About Mthmr
Mthmr is a company based in Jeddah (Saudi Arabia) founded in 2020 by Abdulrahman Qumsani. Mthmr has raised $1.6 million across 1 funding round from investors including Wa'ed Ventures, Dahran Trading Group and Le Augure Holding Group. Mthmr offers products and services including Targeted Marketing Platform and Partnership Integration Tool. Mthmr operates in a competitive market with competitors including Mala'a, Mod5r, UmrahCash, Tiqmo and Qsalary, among others.
- Total Equity Funding$1.6M (USD)
in 1 rounds
- Latest Funding Round$1.6M (USD), Seed
Aug 2023
- InvestorsWa'ed Ventures
& 2 more
Products & Services of Mthmr
Mthmr offers a comprehensive portfolio of products and services, including Targeted Marketing Platform and Partnership Integration Tool.
Platform for creating personalized offers and tracking campaigns.
Tool to integrate marketing for financial institutions and merchants.
Funding Insights of Mthmr
Mthmr has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 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 $1.6M
- Total Rounds 1
- Last Round Seed — $1.6M
- First Round $1.6M
(Aug 2023)
- Investors Count 3
All 1 funding rounds of Mthmr 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 2023 | $1.6M | Seed | – | Wa'ed Ventures, Dahran Trading Group |
3 investors in total: 3 institutional.
Investors in Mthmr
Mthmr has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Wa'ed Ventures, Dahran Trading Group and Le Augure Holding Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | waed.net | - | |
Investment capital is provided to growth companies by this group. | – | leaugure.com | Jeddah, Saudi Arabia | |
Diversified investments in contracting, real estate, FMCG, and sports for sustainable growth and partnerships. | 2022 | dahrantradinggroup.com | United States |
Investor details for Mthmr
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Mthmr
1 people are tracked at Mthmr (1 in leadership).
| Name | Role | Group |
|---|---|---|
Abdulrahman Qumsani | Co-Founder & CEO | Leadership |
Complete people profiles for Mthmr
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 Mthmr
2 dated milestones of Mthmr across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Mthmr is founded.
- Funding First funding round of $1.6M.
Competitors of Mthmr
Mthmr 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 Mala'a, Mod5r, UmrahCash, Tiqmo and Qsalary, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| malaa.tech | 2020 | Riyadh, Saudi Arabia | $19.01M | – | Personal finances are tracked and budgeted via a mobile app. | |
| mod5r.com | 2020 | Riyadh, Saudi Arabia | – | – | Expense management solutions are delivered via an online platform. | |
| umrahcash.com | 2024 | Jeddah, Saudi Arabia | $500,000 | – | Digital finance access is enabled for pilgrims in Saudi Arabia. | |
| tiqmo.com | 2020 | Riyadh, Saudi Arabia | – | – | Offers a wallet-enabled solution for money transfer and budgeting for individuals. | |
| qsalary.com | 2021 | Riyadh, Saudi Arabia | – | – | App-based platform for employees to manage income and expenses. | |
| maly-tech.com | 2021 | Riyadh, Saudi Arabia | – | – | Delivers tools for tracking income and expenses to enhance personal financial management. | |
| horizonbudget.com | 2019 | Prague, Czech Republic | – | – | Offers a cloud-based platform for effective budget management. | |
| softurion.com | 2013 | Saint Gregoire, France | – | – | Personal finance software for tracking expenses, revenues, and forecasts on Mac and iPad. | |
| invoicepero.com | 2020 | Kampala, Uganda | – | – | Provides online invoicing software for small businesses and freelancers. |
Detailed competitors of Mthmr
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Mthmr
Complete news archive for Mthmr
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 Mthmr
10 companies that operate in the same segment as Mthmr (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Mthmr
Mthmr was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Mthmr is headquartered in Jeddah, Saudi Arabia. It is registered at Jeddah, Makkah Region, Saudi Arabia.
Abdulrahman Qumsani is the current CEO of Mthmr. They have also founded this company.
Mthmr is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on Aug 2023.
Mthmr was founded in 2020 in Jeddah, Saudi Arabia, as an online platform focused on expense management. Operations are centered on digital tools for tracking and organizing financial expenditures for users and businesses. The platform serves the fintech sector, with services including automated reporting and integration options. Leadership is provided by Co-Founder and CEO Abdulrahman Qumsani, supporting regional operations in the Middle East.
Mthmr offers Targeted Marketing Platform and Partnership Integration Tool.
Mthmr has 3 investors. Key investors include Wa'ed Ventures, Dahran Trading Group, and Le Augure Holding Group.