Fundraising Fox

Salla

2 known investors

Saudi SaaS platform that lets merchants launch no-code online stores with integrated payments, shipping and marketing.

Also known as Ψ³Ω„Ψ©

Investors Β· 2

Also in the syndicate Β· 1

Sanabil Investment

Company profile

researched Aug 2026

Salla is a Saudi Arabian software-as-a-service company that provides e-commerce enablement tools for merchants. Founded in 2016 in Makkah, it began as a tool for automating the process of selling products over social media channels and developed into a no-code, Arabic-first platform on which individuals, small and medium brands and larger enterprises can build an online store, accept online payments, manage inventory, run marketing and ship orders to end customers. Merchants can set up a store within hours or minutes, according to the company.

The platform is integrated with online payment providers and logistics companies and includes proprietary services such as Salla Pay and Salla Shipping. It accepts payments from more than 79 countries, supports more than 40 languages, and connects stores to more than 160 local and international shipping and courier companies. An app store hosts over 400 third-party applications covering the lifecycle of running an online business, and a developer ecosystem extends the platform's functionality. A major platform rebuild, released as Salla 4.0, consolidated payments, shipping and inventory management and reduced the number of steps required for merchant operations.

Salla is led by co-founder and CEO Nawaf Hariri, who co-founded the company with Salman Butt. It has participated in the Saudi Unicorns Program run by Saudi Arabia's Ministry of Communications and Information Technology, the National Technology Development Program and the Mohammed bin Salman Foundation (Misk), and investors have publicly discussed a potential future stock market listing.

Founding story

Nawaf Hariri and Salman Butt founded Salla in Makkah in 2016 after observing that Saudi online selling was largely conducted through Instagram and WhatsApp messages, with manual payments, fragmented shipping and customer data handled in screenshots and spreadsheets. Hariri, who had previously worked on ventures including Masareef App and Web Fan Company, first built a tool that collected a buyer's details and passed them to the merchant in a single step. The product evolved into a no-code, Arabic-first store builder; the name Salla means "basket" in Arabic. Early investor scepticism included a meeting where the total Saudi online-store market was dismissed as too small.

Business model

Salla operates a subscription SaaS model alongside transaction- and service-based merchant solutions. It began with a freemium model to lower onboarding friction and now offers four subscription plans β€” Basic, Plus, Pro and Special β€” tiered by business size and requirements.

Two primary revenue streams: subscription plans, and merchant solutions comprising shipping solutions, payment solutions, fees from third-party apps and vetted service providers. Management has described the combination as a sustainable model supporting growth and profitability, and an investor cited "best-in-class margins."

Traction

Since 2020 the platform has enabled roughly $7 billion in e-commerce sales (reported as more than SAR 21 billion at an earlier point), with over 80,000 active merchants reported at the time of the 2024 funding round (an earlier count of more than 55,000, and a later report of more than 100,000). Team size has grown to nearly 500 employees, including over 160 developers. New store creation reportedly grew nearly 300% during the 2020 COVID-19 period.

Latest developments

In March 2024 Salla closed a $130 million pre-IPO investment round led by Investcorp through its Investcorp Saudi Pre-IPO Growth Fund LP, with Sanabil Investment and STV participating; Investcorp described it as likely the last round before a planned listing, and Investcorp Principal Robin Mansour joined Salla's board. The company has also built out partnerships with Al Rajhi Bank (Mokafaa loyalty integration across 60,000+ Salla-powered stores), STC Bank, J&T Express, Adjust and Cloudflare.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Described in press coverage as one of Saudi Arabia's largest SaaS e-commerce enablement platforms, serving over 80,000 active merchants and positioned as a local-first alternative to international platforms built primarily for English-speaking markets. It addresses a Saudi e-commerce market that Investcorp put at $20 billion and expected to grow over 25% annually.

Localisation for Saudi and Arabic-speaking merchants β€” language, payment ecosystem and commerce behaviour β€” combined with an end-to-end bundle of storefront, payments, shipping, inventory and marketing in one platform, rather than translated foreign software.

Technology

A no-code, Arabic-first e-commerce platform with integrated payment (Salla Pay), shipping (Salla Shipping), inventory, and marketing modules; an open app store with more than 400 third-party applications; multi-language support (40+ languages) and payment acceptance from over 79 countries. The Salla 4.0 release rebuilt core parts of the product to consolidate workflows. Salla Ads, formed from the acquired startup Sweply, embeds AI-based marketing tools in merchant dashboards. Over 160 developers work on technology and product development.

