Qoyod Competitive Intelligence & Landscape

Headquartered in Riyadh, Saudi Arabia, Qoyod targets small to medium-sized enterprises across various sectors, offering tools for financial management, electronic invoicing, inventory, and sales management (Lucidity Insights). As of 2026, the company employs between 51 and 200 staff members and has garnered recognition for its innovative approach, including a Series A funding round of $2.10 million led by Merak Capital in December 2020 (Bounce Watch). Its value proposition lies in providing seamless, integrated cloud solutions that accelerate accounting operations and enhance decision-making capabilities for businesses in the region.

Regarding paid plans, Qoyod provides several tiers designed to scale with business growth. As of March 2026, the basic plan is priced at 120 SAR per month, offering essential accounting features. The pro plan costs 180 SAR per month, providing more advanced control and analytics, while the advanced plan is priced at 330 SAR monthly, suitable for larger enterprises with comprehensive needs (Qoyod).

In addition to standard subscription plans, Qoyod frequently runs promotional discounts, including up to 35% off on annual billing and other special offers for startups, charities, and students. Recent updates indicate that the company continues to promote flexible pricing options, including tiered plans and discounts, to accommodate various customer segments (Qoyod, Qoyod). Overall, Qoyod's pricing strategy emphasizes affordability, scalability, and value-added features, with recent changes focusing on promotional discounts and tiered plans to attract diverse users.

There are no publicly reported layoffs for Qoyod as of March 2026, which signals a stable strategic approach centered on growth rather than restructuring. The company’s recent hiring trends, including job postings on platforms like Built In, indicate an emphasis on recruiting talent in areas such as finance, sales, and engineering, aligning with its goal to enhance its cloud-based accounting solutions (Built In).

Overall, Qoyod’s hiring patterns and stable employment figures reflect a strategic focus on scaling operations and strengthening its competitive position in the SaaS accounting industry, especially within its core markets in Saudi Arabia and neighboring regions.

Regarding its financial performance, Qoyod’s focus on providing accessible, user-friendly accounting solutions has helped it establish a significant presence in the KSA SaaS market. Its valuation details remain undisclosed, but the successful Series A funding round suggests investor confidence in its business model and growth prospects (tracxn.com).

In terms of M&A activity, there are no publicly available reports of acquisitions or mergers involving Qoyod as of March 2026. However, its recent funding success and strategic positioning imply potential future M&A opportunities or strategic partnerships to expand its product offerings and market reach (thestartupscene.me). Overall, Qoyod's financial health appears robust, supported by recent funding, steady market growth, and increasing adoption of its cloud accounting solutions.

While Qoyod is actively involved in digital courses and training paths, which may include webinars or online community engagement, there is no explicit mention of participation in physical or virtual events like conferences or trade shows in the provided results. For detailed information on their event participation, it might be necessary to consult their official website or contact them directly.