How much funding has Torod raised?

Torod has raised $12.6M in total funding, most recently a Series A round.

Who are Torod's investors?

Torod's investors include Impact46, HALA Ventures, Wa'ed Ventures, Suhail Ventures, Elm, Seedra Ventures.

Where is Torod headquartered?

Torod is headquartered in Riyadh, Saudi Arabia.

What industry is Torod in?

Torod operates in Artificial Intelligence, Insurtech, IoT.

Torod

Riyadh, Saudi Arabia · Founded 2021 · $12.6M raised

Artificial Intelligence

Insurtech

IoT

Headquarters: Riyadh
Employees: 11–50
Founded: 2021
Business Model: B2B

Website: torod.co
Total Funding: $12.6M
Last Round: $11.2M Series AFeb 2025
Rounds: 2

About

Torod is a Riyadh-based e-commerce logistics platform that enables online merchants in Saudi Arabia to ship, track, and manage returns from a single interface. The platform aggregates multiple shipping carriers, allowing merchants to compare rates, automate shipment processing, print waybills, and sync orders directly from their e-commerce stores. Torod integrates with major Saudi e-commerce platforms including Salla and offers infrastructure-as-a-service (IaaS) shipping solutions for marketplace operators. Founded in 2021, the company raised a SAR 42 million (~$11M) Series A round in early 2025 and serves thousands of online merchants across the Kingdom.

Summary

Torod is an Artificial Intelligence company based in Riyadh, Saudi Arabia, founded in 2021. It has raised $12.6M in total across 2 rounds, most recently a $11.2M Series A round in Feb 2025. Investors include Impact46, HALA Ventures and Wa'ed Ventures.