# Darent

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/darent

- Industry: Consumer Services
- Headquarters: Jeddah, Saudi Arabia
- Website: https://darent.com/
- Latest round: Seed (Sep 18, 2024)
- Investors on record: 4

## About

Based in Jeddah, Saudi Arabia, and founded in 2021 by CEO Hanin Al-Subaie, Darent is a daily housing and property management platform. In March 2022, Darent raised USD 1 million in venture funding led by Watheeq Proptech Venture, with participation from investors.

The company's online platform allows local and foreign tourists to book local residents with daily rental options and experience the daily lives of the locals. The platform also provides features for property owners to list their properties and host guests. 

The company plans to use the venture funding to support its expansion and growth, and will also develop its technology ecosystem to provide more comprehensive solutions for tourists and travelers.

## Funding rounds

- Seed, Sep 18, 2024 — Morgan Stanley Investment Management, Inclusive Ventures, Tawuniya, BIM Ventures

## Investors

- Morgan Stanley Investment Management — Seed
- Inclusive Ventures (https://capitalatlas.ai/funds/inclusive-ventures) — Seed
- Tawuniya — Seed
- BIM Ventures — Seed