JARAS Hospitality secures $666,000 pre-Seed
- JARAS Hospitality, based in Saudi Arabia, has secured $666,000 in a pre-Seed funding round led by undisclosed angel investors.
- Founded in 2023 by Ahmed Al Zubaidi, the company specializes in integrated hospitality management solutions to enhance bookings and guest experiences.
- The funds will be used to further develop their product offerings and expand their customer base in the hospitality sector.
- JARAS aims to improve hotel management efficiency by streamlining operations and providing comprehensive reporting for hotel managers.
- CEO Ahmed Al Zubaidi expressed enthusiasm for the investment, which will support the company’s growth and market expansion efforts.
JARAS Hospitality secures $666,000 pre-Seed
- Saudi Arabia-based JARAS Hospitality has closed a $666,000 pre-Seed, led by undisclosed angel investors.
- Founded in 2023 by Ahmed Al Zubaidi, JARAS offers integrated hospitality management solutions to manage bookings and improve guest experiences.
- The team plans to use the funds to further develop a product to fit in the market and expand its customer base.
Press release:
JARAS Hospitality, a company specialising in innovative hospitality management solutions, has successfully closed its pre-Seed funding round at SAR2.5 million.
This investment marks a significant step in supporting the company’s expansion plans to offer innovative solutions that enhance hotel management and improve operational efficiency in the hospitality sector.
JARAS offers an integrated system for managing bookings and units, handling availability and pricing across online booking platforms, providing comprehensive reports for hotel managers, and streamlining hotel operations to deliver a seamless guest experience.
The team plans to use the funds from this round to further develop a product to fit in the market and expand its customer base.
Commenting on the round, CEO Ahmed Al Zubaidi said: “We are thrilled to have closed this investment round, which provides strong support for our vision to deliver innovative solutions that contribute to improving the hospitality sector. The investment will give us the opportunity to accelerate our growth and expand our market presence.”
JARAS launched its journey in 2023 with the aim of providing digital solutions that simplify the daily management of hotels and enhance guest satisfaction.
Based on the information provided in your query, here are the details regarding JARAS Hospitality’s funding:
Company Information
- Startup: JARAS Hospitality
- Founded by: Ahmed Al Zubaidi
- Founded in: 2023
- Location: Saudi Arabia
- Product/Service: Integrated hospitality management solutions for managing bookings and improving guest experiences.
Fundraising Details
- Funding Round: Pre-Seed
- Amount Raised: $666,000 (SAR 2.5 million)
- Lead Investors: Undisclosed angel investors
Purpose of Funds
- To further develop a product to fit the market.
- To expand the customer base.
- To improve operational efficiency in the hospitality sector.
Additional Note from CEO
- Quote: “We are thrilled to have closed this investment round, which provides strong support for our vision to deliver innovative solutions that contribute to improving the hospitality sector. The investment will give us the opportunity to accelerate our growth and expand our market presence.”
This summarizes the key points from the information you provided regarding JARAS Hospitality’s funding round.