Airbnb of Saudi’ raises $6m funding to expand across KSA
- Date: 24-May-2021
- Source: Eye of Riyadh
- Sector:Financial Markets
- Country:Saudi Arabia
Airbnb of Saudi’ raises $6m funding to expand across KSA
Gathern, a Riyadh-based startup similar to Airbnb, announced on Sunday the completion of a SR22 million ($6 million) Series A funding round headed by Saudi venture capital firm STV and supported by existing investors Vision Ventures, 500 Startups, Saudi businessman Naef Sultan AlAthel, and ARG Limited.
The company plans to use the new funding to invest in developing its product and expanding its geographic presence in Saudi Arabia, where it is now present in more than 100 towns and cities, including Riyadh, Jeddah, Dammam, Abha, Al-Baha, Taif, Al-Ula, and Umluj.
Select Sector 
Select Country 
