Tech Company Financing Transactions
Resal Funding Round
On 8/20/2024, Resal raised $9 million in Series A funding from Ad Diriyah Asset Management, Al-Wafra Al-Thanya and Bugshan Investment.
Transaction Overview
Company Name
Announced On
8/20/2024
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its business growth within the Kingdom.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Undisclosed
Jeddah, 21231
SA
Jeddah, 21231
SA
Phone
Undisclosed
Website
Email Address
Overview
We Are a High-tech Company leading the prepaid gift card market by offering all in one prepaid gift cards and rewards solutions for individuals and corporate. We are offering end-to-end prepaid digital gift cards and rewards solutions through Glee, Channels, eCard Generator, and Loyalty Program. We help our customers to delight, connect, appreciate, and share their feelings by offering them a unique experience full of thoughtful gift cards for whenever and wherever.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hatem Kameli
Chief Technical Officer
Anas AlAmoudi
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Our team works diligently to document every notable VC transaction. VC investment data records reported here come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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