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§ Private Profile · Riyadh, Ar Riyad, Saudi Arabia
SaaS platform providing travel and expense management solutions for corporates in Saudi Arabia, integrating travel policy and expense tracking.
FlyAkeed is a Riyadh, Saudi Arabia-based travel technology company that provides automated travel and expense management software solutions for corporate clients. The enterprise operates a software-as-a-service platform that integrates corporate travel policies, online booking inventories, and real-time expense tracking to streamline business travel operations. Originally launched as a consumer flight booking service, the platform has successfully pivoted to a business-to-business model and achieved a 25x growth rate over a recent three-year period. To support its ongoing expansion, FlyAkeed has raised $15.2 million in Series A funding from a syndicate of institutional investors that includes Sanabil Investments, Elm, Artal Capital, and Alrajhi Partners. The organization is currently utilizing this capital to expand its regional footprint across the Gulf and develop new financial technology features for its users. FlyAkeed was founded in 2017 by Bassam Almohammadi.
FlyAkeed has raised $15.2M across 1 funding round.
FlyAkeed has raised $15.2M in total across 1 funding round.
FlyAkeed has raised $15.2M across 1 funding round. Most recently, it raised $15.2M Series A in September 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 4, 2023 | $15.2M Series A | ELM, Sanabil Investments | Alrajhi Partners, Artal Capital | Announced |
FlyAkeed has raised $15.2M in total across 1 funding round.
FlyAkeed's investors include Elm, Sanabil Investments, Alrajhi Partners, Artal Capital.