About Fly Akeed
Fly Akeed is a company based in Riyadh (Saudi Arabia) founded in 2014 by Bassam Almohammadi. Fly Akeed has raised $15.2 million across 1 funding round from investors including Elm, Sanabil and Artal Capital. Fly Akeed operates in a competitive market with competitors including Quest2Travel, C Teleport, Tuvoli, Sparrow Flights and TempoTrip, among others.
- Headquarter Riyadh, Saudi Arabia
- Founders Bassam Almohammadi
- SectorsTravel & Hospitality
- Emailβ’β’β’β’β’β’β’β’
- Website flyakeed.com
- Social LinkedIn X Facebook
- Total Equity Funding$15.2M (USD)
in 1 rounds
- Latest Funding Round$15.2M (USD), Series A
Aug 2023
- InvestorsElm
& 3 more
Apps and channels of Fly Akeed
Fly Akeed publishes 2 mobile apps with over 50K+ downloads.
Funding Insights of Fly Akeed
Fly Akeed has successfully raised a total of $15.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $15.2 million completed in August 2023. 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 $15.2M
- Total Rounds 1
- Last Round Series A β $15.2M
- First Round $15.2M
(Aug 2023)
- Investors Count 4
All 1 funding rounds of Fly Akeed with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
4 investors in total: 4 institutional.
Investors in Fly Akeed
Fly Akeed has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Elm, Sanabil and Artal Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and funds of funds focused on early to mature stage companies and multiple funds | – | sanabil.com | Riyadh, Saudi Arabia | |
VC and PE investing in multiple sectors | – | alrajhi-partners.com | Riyadh, Saudi Arabia | |
Digital products, business solutions, and consulting services are provided. | 1988 | elm.sa | Riyadh, Saudi Arabia | |
Offers Shariah-compliant investment advisory services across public and private markets. | 2018 | artalcapital.com | Riyadh, Saudi Arabia |
Investor details for Fly Akeed
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Investor portfolios
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People of Fly Akeed
18 people are tracked at Fly Akeed (9 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
Bassam Almohammadi | Founder & CEO | Leadership |
Anas Elgammal | Sales Director | Leadership |
Ahmed A. Eissa | Finance Director | Leadership |
Mohammed H Hamdan | Head Of Fulfilment | Leadership |
Iqbal Basha. M | Vice President Operations & Sourcing | Leadership |
Tariq Kawari | Senior Director Of Customer Success | Leadership |
Khalid Alhokail | Chief Technology Officer | Leadership |
Saud A. | Big Data Director | Leadership |
Ahmed Abdelrahman | Head Of Channel Sales | Leadership |
Mahmood Alnasser | Software Engineering Lead | Team |
Abrar Alobaid | Senior Implementation & Customer Experience Specialist | Team |
Baraa Arksousi | Sr. Business Development Manager | Team |
Khalid Alhamdan | Customer Success Manager | Team |
Muath Khalbos | Product Manager | Team |
Abdulrazzaq Alshamlan | Senior Software Engineer | Team |
Fajr Kohli | Senior Marketing Manager | Team |
Wala'A Hussan | Business Development Specialist | Team |
Abdallah Bedir | Senior Backend Engineer | Team |
Complete people profiles for Fly Akeed
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Fly Akeed
2 dated milestones of Fly Akeed across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Fly Akeed is founded.
- Funding First funding round of $15.2M.
Competitors of Fly Akeed
Fly Akeed 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 Quest2Travel, C Teleport, Tuvoli, Sparrow Flights and TempoTrip, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quest2travel.com | 2000 | Mumbai, India | – | 312 | Corporate travel management solutions are delivered via a SaaS platform. | |
| cteleport.com | 2016 | – | $1.36M | 3 | SaaS & AI-driven corporate travel booking platform for maritime & off-shore companies | |
| tuvoli.com | 2018 | Concord, United States | – | – | Operates an online B2B platform for charter operators, brokers, and suppliers. | |
| sparrowflights.com | 2015 | Sydney, Australia | – | – | Offers a mobile application for SMEs to book flight tickets efficiently. | |
| tempotrip.com | 2015 | Mount Prospect, United States | – | – | Offers a corporate travel management solution for efficient planning. | |
| smctravel.com | 2016 | Puchong, Malaysia | – | – | Flight booking platform designed for corporate clients. |
Detailed competitors of Fly Akeed
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Fly Akeed
The website of Fly Akeed (flyakeed.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 41% vs previous month
Latest news on Fly Akeed
Complete news archive for Fly Akeed
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Fly Akeed
10 companies that operate in the same segment as Fly Akeed (Online Travel), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 4,543 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | – |
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Frequently Asked Questions about Fly Akeed
Fly Akeed was founded in 2014 and raised its 1st funding round 9 years after it was founded.
Fly Akeed is headquartered in Riyadh, Saudi Arabia.
Bassam Almohammadi is the current CEO of Fly Akeed. They have also founded this company.
Fly Akeed is a funded company, having raised a total of $15.2M across 1 funding round to date. The company's 1st funding round was a Series A of $15.2M, raised on Aug 2023.
Fly Akeed was founded in 2014 in Riyadh, Saudi Arabia, as an app-based platform in the travel sector. Flight bookings are facilitated by users submitting travel requirements, passenger selections from registered lists, and scheduled flight options. Arrangements, preferences, and budget details can be provided, with alert notifications set for tickets. Operations focus on streamlining air travel reservations in the region.
Fly Akeed's top competitors include Quest2Travel, C Teleport and Tuvoli.
Fly Akeed has 4 investors. Key investors include Elm, Sanabil, Artal Capital, and AlRajhi Partners.
Yes. Fly Akeed publishes FlyAkeed and 1 more app, with over 50,000 downloads.