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
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Sectors
Travel & Hospitality
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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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
$15.2 M (USD)
in 1 rounds
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Latest Funding Round
$15.2 M (USD), Series A
Aug 22, 2023
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Investors
Elm
& 3 more
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Employee Count
Not available
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People of Fly Akeed
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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.
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.
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Private equity and funds of funds focused on early to mature stage companies and multiple funds
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VC and PE investing in multiple sectors
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Digital products, business solutions, and consulting services are provided.
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Investor details for Fly Akeed
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Investments & Acquisitions by Fly Akeed
Investment portfolio details for Fly Akeed
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Financial Statements - Fly Akeed
Detailed financials for Fly Akeed
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Fly Akeed Comparisons
Peer comparison for Fly Akeed
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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 year | HQ Location | Description |
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Corporate travel management solutions are delivered via a SaaS platform.
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SaaS & AI-driven corporate travel booking platform for maritime & off-shore companies
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Operates an online B2B platform for charter operators, brokers, and suppliers.
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Offers a mobile application for SMEs to book flight tickets efficiently.
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Offers a corporate travel management solution for efficient planning.
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Detailed competitors of Fly Akeed
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Latest news on Fly Akeed
Complete news archive for Fly Akeed
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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.
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.