Company | OpenSooq |
Fund Raised | $24 Million |
Investor | Saudi Government |
Co-Founder/CEO | Adey Salamin |
Website | https://www.linkedin.com/company/opensooq |
Valuation | $400 Million |
OpenSooq, an Online listing platform raises $24 million from Saudi Government investments. The funding round was raised by Saudi Jordanian Investment Fund in collaboration with present investors like iMENA Group and FJ Labs.
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The investment will be used for expansion of the company’s in-house built mechanism, as well for hiring 400 members of new staff to make the working even better.