2024 Revenue
$12M
Funding
$0
YOY
97.6%
Team
221
Founded
2016
How Qoyod CEO Abdullah Aldayel grew Qoyod 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 $12M in 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 raised $0.
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.
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