce, Retail
Private EquityTotal funding$12.4BOct 2023
FlipkartAcquired

India's largest e-commerce marketplace offering electronics, fashion, grocery, and more across hu...

Bengaluru, India10001+E-Commerce, Marketplace
Series G+Total funding$11.3BMay 2024
Neiman MarcusAcquired

Neiman Marcus is an American luxury department store retailer offering designer clothing, shoes, ...

Dallas, United States10001+E-Commerce
Private EquityTotal funding$11.1BSep 2013
MeituanIPO

Meituan advances digital upgrades for services and goods retail, working with partners to provide...

Beijing, China10001+E-Commerce, Food Tech
Series FTotal funding$8.4BOct 2017

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Siin on Indexed.vc
<a href="https://indexed.vc/companies/siin"><img src="https://indexed.vc/api/badge/company/siin" alt="Siin on Indexed.vc" width="260" height="76" /></a>