How Much Did Oliv Raise?
Funding & Key Investors

Oliv, a career platform focused on the youth of MENA, has secured $2M in total capital. The company recently announced a $2M major strategic investment, underscoring its growth trajectory and market position. This latest financing round follows a Series A round in May 2019, indicating a sustained interest in Oliv's mission to bridge the gap between young talent and employment opportunities in a region with high youth unemployment.

What is Oliv?

Oliv
SoftwareHuman Resources SoftwareBusiness Services

Headquartered in Dubai, United Arab Emirates, Oliv (formerly InternsME) operates as a comprehensive career platform dedicated to empowering the youth across the MENA region. The company addresses the critical issue of high youth unemployment by connecting talented students, recent graduates, and experienced professionals with leading employers for both internships and full-time positions. By leveraging technology, Oliv aims to simplify the career launch process, making it more personal and rewarding. The platform serves as a nexus for thousands of students and graduates, aligning their ambitions and personalities with relevant career paths. Furthermore, Oliv supports over 1,500 businesses, ranging from startups to global corporations, in their efforts to recruit emerging talent, maintain robust talent pipelines, and reduce employee turnover.

How much funding has Oliv raised?

Oliv has raised a total of $2M across 1 funding round:

2019

Series A

$2M

Series A (2019): $2M with participation from Aloshba and Alnamlah Family Groups

Key Investors in Oliv

Aloshba and Alnamlah Family Groups

Aloshba and Alnamlah Family Groups are significant backers, likely providing strategic capital and industry insights to support Oliv's mission in the MENA region.

What's next for Oliv?

The recent major strategic investment signifies a pivotal moment for Oliv, positioning it for accelerated expansion and enhanced service offerings. With a clear focus on addressing the persistent challenge of youth unemployment in the MENA region, this capital infusion is expected to fuel technological advancements, broaden market reach, and strengthen strategic partnerships. Oliv's commitment to aligning ambitions with opportunities suggests a future where its platform plays an even more integral role in shaping the careers of young professionals and supporting the growth of businesses across the region. The company's enterprise-level funding context points towards a scaling phase, likely involving market penetration, product development, and potentially new geographical expansions.

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Frequently Asked Questions Regarding Oliv Financial Insights

What are the most recent funding rounds that Oliv has completed, and what were the funding rounds?
Oliv has recently completed 1 funding rounds: Series A on May 8, 2019.
What is the total amount of funding Oliv has raised to date?
Oliv has raised a total of $2M in funding to date.
How many funding rounds has Oliv completed?
Oliv has completed 1 funding rounds.
How much funding did Oliv raise in its most recent funding round?
Oliv raised $2M in its most recent funding round.
Who are the lead investors in Oliv's latest funding round?
The lead investor in Oliv's latest funding round was Aloshba and Alnamlah Family Groups. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Oliv's history?
The largest funding round in Oliv's history was $2M.
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