Sweply raised $2 million in a Seed funding round with participation from Sanabil 500 Global and Salla to expand its team, accelerate product development, and strengthen its position in the Arab and global markets.
Jun 27, 2024•over 1 year ago
Amount Raised
$2 Million
Round Type
seed
Investors
SallaSanabil 500 Global
Description
Saudi ad tech company Sweply raised $2 million in a Seed funding round with participation from Sanabil 500 Global and Salla. The company plans to use the investment to expand its team, accelerate product development, and strengthen its position in the Arab and global markets.
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