When was Qoyod founded?

Qoyod was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Qoyod located?

Qoyod is headquartered in Riyadh, Saudi Arabia.

Who is the current CEO of Qoyod?

Abdullah AlDayel of Qoyod. They have also founded 1 company.

How many employees does Qoyod have?

As of Sep 30, 2026, the latest employee count at Qoyod is 292.

Is Qoyod a funded company?

Qoyod is a funded company, having raised a total of $2.1M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 03, 2018.

When was the latest funding round of Qoyod?

Qoyod's latest funding was a $***** Series A round on Dec 29, 2020, with participation from 1 investor.

Where does Qoyod rank among its competitors?

Qoyod ranks 180th amongst 2403 active competitors, of which 186 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Pennylane, which secured $205M in Jan, 2026.

Who are the top competitors of Qoyod?

Qoyod's top competitors include Intuit, Sage and Deltek. Among them, Pennylane secured the most recent funding round in January, 2026.

Qoyod - 2026 Company Profile, Team, Funding & Competitors

Qoyod is a series A company based in Riyadh (Saudi Arabia), founded in 2016 by Abdullah AlDayel. It operates as a SaaS-based accounting software for SMEs. Qoyod has raised $2.1M in funding from Merak Capital. The company has 2403 active competitors, including 186 funded and 157 that have exited. Its top competitors include companies like Intuit, Sage and Deltek.

Company Details

Qoyod provides SaaS-based accounting software for SMEs. It offers invoice creation & invoices vouching solutions and allows the creation of quotations and purchase orders in customized templates which may be converted later to invoices. It provides a product management module enabling automatic inventory management. Also provides smart controls to manage roles and permissions on all transaction and reports. The pricing is available on a monthly subscription plan.

Website: qoyod.com
Social
Email ID: *****@qoyod.com
Phone Number: +966 **********

Key Metrics

Founded Year

2016

Location

Riyadh, Saudi Arabia

Stage

Series A

Total Funding

$2.1M in 2 rounds

Latest Funding Round

Series A, Dec 29, 2020, $*****

Investors

Merak Capital & 2 more

Ranked

180^th among 2403 active competitors

Employee Count

292 as on Sep 30, 2026

Similar Companies

Intuit & 3057 more

View Qoyod's full profile

Qoyod has raised a total funding of $2.1M over 2 rounds. Its first funding round was on Jul 03, 2018. Its latest funding round was a Series A round on Dec 29, 2020 for $*****. 1 investor participated in its latest round. Qoyod has 3 institutional investors.

Here is the list of recent funding rounds of Qoyod:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 29, 2020	1017704	Series A	3289121	6819656	3555029	9988066
Jul 03, 2018	4328379	Seed	7696660	5517173	7491777	Arzan Venture Capital

Access funding benchmarks and valuations. Sign up today!

View details of Qoyod's funding rounds and investors

The founders of Qoyod is Abdullah AlDayel. Abdullah AlDayel is the CEO of Qoyod.

Here are the details of Qoyod's key team members:

Abdullah AlDayel: Founder & CEO of Qoyod.

View details of Qoyod's Founder profiles and Board Members

Qoyod's employee count trend

Qoyod has 292 employees as of Sep 26. Here is Qoyod's employee count trend over the years:

Uncover Qoyod's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Qoyod include Intuit, Sage and Deltek. Here is the list of Top 10 competitors of Qoyod, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Europa, Alcor Fund & 25 others	83/100
2nd	Sage 1981, Newcastle Upon Tyne (United Kingdom), Public	Provider of cloud-based enterprise software solutions for accounting, finance, and people management	-	91Springboard, Itz Cash Card & 47 others	78/100
3rd	Deltek 1983, Herndon (United States), Acquired	Cloud based enterprise resource planning software provider for multi industries	$107M	Prospect Capital, New Mountain Capital & 3 others	77/100
4th	Pennylane 2020, Paris (France), Series E	Cloud-based financial management and accounting software platform	$442M	DST Global, Sequoia Capital & 9 others	77/100
5th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	76/100
6th	FreeAgent 2007, Edinburgh (United Kingdom), Acquired	Cloud-based accounting software for small businesses, freelancers, and accountants	$21.9M	Iris Software, SM TRUST & 22 others	76/100
7th	Xero 2006, Wellington (New Zealand), Public	Provider of accounting software and related tools for business management	-	Hurlingham Partners, Sparkbox Venture Group ... & 9 others	75/100
8th	Wave 2010, Toronto (Canada), Acquired	Web-based accounting software for businesses	$82.4M	CRV, BDC & 20 others	74/100
9th	MYOB 1991, Cremorne (Australia), Acquired	Developer of business management software including accounting and payroll solutions	-	CVC, VantEdge Partners & 3 others	70/100
10th	Anna 2017, London (United Kingdom), Acquired	Cloud-based accounting management solutions for businesses	$88.3M	Kinetik, Flashpoint & 67 others	68/100
180th	Qoyod 2016, Riyadh (Saudi Arabia), Series A	SaaS-based accounting software for SMEs	$2.1M	Arzan Venture Capital, Merak Capital & 1 others	38/100