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Founders of Rekaz
By KlickAnalytics Data Insights | July 8, 2025 11:56AM ET
- Saudi SaaS startup Rekaz secures $5 million in seed funding
- Funding round led by COTU Ventures, with participation from other investors
- Rekaz to utilize investment to enhance product development and expand across markets
Riyadh- Saudi Arabian SaaS startup Rekaz has successfully raised $5 million in seed funding to further develop its operating system tailored for service-based businesses like gyms, salons, and mobile providers. The funding round was spearheaded by COTU Ventures, along with contributions from Impact46, Shorooq Partners, Numrah Capital, and angel investors, as detailed in a recent press release. This financial boost will allow Rekaz to focus on expanding product development, strengthening AI capabilities, and broadening its reach across the GCC and beyond.
With over 7,000 businesses already utilizing Rekaz to manage 1 million appointments and subscriptions, the startup has demonstrated significant appeal among both single-location operators and larger multi-branch establishments. CEO and Co-founder of Rekaz, Abdulrahman Alomran, expressed the company's goal of revolutionizing service SMBs much like Shopify did for e-commerce, noting that many service businesses still rely on disparate tools, spreadsheets, and manual processes. Rekaz's integration of purpose-built internal systems with AI-driven insights and customized onboarding procedures is designed to streamline operations for merchants, making them more efficient while minimizing complexity.
Amir Farha, General Partner at COTU Ventures, emphasized the importance of Rekaz's mission, stating that service businesses represent a vital component of the regional economy yet have not received adequate software support. According to Farha, Rekaz is positioned as the right platform at the right time to address the needs of these businesses effectively. This latest round of funding marks a significant stepping stone for Rekaz as it seeks to transform the service industry landscape and empower businesses with cutting-edge technology solutions.
- Funding round led by COTU Ventures, with participation from other investors
- Rekaz to utilize investment to enhance product development and expand across markets
Riyadh- Saudi Arabian SaaS startup Rekaz has successfully raised $5 million in seed funding to further develop its operating system tailored for service-based businesses like gyms, salons, and mobile providers. The funding round was spearheaded by COTU Ventures, along with contributions from Impact46, Shorooq Partners, Numrah Capital, and angel investors, as detailed in a recent press release. This financial boost will allow Rekaz to focus on expanding product development, strengthening AI capabilities, and broadening its reach across the GCC and beyond.
With over 7,000 businesses already utilizing Rekaz to manage 1 million appointments and subscriptions, the startup has demonstrated significant appeal among both single-location operators and larger multi-branch establishments. CEO and Co-founder of Rekaz, Abdulrahman Alomran, expressed the company's goal of revolutionizing service SMBs much like Shopify did for e-commerce, noting that many service businesses still rely on disparate tools, spreadsheets, and manual processes. Rekaz's integration of purpose-built internal systems with AI-driven insights and customized onboarding procedures is designed to streamline operations for merchants, making them more efficient while minimizing complexity.
Amir Farha, General Partner at COTU Ventures, emphasized the importance of Rekaz's mission, stating that service businesses represent a vital component of the regional economy yet have not received adequate software support. According to Farha, Rekaz is positioned as the right platform at the right time to address the needs of these businesses effectively. This latest round of funding marks a significant stepping stone for Rekaz as it seeks to transform the service industry landscape and empower businesses with cutting-edge technology solutions.
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