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

Savvy Group, Alfaisal University to launch new Game Design program
MUBASHER.SA
Riyadh Air partners with Mastercard to reshape global travel experience
MUBASHER.SA
Microsoft nears completion of cloud infrastructure in Saudi Arabia
MUBASHER.SA
Saudi Arabia tops regional gaming markets with $1bn spend, highest ARPU
MUBASHER.SA
SC Ventures, Sanabil Studio partner to scale SME-focused fintech ventures
MUBASHER.SA

Related News

Funding News
Calendar Icon
Feb 4, 2026
BlueFive closes $3bn Onyx Fund I to back innovative businesses
Read More
Funding News
Calendar Icon
Feb 4, 2026
Qureos raises $5mn seed round to develop AI capabilities
Read More
Funding News
Calendar Icon
Feb 4, 2026
MMC closes SAR 5 mn funding round to launch media investment operations
Read More
Funding News
Calendar Icon
Feb 1, 2026
Hydrovest Technology secures QAR 1 mn to scale smart agriculture
Read More
Funding News
Calendar Icon
Feb 1, 2026
PayLater raises $10mn in Seed funding
Read More
Funding News
Calendar Icon
Feb 1, 2026
EvolutionX leads $50mn growth capital round raised by Kitopi
Read More
Funding News
Calendar Icon
Feb 1, 2026
SkipCash raises $4mm in Series A funding
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