When was Yallamarket founded?

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

Where is Yallamarket located?

Yallamarket is headquartered in Dubai, United Arab Emirates.

Who is the current CEO of Yallamarket?

Leo Dovbenko of Yallamarket. They have also founded 2 companies.

Is Yallamarket a funded company?

Yallamarket is a funded company, having raised a total of $10.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 23, 2021.

When was the latest funding round of Yallamarket?

Yallamarket's latest funding was a $***** Seed round on Jul 18, 2023, with participation from 2 investors. Its primary sector is Online Grocery. Globally, the Online Grocery sector has seen $1.14B in funding in 2026 to date.

Where does Yallamarket rank among its competitors?

Yallamarket ranks 9th amongst 381 active competitors, of which 6 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Recharge.com, which secured $46.4M in Jan, 2025.

Who are the top competitors of Yallamarket?

Yallamarket's top competitors include Amazon, Recharge.com and InstaShop. Among them, Recharge.com secured the most recent funding round in January, 2025.

Yallamarket - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online platform offering multi-category grocery products. The product catalog includes meat, seafood, eggs, honey, snacks, sweets, beverages, and more. It also provides beauty, home care products, and more. The applications is available on both iOS and Android platforms.

Website: yalla-market.com
Social
Email ID: *****@yallamart.ae
Phone Number: +971 **********

Key Metrics

Founded Year

2021

Location

Dubai, United Arab Emirates

Stage

Seed

Total Funding

$10.5M in 3 rounds

Latest Funding Round

Seed, Jul 18, 2023, $*****

Investors

Wamda & 8 more

Ranked

9^th among 381 active competitors

Similar Companies

eBay & 15153 more

View Yallamarket's full profile

Yallamarket has raised a total funding of $10.5M over 3 rounds. Its first funding round was on Nov 23, 2021. Its latest funding round was a Seed round on Jul 18, 2023 for $*****. 2 investors participated in its latest round. Yallamarket has 7 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Yallamarket:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 18, 2023	1418007	Seed	6748868	4655417	5750695	3114321
Feb 13, 2022	5504580	Seed	3180386	1813672	4988470	Alexander Sysoev
Nov 23, 2021	5567470	Seed	3408141	2223320	Wamda & 1 more	9738120

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View details of Yallamarket's funding rounds and investors

The founders of Yallamarket are Leo Dovbenko and Stas Seleznev. Leo Dovbenko is the CEO of Yallamarket.

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

Leo Dovbenko: Co-Founder & CEO of Yallamarket and founder of 1 other company.
Contact Info: 1 email address
Stas Seleznev: Co-Founder of Yallamarket.
Contact Info: 1 email address

View details of Yallamarket's Founder profiles and Board Members

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Top competitors of Yallamarket include Amazon, Recharge.com and InstaShop. Here is the list of Top 10 competitors of Yallamarket, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Amazon 1994, Seattle (United States), Public	Online marketplace and cloud computing provider	$8M	Kleiner Perkins, 2020 Ventures & 48 others	85/100
2nd	Recharge.com 2012, Nijmegen (Netherlands), Acquired	Online retailer of mobile top-ups, gift cards, and payment cards	$60.3M	Prime Ventures, SmartFin & 3 others	68/100
3rd	InstaShop 2015, Dubai (United Arab Emirates), Acquired	Online platform of multi-category grocery products	$750K	Venture Friends, Souq & 1 others	67/100
4th	noon 2016, Dubai (United Arab Emirates), Series A	Online marketplace offering multi-category consumer products	-	Alshaya, Public Investment Fund	65/100
5th	Barakat 1976, Dubai (United Arab Emirates), Unfunded	Online retailer offering food products	-	-	56/100
6th	Wadi 2015, Dubai (United Arab Emirates), Acquired	Online horizontal marketplace for middle eastern countries.	$97M	Al Tayyar Travel Group, Majid Al Futtaim	56/100
7th	Souq 2005, Dubai (United Arab Emirates), Acquired	Online retailer of various products including electronics, fashion, and groceries	$350M	Tiger Global Management, Naspers & 15 others	55/100
8th	Kibsons International 1980, Dubai (United Arab Emirates), Unfunded	Online retailer offering multi-category grocery products	-	-	50/100
9th	Yallamarket 2021, Dubai (United Arab Emirates), Seed	Online platform offering multi-category grocery products	$10.5M	Dubai Angel Investors, Flyer One Ventures ... & 7 others	49/100
10th	WEE 2021, Dubai (United Arab Emirates), Seed	Online retailer of beauty, health, grocery, household, and fashion products	$16.5M	SIG	49/100