IR4LAB
Latest round
- Seed
Last raised
- Jun 2021
Total raised
- $1.5M
Investors
- 1
About IR4LAB
Founded in 2017 by Majd Alafifi and Mohamed Kandri, IR4LAB operates out of Dhahran, Saudi Arabia.IR4LAB specializes in advanced technology solutions, focusing primarily on blockchain, artificial intelligence (AI), and data analytics. Their key offerings include DocCerts, a blockchain-secured credentialing solution that helps institutions issue verifiable digital records, and SecuLedger, which utilizes smart contracts to optimize procurement and supply chain processes in various sectors such as pharmaceuticals and chemicals.IR4LAB generates revenue through B2B partnerships and direct sales, typically involving subscriptions or customized agreements. For example, clients using DocCerts may incur transaction fees per issued certificate, while SecuLedger operates on a project basis, charging for supply chain integration services. The company is also actively working on new products aimed at enhancing its technology offerings and is planning to extend its market presence beyond the Middle East by exploring opportunities in international markets.
Who invested in IR4LAB
1 investor across 1 round
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Funding rounds
Seed
Jun 30, 2021
Amount
$1.5M
Investors
Questions about IR4LAB
Who invested in IR4LAB?
IR4LAB has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has IR4LAB raised?
IR4LAB has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did IR4LAB last raise money?
IR4LAB's most recent round on record is a Seed, in Jun 2021.
What does IR4LAB do?
Founded in 2017 by Majd Alafifi and Mohamed Kandri, IR4LAB operates out of Dhahran, Saudi Arabia.
Where is IR4LAB headquartered?
IR4LAB is headquartered in Saudi Arabia.
Which VCs invest in companies like IR4LAB?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at IR4LAB's stage. Their profiles are linked below.
VCs backing software startups at Seed
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