Jaras Hospitality closes a Pre-Seed investment round worth 2.5 million Riyals.
To enhance its competitive capability in Saudi Arabia
“jaras ,” a company specializing in providing innovative hospitality management solutions in Saudi Arabia, has closed its pre-seed funding round, raising 2.5 million Saudi Riyals.
This move is part of the company’s efforts to enhance its competitive edge in the local market, with the goal of offering innovative solutions that improve the daily management of hotel operations and enhance customer experience.
Founded in 2023, “Jaras ” aims to bridge a gap in the hospitality sector by offering advanced technological solutions.
The company provides a variety of tools and systems that help hotels improve the efficiency of daily operations. Their solutions include an advanced system for managing bookings and hotel units.
The system also allows for integrated management of room availability and pricing across various online booking platforms, contributing to better pricing strategies and increased room occupancy.
Additionally, the system offers comprehensive and accurate reports that enable hotel managers to monitor performance effectively and make data-driven decisions in real-time.
These solutions not only improve hotel operations but also enhance guest satisfaction by improving the booking and stay experience.
As part of its ambitious expansion plans, “Jaras ” announced that the 2.5 million SAR pre-seed funding round will support its efforts to provide advanced technological solutions that meet the needs of the Saudi hospitality sector.
The company aims to use this investment to accelerate growth and strengthen its presence in both the local and regional markets, with continuous efforts to expand its range of innovative services and solutions.
Commenting on the success of the funding round, Ahmed AlZabidi, co-founder and CEO of “Jaras ,” said: “We are very excited to close this funding round, which represents significant support for our vision of developing the hospitality sector.”
He added: “With this funding, we aim to enhance our technical capabilities and expand our team to enable us to achieve our expansion goals in the Saudi and regional markets.”
He also stated: “This investment will allow us to accelerate growth and offer customized solutions that better meet market needs.”
AlZabidi concluded by affirming that “Jaras ” is always striving for innovation and developing solutions that enhance the guest experience and simplify hotel operations, helping to create added value for both partners and customers alike.
