FundedIQ
Financial Services

NQOODLET: Funding, Investors & Team (Sep 2026)

NQOODLET is an electronic platform targeting SMEs to manage their expenses, purchases through the credit cards given to the employees.

nqoodlet.com LinkedIn Riyadh, Saudi Arabia 11-50 employees
FinTech
Total raised
$3.1M
Rounds
3
Latest
Seed
May 2025

NQOODLET has raised $3.1M across 3 funding rounds on record, the most recent a Seed of $3.0M announced in May 2025.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

NQOODLET Company Profile and Key Stats

Total funding raised
$3.1M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Seed
$3.0M in May 2025
Employees
11-50
reported band
Headquarters
Riyadh, Saudi Arabia

Latest funding round on record: May 2025.

NQOODLET Funding Rounds

Date
Round
Amount
Seed
$3.0M
Undisclosed round
$20k
Grant
$100k

NQOODLET raised $100k in a Grant announced in Mar 2022.

1.3 years later, an undisclosed round of $20k was announced in Jun 2023.

1.9 years later, a Seed of $3.0M was announced in May 2025.

NQOODLET Founders and Leadership Team

Name
Role
Contact
Moayad Alsowayegh
Founder
Locked
Mohamed Milyani
Founder

Contact details for the NQOODLET team: 1 of 2 have an email address on file.

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NQOODLET Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
237
$4.3M
16,485
$3.1M

NQOODLET's latest round of $3.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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NQOODLET Funding FAQs

What does NQOODLET do?

NQOODLET is an electronic platform targeting SMEs to manage their expenses, purchases through the credit cards given to the employees.

How much funding has NQOODLET raised?

NQOODLET has raised $3.1M across 3 rounds on record. The most recent is a Seed of $3.0M announced in May 2025.

When did NQOODLET last raise funding?

NQOODLET's most recent funding round on record is a Seed of $3.0M, announced in May 2025.

Who founded NQOODLET?

FundedIQ lists Moayad Alsowayegh (Founder), Mohamed Milyani (Founder) at NQOODLET.

Where is NQOODLET headquartered?

NQOODLET is based in Riyadh, Ar Riyad, Saudi Arabia.

How many employees does NQOODLET have?

NQOODLET is in the 11-50 employee band.

How does NQOODLET's funding compare to other Financial Services startups?

NQOODLET's latest round of $3.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's NQOODLET Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for NQOODLET is left off this page rather than filled in.

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