About Ajeer
Ajeer is a company based in Riyadh (Saudi Arabia) founded in 2016 by Abdul Talib, Burhan Bahari, and Faisal Zahrani.. Ajeer has raised $583 thousand across 3 funding rounds from investors including 500 Global. Ajeer operates in a competitive market with competitors including Albaap, Yellafix, Sianco, Hfix and nhlasswaed, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Abdul Talib, Burhan Bahari, Faisal Zahrani
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Sectors
Business Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$583 K (USD)
in 3 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of Ajeer
Ajeer has successfully raised a total of $583K across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(16 Dec 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2022 | Amount | Seed - Ajeer | Valuation | 500 Global |
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| Apr, 2020 | Amount | Seed - Ajeer | Valuation | 500 Global |
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| Dec, 2018 | Amount | Angel Round - Ajeer | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ajeer
Ajeer has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 500 Global. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ajeer
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ajeer
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ajeer Comparisons
Competitors of Ajeer
Ajeer operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Albaap, Yellafix, Sianco, Hfix and nhlasswaed, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides tailored facility management services for businesses with emphasis on sustainability and innovation.
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| domain | founded_year | HQ Location |
Provides an online booking application for home maintenance services.
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| domain | founded_year | HQ Location |
Delivers comprehensive general maintenance services for homes, apartments, and schools.
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| domain | founded_year | HQ Location |
Provides an online platform for booking home maintenance services.
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| domain | founded_year | HQ Location |
Offers an app-based platform for home maintenance and repair services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Ajeer
When was Ajeer founded?
Ajeer was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Ajeer located?
Ajeer is headquartered in Riyadh, Saudi Arabia.
Who is the current CEO of Ajeer?
Faisal Zahrani is the current CEO of Ajeer. They have also founded this company.
Is Ajeer a funded company?
Ajeer is a funded company, having raised a total of $583K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $533K, raised on Dec 16, 2018.
What does Ajeer do?
Ajeer was founded in 2016 in Riyadh, Saudi Arabia, as a provider of an app-based platform in the home services sector. Maintenance and repair options, including plumbing, appliance repairing, AC servicing, and pest control, are offered for both residential and office needs. The platform operates on iOS and Android devices, connecting users with local handymen.
Who are Ajeer's investors?
Ajeer has 1 investor. Key investors include 500 Global.