What is Gathern?
Founded in 2016 and headquartered in Riyadh, Saudi Arabia, Gathern operates as a peer-to-peer vacation rental marketplace. The company has established a significant presence across the Kingdom, serving over 100 cities including major hubs like Riyadh, Jeddah, Dammam, Abha, Al-Baha, Taif, Al-Ula, and Umluj. Gathern aims to connect property owners with travelers seeking unique accommodation experiences, leveraging technology to streamline the booking and management process within the Saudi Arabian tourism landscape.
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 Nuwa Capital, Pinnacle West Capital, Endeavor Catalyst, Sanabil Investments, and STV
Key Investors in Gathern
Nuwa Capital
Founded in 2020 and headquartered in Dubai, Nuwa Capital specializes in providing investment services for businesses, likely focusing on early-stage and growth-stage companies in the MENA region.
Sanabil Investments
Sanabil Investments is a commercial investment company with a multi-billion paid-up capital that focuses on global private investments in venture and growth assets, offering patient capital and access to the GCC market.
STV
STV is the Middle East & North Africa (MENA) region's largest venture capital fund, backing and scaling disruptive technology companies with significant deployable capital.
What's next for Gathern?
With the recent major strategic investment, Gathern is poised for accelerated growth and market penetration. The substantial capital injection, indicated by $72M, suggests a focus on scaling operations, enhancing its technological infrastructure, and potentially expanding its service offerings. This funding round, following its Series A, signals a transition into a more mature growth phase, likely involving strategic partnerships and market consolidation efforts to solidify its leadership in the region's vacation rental market.
See full Gathern company page
