Lamaa
Latest round
- Seed
Last raised
- Dec 2021
Total raised
- $5.5M
Investors
- 2
About Lamaa
Based in Riyadh, Saudi Arabia, and founded in 2021 by its CEO, Sumeet Khutale, Lamaa operates as a financial service company that provides loans secured against outstanding invoices to small and medium-sized enterprises. As of December 2021, the company has provided its service to more than 100 corporate clients and processed over 8 million invoices with a transaction amount of USD1 billion. The company's solutions help businesses improve cash flow, pay employees and suppliers, and reinvest in operations and growth.
Who invested in Lamaa
2 investors across 1 round
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Funding rounds
Seed
Dec 1, 2021
Amount
$5.5M
Investors
Questions about Lamaa
Who invested in Lamaa?
Lamaa has 2 investors 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 Lamaa raised?
Lamaa has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Lamaa last raise money?
Lamaa's most recent round on record is a Seed, in Dec 2021.
What does Lamaa do?
Based in Riyadh, Saudi Arabia, and founded in 2021 by its CEO, Sumeet Khutale, Lamaa operates as a financial service company that provides loans secured against outstanding invoices to small and medium-sized enterprises.
Where is Lamaa headquartered?
Lamaa is headquartered in Riyadh, Saudi Arabia.
Which VCs invest in companies like Lamaa?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at Lamaa's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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