logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Yamm closes undisclosed pre-seed round

Yamm closes undisclosed pre-seed round

NOHA.GAD
Oct 10, 2024
Yamm closed ab undisclosed pre-seed funding round led by Flat6Labs

Riyadh - Sharikat Mubasher: Yamm, a Saudi-based startup specializing in automated return and refund solutions, successfully closed an undisclosed pre-seed funding round led by Flat6Labs, with contributions from Judah Ventures and several angel investors.

This investment will fuel the company’s plans to expand its merchant base across the Kingdom and integrate with more e-commerce platforms, such as WooCommerce and Salesforce, a recent statement revealed.

Yamm’s expansion plans also include launching new product features, including advanced merchant analytics and restock functionality, to enhance the platform’s value for retailers.

Founded by Sultan Al-Subhi, Mohammed Al-Shalati, and Hamadah Al-Khaldi, Yamm provides an inclusive end-to-end solution for managing returns, refunds, and logistics, designed to simplify the post-purchase experience for both consumers and merchants.

It addresses long-standing challenges in the return and refund process, including streamlining the refund and shipping cycles and removing other operational inefficiencies.

Yamm’s solution features automated bank account verification, customizable return policies, and real-time status updates, ensuring a smooth and transparent return process.  

Moreover, Yamm aims to redefine and lead the post-purchase market for both consumers and merchants, ensuring seamless returns and instant refunds that build trust and drive growth in otherwise archaic segments.

Tags

Saudi Arabia
Refunds
Investment round
Logistics
Share

Attract clients with your ad

Start Now

Trending

MASAHA reaches $1.5mn valuation after new seed round
MUBASHER
Saudi Electronic University launches SEU Sports Tech Accelerator
MUBASHER.SA
Guggenheim considers Saudi office for global expansion plans
MUBASHER
Saudi Arabia unveils $140mn cybersecurity investments at Black Hat MEA 2025
MUBASHER.SA
Saudi Arabia ranks 5th globally in AI sector growth
MUBASHER.SA

Related News

Funding News
Calendar Icon
Dec 7, 2025
MASAHA reaches $1.5mn valuation after new seed round
Read More
Funding News
Calendar Icon
Dec 4, 2025
Reno secures $4mn in equity-debt round
Read More
Funding News
Calendar Icon
Dec 4, 2025
Nabt raises $3.4mn seed extension round, brings total funding to $5mn
Read More
Funding News
Calendar Icon
Dec 2, 2025
COGNNA raises $9.2mn series A to scale AI-powered cybersecurity globally
Read More
Funding News
Calendar Icon
Dec 2, 2025
Rology secures new funding to scale AI teleradiology across MEA
Read More
Funding News
Calendar Icon
Nov 30, 2025
Funch secures $500K to launch first AI-native flexible lunch subscription
Read More
Funding News
Calendar Icon
Nov 25, 2025
Revibe raises $17mn to accelerate growth in refurbished electronics
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher