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Ejari raised $14.65 million in a Seed round led by Partners for Growth and BECO Capital to enhance its Rent Now, Pay Later solution for the Saudi real estate market.

PRIVATEOct 09, 2024

Amount Raised

$14.7 Million

Round Type

Seed

RiyadhReal EstateFintechProperty ManagementCommercial Real Estate

Investors

Partners For GrowthSalica Oryx FundAqar PlatformVision VenturesAlinma Bank (Alinma Pay)Rua VenturesAnb SeedBeco Capital

Description

Ejari, a prop-tech and fintech platform based in Saudi Arabia, closed a $14.65 million Seed round which is a mix of debt and equity. The round was led by Partners for Growth, BECO Capital, and other prominent investors to strengthen its market share in the residential rental space. Founded in 2022, Ejari aims to provide flexible payment options in the Saudi real estate rental market.

Quick answer

Ejari raised $14.7 Million in a Seed round, dated October 9, 2024. Investors: Partners For Growth, Salica Oryx Fund, Aqar Platform, Vision Ventures, Alinma Bank (Alinma Pay), Rua Ventures, Anb Seed and Beco Capital. Ejari is based in Riyadh, Riyadh Region, Saudi Arabia.

How much did Ejari raise?
Ejari raised $14.7 Million in a Seed round on October 9, 2024.
Who invested in Ejari?
Partners For Growth, Salica Oryx Fund, Aqar Platform, Vision Ventures, Alinma Bank (Alinma Pay), Rua Ventures, Anb Seed and Beco Capital are named as investors in this round.
What does Ejari do?
Ejari is a Saudi-based property technology (prop-tech) and fintech platform founded in 2022.
Where is Ejari based and how big is it?
Ejari is based in Riyadh, Riyadh Region, Saudi Arabia. Fundz records about 20 employees.
Who are the decision-makers at Ejari?
Fundz holds 2 contacts at Ejari. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate and Fintech around the same time

Companies in the same sectors as Ejari that raised within 45 days of this round, from Fundz verified event records.

  • Beeline Holdings raised $1.6M (Series A) on November 14, 2024.
  • Connexus raised $155K (Seed) on October 28, 2024.
  • Estie raised $19M (Series B) on October 8, 2024.
  • Beeline Holdings raised $56M on October 7, 2024.
  • Flent raised $778K (Pre-Seed) on September 25, 2024.
  • Compass International Holdings raised $3.5M (Seed) on September 8, 2024.

Who to call at Ejari, and when

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Company Information

Company

Ejari

Location

Riyadh, Riyadh Region, Saudi Arabia

About

Ejari is a Saudi-based property technology (prop-tech) and fintech platform founded in 2022. It offers a Rent Now, Pay Later (RNPL) solution tailored for the Saudi real estate rental market. The platform aims to provide flexibility for tenants by addressing the need for more adaptable payment options, enabling a shift in how rental payments are structured. Ejari has generated significant demand for its services and operates across multiple cities in Saudi Arabia.

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Ejari raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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