Saudi Startup Yamm Secures Seed Funding to Advance Instant Refund Solutions
Saudi-based startup Yamm, specializing in returns and refunds solutions, has announced the closure of a Seed investment round, co-led by Vision Ventures and Arzan Venture Capital, with participation from 2Pi Ventures, Plus VC, and F6 Ventures, alongside a group of angel investors.
This round follows the company’s Pre-Seed round closed in October 2024, highlighting growing investor confidence in Yamm’s technology-driven approach to post-purchase experience management.
Founded in late 2023 by Sultan Al-Subhi, Mohammed Al-Shallati, and Hammada Al-Khaldi, Yamm offers an end-to-end platform for post-purchase experience management, enabling customers to initiate returns and receive instant cash refunds or product exchanges within seconds.
The platform also equips merchants with advanced analytics tools, logistics integrations, and flexible financial settlement mechanisms, significantly reducing reliance on manual processes and minimizing long waiting periods.
Since its launch, Yamm has processed a large volume of refund transactions, achieving an average refund time of less than 30 seconds, according to the company’s statement.
By enabling seamless integration with e-commerce platforms and banking systems, Yamm helps merchants increase repeat purchase rates, lower operational costs, and onboard quickly without technical complexity.
