
About Mabaat
Mabaat is a Travel & Hospitality company based in Jeddah (Saudi Arabia) founded in 2019. Online marketplace for vacation rental accommodations. Mabaat has raised $2.4 million across 1 funding round from investors including dereyahventures.com and SEEDRA Ventures. Its focus areas include Consumer, Online Travel, Accommodation and Vacation Rentals. Its competitors include Mabet, Jelsat and Wind app.
Company details
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.
- Headquarters Jeddah, Saudi Arabia
- SectorsTravel & Hospitality
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website mabaat.com
- Social LinkedIn Facebook Instagram
- Total Equity Funding$2.4M (USD)
in 1 rounds
- Latest Funding Round$2.4M (USD), Seed
Aug 2021
- Investorsdereyahventures.com
& 1 more
Apps and channels of Mabaat
Mabaat publishes 2 mobile apps with over 1K+ downloads.
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 $2.4M
- Total Rounds 1
- Last Round Seed β $2.4M
- First Round $2.4M
(Aug 2021)
- Investors Count 2
All 1 funding rounds of Mabaat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $2.4M | Seed | β | dereyahventures.com |
2 investors in total: 2 institutional.
Investors in Mabaat
Mabaat has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include dereyahventures.com and SEEDRA Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture building and investment services are offered by SEEDRA. | seedra.com | |||
| dereyahventures.com |
Investor details for Mabaat
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 Mabaat
4 people are tracked at Mabaat (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Talal S. Al-sorayai | Founder & Excutive Board Member | Leadership |
Mohamad M. Fadhel | Chief Operating Officer (coo) | Leadership |
Haya I. Aljeraiwi -IPSAS | General Accountant | Team |
Mohammed MasihUddin Khan | Senior Accountant | Team |
Complete people profiles for Mabaat
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Mabaat
2 dated milestones of Mabaat across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Mabaat is founded.
- Funding First funding round of $2.4M.
Competitors of Mabaat
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mabet4u.com | 2016 | Mecca, Saudi Arabia | Online listing platform for vacation rental accommodations | |||
| jelsat.com | 2019 | Riyadh, Saudi Arabia | An online platform for discovering and booking vacation rental accommodations worldwide. | |||
| rayyeh.net | 2015 | Riyadh, Saudi Arabia | An online marketplace for discovering and booking peer-offered chalets and rest houses. |
Detailed competitors of Mabaat
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- Full competitor set
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Related news about Mabaat
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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 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 dereyahventures.com, and SEEDRA Ventures.
Yes. Mabaat publishes mabaat - Ω Ψ¨Ψ§Ψͺ and 1 more app, with over 1,000 downloads.
