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§ Private Profile · Riyadh, Ar Riyad, Saudi Arabia
Real estate tech platform offering rent-now-pay-later (RNPL) solutions for tenants and landlords in Saudi Arabia, improving cash flow flexibility.
Based in Riyadh, Saudi Arabia, Ejari is a real estate technology platform that provides rent-now-pay-later financing solutions to residential tenants and landlords. The company enables renters to pay their annual leases in monthly installments while landlords receive the full yearly payment upfront, alleviating the financial burden of traditional advance rent requirements and improving cash flow flexibility. Operating across 17 cities in eight regions, the platform has accumulated 40,000 users, generated over $50 million in service demand, and maintains a workforce of 51 to 100 employees. Ejari secured $1 million in pre-seed funding in 2023 through a round led by institutional investors including Sanabil 500 MENA and Hambro Perks' Oryx Fund, following licensing from the General Authority for Real Estate. The enterprise was founded in 2022 by Yazeed Al-Shamsi, Fahad Albedah, Mohammed Alkhelewy, and Khalid Almunif.
Ejari has raised $14.7M across 1 funding round.
Ejari has raised $14.7M in total across 1 funding round.
Ejari has raised $14.7M in total across 1 funding round.
Ejari's investors include anb seed, BECO Capital.
Ejari has raised $14.7M across 1 funding round. Most recently, it raised $14.7M Seed in October 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 23, 2024 | $14.7M Seed | ANB Seed, BECO Capital | — | Announced |