Fundz

Yalla Plus raised $2.7 million in a seed funding round led by Merak Capital to enhance hospitality technology.

PRIVATEAug 18, 2024

Amount Raised

$2.7 Million

Round Type

Seed

RiyadhSoftwareHospitality

Investors

Isometry CapitalKhwarizmi VenturesMerak Capital

Description

Yalla Plus, a Riyadh-based startup, announced the closure of its seed funding round, raising 10 million SAR ($2.7 million USD). The round was supported by investors Merak Capital, Khwarizmi Ventures, Isometry Capital, and various angel investors.

Quick answer

Yalla Plus raised $2.7 Million in a Seed round, dated August 18, 2024. Investors: Isometry Capital, Khwarizmi Ventures and Merak Capital. Yalla Plus is based in Riyadh, Riyadh Region, Saudi Arabia.

How much did Yalla Plus raise?
Yalla Plus raised $2.7 Million in a Seed round on August 18, 2024.
Who invested in Yalla Plus?
Isometry Capital, Khwarizmi Ventures and Merak Capital are named as investors in this round.
What does Yalla Plus do?
Yalla Plus is a Riyadh-based technology company founded in 2022, dedicated to transforming the hospitality industry through its comprehensive tech platform.
Where is Yalla Plus based and how big is it?
Yalla Plus is based in Riyadh, Riyadh Region, Saudi Arabia. Fundz records about 59 employees.
Who are the decision-makers at Yalla Plus?
Fundz holds 1 contact at Yalla Plus. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hospitality and Software around the same time

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

  • Billables AI raised $3.9M (Seed) on October 2, 2024.
  • Vizit raised $25M (Series B) on October 2, 2024.
  • Formality raised $8.9M (Funding Round) on October 2, 2024.
  • fynk raised $3.5M (Seed) on October 2, 2024.
  • Ameba raised $7.1M (Seed) on October 2, 2024.
  • Pallet raised $18M (Series A) on October 2, 2024.

Who to call at Yalla Plus, and when

A new round usually means Yalla Plus is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Yalla Plus raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Yalla Plus, from your own LinkedIn network

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Company Information

Company

Yalla Plus

Location

Riyadh, Riyadh Region, Saudi Arabia

About

Yalla Plus is a Riyadh-based technology company founded in 2022, dedicated to transforming the hospitality industry through its comprehensive tech platform. Offering an integrated POS system, Yalla Plus enables restaurants and cafes to manage payments, customer feedback, and delivery solutions efficiently. The company is committed to empowering businesses globally and contributing to Saudi Arabia's Vision 2030.

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