iMENA builds and scales high-growth internet marketplaces, operating brands including OpenSooq, SellAnyCar and Jeeny across real estate, automotive and mobility sectors. The group operates in Saudi Arabia, UAE, Jordan, Oman, Kuwait and the broader Middle East region. iMENA says its businesses are profitable and growing rapidly, with an average annual growth rate exceeding 55%. Almost 40% of aggregate revenues come from Saudi Arabia and another 40% from the UAE, which the company identifies as its two core strategic markets. The company has restructured into a Saudi Closed Joint Stock Company (iMENA Holding) and intends to increase its shareholdings in its three high‑performing businesses, drive vertical and geographic expansion, and improve synergies across platforms. Management cites the transformation as part of preparing for a potential public listing on the Saudi Exchange.

Total raised

$135M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2025