Saudi’s Rekaz raises $5 million seed to assist gyms, salons, and clinics handle bookings, subscriptions, and funds 

Saudi Arabia-based SaaS startup Rekaz has raised $5 million in seed funding to increase its working system for service companies, it introduced right this moment. The spherical was led by COTU Ventures, with participation from Impact46, Shorooq Companions, Numrah Capital, and angel buyers.

Based in 2017 by Abdulrahman Alomran and Abdulaziz Alkharashi, Rekaz presents an all-in-one platform for service-based SMBs together with gyms, salons, clinics, and residential service suppliers. The platform covers scheduling, funds, subscriptions, and buyer engagement, changing fragmented workflows with a streamlined system.

The Riyadh-based startup has demonstrated sturdy traction with over 7,000 companies utilizing its platform to course of greater than 1 million appointments and subscriptions. Companies also can launch their very own branded reserving web sites and cellular apps via the platform.

“Our mission is to do for service SMBs what Shopify did for e-commerce,” stated Abdulrahman Alomran, CEO and co-founder of Rekaz. “Most service companies are nonetheless working via scattered instruments, spreadsheets, and guide work. We’re constructing the infrastructure they’ve been lacking.”

Rekaz combines a purpose-built inside system with AI-powered insights and customized onboarding flows that adapt to every enterprise kind. The platform goals to assist retailers get began rapidly and function extra effectively with decreased friction.

Amir Farha, Normal Companion at COTU Ventures, stated in a press release, “Rekaz is fixing a large and neglected drawback. Service companies are the financial spine of the area, they usually’ve been left behind by conventional software program.”

The brand new capital shall be used to deepen product improvement, improve AI capabilities, and increase throughout GCC markets. The corporate positions itself as constructing foundational infrastructure for service-based SMBs which have traditionally been underserved by present software program options.

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