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Rekaz has raised $5 million in seed funding led by COTU Ventures to expand its AI-driven platform for service businesses.

Jul 08, 2025•11 days ago

Amount Raised

$5 Million

Round Type

seed

RiyadhEnterprise SoftwareSaasArtificial IntelligenceSoftware

Investors

Angel InvestorsNumrah CapitalShorooq PartnersImpact46Cotu Ventures

Description

Rekaz, a Saudi-based SaaS startup, raised $5 million in seed funding to enhance its operating system for service businesses. The funding, led by COTU Ventures, will be used for product development and to expand across GCC markets. Rekaz offers a comprehensive platform for SMBs, streamlining their operations. The company aims to transform services businesses, much like Shopify did for e-commerce.

Company Information

Company

Rekaz

Location

Riyadh, Riyadh Region, Saudi Arabia

About

Rekaz is a Saudi-based SaaS startup founded in 2017 that provides an all-in-one platform for service-based SMBs, including gyms, salons, and clinics. The platform covers various functionalities like scheduling, payments, subscriptions, and customer engagement, aiming to streamline operations. With over 7,000 businesses using Rekaz, it has facilitated more than 1 million appointments and subscriptions, demonstrating strong market traction. The company leverages AI capabilities to enhance user experience and operational efficiency.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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