Saudi delivery startup receives multimilliond-dollar investment

Riyadh – Mubasher: Saudi on-demand delivery startup Mrsool has secured a multi-million dollar Series A funding.

The deal was led by Saudi Technology Ventures (STV), Raed Ventures, and Mazen Al Jubeir, according to a statement released on Wednesday.

“Mrsool is exactly the type of company we like to partner with: an incredibly ambitious firm providing innovative products attuned to the needs of the region. We believe Mrsool is a unique player in this industry due to a deep understanding of MENA consumers,” partner at STV Hani Enaya commented.

Founded in 2015 by Ayman Al Sanad and Naif Al Samri, Mrsool is an on-demand delivery network that allows people to place orders for any product from anywhere in the cities it covers.

Mubasher Contribution Time: 13-Mar-2019 14:38 (GMT)
Mubasher Last Update Time: 13-Mar-2019 15:41 (GMT)