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Neom - About the company

Neom is a late stage company based in Tabuk (Saudi Arabia), founded by Mohammad Bin Salman. It operates as a Developer of sustainable urban regions incorporating advanced technology and diverse sectors. Neom has raised an undisclosed amount in funding. The company has 41 active competitors, including 3 that have exited. Its top competitors include companies like DMCC, KAEC and Qatar Financial Centre.

Company Details

Developer of sustainable urban regions incorporating advanced technology and diverse sectors. It is aiming to create a new model city powered by renewable energy and focusing on innovation and sustainability. It focuses on redefining business, livability, and conservation across key sectors including biotech, design and construction, education, research and innovation, energy, financial services, food, health and wellbeing, manufacturing, and more.
Social
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Email ID
*****@neom.com
Key Metrics
Location
Tabuk, Saudi Arabia
Stage
Late Stage
Latest Funding Round
Ranked
Annual Revenue
$3.51M as on Dec 31, 2014
Employee Count
8,745 as on Apr 30, 2026
Investment & Acquisitions
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Neom's funding and investors

Neom has raised funding over 8 rounds. Its first funding round was on Aug 30, 2006. Its latest funding round was a Post IPO round on Jun 07, 2012 for $*****. 1 investor participated in its latest round. Neom has 2 institutional investors.

Here is the list of recent funding rounds of Neom:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 07, 2012
3603149
Post IPO
5824022
2917492
5804123
6646191
Sep 29, 2010
5465410
Post IPO
4901401
5269817
5887366
Jun 02, 2010
1345162
Post IPO
1744930
6602087
4784954
9708235
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Neom's founders and board of directors

Founder? Claim Profile
The founders of Neom is Mohammad Bin Salman. Aiman Almudaifer and Joseph M Bradley are the CEOs of Neom.
Here are the details of Neom's key team members:

Neom's employee count trend

Neom has 8,745 employees as of Apr 26. Here is Neom's employee count trend over the years:
Employee count trend for Neom
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Neom's Competitors and alternates

Top competitors of Neom include DMCC, KAEC and Qatar Financial Centre. Here is the list of Top 10 competitors of Neom, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Neom
Neom
Tabuk (Saudi Arabia), Late Stage
Developer of sustainable urban regions incorporating advanced technology and diverse sectors
-
61/100
2nd
Logo for DMCC
DMCC
2002, Dubai (United Arab Emirates), Acquired
Provider of futures and options segment broking services
-
51/100
3rd
Logo for KAEC
KAEC
2006, Mecca (Saudi Arabia), Public
Developer of real estate projects
-
-
50/100
4th
Logo for Qatar Financial Centre
Qatar Financial Centre
2005, Doha (Qatar), Funding Raised
Provider of business consulting and financial services
-
49/100
5th
Logo for Phoenix Group
Phoenix Group
2002, Hyderabad (India), Funding Raised
Provider of real estate development services
-
47/100
6th
Logo for ADGM
ADGM
2015, Abu Dhabi (United Arab Emirates), Unfunded
Provider of financial regulatory, legal, and business support services
-
-
46/100
7th
Logo for Jebel Ali Free Zone
Jebel Ali Free Zone
1985, Dubai (United Arab Emirates), Funding Raised
Provider of freight forwarding and logistic services
-
42/100
8th
King Abdullah Financial District (KAFD) is an iconic business and lifestyle destination that redefines the way of life.
-
-
40/100
9th
Logo for KEZAD Group
KEZAD Group
2010, Abu Dhabi (United Arab Emirates), Unfunded
Provider of freight forwarding services for road, air, and sea transport
-
-
36/100
10th
Developer of real estate properties and industrial parks
$272M
-
33/100
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Neom's Investments and acquisitions

Neom has made 13 investments in companies including SARsatX and MemryX. Neom has also acquired 3 companies including Sponge and Gavitec.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
May 23, 2025
Investments
2023
Jeddah (Saudi Arabia)
May 06, 2025
Investments
2019
Ann Arbor (United States)
Feb 12, 2025
Investments
2015
Austin (United States)
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Reports related to Neom

Here is the latest report on Neom's sector:

News related to Neom

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Media has covered Neom for a total of 21 events in the last 1 year, 12 of them have been about company updates and 4 about partnerships.
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FAQs about Neom

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