More
    HomeInvestmentsSaudi Regards Raises USD 1.5M in Funding

    Saudi Regards Raises USD 1.5M in Funding

    Published on

    spot_img


    – Regards, a Saudi company specializing in premium experience gifting, raised $1.5 million in seed funding led by Core Vision Investment. 

    – Founded in 2021 by Yasser Aljumaiah, Sultan Binjumah, and Saad Almazroua, the company aims to redefine the gift experience market. 

    – The funding will support the company’s growth and innovation in the premium gifting sector. 

    Regards, a Saudi company focused on premium experience gifting, has raised $1.5 million in seed funding, led by Core Vision Investment.

    Faisal Al Abdulsalam, CEO of Core Vision Investment, said, “We emphasize our ongoing commitment to supporting the future with innovative solutions and thinking outside traditional frameworks, as we aim to provide investment opportunities and support startups.”

    Established in 2021 by Yasser Aljumaiah, Sultan Binjumah, and Saad Almazroua, Regards is set to transform the gift experience industry.

    Yasser Aljumaiah stated, “The opportunities in the gift experience market are immense, and we see a tremendous opportunity in Saudi Arabia, where gifting is a deeply rooted tradition. Our desire is to foster closeness between people through more personal and unforgettable experiences, celebrating our culture in a unique way.”

    Sultan Binjumah said, “Regards draws inspiration from the spirit of Saudi hospitality and generosity. The platform connects people with experiences that highlight the richness of our culture and innovation. This investment allows us to expand these experiences and continue building a platform that celebrates the values and spirit of our homeland.”

    Saad Almazroua added, “What excites us most about Regards is the ability to blend tradition with innovation and technology. Saudi culture is at the heart of what we do, and we are proud that our platform is built by Saudi talents. We embrace the rich tradition of gifting and transform it into something modern and impactful, with experiences that connect people on a deeper level.”



    Latest articles

    Egyptian fintech Octane raises $5.2 million to expand its fleet payments platform across MENA

    Cairo-based fintech startup Octane has raised $5.2 million in a funding round led...

    Polestar secures $200M to fuel global EV expansion and rival Tesla’s market grip — TFN

    Gothenburg, Sweden-based electric vehicle innovator Polestar (Nasdaq: PSNY) has secured a $200 million...

    Crypto exchanges take center stage as markets mature and regulations evolve — TFN

    Crypto exchanges surge again as top players prepare to go public and regulators...

    More like this

    Egyptian fintech Octane raises $5.2 million to expand its fleet payments platform across MENA

    Cairo-based fintech startup Octane has raised $5.2 million in a funding round led...

    Polestar secures $200M to fuel global EV expansion and rival Tesla’s market grip — TFN

    Gothenburg, Sweden-based electric vehicle innovator Polestar (Nasdaq: PSNY) has secured a $200 million...

    Crypto exchanges take center stage as markets mature and regulations evolve — TFN

    Crypto exchanges surge again as top players prepare to go public and regulators...