Resal
Latest round
- Series A
Last raised
- Aug 2024
Total raised
- $11M
Investors
- 7
About Resal
Based in Jeddah, Saudi Arabia, and founded in 2016, Resal provides digital solutions for businesses that specializes in alternative payment solutions. Hatem Kameli (CEO) and Fouad AlFarhan are the co-founders of the company. The company's primary product is a digital platform that simplifies the process of managing rewards and incentives. This platform allows businesses to send and track digital rewards for employees and customers, saving time and effort while increasing engagement. Resal also offers a wide selection of over 800 digital cards, covering brands like PUBG, Noon, STC, and Careem. Companies can use Resal's platform to create loyalty programs and issue custom-branded digital cards to enhance customer loyalty and drive sales. Resal’s network spans across countries in the MENA region, including the UAE, Bahrain, Kuwait, Qatar, and Oman. The firm has over 150,000 customers and 1,000 local and international clients.
Who invested in Resal
7 investors across 3 rounds
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Questions about Resal
Who invested in Resal?
Resal has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Resal raised?
Resal has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Resal last raise money?
Resal's most recent round on record is a Series A, in Aug 2024.
What does Resal do?
Based in Jeddah, Saudi Arabia, and founded in 2016, Resal provides digital solutions for businesses that specializes in alternative payment solutions.
Where is Resal headquartered?
Resal is headquartered in Jeddah, Saudi Arabia.
Which VCs invest in companies like Resal?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back retail companies at Resal's stage. Their profiles are linked below.
VCs backing retail startups at Series A
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