Growdash raises $1.8 million in seed round led by Oryx Fund and Oraseya Capital
May 30, 2024•over 1 year ago
Amount Raised
$1.8 Million
Round Type
seed
Investors
Abdullah MohamadMohamed ZourobAngel SparkGcc AngelsTpn InvestmentsOraseya CapitalOryx Fund
Description
Dubai based Growdash has successfully raised AED6.8 million (US$1.8 million) in seed funding. The funding round was led by Oryx Fund and Oraseya Capital, and the company plans to accelerate its product roadmap and expand its technology to the Kingdom of Saudi Arabia and Central Eastern Europe.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers