What is Morni?
Headquartered in Riyadh, Morni operates as a specialized provider within the Automotive Service and Collision Repair industry. By leveraging a robust service model, the company addresses critical gaps in vehicle maintenance and emergency roadside assistance. With a workforce of 20 to 49 professionals and annual revenues ranging between 5M and 10M, Morni has established itself as a key player in the regional automotive ecosystem. The company's focus on digital-first service delivery allows it to maintain high operational efficiency while meeting the growing demand for reliable, on-demand automotive support in the Middle East.
How much funding has Morni raised?
Morni has raised a total of $14.7M across 2 funding rounds:
Series A
$5.6M
Series B
$9.1M
Series A (2019): $5.6M, investors not publicly disclosed
Series B (2020): $9.1M led by G Square Investments
Key Investors in Morni
G Square Investments
A venture capital firm focused on identifying and scaling high-growth enterprises within emerging markets.
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Morni?
With the recent influx of capital, Morni is well-positioned to accelerate its enterprise-level expansion. The strategic roadmap likely involves deepening its technological integration to streamline collision repair workflows and expanding its service footprint across the Kingdom. By prioritizing operational scalability and service diversification, the company aims to capture a larger share of the automotive aftermarket. Future growth will likely hinge on the firm's capacity to maintain service quality while navigating the complexities of the regional automotive landscape, ultimately driving long-term value for its stakeholders and investors.
See full Morni company page