What is Gathern?
Founded in 2016 and headquartered in Riyadh, Gathern operates a sophisticated peer-to-peer marketplace that connects property owners with travelers seeking diverse accommodation options. With a presence spanning over 100 cities across the Kingdom of Saudi Arabia—including key hubs like Riyadh, Jeddah, and Al-Ula—the platform serves as a critical infrastructure layer for the local tourism industry. By facilitating seamless transactions and providing a curated inventory of vacation rentals, Gathern addresses the growing demand for flexible, authentic travel experiences in a rapidly modernizing market.
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 Vision Ventures, STV, and 500 Global
Series B (2025): $72M led by Pinnacle West Capital, Nuwa Capital, Endeavor Catalyst, Sanabil Investments, and STV
Key Investors in Gathern
Vision Ventures
Vision Ventures is a firm specializing in fintech and algorithmic trading strategies, providing high-impact business solutions to a diverse range of corporate and individual clients.
500 Global
500 Global is a prominent venture capital firm headquartered in California that invests in high-growth technology companies across the globe.
STV
STV is the largest venture capital fund in the MENA region, dedicated to backing and scaling disruptive technology companies with significant deployable capital.
What's next for Gathern?
With this latest capital injection, Gathern is expected to prioritize aggressive market expansion and technological enhancement. The company will likely focus on deepening its penetration in existing Saudi markets while potentially exploring cross-border opportunities within the GCC. Strategic investments in platform scalability, user experience optimization, and supply-side acquisition will be paramount as the firm seeks to maintain its competitive edge. Furthermore, the involvement of high-caliber institutional investors suggests a focus on sustainable growth and long-term value creation, potentially setting the stage for future regional dominance in the hospitality tech vertical.
See full Gathern company page