2024 Revenue
$2.7M(Est.)
Funding
$2.6M
Team
23
Founded
2017
Fodel Revenue & Funding (2024)
Fodel generated an estimated $2.7M in annual revenue in 2024. Source: GetLatka estimate
Developer of an online tracking platform intended to offer a network of pick-up locations as an alternative to home delivery. The company's solutions connect e-commerce companies, logistics providers and local merchants which act as pick-up locations, to optimize the last mile delivery, enabling online shoppers to receive their parcels faster, cheaper and at a place and time most convenient to them.
Last updated
Fodel Revenue
In 2024, Fodel's revenue reached $2.7M. The company previously reported $1.5M in 2023. Since its launch in 2017, Fodel has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Fodel Hit $2.7m revenue in October 2024 | Estimated |
| 2023 | Fodel Hit $1.5m revenue in October 2023 | Estimated |
| 2021 | Fodel Hit $1m revenue in April 2021 | Not recorded |
| 2017 | Launched with $0 revenue |
Fodel Valuation, Funding Rounds
Fodel has not publicly disclosed its valuation. The company has raised $2.6M in total funding to date.
Fodel has raised $2.6M in total funding across 1 round, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $2.6M | - | - | Not recorded |
Founder / CEO
Soumia Benturquia
CEO
Soumia Benturquia, Founder & CEO of last mile delivery startup FODEL has won the 'Achieving Women Award' in the Logistics category during the Entrepreneur Middle East event which recognised prominent women in business.
Fodel Employees & Team Size
Fodel employs approximately 23 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 23 employees (October 2024) | Not recorded |
| 2023 | Reached 23 employees (October 2023) | Not recorded |
| 2022 | Reached 22 employees (October 2022) | Not recorded |
| 2021 | Reached 19 employees (December 2021) | Not recorded |
| 2021 | Reached 13 employees (April 2021) | Not recorded |
Frequently Asked Questions about Fodel
What is Fodel's revenue?
As of 2024, Fodel generated an estimated $2.7M in annual revenue.
Who founded Fodel?
Fodel was founded by Soumia Benturquia.
When was Fodel founded?
Fodel was founded in 2017.
Who is the CEO of Fodel?
The CEO of Fodel is Soumia Benturquia.
How much funding does Fodel have?
Fodel raised $2.6M across 1 round.
How many employees does Fodel have?
As of 2024, Fodel had 23 employees.
Where is Fodel headquartered?
Fodel is headquartered in Riyadh, Saudi Arabia.
Compare Fodel to the industry
Fodel operates across multiple industries. Browse revenue, funding, and growth data for Fodel in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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