Zaam
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Zaam is a planned subscription service from Zension, a Riyadh-based device-care startup founded in 2018 by Khalid Saiduddin and Nikos Anastasiadis. Under the Zaam model, consumers pay a monthly fee for smartphones, laptops, and gadgets with the flexibility to upgrade — replacing one-time device costs. Zension raised a $30 million Series A led by Wa'ed Ventures (Aramco) to launch it in Q1 2025.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Zension founded
Zension founded in Riyadh by Khalid Saiduddin and Nikos Anastasiadis; device warranty and buy-back services.
- Series A and Zaam plan
Raised $30 million Series A led by Wa'ed Ventures; announced Zaam subscription service targeting Q1 2025 launch.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.