QVM Software

What QVM Software does

QVM Software is a Riyadh-headquartered private company classified as a B2B SaaS-Enabled Marketplace (SEM) solution. Founded in 2020 with a headcount in the 1-10 range, it operates in the parts sector as indicated by its qvm.parts domain. The company combines SaaS tooling with marketplace functionality intended for business customers, though the specific buyer and seller segments it targets are not disclosed in available sources.

The company's product surface, platform architecture, integrations, and underlying technology stack are not documented in the available data. The public web presence at qvm.parts currently serves only a default Apache2 Ubuntu placeholder page, providing no insight into feature set, pricing mechanics, or go-to-market approach. No APIs, SDKs, proprietary features, or product launches are recorded.

The business model is described at a high level as a SaaS-enabled marketplace, but no pricing model, transaction fee structure, or revenue mechanics are disclosed. The company has raised three early-stage rounds (Oqal in 2019, Awab Holdings leading in December 2020, and Taqadam in January 2021), with no disclosed deal sizes. Leadership consists of co-founders Abdullah Al-Zain (CMO) and Fareed Rezaei (CTO), with Fawaz AlOtaibi serving as Chairman. Overall, the available information describes a very early-stage Saudi venture with minimal public operational footprint.

Name

QVM Software

Website

https://qvm.parts

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

QVM Software is a Riyadh-based B2B SaaS-Enabled Marketplace operating in the parts sector. Founded in 2020, the early-stage private company combines SaaS tooling with marketplace functionality for business customers, maintained by a small founding team.

Ownership category

akta.pro rank

Product category

B2B SaaS Marketplace Platform

NAICS

Software Publishers (5132)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

B2B Marketplaces & Wholesale Platforms (BPAMAGAD)

akta.pro secondary industry

Wholesale/B2B Generalist Marketplaces (CRAFAAAF)

Keywords

• B2B marketplace software
• SaaS enabled marketplace
• Parts ecommerce platform
• Vendor sourcing platform
• Supplier marketplace

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Core offering

QVM Software operates as a B2B SaaS Enabled Marketplace (SEM) solution, providing a software platform that facilitates marketplace transactions between business buyers and sellers. Based in Riyadh, Saudi Arabia, the company leverages a ".parts" web domain, indicating a focus on parts sourcing and supplier connections for business customers. The live company website currently displays only a default Apache2 Ubuntu server placeholder page, so detailed product/feature descriptions are not publicly available.

Product overview

No product information available. The source data contains only a default Apache2 Ubuntu server placeholder page, not actual company website content.

Differentiator

Problem solved

Functional benefit

Products and services

• QVM SaaS Marketplace Platform

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Expansion highlights3 records

Direct peers

• Sary: Saudi-based B2B marketplace for grocery and FMCG supplies, often cited as a model for MENA B2B SaaS-enabled marketplaces. Highly comparable to QVM in geography, marketplace-plus-tech model, and Saudi Vision 2030 tailwinds, though focused on FMCG rather than parts.
• PartSouq: UAE-based auto parts catalog and e-commerce platform serving the MENA aftermarket. Directly comparable to QVM on the parts vertical, though PartSouq leans more toward catalog/retail than a true two-sided B2B marketplace.
• Nana: Saudi B2B grocery platform serving HORECA and retail buyers with a marketplace plus SaaS layer. Closely comparable to QVM in business model, geography, and target buyer profile, even though Nana operates in food/grocery rather than parts.

Regional players

• TradeKey: A longstanding Middle East-rooted B2B marketplace connecting global suppliers with regional buyers. Directly comparable to QVM in regional B2B marketplace positioning, with overlapping buyer base in Saudi Arabia and the GCC.

Broad incumbents

• Noon: Leading Middle East general e-commerce platform backed by major regional investors, with growing B2B and marketplace offerings. Comparable to QVM in regional buyer reach and Saudi footprint, though broader in category scope.
• Amazon Business: Amazon's B2B procurement marketplace extending its consumer logistics and catalog into wholesale purchasing. Comparable to QVM in targeting B2B buyers with marketplace plus supplier tooling, though at global scale and with far deeper capital and selection.
• Alibaba.com: The dominant global B2B wholesale marketplace, directly comparable to QVM's marketplace ambition for parts and industrial goods. Operates at vastly larger scale and serves MENA buyers including Saudi Arabia, setting the competitive ceiling QVM must differentiate against.

Emerging players

• Zid: Saudi-based SaaS platform providing storefronts and commerce tooling to SMEs, increasingly moving into marketplace and B2B enablement. Comparable to QVM in the SaaS-enabled commerce model and Riyadh base, though Zid serves merchants more broadly than parts specifically.
• AutoPartsway: Online B2B/B2C auto parts retailer with a marketplace-style catalog. Comparable to QVM as a parts-specific e-commerce operator, though with a stronger North American footprint and less of a SaaS angle.
• Mowasalat-style logistics marketplaces (TruKKer): TruKKer is a MENA digital freight and logistics marketplace with a SaaS-enabled model. Comparable to QVM in applying the SaaS-enabled marketplace playbook in MENA, though focused on trucking rather than parts commerce.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about QVM Software