Dubai-based fintech Pemo raised $7 million in pre-Series A funding co-led by Shorooq Partners and Augmentum Fintech for its spend management platform.
Amount Raised
$7 Million
Round Type
Pre-Series A
DubaiProfessional ServicesFinancial ServicesInvestors
Description
Pemo has secured $7 million in pre-Series A funding to enhance its spend management platform. The funding will be used for product development and expansion into Saudi Arabia.
Quick answer
Pemo raised $7 Million in a Pre-Series A round, dated November 13, 2024. Investors: Augmentum FinTech and Shorooq Partners. Pemo is based in Dubai, Dubai, United Arab Emirates.
- How much did Pemo raise?
- Pemo raised $7 Million in a Pre-Series A round on November 13, 2024.
- Who invested in Pemo?
- Augmentum FinTech and Shorooq Partners are named as investors in this round.
- What does Pemo do?
- Pemo is a UAE-based startup on a mission to empower small and medium-sized enterprises (SMEs) across the Middle East, North Africa and Pakistan (MENAP) region by offering an all-in-one spend management platform that..
- Where is Pemo based and how big is it?
- Pemo is based in Dubai, Dubai, United Arab Emirates.
- Who are the decision-makers at Pemo?
- Fundz holds 1 contact at Pemo. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Professional Services and Financial Services around the same time
Companies in the same sectors as Pemo that raised within 45 days of this round, from Fundz verified event records.
- Receipts Depositary raised $76K (Pre-Seed) on October 18, 2024.
- RenoFi raised $12M on December 27, 2024.
- RenoFi raised $1.5M (Seed) on December 27, 2024.
- Brooklyn Artificial Intelligence Research raised an undisclosed amount (Funding Round) on December 24, 2024.
- Mars Energy Holdco raised $3.5M (Seed) on December 24, 2024.
- nQueue Zebraworks raised $4.5M (Series B) on December 23, 2024.
Who to call at Pemo, and when
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- An alert the day Pemo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pemo, from your own LinkedIn network
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Related People
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