MDD is a supply chain and procurement management specialist founded in mid‑2019 in Saudi Arabia. Its core product is the "OFSP" methodology, which integrates financial technology with supply chain and procurement to cover order initiation, financing, sourcing, and payment. The company said it closed a Series A round but did not disclose the total amount. MDD reported selling 5% of its shares for more than SAR 100 million to a single investor. The firm is working to close gaps in the industry, particularly around funding. It has received preliminary approval for its business plan from the Saudi Central Bank (SAMA).

Total raised

$27M

Funding rounds

1

Latest round

Series A

Latest activity

May 2024