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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
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.
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 | Source |
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| Question | Answer |
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| 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 Qoyod yet.
Qoyod employs approximately 221 people as of 2026, up from 147 in 2023, including 1 sales reps that carry a quota.
Qoyod generates an estimated $12M in annual revenue.
Qoyod was founded by Abdullah Aldayel.
The CEO of Qoyod is Abdullah Aldayel.
Qoyod is bootstrapped and has not raised outside funding.
Qoyod has 221 employees.
Qoyod is headquartered in Riyadh, Saudi Arabia.
Qoyod operates across multiple industries. Browse revenue, funding, and growth data for Qoyod 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
$12M(Est.)
Funding
$0
Team
221
Founded
2016
| Year | Milestone | Source |
|---|---|---|
| 2024 | Qoyod Hit $12m revenue in October 2024 | Estimated |
| 2023 | Qoyod Hit $6.1m revenue in December 2023 | Estimated |
| 2021 | Qoyod Hit $2.3m revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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