Go-to-market

Self-serve onboarding for merchants with rapid store setup, a freemium entry point and tiered subscriptions, supported by an ecosystem of third-party app developers, vetted service providers and partnerships with banks, payment providers and logistics operators.

Individual sellers, aspiring entrepreneurs, small and medium enterprises, homegrown brands and established enterprises in Saudi Arabia and the wider Arabic-speaking region seeking to sell online.

Geography

Headquartered in Makkah, Saudi Arabia, with merchants selling to international destinations; payments are accepted from more than 79 countries and shipping is offered via 160+ local and international couriers. Stated ambition is to help merchants expand within and beyond Saudi Arabia.

History

Salla was established in 2016 in Makkah as a tool automating social-media selling and grew into a full e-commerce platform. By 2018 it was powering thousands of merchants. Growth accelerated during the 2020 pandemic, when it also raised an $8.5 million Series A led by STV. The Salla 4.0 rebuild integrated shipping, inventory and payments and cut merchant workflow steps. The company opened the Salla App Store to third-party developers, joined the Saudi Unicorns Program, acquired digital advertising startup Sweply and rebranded it as Salla Ads, and in March 2024 raised a $130 million pre-IPO round led by Investcorp with Sanabil Investment and existing shareholder STV.

Risks & controversies

Coverage notes early investor doubt about the size of the Saudi online-store market, and dependence on the Saudi digital-economy expansion tied to Vision 2030. Reported merchant and headcount figures vary across sources, and the anticipated public listing remains prospective rather than completed.

Compiled by commissioned research from 5 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Active merchantsMar 202480,000 merchants
Addressable Saudi e-commerce market cited by investorMar 2024$20B
Applications available on platformMar 2024400 apps
Connected shipping/courier companiesJan 2023160 companies
Countries from which payments are acceptedJan 202379
Cumulative e-commerce sales enabled since 2020Mar 2024$7B
Developers on technology and product teamMar 2024160 people
EmployeesJan 2023500 people
Languages supportedJan 202340 languages
Merchants supportedJan 2025100,000 merchants

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 12

launches, deals, and filings
Mar 2024
Salla raises $130 million pre-IPO round led by Investcorp

Investcorp led a $130 million pre-IPO investment round in Salla through Investcorp Saudi Pre-IPO Growth Fund LP, alongside Sanabil Investment and existing shareholder STV. Bloomberg reported it was likely the last round before a planned listing.

$130M source β†—

Mar 2024
Investcorp Principal Robin Mansour joins Salla's board of directors

As part of the pre-IPO investment, Robin Mansour, Principal at Investcorp, joined Salla's Board of Directors.

source β†—

Jan 2023
Selected for Saudi Arabia's Saudi Unicorns Program

Salla joined the Saudi Unicorns Program, a national program by the Ministry of Communications and Information Technology, the National Technology Development Program and the Mohammed bin Salman Foundation (Misk).

source β†—

Jan 2020
$8.5 million Series A led by STV

$8.5M source β†—

β€”
Salla acquires Saudi digital advertising startup Sweply

Salla acquired Sweply, a Saudi startup specialising in online advertising solutions, and rebranded it as Salla Ads, embedding AI-powered marketing tools in merchant dashboards.

source β†—

β€”
Analytics partnership with Adjust

source β†—

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Cross-border logistics cooperation with J&T Express

source β†—

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Long-term infrastructure partnership with Cloudflare

source β†—

β€”
Partnership with Al Rajhi Bank's Mokafaa loyalty program

Integration with Al Rajhi Bank's Mokafaa loyalty program lets shoppers at over 60,000 Salla-powered stores earn and redeem points.

source β†—

β€”
Partnership with STC Bank on digital payments

source β†—

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Launch of the Salla App Store

Salla opened its platform to third-party developers via the Salla App Store.

source β†—

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Salla 4.0 platform rebuild

Salla rebuilt major parts of its platform, integrating payments, shipping and inventory management and reducing merchant workflow from seven clicks to two.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 5

primary sources listed

5 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Salla do?
Saudi SaaS platform that lets merchants launch no-code online stores with integrated payments, shipping and marketing.
Who are Salla's investors?
Salla's investors include Wamda Capital.