Saudi’s Rwaj Raises USD 1.2M to Build Live Shopping & Auction Marketplace
Summary
Rwaj raised USD 1.2 million in pre-seed funding to expand its live social shopping and auction marketplace. The company plans to use the capital to accelerate product development and growth across the GCC. Its platform combines livestream selling, fixed-price purchases, timed auctions, escrow payments, and integrated shipping in one flow. Rwaj also offers an Arabic-first bilingual experience and supports payments through Mada, Apple Pay, and cards. The company wants to turn existing social commerce behavior into a standalone marketplace with stronger seller and buyer engagement.
Funding
Amount
$1.2M
Total raised
Date
September 4, 2026
Announcement date
Investors
-
Lead investors
Company
rwaj.co
Funded company
AskAI Classifications
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