# Sabbar

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

- Industry: Software
- Headquarters: Riyadh, Saudi Arabia
- Website: www.sabbar.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Nov 24, 2019)
- Investors on record: 3

## About

Sabbar Ltd is a leading employment platform in Saudi Arabia, connecting job seekers with employers across various sectors through an efficient mobile application and streamlined hiring process.Sabbar Ltd, founded in 2019 in Riyadh, Saudi Arabia, operates as a comprehensive employment platform aimed at facilitating the hiring process. The company was established by Abdul Al-Mudaiheem and Mohamed Ibrahim, who also serves as CEO. Since its inception, Sabbar has participated in four funding deals, with the latest being a pre-Series A round in July 2021, where it raised USD 4 mn led by STV, alongside other investors including Derayah Ventures and Seedra Ventures. The company has not undergone any significant pivots or structural changes since its founding.Sabbar Ltd operates as ?????? ??????? ??????? ??????? ?? ????????, providing a comprehensive employment platform that connects job seekers with employers in various sectors. Their main offerings include a mobile application available on both App Store and Play Store, allowing users to create free resumes and apply for jobs with a single click. The platform serves over 600 companies, from small enterprises to large corporations, and caters to both Saudi nationals and expatriates. Sabbar aims to streamline the hiring process by matching candidates to employers within 24 hours, addressing the critical recruitment needs in the job market. The platform is focused on enhancing accessibility for job seekers and employers throughout Saudi Arabia.Sabbar's revenue model is primarily subscription-based, offering tailored packages for businesses to meet their recruitment needs. Employers subscribe to different service tiers that grant access to a pool of qualified candidates, thereby expediting the hiring process while managing costs. The platform operates on a B2B transaction structure where employers pay for subscription services to post job listings and access candidate profiles. While specific pricing details are not disclosed, the model ensures a steady revenue stream by accommodating the recruitment requirements of both employers seeking talent and job seekers looking for opportunities.In July 2021, Sabbar Ltd raised USD 4 mn in pre-Series A funding led by STV, with participation from Derayah Ventures and Seedra Ventures, which will be utilized to support its geographical expansion. The company plans to expand its operations into new markets across the Middle East, targeting a broader client base by the end of 2023. This expansion strategy aims to enhance their service reach and address the growing demand for efficient recruitment solutions within the region.

## Funding rounds

- Seed, Nov 24, 2019, $1.5M — 500 Global, VentureSouq, Derayah Ventures

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- VentureSouq (https://capitalatlas.ai/funds/venturesouq) — Seed
- Derayah Ventures (https://capitalatlas.ai/funds/derayah-ventures) — Seed