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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
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.
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 | - | - |
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.
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Fodel yet.
Fodel employs approximately 23 people as of 2026.
Fodel generates an estimated $2.7M in annual revenue.
Fodel was founded by Soumia Benturquia.
The CEO of Fodel is Soumia Benturquia.
Fodel raised $2.6M across 1 round.
Fodel has 23 employees.
Fodel is headquartered in Riyadh, Saudi Arabia.
Fodel operates across multiple industries. Browse revenue, funding, and growth data for Fodel in each sector below.
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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2024 Revenue
$2.7M(Est.)
Funding
$2.6M
Team
23
Founded
2017
| 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 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 23 employees (October 2024) | |
| 2023 | Reached 23 employees (October 2023) | |
| 2022 | Reached 22 employees (October 2022) | |
| 2021 | Reached 19 employees (December 2021) | |
| 2021 | Reached 13 employees (April 2021) |
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