What is Mabaat?
Mabaat operates an online real estate platform, aiming to streamline property transactions and management within Saudi Arabia. The company's technological approach to the real estate market positions it as a key player in the region's digital transformation initiatives. This enterprise-level funding context suggests Mabaat is in a growth phase, likely focused on expanding its platform's reach and capabilities.
How much funding has Mabaat raised?
Mabaat has raised a total of $2.4M across 1 funding round:
Angel/Seed
$2.4M
Angel/Seed (2021): $2.4M with participation from SEEDRA Ventures and Deryah Ventures
Key Investors in Mabaat
SEEDRA Ventures
SEEDRA Ventures is an investment firm that likely focuses on early-stage technology companies, providing seed capital to promising startups.
Deryah Ventures
Deryah Ventures is an investor in this funding round. Further details on their investment focus are not publicly available.
What's next for Mabaat?
With this substantial backing, Mabaat is poised for accelerated expansion. The strategic investment is expected to fuel product development, enhance user acquisition efforts, and potentially explore new market segments within the Kingdom and beyond. The company's trajectory indicates a strong focus on solidifying its market leadership in the online real estate domain.
See full Mabaat company page