Udora raises $10 million to enter Saudi Arabia

Slava Bogdan, founder and CEO of Udora
Slava Bogdan, founder and CEO of Udora (Source: Wamda)

Dubai-based gifting platform Udora has raised $10 million in funding to enter the Saudi Arabian market. 

The business-to-consumer marketplace already operates across 1500 cities.

Udora said it will use its recent funding to improve its technology, including AI tools to improve personalisation. It will launch in Saudi Arabia in the third quarter of 2026, aiming to replicate its success in the UAE.

After expanding its seller network by 66.5 per cent in 2025, Udora said that all of its orders in the region are fulfilled by local SMEs.

The Middle East and North Africa region accounts for around one-third of the company’s total value. Now, it is positioning itself as a global, local-first marketplace.

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