When was NQOODLET founded?

NQOODLET was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is NQOODLET located?

NQOODLET is headquartered in Riyadh, Saudi Arabia.

How many employees does NQOODLET have?

As of Jun 30, 2026, the latest employee count at NQOODLET is 41.

Is NQOODLET a funded company?

NQOODLET is a funded company, having raised a total of $4M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 07, 2021.

When was the latest funding round of NQOODLET?

NQOODLET's latest funding was a $***** Seed round on May 05, 2025, with participation from 5 investors. Its primary sector is Payments. In Saudi Arabia, the Payments sector has seen $36M in funding in 2026 to date.

Where does NQOODLET rank among its competitors?

NQOODLET ranks 1st amongst 1 active competitors, only 1 of which is funded. NQOODLET, which secured $3M in May, 2025.

NQOODLET - 2026 Company Profile, Team & Funding

Company Details

Provider of expense management platform with physical and virtual card solutions. It offers tools for planning, controlling, and disbursing organizational expenses in one integrated location. The platform allows teams to issue an unlimited number of cards. It provides real-time tracking through instant notifications for each transaction. The platform enables users to manage all cards in a single place.

Website: nqoodlet.com
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Key Metrics

Founded Year

2021

Location

Riyadh, Saudi Arabia

Stage

Seed

Total Funding

$4M in 3 rounds

Latest Funding Round

Seed, May 05, 2025, $*****

Investors

Waad & 8 more

Ranked

1^st among 1 active competitor

Employee Count

41 as on Jun 30, 2026

Similar Companies

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View NQOODLET's full profile

NQOODLET has raised a total funding of $4M over 3 rounds. Its first funding round was on Dec 07, 2021. Its latest funding round was a Seed round on May 05, 2025 for $*****. 5 investors participated in its latest round. NQOODLET has 8 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of NQOODLET:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 05, 2025	1101151	Seed	2782677	5058392	7559340	7662144
Jun 01, 2023	9289222	Grant (prize money)	8792067	8061451	6187126	Innovation Africa
Dec 07, 2021	8364817	Seed	2743230	5969176	9873732	Yaser Alghamdi & 1 more