Dubai’s Arrow Labs raises $5 million from Draper Associates to help businesses manage field operations

dubai draper arrow labs associates
UAE
  • Date: 07/16/2021
  • Source: MENAbytes
  • Sector: Technology
  • Country: UAE

Dubai’s Arrow Labs raises $5 million from Draper Associates to help businesses manage field operations

Dubai-based software startup Arrow Labs has raised $5 million in Series A from Tim Draper's Draper Associate, it announced today. The round was also joined by Global Ventures, and B&Y Ventures. It is one of the first investments made by Draper in the Middle East & North Africa. The firm has previously invested in some of the largest global technology companies, including Baidu, Hotmail, Skype, Tesla, and Twitter. Founded in 2011 by Rami Darwish, Arrow Labs has built a suite of web and mobile apps, and wearables, packaged as a subscription, that enables businesses to manage their field operations. The software that connects frontline workers, machines, and facilities can help companies reduce their operating costs by 20 percent and increase staff productivity by 30 percent, and business efficiency by 40 percent, Arrow Labs claimed in a statement. The software removes the complexity of scheduling, work distribution, recourse management, workflow automation, and route optimization, noted the statement. According to its website, Arrow Labs has two subscription plans; $35 and $59 per user per month, with a free 30-day trial period. The Dubai-headquartered startup currently serves clients in MENA, Europe, and the United States, with names like G4S, Linde AG, Dubai Ports World, and…