Startup MGZN

Female-led Saudi startup Gathern raises seed funding

Gathern, an online booking platform for Chalets in Saudi Arabia just raised seed funding from a group of international and local investors. Those include Vision Ventures, Inspire Ventures, 500 Startups, Aquilaria Capital Management Fund, and Deyarat Trading Company. The round was also joined by individuals such as Abdulla Al Romaih, co-founder of Flyin, and Abdulrahman Al-Janini and Nayef Al-Athel.

The startup was founded in 2016 by Latifa Altamimi and Faisal Alanazi. As mentioned it allows users to book chalets and camps around Saudi Arabia. Ever since its launch, the startup has transacted bookings of more than 30,000 nights in eight cities around Saudi.

The platform allows you to browse the various chalets, and you can even filter based on your preferences, such as price, location, number of bedrooms, ratings, and more. It even allows you to rate and review the chalets listed to help you make better decisions. Gathern has six payment methods, including credit cards, Mada card or bank transfer.

Based on trackMENA’s data, it’s also interesting to note that Gathern is the first Saudi startup with a female co-founder to raise venture capital.

The seed amount was not disclosed.

Startup MGZN