---
title: "Salla raises $130m pre-IPO round led by Investcorp and Sanabil"
url: "https://cicadaconsultancy.online/en/news/salla-pre-ipo-130m-2024"
language: "en"
event_date: "2024-03-04"
published: "2026-10-03"
last_verified: "2026-10-03"
category: "Startups"
publisher: "Cicada (cicadaconsultancy.online)"
license: "CC BY 4.0"
---

# Salla raises $130m pre-IPO round led by Investcorp and Sanabil

- Event date: 4 March 2024 (2024-03-04)
- Topic: Startups
- In this story: Salla, Investcorp, Sanabil Investments, STV
- URL: https://cicadaconsultancy.online/en/news/salla-pre-ipo-130m-2024

Saudi e-commerce enablement platform Salla raised $130 million in a pre-IPO equity round co-led by Investcorp and Sanabil Investments, with participation from STV, Bloomberg reported on 4 March 2024. The company said the round was a milestone toward going public. It described the regional e-commerce market as worth about $20 billion.

## Key figures

- round size: $130 m

## Sources

1. [Investcorp, Sanabil Back Salla's $130 Million Pre-IPO Fundraise](https://www.bloomberg.com/news/articles/2024-03-04/investcorp-backs-salla-in-130-million-fundraise-ahead-of-ipo) — Bloomberg, 2024-03-04
2. [Latham Advises Salla on its US$130 Million Pre-IPO Equity Financing](https://lw.com/en/news/latham-advises-salla-on-its-pre-ipo-equity-financing) — Latham & Watkins, 2024-03-08

Archive report. Written in 2026 from contemporary sources and dated to the day the event happened.

---

Cicada · The signal in Saudi AI.
License: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/) · Full archive for language models: https://cicadaconsultancy.online/llms-full.txt