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Saudi short-term rental platform Gathern raises $72m Series B
Reading Time: < 1 minuteSaudi Arabia: Riyadh-based short-term rental platform Gathern has secured $72 million [SAR 250 million] in Series B funding, valuing the company at over $266 million [SAR 1 billion]. The round was led by Sanabil Investments, with participation from STV, Nuwa Capital, Endeavor Catalyst, and Pinnacle Capital. Founded in 2017, Gathern has become one of the […]
Saudi Arabia to launch tourism portal to rival major OTAs
Reading Time: 2 minutesKSA: Saudi Arabia is set to launch its own property rental portal to take on major global marketplaces such as Airbnb, after a new tourism law was approved in the Kingdom this week.
Saudi marketplace Gathern closes pre-Series B round
Reading Time: 2 minutesKSA: Jeddah-based peer-to-peer vacation rental marketplace Gathern has announced the closing of a pre-Series B investment round.
Gathern raises $6m in landmark Series A funding round
Reading Time: 2 minutesKSR: Jeddah-based vacation rental marketplace Gathern has announced that it has raised $6 million [SR22 million] in Series A funding to fuel its domestic expansion. The round was led by Saudi venture capital firm STV, with participation from existing investors in the shape of Vision Ventures, 500 Startups, Naef Sultan AlAthel, and ARG Limited. It […]