# Malaeb Online Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/malaeb-online-services

- Industry: Software
- Headquarters: Manama, Bahrain
- Website: www.malaebapp.com
- Latest round: Seed (Nov 2, 2017)
- Investors on record: 4

## About

Malaeb Online Services provides a streamlined platform for booking sports venues, connecting players, teams, and event organizers with available stadiums and pitches across Bahrain and Saudi Arabia.Founded in 2016 and headquartered in Manama, Bahrain, Malaeb Online Services specializes in the online booking of sports venues. The company has completed three significant deals, with the most recent occurring on June 13, 2023, reflecting its continuous engagement in the market. The firm is led by CEO Ahmed Alrawi, and its founder Yasser Hadi has a background that positions him well to steer the company forward.Malaeb offers a comprehensive platform for finding and booking sports venues, specifically stadiums and pitches, across regions including Bahrain and Saudi Arabia. Users can search for available fields based on location, sport, and facility features, with options for football, basketball, padel, volleyball, and futsal. It facilitates connections between players and venue providers by allowing users to select their preferred date, time, duration, and pitch size while processing payments online, thereby effectively organizing sports activities. Malaeb caters to a diverse customer base, boasting over 29,000 registered players and 1,440 venues throughout the Middle East.Malaeb generates revenue through transaction fees related to the booking of sports venues. Clients engage with the platform on a pay-per-booking basis, with specific pricing for different types of pitches. For instance, users can book a padel court starting from 93.00 SAR, while football pitch prices range from 10 BHD to 200.00 SAR, depending on the venue and its amenities. This direct-to-consumer model supports a seamless booking experience while enabling stadium owners to effectively monetize their facilities through the Malaeb network.In June 2023, new investor GRO Capital acquired a stake in Malaeb Online Services, indicating confidence in the company’s potential for growth. Moving forward, Malaeb plans to expand its service offerings and enhance its platform functionality, targeting new markets within the broader Middle Eastern region. This expansion is supported by recent funding, which will facilitate the development of new products and enhancements to the user experience.

## Funding rounds

- Seed, Nov 2, 2017 — 500 Global, Inspire Ventures, RAED Ventures, Vision Ventures

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Inspire Ventures — Seed
- RAED Ventures (https://capitalatlas.ai/funds/raed-ventures) — Seed
- Vision Ventures — Seed