What is Gathern?
Founded in 2016, Gathern operates as a sophisticated digital marketplace connecting property owners with travelers seeking diverse accommodation options throughout Saudi Arabia. The platform has effectively digitized the traditional hospitality landscape, providing a seamless interface for users in key urban centers such as Riyadh, Jeddah, and Dammam, as well as emerging tourist destinations like Al-Ula and Al-Baha.
As a pivotal player in the regional sharing economy, Gathern addresses the unique requirements of the Saudi market by offering a curated selection of properties that cater to both domestic and international visitors. Its business model relies on high-frequency transaction volume and a scalable technology stack, allowing it to maintain a competitive edge against traditional hotel chains and global rental platforms.
How much funding has Gathern raised?
Gathern has raised a total of $78M across 2 funding rounds:
Series A
$6M
Series B
$72M
Series A (2021): $6M with participation from STV, 500 Global, and Vision Ventures
Series B (2025): $72M led by Endeavor Catalyst, Pinnacle West Capital, Nuwa Capital, Sanabil Investments, and STV
Key Investors in Gathern
STV
STV is the Middle East and North Africa region's largest venture capital fund, dedicated to backing and scaling disruptive technology companies with significant growth potential.
Sanabil Investments
Sanabil is a multi-billion dollar commercial investment firm that provides patient, resilient capital to global private investments across the venture and growth asset lifecycle.
Nuwa Capital
Headquartered in Dubai, Nuwa Capital is a specialized investment firm focused on providing strategic financial services and capital support to high-potential businesses.
What's next for Gathern?
With the successful closure of this Series B round, Gathern is expected to prioritize aggressive geographic scaling and product innovation. The strategic backing from major regional and global institutional investors provides the necessary runway to deepen its penetration in the GCC market and potentially explore cross-border expansion opportunities.
Future initiatives will likely focus on enhancing the user experience through advanced algorithmic matching, integrating value-added services for property hosts, and strengthening the platform's regulatory compliance framework. As the Kingdom continues to invest heavily in its tourism infrastructure, Gathern is well-positioned to capitalize on the long-term growth of the regional travel economy, transitioning from a high-growth startup to a dominant enterprise-level hospitality entity.
