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.
Amount Raised
$2 Million
Round Type
Seed
RiyadhAdvertisingArtificial IntelligenceMachine LearningMarketingInvestors
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.
Quick answer
Sweply raised $2 Million in a Seed round, dated June 27, 2024. Investors: Salla and Sanabil 500 Global. Sweply is based in Riyadh, Riyadh Region, Saudi Arabia.
- How much did Sweply raise?
- Sweply raised $2 Million in a Seed round on June 27, 2024.
- Who invested in Sweply?
- Salla and Sanabil 500 Global are named as investors in this round.
- What does Sweply do?
- Sweply is a Saudi ad tech company that specializes in leveraging AI and machine learning to optimize ad placements, boost engagement, and maximize conversions across digital channels.
- Where is Sweply based and how big is it?
- Sweply is based in Riyadh, Riyadh Region, Saudi Arabia. Fundz records about 23 employees.
- Who are the decision-makers at Sweply?
- Fundz holds 1 contact at Sweply. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Advertising and Marketing around the same time
Companies in the same sectors as Sweply that raised within 45 days of this round, from Fundz verified event records.
- Ability.ai raised $1.1M (Pre-Seed) on June 25, 2024.
- BranchLab raised an undisclosed amount (Seed) on June 6, 2024.
- HighPerformr raised $3.5M (Seed) on May 14, 2024.
- NuvoRetail raised $350K (Funding Round) on August 9, 2024.
- Bendi Software raised $1M (Seed) on August 9, 2024.
- Contextual AI raised $80M (Series A) on August 9, 2024.
Who to call at Sweply, and when
A new round usually means Sweply is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sweply raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sweply, from your own LinkedIn network
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Related People
Sweply 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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