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Colabs Gets $3 Million Seed To Expand Across Pakistan, Launch Back-Office Saas Solution

Mar 25, 2022•over 3 years ago

Amount Raised

$3 Million

Round Type

seed

Lahore

Description

Lahore-based coworking space startup, Colabs, is set to roll-out a SaaS product to enable businesses meet back-office needs including company registration, talent sourcing and management, payroll processing and legal and tax compliance. It also plans to hire more staff, which will include increasing the product team for its SaaS workspace business service that is emerging from the beta phase.

Company Information

Company

Colabs

Location

Lahore, Punjab, Pakistan

About

The new plans come after the startup secured $3 million in seed funding in a round led by Indus Valley Capital, Zayn Capital and Fatima Gobi Ventures, the first time that the three Pakistan-focused VCs are investing in a startup together. The family-owned real estate firm develops Colabs spaces. The startup hosts over 100 companies with a combined 1,200 people across its three locations in Lahore.