About Hayi
Hayi is a company based in Dubai (United Arab Emirates) founded in 2020 by Rene Morgan.. Hayi has raised $325 thousand across 2 funding rounds from investors including Plus VC, Sarya and Falak Startups. Hayi offers products and services including Hayi App and Marketplace Feature. Hayi operates in a competitive market with competitors including Nextdoor, Nebenan, Hopplr, Public Next and NearGroup, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Rene Morgan
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Sectors
Media & Entertainment
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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
$325 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Plus VC
& 2 more
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Employee Count
Employee Count
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Products & Services of Hayi
Hayi offers a comprehensive portfolio of products and services, including Hayi App and Marketplace Feature. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for connecting neighbours and sharing local information
Tool for buying and selling pre-loved items locally
Funding Insights of Hayi
Hayi has successfully raised a total of $325K across 2 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 2
- Last Round Last Round
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First Round
First Round
(21 Nov 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Hayi | Valuation | Plus VC |
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| Nov, 2021 | Amount | Seed - Hayi | Valuation | Sarya , Falak Startups |
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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 Hayi
Hayi has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Plus VC, Sarya and Falak Startups. 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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Early-stage venture capital is provided to MENA startups by Plus VC.
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Founded Year | Domain | Location | |
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Support is provided to Egyptian tech startups for growth.
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Founded Year | Domain | Location | |
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Distributes high-quality FMCG and food products to retailers and wholesalers globally.
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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 Hayi
| 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 - Hayi
| 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 |
Hayi Comparisons
Competitors of Hayi
Hayi 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 Nextdoor, Nebenan, Hopplr, Public Next and NearGroup, 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 |
Neighborhood connections are facilitated via social networking and local e-commerce.
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| domain | founded_year | HQ Location |
Interactions among neighbors are facilitated via a secure social platform.
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| domain | founded_year | HQ Location |
Neighborhood connections, discussions, and local services are enabled by Hopplr.
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| domain | founded_year | HQ Location |
Kannada-language online news and information are provided across categories.
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| domain | founded_year | HQ Location |
Hyperlocal social networking and proximity-based dating app is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Hayi
Frequently Asked Questions about Hayi
When was Hayi founded?
Hayi was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Hayi located?
Hayi is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Is Hayi a funded company?
Hayi is a funded company, having raised a total of $325K across 2 funding rounds to date. The company's 1st funding round was a Seed of $325K, raised on Nov 21, 2021.
What does Hayi do?
Hayi was founded in 2020 in Dubai, United Arab Emirates, as an online social platform in the community networking sector. Connections among neighbors are facilitated, with features for sharing information and forming local friendships. Engagement between neighborhoods and businesses is supported. Operations include a mobile application available for Android and iOS devices, serving users in proximity-based interactions.
Who are the top competitors of Hayi?
What products or services does Hayi offer?
Hayi offers Hayi App and Marketplace Feature.
Who are Hayi's investors?
Hayi has 3 investors. Key investors include Plus VC, Sarya, and Falak Startups.
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