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.
