About Mabaat
Mabaat is a company based in Jeddah (Saudi Arabia) founded in 2019. Mabaat has raised $2.4 million across 1 funding round from investors including unknown and SEEDRA Ventures. Mabaat operates in a competitive market with competitors including Airbnb, Mabet, Jelsat, Wind app and Gurfati, among others.
- Headquarter Jeddah, Saudi Arabia
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Sectors
Travel & Hospitality
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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
$2.4 M (USD)
in 1 rounds
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Latest Funding Round
$2.4 M (USD), Seed
Aug 17, 2021
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Investors
unknown
& 1 more
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Employee Count
Employee Count
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People of Mabaat
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Funding Insights of Mabaat
Mabaat has successfully raised a total of $2.4M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.4 million completed in August 2021. 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 1
- Last Round Seed — $2.4M
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First Round
First Round
(17 Aug 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Mabaat | Valuation | unknown |
Investors in Mabaat
Mabaat has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include unknown and SEEDRA Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture building and investment services are offered by SEEDRA.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mabaat
Financial Statements - Mabaat
Mabaat Comparisons
Competitors of Mabaat
Mabaat 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 Airbnb, Mabet, Jelsat, Wind app and Gurfati, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Vacation rentals are booked via an online peer-to-peer platform.
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| domain | founded_year | HQ Location |
Online listing platform for vacation rental accommodations
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| domain | founded_year | HQ Location |
An online platform for discovering and booking vacation rental accommodations worldwide.
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| domain | founded_year | HQ Location |
An online marketplace for discovering and booking peer-offered chalets and rest houses.
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| domain | founded_year | HQ Location |
An online platform for discovering and booking vacation rental accommodations.
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Latest news on Mabaat
Frequently Asked Questions about Mabaat
Mabaat was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Mabaat is headquartered in Jeddah, Saudi Arabia. It is registered at Jeddah, Makkah Region, Saudi Arabia.
Mabaat is a funded company, having raised a total of $2.4M across 1 funding round to date. The company's 1st funding round was a Seed of $2.4M, raised on Aug 17, 2021.
Mabaat was founded in 2019 in Jeddah, Saudi Arabia, as an online marketplace in the travel and hospitality sector. Accommodations are listed by property owners on the platform. Travelers search for options by specifying destinations, check-in and check-out dates, and guest numbers. Bookings are completed via the platform with online payments. Operations focus on connecting owners and travelers within the region.
Mabaat has 2 investors. Key investors include unknown, and SEEDRA Ventures.