Gathern
ActiveA peer-to-peer marketplace for booking short-term and monthly vacation rentals (chalets, villas, apartments) across Saudi Arabia.
Gathern is Saudi Arabia's largest alternative-hospitality marketplace, licensed by the Ministry of Tourism, listing more than 72,000 properties across 175+ cities with roughly a 44% share of the Kingdom's alternative accommodation market. Founded in Riyadh in 2016, it is preparing for a Tadawul IPO around 2028.
Founders
Funding Rounds
Lead: Sanabil Investments
Investors: Sanabil Investments, STV, Pinnacle Capital, Nuwa Capital, Endeavor Catalyst
Investors: Sanabil Investments, STV, Pinnacle Capital, Nuwa Capital, Endeavor Catalyst.
Lead: STV
Investors: STV, Vision Ventures, 500 Startups, Naef Sultan AlAthel, ARG Limited
Largest Series A for a woman-led Saudi startup at the time. Also: https://www.menabytes.com/gathern-series-a/ https://www.arabnews.com/node/1863351 https://kr-asia.com/gathern-raises-usd-6-million-in-saudi-arabias-largest-series-a-round-for-a-woman-led-firm Confidence: confirmed (round 13, Wamda).
Investors: Inspire Ventures, Vision Ventures, 500 Startups, Aquilaria Capital Management Fund, Deyarat Trading Company, Abdulla Al Rumaih, Abdulrahman Al-Janini, Nayef Al-Athel
Amount not disclosed by the company. Described as the first VC round for a Saudi startup with a female co-founder (excluding accelerator money). Also: https://www.menabytes.com/gathern-series-a/ Confidence: confirmed (round 13, MENAbytes).
Something here wrong?
Every figure on this page is meant to have a source behind it. If one doesn't match reality, tell us and we'll fix it.
Feedback about Gathern