About BAYZAT
BAYZAT is a company based in Dubai (United Arab Emirates) founded in 2012 by Brian Habibi, Tarek Bayaa, and Talal Bayaa. BAYZAT has raised $53.5 million across 7 funding rounds from investors including Mubadala, DisruptAD and Ischyros New York. BAYZAT has completed 1 acquisition, including Arya Insurance Brokerage. BAYZAT offers products and services including Core HR, Payroll, Talent Management, Insurance Benefits, and Bayzat AI. BAYZAT operates in a competitive market with competitors including Kronos, Darwinbox, SuccessFactors, GreytHR and Springworks, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Brian Habibi, Tarek Bayaa, Talal Bayaa
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Sectors
TechnologyFinancial 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
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$53.5 M (USD)
in 7 rounds
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Latest Funding Round
$25 M (USD), Series C
Dec 22, 2022
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Investors
Mubadala
& 10 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of BAYZAT
BAYZAT offers a comprehensive portfolio of products and services, including Core HR, Payroll, Talent Management, Insurance Benefits, and Bayzat AI.
Streamlines employee records and administrative tasks.
Automates payroll processing and bookkeeping.
Manages hiring and performance tracking.
Handles group health and motor insurance.
Automates reporting and HR operations.
Manages accounts payable and payments.
People of BAYZAT
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Funding Insights of BAYZAT
BAYZAT has successfully raised a total of $53.5M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in December 2022. 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.
Investors in BAYZAT
BAYZAT has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Mubadala, DisruptAD and Ischyros New York.
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Early and late-stage startups are supported by venture capital-backed studio.
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Innovation accelerator backed by UAE Ministry of Finance.
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Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies
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Investor details for BAYZAT
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by BAYZAT
BAYZAT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Arya Insurance Brokerage.
Investment portfolio details for BAYZAT
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Arya Insurance Brokerage is engaged in providing insurance solutions.
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Complete acquisition details for BAYZAT
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Financial Statements - BAYZAT
Detailed financials for BAYZAT
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Bayzat Comparisons
Peer comparison for BAYZAT
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Competitors of BAYZAT
BAYZAT 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 Kronos, Darwinbox, SuccessFactors, GreytHR and Springworks, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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HCM software solutions for enterprise workforce management are provided.
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Human capital management platform is provided for HR process automation.
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Cloud-based human capital management software is delivered globally.
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Cloud-based HRMS and payroll software solutions are provided.
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HR software solutions are provided for growing businesses by Springworks.
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Cloud-based HR software and payroll solutions are provided for enterprises.
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Detailed competitors of BAYZAT
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Latest news on Bayzat
Complete news archive for BAYZAT
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Frequently Asked Questions about BAYZAT
BAYZAT was founded in 2012 and raised its 1st funding round 3 years after it was founded.
BAYZAT is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Talal Bayaa is the current CEO of BAYZAT. They have also founded this company.
BAYZAT is a funded company, having raised a total of $53.5M across 7 funding rounds to date.
Bayzat was founded in 2012 in Dubai, United Arab Emirates, as a provider of HR technology solutions. Services include automation of payroll processes, management of employee benefits, and facilitation of health insurance options. Companies are assisted in comparing, purchasing, and utilizing health insurance plans, along with processing claims. Operations focus on streamlining HR administration for businesses in the region.
BAYZAT's top competitors include SuccessFactors, GreytHR and Darwinbox.
BAYZAT offers Core HR, Payroll, Talent Management, Insurance Benefits, and 2 more products and services.
BAYZAT has made 1 acquisition, including Arya Insurance Brokerage.
BAYZAT has 11 investors. Key investors include Mubadala, DisruptAD, Ischyros New York, MBRIF, and Point72 Ventures.