Saudi PropTech startup Rekaz announced the successful closure of a $5 million Seed funding round, led by COTU Ventures with participation from Impact46, Shorooq, and Numrah Group.
Rekaz specializes in digital reservation and subscription management for service establishments such as gyms, salons, academies, and medical clinics. The platform enables clients to create branded websites and apps, facilitating a complete digital transition for these service providers.
Founded in 2024 by Abdulrahman Alomran and Abdulaziz Alkharashi, the company plans to deploy the new capital to develop advanced technological solutions aimed at accelerating the digital transformation of service businesses in Saudi Arabia and the broader region.
This funding will help Rekaz expand its services and strengthen its position in the service technology sector, capitalizing on the increasing market demand for digital solutions.