2024 Revenue
$12M
Funding
$0
YOY
97.6%
Team
221
Founded
2016
How Qoyod CEO Abdullah Aldayel grew to $12M revenue with a 221 person team in 2024.
Provider of an online accounting and invoicing software intended to raise relevant competencies with productivity tools in order to ensure continuity and competition. The company's software offers services like the issue of purchase orders, stock management, point of sales service, API service, in addition to features of powers and approvals management by users regarding all transactions and reports available in the system which support the different operating systems, enabling start-up businesses and small to medium enterprises to have access to a wide range of packages and utilize the available accounting services offered by the platform, on a monthly or annual basis.
Last updated
Qoyod Revenue
In 2024, Qoyod's revenue reached $12M. The company previously reported $6.1M in 2023. Since its launch in 2016, Qoyod has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Qoyod Hit $12m revenue in October 2024 | |
| 2023 | Qoyod Hit $6.1m revenue in December 2023 | |
| 2021 | Qoyod Hit $2.3m revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
Qoyod Valuation, Funding Rounds
Qoyod is a bootstrapped Other Collaboration Software startup. Founded in 2016, Qoyod has grown to $12M in revenue without raising any venture capital or outside funding.
As a self-funded Other Collaboration Software SaaS company, Qoyod has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Qoyod yet.
Qoyod Employees & Team Size
Qoyod employs approximately 221 people as of 2026, up from 147 in 2023, including 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 221 employees (December 2024) |
| 2024 | Reached 147 employees (October 2024) |
| 2023 | Reached 147 employees (December 2023) |
| 2022 | Reached 90 employees (December 2022) |
| 2021 | Reached 66 employees (December 2021) |
| 2021 | Reached 27 employees (April 2021) |
Frequently Asked Questions about Qoyod
What is Qoyod's revenue?
Qoyod generates an estimated $12M in annual revenue.
Who founded Qoyod?
Qoyod was founded by Abdullah Aldayel.
Who is the CEO of Qoyod?
The CEO of Qoyod is Abdullah Aldayel.
How much funding does Qoyod have?
Qoyod is bootstrapped and has not raised outside funding.
How many employees does Qoyod have?
Qoyod has 221 employees.
Where is Qoyod headquarters?
Qoyod is headquartered in Riyadh, Saudi Arabia.
Compare Qoyod to the industry
Qoyod operates across multiple industries. Browse revenue, funding, and growth data for Qoyod 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.
Claim this profilePeople Also Viewed

Paligo
Paligo, headquartered in Sweden and founded in 2020, is a Component Content Management System (CCMS) that enables enterprise technical writers to create, reuse, and publish structured documentation across 30-plus integration points, including Zendesk and Intercom. The company is led by CEO Rahul Yadav, who joined in December 2025 after serving as CTO at Milestone Systems (Canon Group) and Chief Technology and Digital Officer at TV2 Denmark. The original co-founders, Anas and Frank, remain involved as a board member and an engineering architect, respectively. Ownership is split roughly equally among the founder group, Stockholm-based B2B SaaS private equity firm Alvin and Rickson, and Grow Capital from Copenhagen, which led a $29M Series A in April 2023. Paligo grew from $2.2M in revenue in 2020 to $11.3M in 2024, then added another 11% to reach $12.5M in 2025. The company serves approximately 500 enterprise customers across 38 countries, with deal sizes ranging from $25K to $150K per year. As of the latest data, Paligo has 90 employees and a valuation of $37.5M. Yadav is targeting 18 to 20% ARR growth in 2026, with significantly higher ambitions for 2027 and beyond. The single most important strategic inflection point is Paligo's pivot from a structured authoring tool to what Yadav calls an AI-native structured truth platform. The company has accumulated more than 3 billion governed, semantically rich words and approximately 1.5 million reusable content components in DocBook XML, which Yadav argues is the largest such dataset in regulated industries like medtech and manufacturing. Rather than bolting AI features onto its existing product, Paligo is building end-to-end ingestion-to-consumption infrastructure designed to ground enterprise AI agents in verified structured content, a category Yadav says no competitor has yet defined.

Bevywise Networks
An end to end product & solution provider for your IoT & IIoT requriement. MQTT Broker, IoT Simulator and IoT Platform are the key products.

Smartfrog & Canary
Smartfrog is a camera that lets users see what's happening in any place, at any time.

Ecosystems.io
Unlocking Potential, Powering Progress: Vivienne AI - Where Innovation Meets Intelligence!

Astra Security
Astra Security is a privately held U.S. & India based cyber security company. Backed by Techstars, Astra offers a Pentest Platform that helps organizations become proactively secure. The Pentest Platform uncovers more than 30,000+ vulnerabilities for its customers every month, saving its customers millions of dollars in potential loss and thousands of developer hours. The company has earned several accolades including ‘The Most Innovative Security Company’ by Prime Minister Narendra Modi at the Global Conference on Cyber Security (2017), one of the top 50 emerging cybersecurity companies at ‘Emerge 50’ by NASSCOM, the French Tech Ticket under which Astra Security got rewarded by the President of France under the La French Tech program. In 2021, Astra Security was also named as a CyberTech100 company. Astra is a trusted security partner to some of the well-known brands like Muthoot Finance, NIIT, Goldcast, ITC & more. Our flagship product, ASTRA, brings together an extensive feature set of manual/automated penetration testing tools, while performing a comprehensive vulnerability assessment and proactively responds to threats.

Cryptio.co
85 associated members


