# Lawazem

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

- Industry: Internet
- Headquarters: Riyadh, Saudi Arabia
- Website: www.lawazem.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Apr 6, 2022)
- Investors on record: 2

## About

Founded in 2019 and based in Riyadh, Saudi Arabia, Lawazem operates as the B2B marketplace for all purchases related to business operations. In April 2022, Lawazem raised USD 1.3 million in Seed funding from Merak Capital and Merced Capital. Abdulhakim Albisher (CEO) and Nasser Alshaya (COO) are the co-founders of the company.

The company operates as a marketplace with product categories such as food and beverages, plastics and cleaning, office stationery, facility O & M, office furniture and appliances, and more. The firm also provides gift and flower deliveries to employees and clients, organizes internal events, and prepares for guests and internal meetings through its hospitality partners.

The organization plans to use the April 2022 funding to further develop and enhance its technology, as well as to establish the infrastructure required to address the demand for its products and services.

## Funding rounds

- Seed, Apr 6, 2022, $1.3M — Merced Capital, Merak Capital

## Investors

- Merced Capital (https://capitalatlas.ai/funds/merced-capital) — Seed
- Merak Capital (https://capitalatlas.ai/funds/merak-capital) — Seed